AD Works Group Announces Q1 FY2026 Results: Operating Profit Progress Reaches 26%, Driven by Strong Building Renovation Sales
AD Works Group (TSE Prime: 2982) announced its Q1 FY2026 consolidated results on May 14, 2026. The domestic building renovation sales business performed strongly, pushing operating profit to 1.11 billion yen (26.0% of the full-year target). Pre-tax profit reached 2.43 billion yen (54.1% of target) due to extraordinary gains from subsidiary restructuring.
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- 📰 Published: May 18, 2026 at 20:30
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AD Works Group Co., Ltd. (TSE Prime: 2982; Location: Chiyoda-ku, Tokyo; Representative: President and CEO Hideo Tanaka; hereinafter "ADWG") announced its consolidated financial results for the first quarter of the fiscal year ending December 2026 on May 14, 2026.
### ■ Operating Profit Reaches 26.0% of Full-Year Plan / Pre-tax Profit at 54.1%
While the initial plan assumed a performance weight toward the second quarter and beyond, the building renovation sales business provided a strong tailwind. Operating profit reached 1.11 billion yen, achieving a progress rate of 26.0% against the full-year target.
Due to the recording of extraordinary gains from the absorption-type split of a subsidiary, pre-tax profit reached 2.43 billion yen, or 54.1% of the annual target.
### ■ Strong Performance in Domestic Building Renovation Sales
- Net Sales: 8.49 billion yen (140.9% year-on-year)
- Gross Profit: 1.70 billion yen (236.7% year-on-year)
Strategic business promotion focusing on capital rotation and improved profit margins contributed significantly to the healthy profit progress in Q1.
### ■ Gradual Restart of Real Estate Fractional Ownership Sales Channels
There are signs of a gradual resumption of customer referrals from financial institutions, which serve as the primary sales channel. Since the contribution to performance involves a time lag, the company maintains its assumption that performance will be weighted toward the second quarter and beyond.
In addition, progress in growth strategies—including the commencement of operations at utility-scale battery storage stations, new asset management mandates, and branding enhancements—is detailed in the supplementary earnings presentation materials.
Details of the Q1 FY2026 financial information can be viewed at the following URLs:
- Q1 FY2026 Consolidated Financial Results [Japanese GAAP]: https://contents.xj-storage.jp/xcontents/32500/49504f54/d743/43f9/8c77/bedfa4247c01/140120260514532773.pdf
- Q1 FY2026 Financial Results Presentation Materials: https://contents.xj-storage.jp/xcontents/32500/64ff02d1/4eb3/48d5/adf3/4a24a1bec75d/140120260514533011.pdf
### About AD Works Group Co., Ltd.
AD Works Group is an investment solution company centered on real estate, listed on the TSE Prime Market. Headquartered in Tokyo, the company operates domestically and internationally with bases in Osaka, Fukuoka, and Los Angeles.
The Group's origins date back to 1886. Guided by its "North Star" (purpose) and vision, the company provides a wide range of real estate investment products tailored to the diverse needs of both individual and corporate clients.
### ■ Operating Profit Reaches 26.0% of Full-Year Plan / Pre-tax Profit at 54.1%
While the initial plan assumed a performance weight toward the second quarter and beyond, the building renovation sales business provided a strong tailwind. Operating profit reached 1.11 billion yen, achieving a progress rate of 26.0% against the full-year target.
Due to the recording of extraordinary gains from the absorption-type split of a subsidiary, pre-tax profit reached 2.43 billion yen, or 54.1% of the annual target.
### ■ Strong Performance in Domestic Building Renovation Sales
- Net Sales: 8.49 billion yen (140.9% year-on-year)
- Gross Profit: 1.70 billion yen (236.7% year-on-year)
Strategic business promotion focusing on capital rotation and improved profit margins contributed significantly to the healthy profit progress in Q1.
### ■ Gradual Restart of Real Estate Fractional Ownership Sales Channels
There are signs of a gradual resumption of customer referrals from financial institutions, which serve as the primary sales channel. Since the contribution to performance involves a time lag, the company maintains its assumption that performance will be weighted toward the second quarter and beyond.
In addition, progress in growth strategies—including the commencement of operations at utility-scale battery storage stations, new asset management mandates, and branding enhancements—is detailed in the supplementary earnings presentation materials.
Details of the Q1 FY2026 financial information can be viewed at the following URLs:
- Q1 FY2026 Consolidated Financial Results [Japanese GAAP]: https://contents.xj-storage.jp/xcontents/32500/49504f54/d743/43f9/8c77/bedfa4247c01/140120260514532773.pdf
- Q1 FY2026 Financial Results Presentation Materials: https://contents.xj-storage.jp/xcontents/32500/64ff02d1/4eb3/48d5/adf3/4a24a1bec75d/140120260514533011.pdf
### About AD Works Group Co., Ltd.
AD Works Group is an investment solution company centered on real estate, listed on the TSE Prime Market. Headquartered in Tokyo, the company operates domestically and internationally with bases in Osaka, Fukuoka, and Los Angeles.
The Group's origins date back to 1886. Guided by its "North Star" (purpose) and vision, the company provides a wide range of real estate investment products tailored to the diverse needs of both individual and corporate clients.
FAQ
Where is the headquarters of AD Works Group?
The headquarters is located on the 5th floor of the Hibiya Kokusai Building, 2-2-3 Uchisaiwaicho, Chiyoda-ku, Tokyo.
Which stock market is AD Works Group listed on?
It is listed on the TSE Prime Market with the securities code 2982.
Does AD Works Group operate internationally?
Yes, it has business locations in Tokyo, Osaka, and Fukuoka in Japan, as well as in Los Angeles, USA.