Tama Home's Q3 sales drop, housing orders down

Tama Home (TSE: 1419) reported its third-quarter financial results for the fiscal year ending May 2025, highlighting a challenging period marked by decreased sales and order volumes. Total sales reached JPY 123.8 billion, down from JPY 152.5 billion in the same period last year. New housing orders declined to 5,492 units, compared to 6,559 units in Q3 2024. While renovation orders remained strong at JPY 8.9 billion, the overall business was impacted. The company's operating loss expanded to JPY 4.9 billion compared to a JPY 1.4 billion loss last year. Despite these challenges, the company maintains its forecast of JPY 195 for full-year dividend.