&Do Holdings Co.Ltd.

&Do Holdings Co.Ltd.

TTSE:3457
803.00
JPY
-4.00
(-0.50%)
21.13BMarket Cap
Nov 13Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
966.71
1,002.67
1,028.95
993.5
1,318.55
1,625.5
1,688.64
2,000.83
2,116.47
2,532.58
3,404.2
3,286.46
- -
Basic EPS, GAAP
11.3
24.3
44.15
43.51
74.93
103.38
52.94
82.87
99.96
112.19
124.73
118.85
- -
Free Cash Flow per Basic Share
41.66
-56.59
-139.45
-292.78
-111.7
101.6
-250.25
-103.98
-416.34
-949.41
331.91
324.61
- -
Dividend per Share
- -
- -
1.75
7.99
9.95
22.39
36.87
18.95
29.96
36.08
39.39
43.41
- -
Book Value per Share
- -
85.75
127.99
163.51
499.64
579.53
594.07
658.49
707.92
786.62
866.51
925.88
883.24
Tangible Book Value per Share
- -
81.23
123.7
160.18
494.68
573.27
548.02
607.82
637.8
711.24
792.37
856.99
819.74
Basic Weighted Avg Shares
14
15
17
17
17
19
19
20
20
20
20
20
20
Sales/Revenue/Turnover
13,310
14,573
17,276
16,848
22,518
31,546
32,879
39,038
41,395
49,552
67,579
64,735
- -
Operating Margin (%)
2.08
4.23
7.39
7.41
9.4
10.01
5.76
6.63
6.94
6.41
5.31
4.05
- -
Depreciation Expense
152
119
155
228
329
447
508
552
789
971
1,019
969
- -
Net Income, GAAP
156
353
741
738
1,280
2,006
1,031
1,617
1,955
2,195
2,476
2,341
- -
Effective Tax Rate (%)
- -
31.05
37.4
32.79
32.79
29.71
36.56
34.3
33.11
33.67
32.83
35.95
- -
Profit Margin (%)
1.17
2.42
4.29
4.38
5.68
6.36
3.13
4.14
4.72
4.43
3.66
3.62
- -
Working Capital
- -
1,224
1,391
2,141
6,278
9,910
20,073
18,411
14,068
25,024
27,929
23,407
20,677
LT Debt
- -
2,077
3,843
6,030
8,358
8,167
19,461
21,765
27,307
32,427
28,845
21,151
18,543
Total Equity
- -
1,439
2,169
2,779
9,686
11,264
11,579
12,877
13,850
15,393
17,249
18,453
17,637
Return on Invested Capital (%)
- -
- -
9.42
6.02
6.6
7.24
2.83
3.35
3.44
3.09
3.2
2.38
- -
Return on Capital (%)
- -
- -
10.1
6.3
6.66
7.15
2.84
3.59
3.97
3.75
3.98
4.12
- -
Return on Common Equity (%)
- -
- -
41.09
29.82
20.53
19.15
9.02
13.22
14.63
15.01
15.17
13.11
- -

Capital Structure

JPY

•

in mil. unless spec.
Jun'24
Dec'25
Dec'26
ST Debt
26,078
26,287
27,939
LT Borrowings
28,841
24,637
18,541
LT Finance Leases
4
2
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
20
20
20
Market Capitalization
21,140
24,146
21,127

Working Capital

JPY

•

in mil. unless spec.
Jun'24
Dec'25
Dec'26
Total Current Assets
60,217
58,348
52,598
Cash, Cash Equivalents & STI
10,092
8,190
9,617
Accounts Receivable, Net
116
112
57
Inventories
46,690
47,033
40,082
Total Current Liabilities
32,288
31,555
31,921
Payables & Accruals
- -
- -
- -
ST Debt
26,078
26,287
27,939
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
39.54%
9.79%
6.98%
Free Cash Flow
-8.27%
46.54%
-2.96%
Net Income, GAAP
28.84%
19.48%
-5.45%
Sales/Revenue/Turnover
17.07%
15.33%
-4.21%
Total Cash Common Dividend
- -
10.12%
9.34%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
15,389
19,983
13,877
18,330
67,579
2025
- -
- -
- -
- -
64,735
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
28.31
42.47
4.52
49.38
124.73
2025
- -
- -
- -
- -
118.85
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
39.39
2025
- -
- -
- -
- -
43.41
2026
- -
- -
- -
- -
- -

Company Description

CEO
Masahiro Ando
Full Time Employees
525
Sector
Finance
Industry
Real estate development
Address
Marunouchi Trust Tower North Kyoto KY Japan 100-0005
IPO Date
Mar 25, 2015
Business
&Do Holdings Co., Ltd. (TSE: 3457) operates as a holding company in the Japanese real estate services industry, providing comprehensive one-stop housing solutions through its subsidiaries, including real estate brokerage; franchise operations for buying, selling, and leasing; house-leaseback arrangements; property management; real estate buying, selling, renovation, and new detached housing construction; finance services such as real estate secured loans and reverse mortgage guarantees; and investment and commercial real estate consulting. The company maintains a nationwide network of directly operated and franchised shops under the HOUSE DO brand, targeting individual and corporate customers seeking transparent property transactions, asset liquidation while retaining occupancy, value-added renovations tailored to lifestyles, and financing solutions leveraging real estate collateral. Founded in 1991 and established as a holding company in January 2009, &Do Holdings is headquartered at 17F, Marunouchi Trust Tower North, 1-8-1 Marunouchi, Chiyoda-ku, Tokyo, Japan, with additional offices in Kyoto and Osaka; it also has an equity-method affiliate, H-DO (THAILAND) Limited, focused on real estate buying, selling, and franchising in Thailand. Key subsidiaries encompass HOUSE DO Residential Sales Co., Ltd. for brokerage and franchisee activities; HOUSE DO JAPAN Co., Ltd. for buying, selling, and renovation; Financial Do Co., Ltd. for finance and consulting; HOUSE DO Sales Management Co., Ltd. for property management; and Keiyo Build Co., Ltd. for brokerage, rental, and management services. The company's operations emphasize synergies across segments, such as using brokerage networks for rapid property valuations and acquisitions that meet buyer needs, while promoting open information sharing for customer peace of mind in relocations and asset management. In recent developments, &Do Holdings announced a private placement in December 2024 to issue 1,053,000 common shares at ¥962 per share, raising gross proceeds of ¥1.013 billion primarily from new strategic investor Dai-ichi Life Holdings, Inc., with issuance occurring between January and September 2025 to fund operations and growth; this capital infusion followed board approval and positioned Dai-ichi Life as a key shareholder holding over 15% stake through capital and business alliance. The company transitioned to its current holding structure and name change from HOUSE DO Co., Ltd. in January 2022, enhancing focus on integrated fintech-real estate services amid stable revenue growth to ¥67.57 billion for the fiscal year ended June 30, 2024. No major acquisitions or new product launches were reported in the last two years, with emphasis instead on expanding franchise networks toward 1,000 shops nationwide and optimizing house-leaseback and renovation offerings.