Tama Home (1419) Q3 2025 earnings summary

Executive summary

• 9M FY2025 net sales fell 18.8% YoY to ¥123,887 million; fewer home handovers drove lower revenue and profit, with a ¥4,939 million operating loss versus ¥1,459 million profit a year earlier.

• Custom-home orders showed signs of recovery, while subdivision and renovation orders remained steady; the full-year forecast is back-end loaded, with a greater contribution expected in Q4.

Financial highlights

• Gross profit declined to ¥30,751 million from ¥35,917 million; SG&A rose to ¥35,690 million from ¥34,457 million.

• Ordinary loss was ¥5,256 million versus ¥1,696 million profit; net loss attributable to owners was ¥3,973 million versus ¥763 million profit.

• Comprehensive loss was ¥3,976 million, compared with comprehensive income of ¥693 million in the prior-year period.

Outlook and guidance

• FY2025 forecast: net sales ¥207,000 million, operating profit ¥4,000 million, ordinary profit ¥3,900 million and net income ¥1,400 million; the forecast was not revised.

• Forecast basic EPS is ¥48.30; 9M revenue represented 59.8% of FY guidance, with results weighted toward Q4.