FJ Next Holdings Co (8935) Q1 2026 earnings summary

Executive summary

• Net sales rose 31.8% year-over-year to ¥31,494 million in the first quarter ended June 30, 2025, driven by strong performance in real estate development and construction segments.

• Operating income surged 136.4% year-over-year to ¥3,022 million, and net income attributable to shareholders increased 143.4% to ¥2,057 million.

• The Tokyo metropolitan condominium market saw a decline in new supply and contract rates, but investment-type condominium demand remained solid.

Financial highlights

• Gross profit increased to ¥5,949 million from ¥3,841 million year-over-year.

• Net income per share rose to ¥62.85 from ¥25.84 year-over-year.

• Comprehensive income reached ¥2,055 million, up 152.7% year-over-year.

• Total assets grew to ¥107,001 million, and net assets to ¥73,995 million as of June 30, 2025.

Outlook and guidance

• Full-year forecast remains unchanged: net sales of ¥125,000 million (up 11.2% year-over-year), operating income of ¥9,600 million (up 1.2%), and net income attributable to shareholders of ¥6,600 million (up 1.8%).

• Net income per share for the full year is projected at ¥201.64.