Aida Sekkei Co., Ltd. (TSE: 2990) reported consolidated results for FY3/2026 (J-GAAP). Revenue fell 7.1% to ¥57,858 million, but the company returned to profit: operating profit was ¥433 million (versus a ¥704 million operating loss a year earlier), ordinary profit was ¥148 million, and net profit attributable to owners was ¥59 million (versus a ¥606 million net loss). EPS was ¥1.64.
Low-cost homebuilder swings back to profit
Aida Sekkei builds and sells low-cost custom-order and spec homes, mainly in the greater Tokyo area from its Saitama base. Even as sales slipped, tighter cost control returned the business to an operating profit despite the lower top line, reversing the prior year's operating and net losses.
Balance sheet and dividend
Total assets were ¥46,789 million, net assets ¥11,655 million and the equity ratio 24.9% (BPS ¥326.94). Operating cash flow was a strong ¥8,954 million. The FY3/2026 annual dividend was ¥0.80, with a ¥0.60 dividend forecast for FY3/2027.
FY27 guidance: sharply higher profit
For FY3/2027 management guides revenue of ¥61,538 million (+6.4%), operating profit of ¥572 million (+32.0%), ordinary profit of ¥293 million (+97.3%) and net profit of ¥143 million (+140.6%), with EPS of ¥3.94. The outlook points to a recovery in both volume and margin after the FY3/2026 turnaround.
| Metric | FY3/2026 | FY3/2025 | YoY |
|---|---|---|---|
| Revenue (¥ million) | 57,858 | 62,288 | -7.1% |
| Operating profit (¥ million) | 433 | -704 | Return to profit |
| Ordinary profit (¥ million) | 148 | — | Return to profit |
| Net profit attrib. to owners (¥ million) | 59 | -606 | Return to profit |
| EPS (¥) | 1.64 | -16.51 | Return to profit |
| Equity ratio | 24.9% | 21.7% | +3.2pp |
| Annual dividend (¥) | 0.80 | 0.00 | Restored |
| FY27 net profit guidance (¥ million) | 143 | 59 | +140.6% |
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