ENVALITH
株式会社くふうカンパニー logo

Kufu Company Inc.

4376Growth MarketInformation & Communication

株式会社くふうカンパニー logo
Kufu Company Inc.4376

Life Event Business

The Group's largest revenue-contributing segment, providing FC, consultation, and wedding services in the housing and marriage domains

PeriodCurrentPreviousChange
Sales (external customers, first-half cumulative)¥4,121 million¥3,990 million
Sales year-on-year change+3.4%
Segment profit (first-half cumulative)¥231 million¥341 million
Segment profit year-on-year change-32.1%
Sales (full year, prior year actual)¥8,533 million
Operating profit (full year, prior year actual)¥786 million

Business Details

This segment comprises Kufu Housing Consulting Co., Ltd., Kufu Housing Co., Ltd., Kufu Wedding Co., Ltd., and others. It provides information and services related to housing and marriage through three pillars: the Housing FC Business (franchise for construction companies), the Housing Consultation Business (operation of consultation counters), and the Wedding Business (casual weddings, rental dress shops, location photography, etc.). External customer sales of ¥4,121 million for the first half of FY2026 (ending September 2026) accounted for approximately 56% of the Group's total reportable segment sales of ¥7,361 million, making it the Group's largest revenue-contributing segment.

Recent Overview

Sales increased 3.4%, but profit declined sharply by 32.1% year-on-year, indicating deteriorating profitability

In the first half of FY2026 (ending September 2026) (October 2025 to March 2026), sales for the Life Event Business rose to ¥4,121 million (up 3.4% year-on-year), securing an increase in sales. The Housing Consultation Business benefited from area expansion through the opening of new counters, while the Wedding Business benefited from new customer acquisition in casual weddings. On the other hand, sluggish sales in the Housing FC Business, combined with increased expenses, led to a substantial decline in segment profit to ¥231 million (down 32.1% year-on-year).

Key Products

service
Housing FC Business

The business seeks to stabilize earnings by diversifying its product lineup, including renovations and standardized housing, but sales were sluggish in the first half of the fiscal year under review.

service
Housing Consultation Business

During the first half of the fiscal year under review, new consultation counters were steadily opened, leading to expansion of both sales and coverage area.

service
Wedding Business

Amid continued difficult market conditions, the domestic casual wedding business's service offerings, which capture diversifying needs, contributed to the acquisition of new customer segments, resulting in growth in both sales and profit for the first half of the fiscal year under review.

service
In-house Construction Business

This business tends to experience volatile sales and profit due to fluctuations in the number of completed housing units.

Growth Drivers

  • Area expansion and increased customer touchpoints through strengthened opening of Housing Consultation counters
  • Establishment of new revenue sources and acquisition of new customer segments through focus on the casual wedding domain (rental dress shops and location photography businesses)
  • Earnings stabilization through diversification of products such as renovations and standardized housing in the Housing FC Business
  • Strengthened cross-selling through the realization of one-stop services via the introduction of a Group-wide common user ID
  • Improved profitability through company-wide cost reductions and the streamlining of unprofitable businesses

Risks

  • Pressure on overall segment profitability due to sluggish sales in the Housing FC Business (profit declined 32.1% in the first half of the fiscal year under review)
  • Risk of business fluctuation in the Housing FC Business due to extended delivery times resulting from housing-related legal revisions (such as the Building Standards Act)
  • Deterioration of the business environment due to structural contraction of the wedding market (declining birthrate and number of marriages)
  • Short-term pressure on profit due to upfront costs associated with strengthening the opening of Housing Consultation counters
  • Instability in sales and profit in the In-house Construction Business due to fluctuations in the number of completed housing units
  • Decline in home purchase intent and changes in consumer purchasing behavior due to rising interest rates and inflation
  • Future impairment risk related to goodwill balances (a large-scale impairment loss was recorded in the prior fiscal year)

Last updated: December 22, 2025