Lead Real Estate Co., Ltd (Nasdaq: LRE), an SEC filer in Operative Builders, closed at $1.30, +2.8%, on 2026-08-28. Institutional ownership, earnings history and filed financials are on the tabs below.
| Market Cap | — | |
| Enterprise Value | — | |
| Revenue | JPY 18.84B | −0.6% |
| Gross Profit | — | — |
| EBITDA | JPY 1.59B | +58.3% |
| Net Income | JPY 846.8M | +35.1% |
| Diluted EPS | JPY 62.07 | +32.3% |
| Free Cash Flow | JPY 791.3M | — |
Bars are the value as filed for every stored fiscal year (oldest → newest, the latest bar solid); a year the store has no value for is left EMPTY. Free cash flow is operating cash flow less capital expenditures for the same year — the only figure here computed from two lines, and a year missing either one is a gap. The 3y/5y/10y CAGRs are the analytics core’s own (positive-base only); no rate is recomputed on this strip, and no rate is shown for a series the core doesn’t publish one for. Diluted EPS is drawn on ONE share basis: as-filed per-share figures from before a split are stated on the old basis, so where the implied share count breaks (net income ÷ EPS, ±1.45× band — the same acceptance band the API’s own classifier uses) the earlier bars are left undrawn and any CAGR horizon reaching past the break is suppressed rather than shown as a rate across two different bases.
Every bar is a figure as filed. Anything a filed line doesn’t explain is drawn as a residual, never absorbed into a neighbouring step.
This filer skips: gross profit.
Reconciliation.
| Step | Applied | Running level | % of revenue | 2024 |
|---|---|---|---|---|
| Revenue · reported | JPY 18.84B | JPY 18.84B | 100.0% | JPY 18.95B |
| SG&A | -JPY 2.25B | JPY 16.59B | −12.0% | JPY 2.05B |
| Other (residual) · residual | -JPY 15.11B | JPY 1.47B | −80.2% | — |
| Operating income · reported | JPY 1.47B | JPY 1.47B | 7.8% | JPY 898.6M |
| Interest expense | -JPY 44.5M | JPY 1.43B | −0.2% | JPY 18.3M |
| Other non-operating | -JPY 35.9M | JPY 1.39B | −0.2% | JPY 73.8M |
| Pretax income · reported | JPY 1.39B | JPY 1.39B | 7.4% | JPY 954.0M |
| Income tax | -JPY 548.3M | JPY 846.2M | −2.9% | JPY 327.9M |
| Minority interest | -JPY 559,000 | JPY 845.7M | −0.0% | JPY 789,000 |
| Other (residual) · residual | JPY 1.1M | JPY 846.8M | 0.0% | — |
| Net income · reported | JPY 846.8M | JPY 846.8M | 4.5% | JPY 627.0M |
Filed cash-flow lines, summed over the years below.
The remainder is not free cash flow — it absorbs securities, debt movement, other financing and FX.
Partial legs understate: Dividends 2/5y, Stock issued 3/5y.
| Fiscal year | Operating Cash Flow | Capex | Acquisitions | Dividends | Buybacks | Debt issued | Debt repaid |
|---|---|---|---|---|---|---|---|
| 2021 | -JPY 244.7M | JPY 170.2M | — | — | — | — | — |
| 2022 | -JPY 2.60B | JPY 204.0M | — | — | — | — | — |
| 2023 | -JPY 919.6M | JPY 1.25B | — | — | — | — | — |
| 2024 | JPY 1.57B | JPY 2.22B | — | JPY 25.0M | — | — | — |
| 2025 | JPY 3.31B | JPY 2.52B | — | JPY 40.9M | — | — | — |
Blank = not reported that year.
| DPS (FY2025) | $3.00derived |
| Trailing yield | 231.66% |
| Payout ratio | 4.8% |
| Growth streak | 1 yr |
| 5y DPS growth | — |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-06-30 | $3.00 | +60.3% | derived (paid ÷ diluted shares) |
| FY20242024-06-30 | $1.87 | — | derived (paid ÷ diluted shares) |
| Ex-date | Amount | Pay date | Freq | Source |
|---|---|---|---|---|
| 2025-06-30 | $0.0700 | 2025-10-10 | ir | licensed |
| 2025-06-26 | $0.0445 | — | annual | licensed |
| 2024-06-28 | $0.0164 | — | annual | licensed |
None of the three composites is computable for this filer — each needs two consecutive fiscal years of specific lines (COGS, PP&E, receivables), which many financials and asset-light names legitimately never tag. The trend below is what the store does serve.
| Quality trend | 2025 | Δ vs 2020 | Trend · 6y | vs own | vs sector |
|---|---|---|---|---|---|
| Operating Margin | 7.8% | — | p90 | p56 | |
| Net Margin | 4.5% | — | p90 | p51 | |
| Return on Equity | 18.2% | — | p30 | p73 |
Three scores, kept separate. They are not averaged into one “quality” number. They point in different directions (F is a 0–9 count, higher-better; Z is a distress distance, higher-safer; M is a manipulation screen, lower-cleaner) and were fitted on different samples for different questions — a blended figure would be ours, not theirs, and would hide exactly the disagreement that is worth reading.
