Company: Loadstar Capital K.K.
(Code: 3482 Tokyo Stock Exchange Prime Market）
Presentation Materials for Earnings Briefing FY2026Q2
1. Consolidated Statements of Income
|
Item |
FY2026 Q2 Results (Billions of yen) |
% of Net Sales |
% Y-o-Y |
% of Forecast |
|---|
|
Net Sales |
28.2 |
100.0% |
136.0% |
50.4% |
|
Gross Profit |
9.2 |
32.8% |
107.8% |
49.3% |
|
SG&A expenses |
1.3 |
4.9% |
130.5% |
48.7% |
|
Operating Profit |
7.8 |
27.9% |
104.5% |
49.4% |
|
Profit before income taxes |
6.7 |
24.0% |
102.2% |
50.1% |
|
Profit attributable to owners of the parent |
4.5 |
16.2% |
101.3% |
50.0% |
2. Consolidated Balance Sheet
|
Item |
Q2 FY2026 (Billions of yen) |
% of Total Asset |
% vs. Dec 31, 2025 |
FY2025 (Billions of yen) |
|---|
|
Current assets |
128.4 |
97.5% |
106.2% |
120.9 |
|
Cash and deposits |
15.8 |
12.0% |
108.8% |
14.5 |
|
Operating loans |
11.5 |
8.8% |
124.9% |
9.2 |
|
Real estate as inventory |
98.6 |
74.9% |
106.6% |
92.5 |
|
Liabilities |
95.5 |
72.5% |
104.8% |
91.1 |
|
Interest-bearing debt |
75.3 |
57.2% |
108.1% |
69.6 |
|
Deposits from tokumei kumiai (silent partnerships) |
12.1 |
9.3% |
109.5% |
11.1 |
|
Net Assets |
36.2 |
27.5% |
110.0% |
32.9 |
|
Total assets |
131.7 |
100.0% |
106.2% |
124.0 |
3. Topics of Q2
- Acquisition of M's CROSS Ningyocho
Loadstar acquired a relatively new property with outstanding visibility from Mitsubishi Estate Co., Ltd. The property benefits from an excellent location and convenient access to transportation, and Loadstar believes it will be an asset that supports its further growth.
The acquisition highlights investment demand for centrally located, relatively new properties.
- Implementation of a free allotment of shares resulting in an effective dividend increase
With the aim of enhancing the liquidity of Loadstar’s shares and returning value to shareholders through the effective utilization of treasury shares, a free allotment of 0.2 shares per share was carried out on July 1.
The dividend per share remains unchanged from the most recent dividend forecast (98 yen per share), representing an effective 20% increase in dividends.
- First project of OwnersBook+ made public in July
The real estate digital securities investment service “OwnersBook+” launched its first project under the new Loadstar Group structure in July.
Click HERE for the official website of “OwnersBook+”.
4. Real Estate Market Outlook
- Office supply and demand is tightening, accelerating rent increases. Investor appetite remains strong, and the real estate market is expected to remain solid.
- While the interest rate outlook remains uncertain, Interest rate swap contracts also hedge a certain portion of the interest rate risk.
- Supported by inflation, growth in rents and property values has exceeded the impact of rising interest rates, contributing positively to our business performance.
- Going forward, we will continue to actively acquire properties, with a focus on office assets, while steadily increasing AUM in our asset management business.
(For the complete Presentation Materials for Earnings Briefing , please refer to the PDF below.)
■Inquiries:
Investor Relations Department, Loadstar Capital K.K.
E-mail：ir@loadstarcapital.com