Yoshicon Co.,Ltd.
5280・Standard Market・Real Estate
Residence Business
Housing sales-focused segment responsible for planning and sales of condominiums and detached houses
| Period | Current | Previous | Change |
|---|---|---|---|
| Net Sales | ¥2,498 million | ¥8,049 million | ↓ |
| Segment Profit (Operating Profit) | ¥267 million | ¥1,681 million | ↓ |
| Segment Assets | ¥5,889 million | ¥6,180 million | ↓ |
| Depreciation | ¥18 million | ¥28 million | ↓ |
| Capital Expenditures (Increase in Tangible/Intangible Fixed Assets) | ¥0 million | ¥73 million | ↓ |
Business Details
Engaged in the planning and sales of residential real estate, including condominium sales and Whole-Building Condominiums & Detached Houses. The main operating entity is Yoshicon Co., Ltd. The segment is actively promoting the provision of New Condominiums for Sale in response to social changes such as the declining birthrate and aging population, while also working to acquire business sites and promote in-house development from a medium- to long-term perspective, as well as expand its sales area. It has a revenue structure in which performance is concentrated at the time of handover, resulting in significant period-to-period fluctuations.
Recent Overview
Net sales declined 69.0% and profit declined 84.1% due to the absence of whole-building condominium handovers
In FY2026 (ending March 2026), due to the rebound effect from the handover of a new whole-building condominium for sale in the prior period, there was no corresponding project in the current period, resulting in a significant decline in revenue and profit. Net sales were ¥2,498 million (down 69.0% year-on-year), and segment profit was ¥267 million (down 84.1% year-on-year). This once again highlighted the structural characteristic of performance concentration at the time of handover. Toward the next period (FY2027, ending March 2027), the policy of actively providing New Condominiums for Sale and focusing on business site acquisition is stated as a continuing strategy.
Key Products
Growth Drivers
- Active provision of New Condominiums for Sale in response to social changes such as the declining birthrate and aging population
- Focus on business site acquisition from a medium- to long-term perspective and active promotion of in-house development
- Expansion of sales opportunities through efforts to expand the sales area
- Strengthening of product planning capabilities responsive to social changes
Risks
- Risk of period-to-period performance fluctuation due to concentration of performance at condominium handover timing (net sales declined 69.0% in FY2026 (ending March 2026) due to zero whole-building projects)
- Impact of real estate market conditions and interest rate trends on sales prices and demand
- Risk of rising construction costs due to soaring resource and energy prices
- Risk of rising procurement costs due to intensifying competition for business site acquisition
Last updated: June 26, 2026