Landnet Inc. (TSE: 2991) — which buys, renovates, sells and manages investment condominiums and operates a real-estate technology platform — reported nine-month results on June 12, 2026 for the period to April 2026 (fiscal year ends July). Revenue rose 15.9% year-on-year to ¥80,137 million, operating profit gained 19.7% to ¥2,959 million, ordinary profit rose 20.4% to ¥2,583 million, and net profit attributable to owners climbed 23.1% to ¥1,769 million, lifting EPS to ¥73.89 (restated for stock splits).
Steady growth in investment-property transactions
The double-digit growth reflects firm demand for income-producing condominiums and the expansion of Landnet's buying and selling network, supported by its property-technology tools. Total assets stood at ¥41,388 million with net assets of ¥12,618 million and an equity ratio of 30.5%. The company has carried out successive 2-for-1 stock splits (November 2024 and November 2025).
Full-year guidance points to continued expansion
For the full year to July 2026 Landnet guided revenue of ¥110,598 million (+15.2%), operating profit of ¥4,503 million (+20.3%), ordinary profit of ¥3,971 million (+19.9%) and net profit of ¥2,649 million (+11.1%), equivalent to EPS of ¥110.68.
The planned annual dividend is ¥11.10 per share on a post-split basis. Landnet's model pairs a high-volume investment-property trading business with management services and a growing technology platform for property investors.
| Metric | 9M FY2026 | 9M FY2025 | YoY |
|---|---|---|---|
| Revenue (¥ million) | 80,137 | 69,156 | +15.9% |
| Operating profit (¥ million) | 2,959 | 2,472 | +19.7% |
| Ordinary profit (¥ million) | 2,583 | 2,146 | +20.4% |
| Net profit (¥ million) | 1,769 | 1,438 | +23.1% |
| EPS (¥) | 73.89 | 60.15 | +22.8% |
| Equity ratio | 30.5% | 31.3% | — |
| FY2026 guidance — revenue (¥ million) | 110,598 | — | +15.2% |
| FY2026 guidance — net profit (¥ million) | 2,649 | — | +11.1% |
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.