Sun Frontier Fudousan Earnings Call Transcripts
Fiscal Year 2027
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Q1 sales and profits rose YoY, with re-planning and hotel growth supporting results. Guidance was raised for FY March 2028, while investment and Aeras integration advance diversified growth.
Fiscal Year 2026
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FY Mar 2026 ordinary profit reached ¥23.2B, above plan, and stock-type business gross profit exceeded fixed costs for the first time. FY Mar 2027 ordinary profit is forecast at ¥26.0B, up 11.6%, while FY Mar 2028 targets rose to ¥150B sales and ¥30B ordinary profit.
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Q3 performance advanced across segments, with Stock-type sales up 39% and gross profit up 56% YoY. Recurring earnings covered 131% of fixed costs and interest, while the FY2028 plan targets ¥135.0B net sales and ¥27.0B ordinary profit.
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All segments beat initial H1 forecasts, with record first-half ordinary profit and strong stock-type growth. FY2028 targets include JPY 135.0 billion net sales, JPY 27.0 billion ordinary profit, and ROE above 14%.
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Q1 net sales and profit rose YoY, with progress at 23.4% of full-year sales and 25.7% of ordinary income targets. Stock-type businesses posted record highs, while the three-year plan prioritizes office, hotel and stock-business growth.