Housecom <3275> announced its consolidated financial results for the second quarter of the fiscal year ending in March 2025 (April to September 24). Operating income increased by 5.4% to 6.581 billion yen compared to the same period last year, operating loss was 0.113 billion yen (compared to a loss of 0.16 billion yen in the same period last year), ordinary loss was 0.086 billion yen (compared to a loss of 0.156 billion yen), and the interim net loss attributable to parent company shareholders was 0.09 billion yen (compared to a loss of 0.121 billion yen).

Revenue from real estate-related businesses increased by 2.0% to 5.6 billion yen compared to the same period last year, and operating profit increased by 12.8% to 0.861 billion yen. Due to the stable number of brokerage transactions and a slight increase in brokerage unit price during the interim consolidation period, revenue and operating profit of real estate-related businesses showed a solid performance. Out of the planned 5 new stores in this fiscal year, 4 stores including Kanayama, Toride, Nishinomiya, and Juso were opened during the interim consolidation period and began contributing to revenue. The remaining store, Oimachi, is also in preparation aiming for opening within the fiscal year. Furthermore, Seer Inc., which acquired real estate franchise brand "Classmo" in the Kansai region in June 2023 and became a wholly-owned subsidiary in November of the same year, has been contributing to revenue since July 2023.

Revenue from construction-related businesses increased by 35.3% to 1.022 billion yen, and operating profit increased by 30.3% to 0.12 billion yen. Among the consolidated subsidiary companies within the company group with March accounting as the basis, the accounting period of S.K.Build Building Materials, the only company which had its fiscal year end in December, was changed. The company included the performance of S.K.Build Building Materials from January to June 2024 in the first quarter of this fiscal year, and the revenue and operating profit of construction-related businesses extended compared to the same period last year due to the order of large projects by the company.

Regarding the consolidated performance forecast for the full fiscal year ending in March 2025, operating revenue is expected to increase by 3.5% to 14.001 billion yen compared to the previous year, operating profit is expected to increase by 11.4% to 0.56 billion yen, ordinary profit is expected to increase by 8.6% to 0.744 billion yen, and net income attributable to parent company shareholders is expected to increase by 21.3% to 0.498 billion yen, consistent with the initial plan.

On the same day, it was decided to make Daikyo Setagawa <1878> the sole parent company by stock exchange and to make the company a wholly-owned subsidiary by stock exchange. The company and Daikyo Setagawa have signed a stock exchange contract. Based on the condition of this stock exchange, the dividend forecast for the fiscal year ending in March 2025, previously announced on July 31, 2024, has been revised not to pay year-end dividends for the fiscal year ending in March 2025 and to abolish the shareholder benefits system at the end of March 2025. The handling of shareholder benefit points of the Housecom Premium Benefit Club previously awarded to shareholders after the stock exchange is completed will be notified to shareholders once the handling policy is determined.