DISCLAIMER: This document has been translated from a part of the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
July 31, 2025
Company name: ESLEAD CORPORATION Listing: Tokyo Stock Exchange
Securities code: 8877
URL: https://www.eslead.co.jp
Representative: Sugio Aramaki, Representative Director and President
Inquiries: Yuzo Inoue, Senior Managing Director and General Manager of Administrative Division . Telephone: +81-6-6345-1880
Scheduled date to commence dividend payments: -
Preparation of supplementary material on financial results: None
Holding of financial results briefing: None
(Yen amounts are rounded down to millions, unless otherwise noted.)
-
Consolidated financial results for the three months ended June 30, 2025 (from April 1, 2025 to June 30, 2025)
-
Consolidated operating results (cumulative) (Percentages indicate year-on-year changes.)
Net sales
Operating profit
Ordinary profit
Profit attributable to owners of parent
Three months ended
Millions of yen
%
Millions of yen
%
Millions of yen
%
Millions of yen
%
June 30, 2025
30,714
(25.1)
5,389
(35.4)
5,077
(38.3)
3,009
(40.9)
June 30, 2024
40,985
135.4
8,348
129.9
8,226
128.8
5,088
137.1
Note: Comprehensive income For the three months ended June 30, 2025:
¥3,019 million
[(40.5)%]
For the three months ended June 30, 2024:
¥5,070 million
[132.2%]
Basic earnings per share
Diluted earnings per share
Three months ended
Yen
Yen
June 30, 2025
195.02
-
June 30, 2024
329.78
-
- Consolidated financial position
Total assets
Net assets
Equity-to-asset ratio
Net assets per share
As of
Millions of yen
Millions of yen
%
Yen
June 30, 2025
232,963
74,936
32.2
4,856.75
March 31, 2025
227,029
73,460
32.4
4,761.07
Reference: Equity
As of June 30, 2025: ¥74,936 million
As of March 31, 2025: ¥73,460 million
-
Consolidated operating results (cumulative) (Percentages indicate year-on-year changes.)
-
Cash dividends
Annual dividends per share
First quarter-end
Second quarter-end
Third quarter-end
Fiscal year-end
Total
Yen
Yen
Yen
Yen
Yen
Fiscal year ended March 31, 2025
-
85.00
-
100.00
185.00
Fiscal year ending March 31, 2026
-
Fiscal year ending March 31, 2026 (Forecast)
105.00
105.00
210.00
Note: Revisions to the forecast of cash dividends most recently announced: None
- Forecast of consolidated financial results for the fiscal year ending March 31, 2026 (from April 1, 2025 to March 31, 2026)
(Percentages indicate year-on-year changes.)
Net sales | Operating profit | Ordinary profit | Profit attributable to owners of parent | Basic earnings per share | |||||
Millions of yen | % | Millions of yen | % | Millions of yen | % | Millions of yen | % | Yen | |
Six months ending September 30, 2025 | 60,000 | 4.6 | 11,000 | 8.1 | 10,000 | 0.9 | 6,500 | 1.6 | 421.27 |
Fiscal year ending March 31, 2026 | 110,000 | 16.1 | 18,000 | 23.7 | 16,000 | 16.4 | 10,700 | 14.7 | 693.48 |
Note: Revisions to the earnings forecasts most recently announced: None
*NotesSignificant changes in the scope of consolidation during the period: None
Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements: None
Changes in accounting policies, changes in accounting estimates, and restatement
Changes in accounting policies due to revisions to accounting standards and other regulations: None
Changes in accounting policies due to other reasons: None
Changes in accounting estimates: None
Restatement: None
Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares)
As of June 30, 2025
15,465,600 shares
As of March 31, 2025
15,465,600 shares
Number of treasury shares at the end of the period
As of June 30, 2025
36,193 shares
As of March 31, 2025
36,193 shares
Average number of shares outstanding during the period (cumulative from the beginning of the fiscal year)
Three months ended June 30, 2025 | 15,429,407 shares |
Three months ended June 30, 2024 | 15,429,552 shares |
Review of the Japanese-language originals of the attached consolidated quarterly financial statements by certified public accountants or an audit firm:nothing
Proper use of earnings forecasts, and other special matters
The forward-looking statements, including forecasts of financial results, contained in these materials are based on information currently available to the Company and on certain assumptions deemed to be reasonable. However, the Company makes no guarantee that these forecasts will be achieved. Actual financial results, etc. may differ
substantially due to various factors. For the conditions on which earnings forecasts are predicated and precautions for the use of earnings forecasts, please refer to Appendix
P.2 "1. Summary of Operating Results, etc. (3) Explanation of Forward-Looking Information such as Consolidated Earnings Forecasts."
