Tama Home (1419) Q1 2026 earnings summary

Executive summary

• Q1 FY2026 results exceeded the initial plan, but net sales fell 20.8% YoY and operating and net losses widened.

• Custom-home orders showed signs of recovery in unit volume, while deliveries fell sharply; subdivision orders and sales remained firm.

Financial highlights

• Net sales were ¥29,095 million vs. ¥36,759 million YoY; gross profit was ¥6,457 million vs. ¥8,491 million, with gross margin at 22.2% vs. 23.1%.

• Operating loss widened to ¥4,435 million from ¥3,763 million; ordinary loss was ¥4,439 million vs. ¥3,876 million.

• Loss attributable to owners of parent was ¥2,833 million vs. ¥2,537 million; comprehensive loss was ¥2,391 million vs. ¥2,890 million.

Outlook and guidance

• FY ending May 31, 2026 forecast: net sales ¥235,000 million, operating profit ¥9,300 million, ordinary profit ¥9,000 million, and profit attributable to owners of parent ¥6,000 million.

• Forecast growth is 17.0% for net sales, 126.1% for operating profit, 137.5% for ordinary profit, and 305.9% for profit attributable to owners of parent; basic EPS is ¥206.98.