Annual report

Period2022-12-01 → 2023-11-30
Filed2024-02-28
StandardIFRS
ConsolidatedYes
Data checks19 of 19 passed
Key figures · 154
MetricValuePeriodScopeSource row
Revenue¥79.4bn2022-12-01 → 2023-11-30Cons.Revenue IFRS (5-year summary)
Revenue¥71.0bn2021-12-01 → 2022-11-30Cons.Revenue IFRS (5-year summary)
Revenue¥61.7bn2020-12-01 → 2021-11-30dCons.Revenue IFRS (5-year summary)
Revenue¥63.9bn2019-12-01 → 2020-11-30dCons.Revenue IFRS (5-year summary)
Revenue¥60.7bn2018-12-01 → 2019-11-30dCons.Revenue IFRS (5-year summary)
Operating income¥16.3bn2022-12-01 → 2023-11-30Cons.Operating profit loss IFRS
Operating income¥13.5bn2021-12-01 → 2022-11-30Cons.Operating profit loss IFRS
Profit before tax¥15.3bn2022-12-01 → 2023-11-30Cons.Profit loss before tax IFRS
Profit before tax¥12.8bn2021-12-01 → 2022-11-30Cons.Profit loss before tax IFRS
Profit before tax¥10.3bn2020-12-01 → 2021-11-30dCons.Profit loss before tax IFRS (5-year summary)
Profit before tax¥5.9bn2019-12-01 → 2020-11-30dCons.Profit loss before tax IFRS (5-year summary)
Profit before tax¥12.1bn2018-12-01 → 2019-11-30dCons.Profit loss before tax IFRS (5-year summary)
Net income (owners)¥10.5bn2022-12-01 → 2023-11-30Cons.Profit loss attributable to owners of parent IFRS
Net income (owners)¥8.6bn2021-12-01 → 2022-11-30Cons.Profit loss attributable to owners of parent IFRS
Net income (owners)¥6.7bn2020-12-01 → 2021-11-30dCons.Profit loss attributable to owners of parent IFRS (5-year summary)
Net income (owners)¥3.6bn2019-12-01 → 2020-11-30dCons.Profit loss attributable to owners of parent IFRS (5-year summary)
Net income (owners)¥8.4bn2018-12-01 → 2019-11-30dCons.Profit loss attributable to owners of parent IFRS (5-year summary)
Net income¥10.5bn2022-12-01 → 2023-11-30Cons.Profit loss IFRS
Net income¥8.6bn2021-12-01 → 2022-11-30Cons.Profit loss IFRS
Total assets¥245.3bnat 2023-11-30Cons.Assets IFRS
Total assets¥211.0bnat 2022-11-30Cons.Assets IFRS
Total assets¥195.0bnat 2021-11-30dCons.Total assets IFRS (5-year summary)
Total assets¥161.7bnat 2020-11-30dCons.Total assets IFRS (5-year summary)
Total assets¥161.9bnat 2019-11-30dCons.Total assets IFRS (5-year summary)
Total liabilities¥163.0bnat 2023-11-30Cons.Liabilities IFRS
Total liabilities¥138.7bnat 2022-11-30Cons.Liabilities IFRS
Net assets / equity¥82.3bnat 2023-11-30Cons.Equity IFRS
Net assets / equity¥72.3bnat 2022-11-30Cons.Equity IFRS
Net assets / equity¥66.0bnat 2021-11-30dCons.Equity IFRS
Equity (owners)¥82.0bnat 2023-11-30Cons.Equity attributable to owners of parent IFRS
Equity (owners)¥72.3bnat 2022-11-30Cons.Equity attributable to owners of parent IFRS
Cash & equivalents¥39.2bnat 2023-11-30Cons.Cash and cash equivalents IFRS
Cash & equivalents¥31.8bnat 2022-11-30Cons.Cash and cash equivalents IFRS
Cash & equivalents¥33.6bnat 2021-11-30dCons.Cash and cash equivalents IFRS
Cash & equivalents¥37.0bnat 2020-11-30dCons.Cash and cash equivalents IFRS (5-year summary)
Cash & equivalents¥32.0bnat 2019-11-30dCons.Cash and cash equivalents IFRS (5-year summary)
Operating cash flow¥5.7bn2022-12-01 → 2023-11-30Cons.Net cash provided by used in operating activities IFRS
Operating cash flow−¥197m2021-12-01 → 2022-11-30Cons.Net cash provided by used in operating activities IFRS