Quarterly consolidated balance sheet | ||
(Thousands of yen) | ||
As of March 31, 2025 | As of June 30, 2025 | |
Assets | ||
Current assets | ||
Cash and deposits | 31,242,775 | 30,938,037 |
Accounts receivable - trade | 2,670,135 | 3,453,808 |
Real estate for sale | 83,611,209 | 81,230,205 |
Real estate for sale in process | 90,657,956 | 98,161,063 |
Other | 5,332,823 | 5,668,428 |
Total current assets | 213,514,900 | 219,451,543 |
Non-current assets
Property, plant and equipment
Buildings and structures, net | 1,824,266 | 1,808,852 |
Machinery, equipment and vehicles, net | 1,605,837 | 2,116,049 |
Land | 3,374,789 | 3,374,789 |
Leased assets, net | 1,137,854 | 1,111,078 |
Construction in progress | 1,515,477 | - |
Other, net | 39,414 | 36,405 |
Total property, plant and equipment | 9,497,640 | 8,447,176 |
Intangible assets | 262,883 | 247,692 |
Investments and other assets | ||
Investment securities | 499,971 | 518,910 |
Deferred tax assets | 855,236 | 664,733 |
Other | 2,399,019 | 3,633,293 |
Total investments and other assets | 3,754,227 | 4,816,937 |
Total non-current assets | 13,514,751 | 13,511,806 |
Total assets | 227,029,651 | 232,963,350 |
(Thousands of yen)
As of March 31, 2025 | As of June 30, 2025 | |
Liabilities | ||
Current liabilities | ||
Notes and accounts payable - trade | 1,264,933 | 1,363,855 |
Electronically recorded obligations - operating | 3,212,000 | 1,705,990 |
Short-term borrowings | 4,010,000 | 2,668,000 |
Current portion of long-term borrowings | 32,577,416 | 34,487,502 |
Lease liabilities | 138,889 | 137,987 |
Income taxes payable | 3,069,973 | 1,971,147 |
Advances received | 1,807,594 | 1,838,385 |
Provision for bonuses | 238,108 | 114,666 |
Other | 1,936,093 | 2,180,471 |
Total current liabilities | 48,255,007 | 46,468,005 |
Non-current liabilities | ||
Bonds payable | 1,500,000 | 1,500,000 |
Long-term borrowings | 101,559,759 | 107,715,186 |
Lease liabilities | 1,089,707 | 1,059,130 |
Retirement benefit liability | 178,057 | 182,034 |
Provision for retirement benefits for directors (and other officers) | 243,875 | 245,375 |
Asset retirement obligations | 23,320 | 23,320 |
Other | 719,502 | 833,489 |
Total non-current liabilities | 105,314,220 | 111,558,535 |
Total liabilities | 153,569,228 | 158,026,541 |
Net assets | ||
Shareholders' equity | ||
Share capital | 1,983,000 | 1,983,000 |
Capital surplus | 2,871,307 | 2,871,307 |
Retained earnings | 68,467,160 | 69,933,227 |
Treasury shares | (65,690) | (65,690) |
Total shareholders' equity | 73,255,778 | 74,721,844 |
Accumulated other comprehensive income | ||
Valuation difference on available-for-sale securities | 204,644 | 214,964 |
Total accumulated other comprehensive income | 204,644 | 214,964 |
Total net assets | 73,460,423 | 74,936,808 |
Total liabilities and net assets | 227,029,651 | 232,963,350 |
Quarterly consolidated statement of income | ||
(Thousands of yen) | ||
Three months ended June 30, 2024 | Three months ended June 30, 2025 | |
Net sales | 40,985,651 | 30,714,739 |
Cost of sales | 30,427,238 | 22,938,640 |
Gross profit | 10,558,413 | 7,776,099 |
Selling, general and administrative expenses | ||
Advertising expenses | 116,601 | 161,808 |
Salaries and bonuses | 841,315 | 876,859 |
Provision for bonuses | 94,339 | 104,650 |
Retirement benefit expenses | 36,367 | 21,664 |
Provision for retirement benefits for directors (and other officers) | 1,687 | 1,500 |
Taxes and dues | 493,490 | 462,049 |
Depreciation | 31,379 | 30,347 |
Other | 595,004 | 727,771 |
Total selling, general and administrative expenses | 2,210,186 | 2,386,650 |
Operating profit | 8,348,226 | 5,389,448 |
Non-operating income | ||
Interest income | 52 | 713 |
Dividend income | 3,081 | 7,814 |
Cancellation penalty income | 1,600 | 1,033 |
Gain on guarantee deposits received | 25,244 | 31,209 |
Subsidy income | 4,833 | 3,800 |
Insurance claim income | 70 | 100,555 |
Administrative service fee income | 13,820 | 21,305 |
Other | 12,052 | 39,250 |
Total non-operating income | 60,753 | 205,681 |
Non-operating expenses | ||
Interest expenses | 181,426 | 516,307 |
Other | 1,184 | 1,261 |
Total non-operating expenses | 182,610 | 517,569 |
Ordinary profit | 8,226,369 | 5,077,560 |
Extraordinary losses | ||
Loss on retirement of non-current assets | - | 1,212 |
Total extraordinary losses | - | 1,212 |
Profit before income taxes | 8,226,369 | 5,076,348 |
Income taxes - current | 3,076,905 | 1,885,457 |
Income taxes - deferred | 61,171 | 181,883 |
Total income taxes | 3,138,076 | 2,067,341 |
Profit | 5,088,292 | 3,009,006 |
Profit attributable to owners of parent | 5,088,292 | 3,009,006 |