KOSAIDO Holdings Co., Ltd.
7868・Prime Market・Other Products
資産コンサルティング
Ending-related peripheral segment covering Financial Services Business and inheritance consulting/real estate brokerage
| Period | Current | Previous | Change |
|---|---|---|---|
| Segment Revenue (Full year FY2026, ending March 2026) | ¥288 million | ¥1,796 million | ↓ |
| Segment Profit (Full year FY2026, ending March 2026) | △¥56 million (loss) | ¥1,447 million | ↓ |
| Segment Revenue YoY Change | △82.1% | — | ↓ |
| Segment Assets (As of end of FY2026, ending March 2026) | ¥5,263 million | ¥22,559 million | ↓ |
Business Details
This segment comprises the Financial Services Business (business loans, etc.) provided by Kosaido Finance Co., Ltd., and the Inheritance Consulting & Real Estate Brokerage Business provided by Tokyo Hakuzen Anshin Support Co., Ltd. It leverages customer touchpoints from the Funeral Services business to expand into ending-related peripheral areas that capture inheritance and asset succession needs. In FY2026 (ending March 2026), the segment faced a sharp deterioration in earnings due to the conclusion of a large-scale project, resulting in a segment loss.
Recent Overview
Revenue fell 82% and the segment fell into loss following the conclusion of a large-scale lending project
In FY2026 (ending March 2026), a large-scale project that had continued since the previous fiscal year concluded during the second quarter, resulting in a substantial decline in revenue and profit for the Financial Services Business. Following the large project, the company shifted to a risk-limiting policy for loan cases, causing the loan balance to decrease significantly. The number of brokerage transactions also decreased in the Inheritance Consulting & Real Estate Brokerage Business. Segment revenue was ¥288 million (down 82.1% year on year), and the segment posted a loss of ¥56 million (compared to a segment profit of ¥1,447 million in the prior period), exposing the fragility of the revenue structure.
Key Products
Growth Drivers
- Expansion into ending-related peripheral areas (inheritance and asset succession) leveraging customer touchpoints from the Funeral Services business
- Recovery and stable accumulation of consultation and brokerage cases in the Inheritance Consulting & Real Estate Brokerage Business
- Rebuilding revenue contribution through new acquisition of real estate cases
- Securing stable financial income through carefully selected loan cases under a risk-limiting policy
Risks
- High dependence on revenue from large-scale project cases, resulting in an extremely large rebound decline when a project ends (segment revenue fell 82.1% year on year in full-year FY2026, ending March 2026)
- Difficulty in stabilizing revenue if steady accumulation of cases in the Inheritance Consulting & Real Estate Brokerage Business does not progress
- The loan balance has decreased substantially due to the shift to a policy of carefully selecting loans and limiting risk, shrinking the revenue base of the Financial Services Business
- Rising interest rates could increase funding costs, potentially affecting the profitability of the Financial Services Business
- An impairment loss of ¥143 million was recorded in FY2025 (ended March 2025), and the risk of declining asset profitability has materialized in the past
Last updated: June 26, 2026