Iida Group Holdings (3291) investor relations material

Executive summary

• Revenue rose to ¥1,508.8 billion (up 3.4% YoY) and operating profit to ¥94.4 billion (up 17.4% YoY), despite ¥5 billion in EXPO 2025 advertising costs.

• Profit attributable to owners of parent increased to ¥63.3 billion, up 24.9% year-over-year.

• Operating profit margin improved to 6.3%, up 0.8 percentage points year-over-year.

• The business environment remained robust, especially in the Tokyo metropolitan area, despite inflation and supply chain concerns.

• The group focused on enhancing core business competitiveness and expanding its portfolio, targeting 4% organic growth and ROE of 10%+ by FY2030.

Financial highlights

• Gross profit reached ¥268.6 billion (17.8% margin), up 15.6% year-over-year.

• Basic EPS increased to ¥229.13 from ¥181.16 year-over-year.

• SG&A costs rose by ¥19.6 billion, mainly due to EXPO advertising and higher personnel expenses.

• Cash flows from operating activities turned negative at -¥97.5 billion, mainly due to increased inventories.

• Total assets grew to ¥2,008.7 billion, and total equity reached ¥1,021.6 billion.

Outlook and guidance

• FY2027 revenue forecast at ¥1,663 billion (+10.2%), operating profit at ¥103.6 billion (+9.7%).

• Profit attributable to owners of parent projected at ¥65.5 billion (+3.5%), with basic EPS of ¥237.04.

• Detached house sales expected to reach 40,000 units (+8.1% YoY); condominiums 1,600 units (-5.2% YoY).

• Gross profit margin expected to slightly decrease to 17.3%.

• Renovation business to be reported as a standalone segment from FY2027.