Tomoku exceeds Q2 profit forecasts on strong housing sales
Tomoku Corporation announced on October 31, 2025, that its consolidated financial results for the second quarter of the fiscal year ending March 2026 surpassed its previously released forecast. Consolidated net sales for the period were 109,084 million yen, slightly below the 109,500 million yen forecast.
Operating profit reached 4,472 million yen, up 24.2% from forecast, ordinary profit was 4,429 million yen, up 26.5%, and net profit attributable to parent company shareholders was 2,785 million yen, up 32.6%. This compares to initial forecasts of 3,600 million yen, 3,500 million yen, and 2,100 million yen, respectively. Earnings per share also increased to 169.06 yen from the forecast of 127.53 yen.
The outperformance was primarily attributed to the housing business, particularly strong sales of speculative and custom-built homes by Tamayoshi Co., Ltd. Despite the upward revision in interim results, Tomoku confirmed its full-year consolidated earnings forecast for the fiscal year ending March 2026 remains unchanged.
Tomoku also expanded its consolidation scope by adding Nitsuei Shikou Co., Ltd. and Enshu Shikou Co., Ltd. Conversely, Sweden House Reform Co., Ltd. was merged into Sweden House Co., Ltd. and subsequently excluded from consolidation.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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