Operating cash flow¥975m2020-12-01 → 2021-11-30dCons.Cash flows from used in operating activities IFRS (5-year summary)
Operating cash flow¥12.5bn2019-12-01 → 2020-11-30dCons.Cash flows from used in operating activities IFRS (5-year summary)
Operating cash flow−¥3.8bn2018-12-01 → 2019-11-30dCons.Cash flows from used in operating activities IFRS (5-year summary)
Investing cash flow−¥16.1bn2022-12-01 → 2023-11-30Cons.Net cash provided by used in investing activities IFRS
Investing cash flow−¥9.1bn2021-12-01 → 2022-11-30Cons.Net cash provided by used in investing activities IFRS
Investing cash flow−¥15.4bn2020-12-01 → 2021-11-30dCons.Cash flows from used in investing activities IFRS (5-year summary)
Investing cash flow−¥4.1bn2019-12-01 → 2020-11-30dCons.Cash flows from used in investing activities IFRS (5-year summary)
Investing cash flow−¥2.1bn2018-12-01 → 2019-11-30dCons.Cash flows from used in investing activities IFRS (5-year summary)
Financing cash flow¥17.8bn2022-12-01 → 2023-11-30Cons.Net cash provided by used in financing activities IFRS
Financing cash flow¥7.5bn2021-12-01 → 2022-11-30Cons.Net cash provided by used in financing activities IFRS
Financing cash flow¥11.0bn2020-12-01 → 2021-11-30dCons.Cash flows from used in financing activities IFRS (5-year summary)
Financing cash flow−¥3.4bn2019-12-01 → 2020-11-30dCons.Cash flows from used in financing activities IFRS (5-year summary)
Financing cash flow¥11.4bn2018-12-01 → 2019-11-30dCons.Cash flows from used in financing activities IFRS (5-year summary)
EPS (basic)¥219.742022-12-01 → 2023-11-30Cons.Basic earnings loss per share IFRS
EPS (basic)¥181.662021-12-01 → 2022-11-30Cons.Basic earnings loss per share IFRS
EPS (basic)¥142.562020-12-01 → 2021-11-30dCons.Basic earnings loss per share IFRS (5-year summary)
EPS (basic)¥76.052019-12-01 → 2020-11-30dCons.Basic earnings loss per share IFRS (5-year summary)
EPS (basic)¥176.42018-12-01 → 2019-11-30dCons.Basic earnings loss per share IFRS (5-year summary)
EPS (diluted)¥219.322022-12-01 → 2023-11-30Cons.Diluted earnings loss per share IFRS
EPS (diluted)¥181.332021-12-01 → 2022-11-30Cons.Diluted earnings loss per share IFRS
EPS (diluted)¥142.372020-12-01 → 2021-11-30dCons.Diluted earnings loss per share IFRS (5-year summary)
EPS (diluted)¥75.942019-12-01 → 2020-11-30dCons.Diluted earnings loss per share IFRS (5-year summary)
EPS (diluted)¥175.832018-12-01 → 2019-11-30dCons.Diluted earnings loss per share IFRS (5-year summary)
Net assets per share¥1,695.98at 2023-11-30Cons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥1,529.65at 2022-11-30Cons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥1,380.36at 2021-11-30dCons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥1,250at 2020-11-30dCons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥1,225.27at 2019-11-30dCons.Equity to asset ratio IFRS (5-year summary)
Equity ratio33.4%at 2023-11-30Cons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio34.3%at 2022-11-30Cons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio33.8%at 2021-11-30dCons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio36.5%at 2020-11-30dCons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio36.0%at 2019-11-30dCons.Ratio of owners equity to gross assets IFRS (5-year summary)
