LIFULL First-Half Operating Profit Jumps 29% to ¥2.34bn as Core Portal Grows; Net Profit Falls on Prior-Year One-Off

LIFULL, the Tokyo operator of the LIFULL HOME'S real-estate portal, posted first-half operating profit up 28.5% to ¥2.34 billion on 4.3% revenue growth, though net profit fell against a prior-year period boosted by a one-time overseas gain.

LIFULL LIFULL · TSE

LIFULL Co., Ltd. (TSE: 2120), which runs the LIFULL HOME'S property-listings portal and related housing and real-estate services, reported first-half results for the six months to March 31, 2026, the interim period of its September financial year. Under IFRS, revenue from continuing operations rose 4.3% to ¥14.90 billion, operating profit rose 28.5% to ¥2.34 billion and pre-tax profit rose 35.5% to ¥2.44 billion. Interim profit attributable to owners fell 58.5% to ¥1.54 billion, against a year-earlier period that included a large one-off gain from restructuring its overseas business, now classified as discontinued operations. EPS was ¥12.05.

Core business strengthens

Stripping out the prior-year one-off, the underlying domestic portal business improved, with operating profit up nearly 29% on steady revenue growth and tighter cost control.

Balance sheet

Total assets stood at ¥42.10 billion, with equity attributable to owners of ¥27.27 billion and an equity ratio of 64.8%.

Dividend and outlook

For the full year to September 2026 LIFULL guides revenue of ¥29.70 billion (+5.6%), operating profit of ¥3.00 billion (−21.4%) and net profit attributable to owners of ¥1.90 billion (−64.3%), for EPS of ¥14.10; the year-end dividend is guided at ¥5.21, set at a 30% payout ratio.

LIFULL — H1 FY9/2026 Key Financials (IFRS, consolidated)
MetricH1 FY9/26H1 FY9/25YoY
Revenue (continuing, ¥m)14,90114,291+4.3%
Operating profit (¥m)2,3441,824+28.5%
Pre-tax profit (¥m)2,4411,801+35.5%
Interim profit attrib. (¥m)1,5443,723−58.5%
EPS (¥)12.0529.08−58.6%
Equity ratio64.8%63.6%+1.2pp
FY9/26 OP guidance (¥m)3,0003,817−21.4%

JapanStockPulse provides informational content only and does not constitute investment advice. Figures are taken from the company's published earnings short report and may be subject to subsequent revision.