Company Analysis

Lead Real Estate Co., Ltd (LRE)

Nasdaq: LRE · Operative Builders · Shibuya-Ku, Tokyo, JP · filing with the SEC since 2022
Grade4.0
◀ Past 4.2● Present 3.6▶ Future 4.3
1 est.

The grade of Lead Real Estate Co., Ltd

Nine metrics read from its own filings, by tense
Headline grade
4.0/10
◀ Past4.240% of the headline
● Present3.635% of the headline
▶ Future4.325% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

4.2/1040% of the headline grade · 3 of 3 filed

Surviving crises

as filed
5.0/10

Has it survived what it has been through?

1 warning event since 2022; the latest 2023-11-01.

weight 33% of this tense · 50th percentile among 18 sector filers · read for itself

From the record

Lead Real Estate Co., Ltd's filings since 2022 show 1 warning event: a late-report notice (Form NT 10-K or NT 10-Q, the latest 2023-11-01) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
4.5/10

What has it actually done, year after year?

+10.1% a year over 6 filed years; profitable in 6 of 6.

weight 45% of this tense · 45th percentile among 17 sector filers · read for its customers

From the record

Lead Real Estate Co., Ltd's 6 filed years say what it did: revenue went from JPY 11 billion in fiscal 2021 to JPY 18 billion in fiscal 2026, up 10.1% a year; it rose in 3 of 5 years; the deepest fall was 4% from fiscal 2024 to fiscal 2026; net income was positive in 6 of 6 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span10.1%top 50% of its family
  • the share of years revenue rosebottom 21% of its family
  • the share of filed years with a profittop 41% of its family
  • the deepest fall from a revenue peak4.1%top 50% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
2.5/10

How has it treated the people who own it?

Share count grew 3.0% a year. 45% of cash flow returned. Insiders: 0 sales, 0 purchases.

weight 22% of this tense · 25th percentile among 18 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2026-06-30, Lead Real Estate Co., Ltd's diluted share count grew about 3.0% a year, and dividends and buybacks returned about 45% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 8% of its family
  • cash returned against operating cash flowbottom 42% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

3.6/1035% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
2.5/10

Is it financially healthy right now?

ROE 12%: 12¢ of profit per shareholder dollar. Leverage 80%: owes 80¢ per asset dollar.

weight 33% of this tense · 25th percentile among 18 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2026-06-30, Lead Real Estate Co., Ltd earned about 12 cents of profit for every dollar of shareholders' money. Leverage: it owed about 80 cents per dollar of assets, and net share issuance: its share count was unchanged over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 8% of its family
  • return on equitybottom 42% of its family
  • the share count against the year beforebottom 25% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
3.8/10

How strong is its position in its industry?

bottom 38% of 17 in its family; net margin 3.5%.

weight 45% of this tense · 38th percentile among 17 sector filers · read for its customers

From the record

Lead Real Estate Co., Ltd's standing among 17 graded names in its industry family: revenue of JPY 18 billion in fiscal 2026 is not ranked by size, since the family reports in another currency; a net margin of 3.5% ranks in the bottom 26%; revenue growth of 1.4% a year over the last 3 filed years ranks in the top 50% (its annual reports).

What it rests on

  • net margin3.5%bottom 26% of its family
  • three-year revenue growth1.4%top 50% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
4.7/10

What are the people in charge doing?

SI estimate 4.7/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 16 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 16 members with one.
What the record cannot read
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
family median, 16 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Lead Real Estate Co., Ltd's leadership is put at 4.7 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 16 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

4.3/1025% of the headline grade · 3 of 3 filed

Room to expand

as filed
3.7/10

How much room does it have to grow?

bottom 37% of 15 in its family for room to expand.

weight 33% of this tense · 37th percentile among 15 sector filers · read for itself

From the record

Lead Real Estate Co., Ltd's room to grow, from the newest filed statements (fiscal 2026): cash of JPY 2.5 billion against no long-term debt tagged leaves 9.2% of its assets as net cash, top 28% of its family; cash from operations less capital spending is -29.2% of revenue (bottom 3%) (its annual report).

What it rests on

  • cash less debt against assets9.2%top 28% of its family
  • cash from operations less capital spending against revenue-29.2%bottom 3% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
2.5/10

What could actually drive growth from here?

bottom 25% of 17 in its family for growth drivers.

weight 33% of this tense · 25th percentile among 17 sector filers · read for its customers

From the record

Lead Real Estate Co., Ltd's growth drivers, from the filed years to fiscal 2026: revenue grew 1.4% a year over the last three filed years against 10.1% over all 6, slowing (bottom 38% of its family); the newest year grew -3.5% (bottom 26%); capital spending grew -11.3% a year (bottom 9%) (its annual reports). Lead Real Estate Co., Ltd reported 10 product lines in fiscal 2025: Land Sale and Building Construction Type Ii at JPY 7.9 billion (42%), Land at JPY 4.9 billion (26%), Land Sale and Building Construction Type Iii Land Only at JPY 3.1 billion (16%), and 7 more; 3 of 10 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-8.6 points a yearbottom 38% of its family
  • the newest year's revenue growth-3.5%bottom 26% of its family
  • three-year growth of capital spending-11.3%bottom 9% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
6.8/10

Did its newest year beat what its own record pointed to?

top 32% of 16 in its family for expectations against reality.

weight 33% of this tense · 68th percentile among 16 sector filers · read for its shareholders

From the record

Lead Real Estate Co., Ltd's newest year against its own record: revenue of JPY 18 billion in fiscal 2026 came in 7.3% below the JPY 20 billion its prior three years' pace pointed to (bottom 47% of its family); net income of JPY 642 million against a prior three-year average of JPY 695 million (top 28%); a net margin of 3.5% against 3.8% before (top 16%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-7.3%bottom 47% of its family
  • net income against the prior three years' average-8%top 28% of its family
  • net margin against its prior average-0.2 pointstop 16% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton LRE · research, not advice