ROE13.6%2022-12-01 → 2023-11-30Cons.Rate of return on equity IFRS (5-year summary)
ROE12.5%2021-12-01 → 2022-11-30Cons.Rate of return on equity IFRS (5-year summary)
ROE10.8%2020-12-01 → 2021-11-30dCons.Rate of return on equity IFRS (5-year summary)
ROE6.1%2019-12-01 → 2020-11-30dCons.Rate of return on equity IFRS (5-year summary)
ROE15.3%2018-12-01 → 2019-11-30dCons.Rate of return on equity IFRS (5-year summary)
Employees727at 2023-11-30Cons.Number of employees
Employees663at 2022-11-30Cons.Number of employees
Employees638at 2021-11-30dCons.Number of employees
Employees509at 2020-11-30dCons.Number of employees
Employees457at 2019-11-30dCons.Number of employees
Revenue¥46.5bn2022-12-01 → 2023-11-30StandaloneNet sales
Revenue¥43.1bn2021-12-01 → 2022-11-30StandaloneNet sales
Revenue¥47.5bn2020-12-01 → 2021-11-30dStandaloneNet sales (5-year summary)
Revenue¥52.0bn2019-12-01 → 2020-11-30dStandaloneNet sales (5-year summary)
Revenue¥48.9bn2018-12-01 → 2019-11-30dStandaloneNet sales (5-year summary)
Operating income¥7.8bn2022-12-01 → 2023-11-30StandaloneOperating income
Operating income¥7.2bn2021-12-01 → 2022-11-30StandaloneOperating income
Ordinary income¥10.9bn2022-12-01 → 2023-11-30StandaloneOrdinary income
Ordinary income¥10.7bn2021-12-01 → 2022-11-30StandaloneOrdinary income
Ordinary income¥9.7bn2020-12-01 → 2021-11-30dStandaloneOrdinary income loss (5-year summary)
Ordinary income¥3.4bn2019-12-01 → 2020-11-30dStandaloneOrdinary income loss (5-year summary)
Ordinary income¥9.8bn2018-12-01 → 2019-11-30dStandaloneOrdinary income loss (5-year summary)
Profit before tax¥10.9bn2022-12-01 → 2023-11-30StandaloneIncome before income taxes
Profit before tax¥10.9bn2021-12-01 → 2022-11-30StandaloneIncome before income taxes
Net income¥8.7bn2022-12-01 → 2023-11-30StandaloneProfit loss
Net income¥8.7bn2021-12-01 → 2022-11-30StandaloneProfit loss
Net income¥7.5bn2020-12-01 → 2021-11-30dStandaloneNet income loss (5-year summary)
Net income¥2.6bn2019-12-01 → 2020-11-30dStandaloneNet income loss (5-year summary)
Net income¥7.3bn2018-12-01 → 2019-11-30dStandaloneNet income loss (5-year summary)
Total assets¥217.5bnat 2023-11-30StandaloneAssets
Total assets¥189.9bnat 2022-11-30StandaloneAssets
Total assets¥171.1bnat 2021-11-30dStandaloneTotal assets (5-year summary)
Total assets¥148.1bnat 2020-11-30dStandaloneTotal assets (5-year summary)
Total assets¥149.8bnat 2019-11-30dStandaloneTotal assets (5-year summary)
Total liabilities¥143.7bnat 2023-11-30StandaloneLiabilities
Total liabilities¥124.0bnat 2022-11-30StandaloneLiabilities
Net assets / equity¥73.8bnat 2023-11-30StandaloneNet assets
Net assets / equity¥65.9bnat 2022-11-30StandaloneNet assets
Net assets / equity¥59.5bnat 2021-11-30dStandaloneNet assets
Net assets / equity¥51.7bnat 2020-11-30dStandaloneNet assets (5-year summary)
Net assets / equity¥52.1bnat 2019-11-30dStandaloneNet assets (5-year summary)
Cash and deposits¥25.2bnat 2023-11-30StandaloneCash and deposits
Cash and deposits¥22.2bnat 2022-11-30StandaloneCash and deposits
