Tama Home (1419) Q4 2026 earnings summary

Executive summary

• FY26 net sales fell 1.5% YoY to ¥197,740m; operating profit declined 6.6% to ¥3,842m and profit attributable to owners of parent fell 17.9% to ¥1,213m.

• Custom-home orders and deliveries weakened while built-for-sale housing grew; Tama Step 2031 was launched to rebuild the business base and pursue a V-shaped recovery.

Financial highlights

• Gross profit was ¥47,907m vs ¥51,105m; SG&A was ¥44,065m vs ¥46,992m.

• Ordinary profit was ¥3,757m, down 0.8% YoY; EPS was ¥41.86 vs ¥50.99.

• Operating margin was 1.9% vs 2.0%; pretax profit fell 21.2% YoY.

• Comprehensive income declined to ¥1,086m from ¥1,467m, including a ¥135m negative foreign currency translation adjustment.

Outlook and guidance

• FY27 forecast: net sales ¥230,000m (+16.3%), operating profit ¥7,500m (+95.2%), and ordinary profit ¥6,700m (+78.3%).

• FY27 forecast profit attributable to owners of parent is ¥4,000m (+229.7%); forecast EPS is ¥137.99.

• FY27 annual dividend forecast is ¥130 per share, with a 94.2% forecast consolidated payout ratio.