Sector context. The percentile columns on the trend rows are the ones this payload serves: “vs own” ranks the latest value inside this company’s own served history, “vs sector” inside its sector pool. A blank sector cell means the pool was too thin to rank honestly (or the metric is a currency level, where a cross-currency rank would be meaningless). The three SCORES carry no sector percentile: the payload’s percentile block covers the served ratios only, so “is this Z good for Industrials?” is a question we cannot answer from what is served, and we don’t pretend to.
Latest vintage only. A 12-year F-Score / Z-Score strip is not drawn. The point-in-time factor store carries valuation, returns, margin, momentum and growth factors — not these composites — and recomputing them here from the annual columns would produce a series that disagrees with the headline above (different vintage of facts, different restatement handling). A score that disagrees with itself is a wrong number, so the history is omitted rather than approximated.
The nine named F-Score checks, the Merton distance-to-default / default probability, ROIIC and the growth-durability CAGRs live on FS · Financial Strength; the full ratio grid — every served ratio, with its own trend and both percentiles — is the Ratios section below.
Drivers multiply to 18.3% vs reported ROE 18.2%.
| Line | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|
| Revenue | JPY 11.26B | JPY 14.69B | JPY 17.42B | JPY 18.95B | JPY 18.84B |
| YoY % | +30.5% | +18.6% | +8.8% | -0.6% | |
| SG&A Expense | JPY 1.03B | JPY 1.70B | JPY 1.82B | JPY 2.05B | JPY 2.25B |
| YoY % | +64.9% | +6.7% | +12.8% | +9.9% | |
| Total Operating Expenses | JPY 10.80B | JPY 13.80B | JPY 16.48B | JPY 18.05B | JPY 17.37B |
| YoY % | +27.8% | +19.4% | +9.6% | -3.8% | |
| Operating Income | JPY 453.6M | JPY 887.1M | JPY 939.3M | JPY 898.6M | JPY 1.47B |
| YoY % | +95.5% | +5.9% | -4.3% | +64.1% | |
| Interest Expense | — | JPY 23.3M | JPY 16.7M | JPY 18.3M | JPY 44.5M |
| YoY % | -28.3% | +9.3% | +143.6% | ||
| Other Non-Operating Income | -JPY 9.8M | -JPY 25.6M | JPY 6.3M | JPY 73.8M | -JPY 35.9M |
| YoY % | +1076.8% | ||||
| Impairment of Real Estate | — | JPY 0 | JPY 0 | JPY 0 | JPY 6.0M |
| Pretax Income | JPY 387.2M | JPY 838.2M | JPY 928.8M | JPY 954.0M | JPY 1.39B |
| YoY % | +116.5% | +10.8% | +2.7% | +46.2% | |
| Income Tax | JPY 134.9M | JPY 286.9M | JPY 317.4M | JPY 327.9M | JPY 548.3M |
| YoY % | +112.7% | +10.6% | +3.3% | +67.2% | |
| Net Income (incl. NCI) | JPY 252.4M | JPY 551.3M | JPY 611.4M | JPY 626.2M | JPY 846.2M |
| YoY % | +118.4% | +10.9% | +2.4% | +35.1% | |
| Minority Interest (P&L) | -JPY 27.1M | -JPY 370,000 | -JPY 524,000 | -JPY 789,000 | -JPY 559,000 |
| Net Income | JPY 279.5M | JPY 551.6M | JPY 611.9M | JPY 627.0M | JPY 846.8M |
| YoY % | +97.4% | +10.9% | +2.5% | +35.1% | |
| EPS (Basic) | JPY 22.30 | JPY 44.15 | JPY 48.96 | JPY 46.93 | JPY 62.07 |
| YoY % | +98.0% | +10.9% | -4.1% | +32.3% | |
| EPS (Diluted) | JPY 22.30 | JPY 44.15 | JPY 48.96 | JPY 46.93 | JPY 62.07 |
| YoY % | +98.0% | +10.9% | -4.1% | +32.3% | |
| Weighted Avg Shares (Basic) | 12.5M | 12.5M | 12.5M | 13.4M | 13.6M |
| YoY % | +0.1% | +0.0% | +6.9% | +2.1% | |
| Weighted Avg Shares (Diluted) | 12.5M | 12.5M | 12.5M | 13.4M | 13.6M |
| YoY % | +0.1% | +0.0% | +6.9% | +2.1% |
Sector is SIC-based, not GICS. A blank cell means the figure wasn't filed.