EPS (basic)¥182.762022-12-01 → 2023-11-30StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥183.352021-12-01 → 2022-11-30StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥158.082020-12-01 → 2021-11-30dStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥54.772019-12-01 → 2020-11-30dStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥151.892018-12-01 → 2019-11-30dStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥182.412022-12-01 → 2023-11-30StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥183.022021-12-01 → 2022-11-30StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥157.862020-12-01 → 2021-11-30dStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥54.72019-12-01 → 2020-11-30dStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥151.42018-12-01 → 2019-11-30dStandaloneDiluted earnings per share (5-year summary)
Dividend per share¥662022-12-01 → 2023-11-30StandaloneDividend paid per share (5-year summary)
Dividend per share¥512021-12-01 → 2022-11-30StandaloneDividend paid per share (5-year summary)
Dividend per share¥382020-12-01 → 2021-11-30dStandaloneDividend paid per share (5-year summary)
Dividend per share¥192019-12-01 → 2020-11-30dStandaloneDividend paid per share (5-year summary)
Dividend per share¥422018-12-01 → 2019-11-30dStandaloneDividend paid per share (5-year summary)
Net assets per share¥1,525.81at 2023-11-30StandaloneNet assets per share (5-year summary)
Net assets per share¥1,393at 2022-11-30StandaloneNet assets per share (5-year summary)
Net assets per share¥1,243.27at 2021-11-30dStandaloneNet assets per share (5-year summary)
Net assets per share¥1,095.59at 2020-11-30dStandaloneNet assets per share (5-year summary)
Net assets per share¥1,093.35at 2019-11-30dStandaloneNet assets per share (5-year summary)
Equity ratio33.9%at 2023-11-30StandaloneEquity to asset ratio (5-year summary)
Equity ratio34.7%at 2022-11-30StandaloneEquity to asset ratio (5-year summary)
Equity ratio34.7%at 2021-11-30dStandaloneEquity to asset ratio (5-year summary)
Equity ratio34.9%at 2020-11-30dStandaloneEquity to asset ratio (5-year summary)
Equity ratio34.7%at 2019-11-30dStandaloneEquity to asset ratio (5-year summary)
ROE12.5%2022-12-01 → 2023-11-30StandaloneRate of return on equity (5-year summary)
ROE13.9%2021-12-01 → 2022-11-30StandaloneRate of return on equity (5-year summary)
ROE13.4%2020-12-01 → 2021-11-30dStandaloneRate of return on equity (5-year summary)
ROE5.0%2019-12-01 → 2020-11-30dStandaloneRate of return on equity (5-year summary)
ROE14.7%2018-12-01 → 2019-11-30dStandaloneRate of return on equity (5-year summary)
Shares issued48,683,800at 2023-11-30StandaloneTotal number of issued shares (5-year summary)
Shares issued48,683,800at 2022-11-30StandaloneTotal number of issued shares (5-year summary)
Shares issued48,683,800at 2021-11-30dStandaloneTotal number of issued shares (5-year summary)
Shares issued48,683,800at 2020-11-30dStandaloneTotal number of issued shares (5-year summary)
Shares issued48,595,300at 2019-11-30dStandaloneTotal number of issued shares (5-year summary)
Employees268at 2023-11-30StandaloneNumber of employees
Employees244at 2022-11-30StandaloneNumber of employees
Employees215at 2021-11-30dStandaloneNumber of employees
Employees195at 2020-11-30dStandaloneNumber of employees
Employees191at 2019-11-30dStandaloneNumber of employees

Periods use the dates stated in the filing. d = earlier-year period dated by calendar; v = that date confirmed by the company's own earlier filing.

