TOKYO, Apr 09 (Pulse News Wire) – Land CO.,LTD. (8918.T) reported lower profits for the fiscal year ended February 28, 2026, compared to the previous year.
Revenue decreased to ¥3.007 billion from ¥5.092 billion, while operating profit was ¥425 million from ¥142.3 million. Ordinary profit increased to ¥478 million from ¥324.3 million, and net profit attributable to parent shareholders rose to ¥444 million from ¥283.5 million. In its real estate division, the company sold development land and completed buyback resale projects, leading to revenue of ¥2.617 billion, down 48.3% percent from the prior year. In renewable energy, sales increased to ¥331 million due to income from battery storage projects and solar power generation, reversing last year's loss of ¥135 million.
Other businesses saw revenue rise to ¥58 million, up 457.3% percent, driven by newly established subsidiaries. For the next fiscal year ending February 28, 2027, LAND forecasts higher revenues and profitability, projecting sales of ¥5 billion, up 66.3% percent, with operating profit expected to reach ¥1.470 billion, up 245.3% percent. Net profit attributable to parent shareholders is forecast to increase to ¥1.350 billion, up 203.7% percent. Despite economic uncertainties, including rising interest rates and geopolitical risks, LAND remains optimistic about the growth potential in sustainable energy markets and plans to continue investing in high-margin projects.
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