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AVANTIA full-year net profit up 122.6% to ¥1.42 billion; sets ¥300 million buyback

Tue, Oct 13, 2026 15:30 JST AVANTIA (8904.T) Homebuilding 中文

AVANTIA (8904), a Nagoya-based homebuilder, said net profit attributable to owners of the parent rose 122.6% to ¥1.42 billion for the year ended Aug. 31, 2026, and announced a buyback of up to 350,000 shares worth up to ¥300 million.

Net profit attributable to owners of parent¥1.42 billion (+122.6%)
FY Aug. 2027 net profit forecast¥1.05 billion (-26.2%)
Buyback cap350,000 shares / ¥300 million
Buyback periodOct. 14, 2026-Jan. 29, 2027

AVANTIA, whose core business is detached housing, reported a 2.0% fall in consolidated sales to ¥67.89 billion. Operating profit rose 52.9% to ¥2.01 billion, and earnings per share were ¥98.31, compared with ¥44.39 a year earlier.

Item (¥ million)FY to Aug. 2026YoYFY to Aug. 2027 forecast
Sales67,888-2.0%75,000
Operating profit2,008+52.9%2,300
Ordinary profit1,715+49.7%1,800
Net profit1,423+122.6%1,050

For the year to August 2027, the company forecasts a 10.5% rise in sales and a 14.5% rise in operating profit, while net profit is projected to fall 26.2%, with EPS of ¥72.50. The annual dividend was unchanged at ¥38 a share (¥19 each at the second-quarter end and year-end), and the company plans the same for the year to August 2027, for a forecast payout ratio of 52.4% versus 38.7%.

The board also approved buying back up to 350,000 shares, or 2.41% of shares outstanding excluding treasury stock, for up to ¥300 million to improve capital efficiency. Purchases will be made through the ToSTNeT-3 off-auction system and on the market under a discretionary trading contract. The company held 383,256 treasury shares as of Aug. 31.

Separately, AVANTIA will absorb two wholly owned subsidiaries, a Shizuoka-based unit and Fukuoka-based Next-Life-Design. As a simplified and short-form merger, it requires no shareholder vote, and no new shares or cash will be issued. The company said the impact on earnings will be minor.

Next steps: Year-end dividend payments begin Nov. 11, 2026, and the annual shareholders' meeting is scheduled for Nov. 27. The merger is set to take effect Dec. 1, and the buyback runs until Jan. 29, 2027.


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