Segments · 25
SegmentItemPeriodValue
Reconciling Itemsreconcilingsegment profit2022-12-01 → 2023-11-30−¥3.3bn
Fund And Consulting Businessreportable segmentemployeesat 2023-11-30154 pure
Fund And Consulting Businessreportable segmentsegment profit2022-12-01 → 2023-11-30¥4.6bn
Hotelreportable segmentemployeesat 2023-11-3097 pure
Hotelreportable segmentsegment profit2022-12-01 → 2023-11-30¥991m
Real Estate Development Businessreportable segmentemployeesat 2023-11-3061 pure
Real Estate Development Businessreportable segmentsegment profit2022-12-01 → 2023-11-30¥1.0bn
Real Estate Leasing Businessreportable segmentemployeesat 2023-11-3027 pure
Real Estate Leasing Businessreportable segmentsegment profit2022-12-01 → 2023-11-30¥3.2bn
Real Estate Managementreportable segmentemployeesat 2023-11-30159 pure
Real Estate Managementreportable segmentsegment profit2022-12-01 → 2023-11-30¥814m
Revitalization Businessreportable segmentemployeesat 2023-11-30131 pure
Revitalization Businessreportable segmentsegment profit2022-12-01 → 2023-11-30¥8.9bn
Reconciling Itemsreconcilingsegment profit2021-12-01 → 2022-11-30−¥2.4bn
Fund And Consulting Businessreportable segmentsegment profit2021-12-01 → 2022-11-30¥3.2bn
Hotelreportable segmentsegment profit2021-12-01 → 2022-11-30−¥316m
Real Estate Development Businessreportable segmentsegment profit2021-12-01 → 2022-11-30¥3.0bn
Real Estate Leasing Businessreportable segmentsegment profit2021-12-01 → 2022-11-30¥3.0bn
Real Estate Managementreportable segmentsegment profit2021-12-01 → 2022-11-30¥879m
Revitalization Businessreportable segmentsegment profit2021-12-01 → 2022-11-30¥6.1bn
Fund And Consulting Businessreportable segmentemployeesat 2023-11-308 pure
Hotelreportable segmentemployeesat 2023-11-301 pure
Real Estate Development Businessreportable segmentemployeesat 2023-11-3061 pure
Real Estate Leasing Businessreportable segmentemployeesat 2023-11-3011 pure
Revitalization Businessreportable segmentemployeesat 2023-11-3089 pure

Segment names come from EDINET member IDs; not yet mapped to a common taxonomy.

All source rows · 1,527
ItemContextValueUnit
Number of shareholders financial institutionsCurrentYearInstant_OrdinaryShareMember21
Number of shareholders financial service providersCurrentYearInstant_OrdinaryShareMember22
Number of shareholders other corporationsCurrentYearInstant_OrdinaryShareMember219
Number of shareholders foreign investors other than individualsCurrentYearInstant_OrdinaryShareMember189
Number of shareholders foreign individual investorsCurrentYearInstant_OrdinaryShareMember41
Number of shareholders individuals and othersCurrentYearInstant_OrdinaryShareMember21680
Number of shareholders totalCurrentYearInstant_OrdinaryShareMember22172
Number of shares held number of units national and local governmentsCurrentYearInstant_OrdinaryShareMember-
Number of shares held number of units financial institutionsCurrentYearInstant_OrdinaryShareMember64314
Number of shares held number of units financial service providersCurrentYearInstant_OrdinaryShareMember12920
Number of shares held number of units other corporationsCurrentYearInstant_OrdinaryShareMember60642
Number of shares held number of units foreign investors other than individualsCurrentYearInstant_OrdinaryShareMember135267
Number of shares held number of units foreign individual investorsCurrentYearInstant_OrdinaryShareMember155
Number of shares held number of units individuals and othersCurrentYearInstant_OrdinaryShareMember213369
Number of shares held number of units totalCurrentYearInstant_OrdinaryShareMember486667
Number of shares held shares less than one unitCurrentYearInstant_OrdinaryShareMember17100
Percentage of shareholdings national and local governmentsCurrentYearInstant_OrdinaryShareMember-
Percentage of shareholdings financial institutionsCurrentYearInstant_OrdinaryShareMember0.1322
Percentage of shareholdings financial service providersCurrentYearInstant_OrdinaryShareMember0.0265
