robot home Inc. (1435): FY2025 Results Summary — Net Sales Up 82.9% as Deliveries Reach 116 Buildings

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robot home Inc. (TSE: 1435) reported consolidated net sales of ¥24,068 million for FY2025, up 82.9% year on year, and consolidated operating profit of ¥1,766 million, up 69.2% year on year. Profit attributable to owners of parent came to ¥1,989 million, up 118.0% year on year. The results exceeded the company’s initial plan on every line, with growth driven by the delivery of 63 buildings plus advance land settlement for 52 properties scheduled for completion in 2026 in the flow income domain, alongside the accumulation of properties under management in the recurring income domain.

Consolidated Results (Full-Year Actual)

Net sales rose 82.9% year on year to ¥24,068 million and gross profit rose 27.4% to ¥5,646 million, while selling, general and administrative expenses increased 14.5% to ¥3,880 million. Operating profit was ¥1,766 million (up 69.2%), ordinary profit ¥1,787 million (up 75.5%), and profit attributable to owners of parent ¥1,989 million (up 118.0%). On a fourth-quarter basis, net sales were ¥13,141 million (up 152.6% year on year) and operating profit ¥1,456 million (up 332.1%); the company notes that profit still increased on normal figures excluding the 291 million yen effect of the reversal of provision for loss on guarantees. (Unit: million yen)

Item	FY2024	FY2025	YoY Change (%)
Net sales	13,157	24,068	82.9%
AI/IoT business	714	936	31.1%
robot home business	12,469	23,161	85.8%
Gross profit	4,432	5,646	27.4%
Selling, general and administrative expenses	3,388	3,880	14.5%
Operating profit	1,043	1,766	69.2%
Ordinary profit	1,018	1,787	75.5%
Profit attributable to owners of parent	912	1,989	118.0%

Against the initial FY2025 plan, net sales of ¥24,068 million reached an achievement rate of 100.3% (plan: ¥24,000 million), operating profit of ¥1,766 million reached 126.1% (plan: ¥1,400 million), ordinary profit of ¥1,787 million reached 132.4% (plan: ¥1,350 million), and profit attributable to owners of parent of ¥1,989 million reached 180.9% (plan: ¥1,100 million). The company attributes the outperformance to the number of developed buildings reaching 116 and to the advance completion within the year of land delivery for 52 buildings scheduled for completion in 2026; profit attributable to owners of parent also exceeded the initial plan as income taxes – deferred decreased due to the recording of deferred tax assets. Excluding the 291 million yen effect of the reversal of provision for loss on guarantees, profit reached 1,474 million yen, still exceeding the target.

On the balance sheet, total assets stood at ¥15,925 million (up ¥2,692 million year on year) and net assets at ¥11,167 million (up ¥1,856 million). Cash and deposits were ¥7,505 million and inventories ¥1,667 million (down ¥1,087 million), while interest-bearing debt was ¥1,322 million. The company describes this as effectively debt-free management with an equity ratio of 70.1%.

Segment Results

The AI/IoT business posted net sales of ¥936 million (up 31.1% year on year) and operating profit of ¥436 million (up 66.1%), for an operating profit margin of 46.6%. The robot home business posted net sales of ¥23,161 million (up 85.8%), with flow income of ¥20,151 million (up 109.2%) and recurring income of ¥3,010 million (up 6.1%). Excluding one-time special factors — the sale of large-scale inventories in FY2024 and the reversal of provision for loss on guarantees in FY2025 — robot home business operating profit increased 73.2% year on year on a normal-figure basis (¥1,751 million to ¥3,033 million). (Unit: million yen)

Segment / Item	FY2024	FY2025	YoY Change (%)
AI/IoT business — Net sales	714	936	31.1%
AI/IoT business — Gross profit	500	634	26.7%
AI/IoT business — Operating profit	262	436	66.1%
robot home business — Net sales	12,469	23,161	85.8%
robot home business — Flow income	9,632	20,151	109.2%
robot home business — Recurring income	2,836	3,010	6.1%
robot home business — Gross profit	3,943	5,042	27.9%
robot home business — Ordinary profit (per P.36)	2,410	3,325	37.9%

Business KPIs as of December 31, 2025 were as follows. In the AI/IoT business, the number of units with IoT installed reached 12,861 (10,998 properties owned by the Group and 1,863 owned by other companies) and the cumulative number of client companies of the DX support services reached 60. In the robot home business, managed properties totalled 28,311 units with an overall occupancy rate of 98.1%, the number of property owners was 2,327, the number of real estate delivered during the fiscal year was 116 units, and the number of real estate intermediated was 256 units.

FY2026 Forecast

For FY2026 the company forecasts net sales of ¥35,000 million (up 45.4% year on year) and operating profit of ¥2,400 million (up 35.9%), expecting top-line growth and a continued increase in the recurring income domain. (Unit: million yen)

Item	FY2025 (Result)	FY2026 (Forecast)	YoY Change (%)
Net sales	24,068	35,000	45.4%
Operating profit	1,766	2,400	35.9%
Ordinary profit	1,787	2,200	23.1%
Profit attributable to owners of parent	1,989	2,000	0.5%

Shareholder Returns

The presentation materials do not contain a dividend or shareholder return policy. This cannot be confirmed from the materials.

Medium-Term Management Plan: robot home Next 2028

Under the “robot home Next 2028” medium-term management plan, the company targets consolidated net sales of ¥60,000 million (CAGR +35.5%) and consolidated operating profit of ¥4,100 million (CAGR +32.4%) for FY2028, with the number of buildings developed rising to 310 (+194) and the number of units under management to 35,300 (+6,989). CAGR refers to the annual average growth rate from FY2025 through FY2028. The company states it is making steady progress under the Medium-Term Management Policy announced on February 14, 2024, and has revised the targets for the number of buildings developed upward for FY2026 onward, with the target set at 310 for FY2028.

Metric	FY2025 (Result)	FY2028 (Target)	Change / CAGR
Consolidated net sales (million yen)	24,068	60,000	CAGR +35.5%
Consolidated operating profit (million yen)	1,766	4,100	CAGR +32.4%
Number of buildings developed	116	310	+194
Number of units under management	28,311	35,300	+6,989

This article is an analysis based on publicly available information and is not a recommendation to buy or sell any specific securities. Investment decisions are your own responsibility.