Sun Frontier Fudousan Co., Ltd.

Sun Frontier Fudousan announced its first-quarter results for the fiscal year ending March 2027. Revenue rose 9.6% year-on-year to 29.937 billion yen, operating profit increased 6.7% to 6.425 billion yen, and ordinary profit grew 1.9% to 5.895 billion yen. Net profit attributable to parent company shareholders edged down 0.9% to 3.943 billion yen. In the real estate revitalization business, revenue climbed 4.5% to 18.656 billion yen and segment profit advanced 8.4% to 5.088 billion yen, helped by a higher number of property sales in the replanning business and an increase in the number of buildings held in the rental building business. The real estate services business saw revenue slip 0.6% to 4.261 billion yen and segment profit decline 2.0% to 2.261 billion yen, though the property management business posted higher revenue and profit as the number of buildings under management rose to 563. The hotel and tourism business recorded a 19.2% jump in revenue to 5.48 billion yen and a 5.6% rise in segment profit to 1.171 billion yen. Other businesses, boosted by the M&A of a construction subsidiary, saw revenue surge 141.6% to 1.828 billion yen and segment profit leap 141.8% to 466 million yen. Full-year forecasts were left unchanged, with revenue projected at 130 billion yen, operating profit at 28.15 billion yen, ordinary profit at 26 billion yen, and net profit attributable to parent company shareholders at 17.4 billion yen.