Tokyu Fudosan, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 6%, Raises Record High Profit Forecast, Dividend Revised Upward by 2.5 Yen

About Information Provided on This Site

The information provided on our website 'Kabutan.com' is not intended to constitute investment solicitation or investment advisory services.
All investment decisions should be made at your own discretion and judgment.
The data on our website is provided by Tokyo Stock Exchange, Osaka Exchange, Nagoya Securities Exchange, JPX Market Innovation & Research, Japannext, and other sources.
Copyright of the Nikkei Stock Average belongs to Nikkei Inc. Stock price charts displayed on Kabutan.com are provided solely for the purpose of reviewing historical price movements of the securities.
These charts neither suggest nor guarantee future price movements of the securities and do not constitute recommendations to buy or sell.
In our financial results coverage, the term 'Surprise Results' identifies securities that demonstrate a significant degree of surprise in their earnings announcements.
This significance is quantitatively assessed based on multiple factors, including: the nature of the announcement (full-year or quarterly results); types of revisions (earnings or dividend forecasts); and numerical analysis comparing the announced results with both the company's previous forecasts and historical performance.
The 'Surprise Ranking' presents these results in order of their calculated surprise factor. Please note that neither these results nor rankings are intended to suggest or guarantee future performance of the listed securities, nor should they be construed as recommendations to buy or sell.

Fri Nov 7, 2025 3:30 pm JST Earnings

3289 Tokyu Fudosan Holdings Corporation 【J-GAAP】

Earnings Report

Tokyu Fudosan Holdings Corporation <3289> [TSE Prime] announced its financial results after the market closed on November 7th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) expanded 69.5 billion yen, an increase 55.2% compared to the same period last year.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 5.7%, from the previous forecast of 131 billion yen to 139 billion yen (compared to 129 billion yen in the previous period), increasing the growth rate from 1.8% to 7.6%, further surpassing the previous forecast of record-high profits for four consecutive terms.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to decrease 17.7% from the same period last year to 69.4 billion yen.

In light of the strong performance, the company has increased its planned annual dividend for the current fiscal year from the original plan of 42 yen to 44.5 yen (compared to 36.5 yen in the previous period).

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit surged 2.1 times that of the same period last year, reaching 32.1 billion yen. The operating profit margin significantly improved from 8.0% in the same period last year to 12.3%.

Kabutan News

Actual Results

Accumulated Results 2nd Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Apr - Sep, 2023	490,696	58,044	53,468	38,346	54.0	48.4	Nov 7, 2023	J-GAAP
Apr - Sep, 2024	503,272	50,549	44,829	25,062	35.2	34.7	Nov 5, 2024	J-GAAP
Apr - Sep, 2025	591,272	78,518	69,593	52,163	72.9	50.1	Nov 7, 2025	J-GAAP
YoY	+17.5%	+55.3%	+55.2%	+108.1%	+107.5%

First Half Results vs. Previous Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2025 Guidance	ー	ー	ー	ー	－	21	May 9, 2025	J-GAAP
Apr - Sep, 2025 Results	591,272	78,518	69,593	52,163	72.9	22	Nov 7, 2025	J-GAAP
Revision Rate	－	－	－	－	－

Guidance Update

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2026 Prev	1,270,000	153,000	131,500	85,000	119.0	42	May 9, 2025	J-GAAP
Mar, 2026 New	1,300,000	160,000	139,000	90,000	126.0	44.50	Nov 7, 2025	J-GAAP
Revision Rate	+2.4%	+4.6%	+5.7%	+5.9%	+5.9%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2024	647,029	90,214	84,323	52,500	73.6	19.50	May 9, 2025	J-GAAP
Oct - Mar, 2025 Guidance	708,728	81,482	69,407	37,837	53.0	22.50	Nov 7, 2025	J-GAAP
YoY	+9.5%	-9.7%	-17.7%	-27.9%	-28.0%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2024	1,103,047	120,238	110,391	68,545	96.4	31	May 10, 2024	J-GAAP
Mar, 2025	1,150,301	140,763	129,152	77,562	108.7	36.50	May 9, 2025	J-GAAP
Mar, 2026 Guidance	1,300,000	160,000	139,000	90,000	126.0	44.50	Nov 7, 2025	J-GAAP
YoY	+13.0%	+13.7%	+7.6%	+16.0%	+15.9%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2024	236,093	18,913	15,484	6,162	8.6	8.0	Nov 5, 2024	J-GAAP
Oct - Dec, 2024	259,976	37,296	34,299	22,374	31.4	14.3	Feb 7, 2025	J-GAAP
Jan - Mar, 2025	387,053	52,918	50,024	30,126	42.2	13.7	May 9, 2025	J-GAAP
Apr - Jun, 2025	287,983	41,232	37,414	30,553	42.7	14.3	Aug 6, 2025	J-GAAP
Jul - Sep, 2025	303,289	37,286	32,179	21,610	30.2	12.3	Nov 7, 2025	J-GAAP
YoY	+28.5%	+97.1%	+107.8%	+250.7%	+249.7%