Komori
Earnings1726Br.Holdings CorporationConstruction and Materials

Summary of Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated)

For the fiscal year ended March 2026, revenue and operating income declined due to lower orders in the construction business and slower progress on large-scale projects. Net income increased, however, due to the recognition of gains on the sale of non-current assets. The company has not provided earnings or dividend forecasts for the fiscal year ending March 2027 because it is scheduled to be delisted.

Worth reading
55In focus
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
20.8
Year-on-year decrease in operating income (%)
Wording
Definitive
How definitive the wording is.

Results for this period

Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAP
Net Sales35,867¥ millionYear on year -12.0%
Operating profit1,547¥ millionYear on year -20.8%
Ordinary income1,408¥ millionYear on year -25.1%
Net income attributable to owners of the parent2,103¥ millionYear on year +65.7%

The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit.

Net income per share¥46.56
Operating Margin4.3%
Financial position at period-end
Total assets36,341¥ million
of which net assets 16,673 ¥ millionEquity ratio 45.8%vs. prior year-end +10.1pt

塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.

Cash inflows and outflows
Operating+6,799
Investment+2,081
Financials-8,292
Net change+588

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.

Cash and cash equivalents at end of period¥2,269 million
Segment revenueConstruction ¥29,144 million (YoY -15.0%), Product sales business ¥6,262 million (YoY +4.7%), Information systems business ¥438 million (YoY -11.2%), Real Estate Leasing Business ¥22 million (YoY -0.2%)
Segment profitConstruction ¥2,826 million (YoY -17.8%), Product sales business ¥482 million (YoY +551.5%), Information systems business ¥33 million (YoY -22.8%), Real Estate Leasing Business ¥96 million (YoY +1.9%)
Outlook and shareholder returns
Full-year earnings forecast
Period CoveredFiscal year ending March 2027
Net SalesNot disclosed
Operating profitNot disclosed
Ordinary incomeNot disclosed
Net incomeNot disclosed
ReasonNot provided because the company is scheduled to be delisted
Annual Dividend Forecast¥8 → Not disclosed
Factors Behind Changes in Business Performance

The construction business posted lower revenue and profit due to a decline in order volumes across the market and slower progress on large-scale projects. The product sales business posted higher profit despite lower orders for structural products such as bridge girders, owing to cost reductions resulting from a review of the manufacturing process and other factors. The information systems business posted lower profit due to higher personnel and other costs. Net income increased due to the recognition of gains on the sale of non-current assets.

Disclosure regarding the going concern assumption

Not applicable.

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name Not disclosed
Material subsequent eventsThe company resolved to submit proposals for a share consolidation, the abolition of the provision for a trading unit and a partial amendment to the Articles of Incorporation to an extraordinary general meeting of shareholders. It also resolved to cancel treasury shares.
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥2,154 million / Extraordinary loss Costs related to the tender offer ¥500 million
Depreciation and amortization¥717 million
Orders received and order backlogOrders received Construction ¥30,481 million / Product sales business ¥5,200 million / Information systems business ¥448 million / Real Estate Leasing Business ¥22 million / Total ¥36,152 million / Order backlog Not disclosed / Contracted work outstanding Construction ¥49,540 million
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End45,795,000 Shares
Treasury Shares at Period-End402,402 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationFull year
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2025–31 March 2026
Net Sales¥35,867 million (YoY -12.0%)
Operating profit¥1,547 million (YoY -20.8%)
Ordinary income¥1,408 million (YoY -25.1%)
Profit attributable to owners of the parent¥2,103 million (YoY +65.7%)
Net income per share¥46.56
Operating Margin4.3%
Equity ratioEnd of the current fiscal period 45.8% / End of previous period 35.7%
Total assets¥36,341 million
Net assets¥16,673 million
Cash flows from operating activities¥6,799 million
Cash flows from investing activities¥2,081 million
Cash flows from financing activities¥-8,292 million
Cash and cash equivalents at end of period¥2,269 million
Full-year earnings forecastPeriod Covered Fiscal year ending March 2027 / Net Sales Not disclosed / Operating profit Not disclosed / Ordinary income Not disclosed / Net income Not disclosed / Reason Not provided because the company is scheduled to be delisted
Annual Dividend Forecast¥8 → Not disclosed
Segment revenueConstruction ¥29,144 million (YoY -15.0%), Product sales business ¥6,262 million (YoY +4.7%), Information systems business ¥438 million (YoY -11.2%), Real Estate Leasing Business ¥22 million (YoY -0.2%)
Segment profitConstruction ¥2,826 million (YoY -17.8%), Product sales business ¥482 million (YoY +551.5%), Information systems business ¥33 million (YoY -22.8%), Real Estate Leasing Business ¥96 million (YoY +1.9%)
Orders received and order backlogOrders received Construction ¥30,481 million / Product sales business ¥5,200 million / Information systems business ¥448 million / Real Estate Leasing Business ¥22 million / Total ¥36,152 million / Order backlog Not disclosed / Contracted work outstanding Construction ¥49,540 million
Depreciation and amortization¥717 million
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥2,154 million / Extraordinary loss Costs related to the tender offer ¥500 million
Disclosure regarding the going concern assumptionNot applicable.
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name Not disclosed
Material subsequent eventsThe company resolved to submit proposals for a share consolidation, the abolition of the provision for a trading unit and a partial amendment to the Articles of Incorporation to an extraordinary general meeting of shareholders. It also resolved to cancel treasury shares.
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End45,795,000 Shares
Treasury Shares at Period-End402,402 Shares
Factors Behind Changes in Business PerformanceThe construction business posted lower revenue and profit due to a decline in order volumes across the market and slower progress on large-scale projects. The product sales business posted higher profit despite lower orders for structural products such as bridge girders, owing to cost reductions resulting from a review of the manufacturing process and other factors. The information systems business posted lower profit due to higher personnel and other costs. Net income increased due to the recognition of gains on the sale of non-current assets.
Items this document does not state (4)
Revision to Earnings ForecastPayout ratioShareholder Return PolicyRegional sales

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

In the construction business, order volumes declined across the market and progress on large-scale projects slowed. In the product sales business, orders for structural products such as bridge girders declined. At the same time, cost reductions resulting from a review of the manufacturing process boosted profit in the product sales business. The increase in net income was due to the recognition of ¥2,154 million in gains on the sale of non-current assets. The reason no forecast has been provided for the fiscal year ending March 2027 is that the company is scheduled to become a wholly owned subsidiary of Yokogawa Bridge Holdings Corp. and be delisted.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Summary of Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated) | ビーアールホールディングス (1726) timely disclosure | Komori