Clear ＜2998＞ announced consolidated financial results for the fiscal year ending 2024/3 on the 15th. Net sales increased 28.0% from the previous fiscal year to 21.04 billion yen, gross profit increased 61.4% to 35.62 billion yen, operating profit increased 79.1% to 980 million yen, ordinary profit increased 89.7% to 941 million yen, and net income attributable to parent company shareholders increased 92.6% to 647 million yen.
In the “CREAL” service, the company group provided real estate funds for single-building residences, co-living type residences, commercial facilities, logistics facilities, newly built nurseries, offices, hotels, and nursing homes online, mainly in the 23 wards of Tokyo, and by steadily expanding asset balances and asset types, the number of investor members was 60,000, and the cumulative investment amount exceeded 45 billion yen. The “CREAL PB” service increased the number of second-hand studio apartments sold. Also, in the “CREAL PRO” service, it was possible to increase fees and asset management fees by forming funds incorporating multiple domestic residences for overseas institutional investors following the previous fiscal year, and by brokering properties for wealthy investors. Meanwhile, along with business expansion, the expansion of personnel, including upfront investment, progressed, and labor costs increased significantly.
Regarding the consolidated earnings forecast for the full year ending 2025/3, we expect sales to increase 107.2% from the previous fiscal year to 43.60 billion yen, gross profit up 33.3% to 4.750 billion yen, operating profit up 37.7% to 1,350 billion yen, ordinary profit up 32.8% to 1,250 billion yen, and net income attributable to parent company shareholders to increase 31.3% to 850 million yen.