)

KATITAS (8919) investor relations material
KATITAS Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Net sales for 1Q FY2025 rose 12.4% year-over-year to ¥35,063 million, with operating profit up 39.4% to ¥4,331 million and net income up 39.5% to ¥2,857 million, driven by strong demand for affordable, renovated homes and record-high sales.
Properties sold increased 10.6% to 1,976 units, and properties purchased rose 21.7% to 2,163 units.
Gross profit margin improved to 24.0% (adjusted: 24.8%), despite a negative impact from a consumption tax-related litigation ruling.
Inventory of real estate increased 18.1% year-over-year, ensuring capacity for continued double-digit growth.
The company continues to expand its sales force and invest in productivity improvements, with new graduate hires up and turnover rates stable.
Financial highlights
Operating profit for 1Q FY2025 reached ¥4,331 million, up 39.4% year-over-year; net income rose 39.5% to ¥2,857 million.
Adjusted gross profit margin (excluding tax litigation impact) was 24.8%, up 2.4pt year-over-year.
EPS for 1Q FY2025 was ¥36.55, up 39.1% year-over-year.
ROE (LTM) improved to 23.9%, up 1.8pt year-over-year; equity-to-asset ratio increased to 56.8%.
Inventory real estate grew to ¥64,998 million, up 18.1% year-over-year.
Outlook and guidance
FY2025 full-year guidance: net sales ¥146,000 million (+12.7%), operating profit ¥16,200 million (+13.9%), and net income ¥10,800 million (+13.1%), with EPS forecast at ¥138.11.
Dividend payout ratio set at 50% or more, with annual dividend forecast at ¥70 per share; interim dividend forecast raised to ¥35 per share.
Management expects continued strong demand for low-priced homes, minimal impact from rising interest rates or U.S. tariffs, and stable cost environment.
Inventory of newly built homes may remain below expectations, but ample inventory supports growth targets.
No changes to previously announced earnings forecasts.
Next KATITAS earnings date

The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage