The Japanese developer’s financial performance improved across all core metrics under local accounting standards. Operating profit reached 330 million yen, contrasting with the 143 million yen operating loss seen in the previous year's first quarter. Pretax profit followed this trajectory, climbing to 383 million yen compared to the 140 million yen loss reported in 2025.
In section Market Quotes
Land Co. Swings to Profit as Quarterly Revenue Triples
A surge in revenue to 626 million yen pushed Land Co. Ltd. into the black for the first quarter ending May 31, marking a sharp reversal from the losses recorded during the same period last year. The firm reported a net profit of 341 million yen, effectively pivoting from a 141 million yen deficit.
Shareholders saw earnings per share hit 0.22 yen, a significant recovery from the negative 0.09 yen per share recorded during the prior year’s comparable window. This rapid expansion in top-line results, which grew from 206 million yen to 626 million yen, highlights a period of intense activity for the Tokyo-listed company.
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