Percentage of shareholdings other corporationsCurrentYearInstant_OrdinaryShareMember0.1246
Percentage of shareholdings foreigners other than individualsCurrentYearInstant_OrdinaryShareMember0.2779
Percentage of shareholdings foreign individualsCurrentYearInstant_OrdinaryShareMember0.0003
Percentage of shareholdings individuals and othersCurrentYearInstant_OrdinaryShareMember0.4384
Number of shares heldCurrentYearInstant_No1MajorShareholdersMember12885500
Shareholding ratioCurrentYearInstant_No1MajorShareholdersMember0.2663
Number of shares heldCurrentYearInstant_No2MajorShareholdersMember6000000
Shareholding ratioCurrentYearInstant_No2MajorShareholdersMember0.1240
Number of shares heldCurrentYearInstant_No3MajorShareholdersMember4203000
Shareholding ratioCurrentYearInstant_No3MajorShareholdersMember0.0868
Number of shares heldCurrentYearInstant_No4MajorShareholdersMember1757902
Shareholding ratioCurrentYearInstant_No4MajorShareholdersMember0.0363
Number of shares heldCurrentYearInstant_No5MajorShareholdersMember1457200
Shareholding ratioCurrentYearInstant_No5MajorShareholdersMember0.0301
Number of shares heldCurrentYearInstant_No6MajorShareholdersMember1030000
Shareholding ratioCurrentYearInstant_No6MajorShareholdersMember0.0212
Number of shares heldCurrentYearInstant_No7MajorShareholdersMember1000000
Shareholding ratioCurrentYearInstant_No7MajorShareholdersMember0.0206
Number of shares heldCurrentYearInstant_No8MajorShareholdersMember804000
Shareholding ratioCurrentYearInstant_No8MajorShareholdersMember0.0166
Number of shares heldCurrentYearInstant_No9MajorShareholdersMember742800
Shareholding ratioCurrentYearInstant_No9MajorShareholdersMember0.0153
Number of shares heldCurrentYearInstant_No10MajorShareholdersMember639700
Shareholding ratioCurrentYearInstant_No10MajorShareholdersMember0.0132
Number of shares heldCurrentYearInstant30520102
Shareholding ratioCurrentYearInstant0.6308
Number of shares issued shares voting rightsCurrentYearInstant_SharesWithNoVotingRightsMember-
Number of shares issued shares voting rightsCurrentYearInstant_SharesWithRestrictedVotingRightsTreasurySharesEtcMember-
Number of shares issued shares voting rightsCurrentYearInstant_SharesWithRestrictedVotingRightsOtherMember-
Number of voting rights issued shares voting rightsCurrentYearInstant_SharesWithRestrictedVotingRightsOtherMember-
Number of shares issued shares voting rightsCurrentYearInstant_OrdinarySharesTreasurySharesSharesWithFullVotingRightsTreasurySharesEtcMember306700

Every row of the EDINET CSV. Item names are the XBRL element names; filed text is kept in its original Japanese. Filed text is available on Plus and Pro.

Data checks · 19 of 19 passed
balance sheet identityconsolidated 2022-11-30pass
balance sheet identityconsolidated 2023-11-30pass
balance sheet identitynon_consolidated 2022-11-30pass
balance sheet identitynon_consolidated 2023-11-30pass rounding
dei present pass
period resolution pass
statement vs summary · net assetsnon_consolidated 2021-11-30pass
statement vs summary · net assetsnon_consolidated 2022-11-30pass
statement vs summary · net assetsnon_consolidated 2023-11-30pass
statement vs summary · net income attributable to parentconsolidated 2021-12-01/2022-11-30pass
statement vs summary · net income attributable to parentconsolidated 2022-12-01/2023-11-30pass
statement vs summary · operating cash flowconsolidated 2021-12-01/2022-11-30pass
statement vs summary · operating cash flowconsolidated 2022-12-01/2023-11-30pass
statement vs summary · revenuenon_consolidated 2021-12-01/2022-11-30pass
statement vs summary · revenuenon_consolidated 2022-12-01/2023-11-30pass
statement vs summary · total assetsconsolidated 2022-11-30pass
statement vs summary · total assetsconsolidated 2023-11-30pass
statement vs summary · total assetsnon_consolidated 2022-11-30pass
statement vs summary · total assetsnon_consolidated 2023-11-30pass