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Financial results presentation1780YAMAURA CORPORATIONConstruction and Materials

Full-Year Financial Results Presentation for the Fiscal Year Ending March 2026

For the fiscal year ended March 2026, revenue and profit increased against the backdrop of progress in corporate construction projects and large-scale projects, with revenue, ordinary profit and net income reaching record highs. For the fiscal year ending March 2027, revenue is expected to increase, but profit is forecast to decline due to higher material prices and labor costs.

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Financial results presentationFiscal year ending March 2026, full year13 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥40,526 million+13.8%
Operating profit¥4,259 million+9.4%
Ordinary income¥4,566 million+15.1%
Net income¥3,165 million+5.4%
Gross Profit Margin18.4
Operating profit margin10.5
Selling, general and administrative expenses¥3,237 million
Full-year earnings forecast
Net Sales
¥41,126 million
Operating profit
¥3,694 million
Ordinary income
¥3,947 million
Net income
¥2,714 million
Earnings per share
¥143.41
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Exceeded the initial earnings forecast
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Construction orders carried forward to the next period will remain sustainable and stable, while high material prices and labor costs will continue
New initiatives
  • Establishment of the Corporate Strategy Headquarters and 4 departments
  • Establishment of the Business Operations Headquarters
  • Business partnership with 株式会社TOSYS in the data center sector
  • Public-private development of the Kिटahotaka Industrial Park
  • Development and operation of the accommodation and exchange hub project in Tomi City
  • Promotion of the real estate stock business and value-enhancement business
Key KPIsA metric the company considers important as a management benchmark.
  • EPS¥167.22
    Year on year against the same period last year+5.4%
  • BPS¥1,383.24
    Year on year against the same period last year+12.5%
  • ROE12.8 %
    Year on year against the same period last year-0.9 percentage points
  • ROA9.47 %
    Year on year against the same period last year-0.11 percentage points
  • Dividend payout ratio17.9 %
    Year on year against the same period last year+2.8 percentage points
  • DOE2.3 %
    Year on year against the same period last year+0.2 percentage points
  • PBR1.1 times
    Year on year against the same period last year+0.12 times
  • Orders received¥40,820 million
    Year on year against the same period last year+17.1%
  • Completed construction¥39,004 million
    Year on year against the same period last year+¥6.0 billion
  • Construction contracts carried forward to the next period¥36,908 million
    Year on year against the same period last year+¥1.8 billion
Segment results
  • Construction
    Net Sales354.71 Hundreds of millions of yen
    Year on year against the same period last year+¥6.835 billion, +23.9%
  • Engineering Business
    Net Sales30.69 Hundreds of millions of yen
    Year on year against the same period last yearDecline in Revenue
  • Development business and other
    Net Sales19.85 Hundreds of millions of yen
    Year on year against the same period last yearDecline in Revenue
Medium-term management plan targets
FY2027
Net Sales413
Revenue unitHundreds of millions of yen
Net income31.7
Net income unitHundreds of millions of yen
ROE14
ROE unit%
Equity ratio70
Equity ratio unit%
DOE3
DOE unit%
Number of employees480
Number of employees unitpeople
Comparison with actual resultsFY2025 actual results: revenue of ¥40.5 billion, net income of ¥3.16 billion, ROE of 12.8%, equity ratio of 72.7%, DOE of 2.3%, and 458 employees
Financial targets
FY2027 targets: ROE of 14.0%, equity ratio of 70.0%, and DOE of 3.0%; FY2025 actual results: ROE of 12.8%, equity ratio of 72.7%, and DOE of 2.3%
Orders received and order backlog
Orders received
¥40,820 million
Construction contracts carried forward to the next period
¥36,908 million
Number of employees
Number of Employees458 people
Prior-year period449 people
Medium-term management plan targets480 people
Capital expenditures
FY2025 actual9
FY2025 actual results unitHundreds of millions of yen
FY2026 budget5
FY2026 budget unitHundreds of millions of yen
Annual Dividend
FY2026 forecast
Annual¥36 per share
Interim¥17 per share
End of period¥19 per share
FY2025 actual
Annual¥30 per share
Payout ratio
FY2025 actual payout ratio of 17.9%, FY2025 actual DOE of 2.3%, and medium-term management plan FY2027 DOE target of 3.0%
Acquisition of treasury shares
Maximum total acquisition cost16 Hundreds of millions of yen
Contents of this document
ItemDetails
Document typeFinancial results presentation
Fiscal Period CoveredFiscal year ending March 2026, full year
Net Sales¥40,526 million (YoY +13.8%)
Operating profit¥4,259 million (YoY +9.4%)
Ordinary income¥4,566 million (YoY +15.1%)
Net income¥3,165 million (YoY +5.4%)
Gross Profit Margin18.4
Operating profit margin10.5
Selling, general and administrative expenses¥3,237 million
Full-year earnings forecastNet Sales ¥41,126 million / Operating profit ¥3,694 million / Ordinary income ¥3,947 million / Net income ¥2,714 million / Earnings per share ¥143.41
Self-assessment against the planExceeded the initial earnings forecast
Segment resultsSegment Construction / Net Sales 354.71 Hundreds of millions of yen / Year on year against the same period last year +¥6.835 billion, +23.9% / Profit Not disclosed, Segment Engineering Business / Net Sales 30.69 Hundreds of millions of yen / Year on year against the same period last year Decline in Revenue / Profit Not disclosed, Segment Development business and other / Net Sales 19.85 Hundreds of millions of yen / Year on year against the same period last year Decline in Revenue / Profit Not disclosed
Key KPIsIndicator EPS / Value ¥167.22 / Year on year against the same period last year +5.4%, Indicator BPS / Value ¥1,383.24 / Year on year against the same period last year +12.5%, Indicator ROE / Value 12.8 % / Year on year against the same period last year -0.9 percentage points, Indicator ROA / Value 9.47 % / Year on year against the same period last year -0.11 percentage points, Indicator Dividend payout ratio / Value 17.9 % / Year on year against the same period last year +2.8 percentage points, Indicator DOE / Value 2.3 % / Year on year against the same period last year +0.2 percentage points, Indicator PBR / Value 1.1 times / Year on year against the same period last year +0.12 times, Indicator Orders received / Value ¥40,820 million / Year on year against the same period last year +17.1%, Indicator Completed construction / Value ¥39,004 million / Year on year against the same period last year +¥6.0 billion, Indicator Construction contracts carried forward to the next period / Value ¥36,908 million / Year on year against the same period last year +¥1.8 billion
Number of employeesNumber of Employees 458 people / Prior-year period 449 people / Medium-term management plan targets 480 people
Assumptions Underlying the Business OutlookConstruction orders carried forward to the next period will remain sustainable and stable, while high material prices and labor costs will continue
Medium-term management plan targetsFY2027 Net Sales 413 / Revenue unit Hundreds of millions of yen / Net income 31.7 / Net income unit Hundreds of millions of yen / ROE 14 / ROE unit % / Equity ratio 70 / Equity ratio unit % / DOE 3 / DOE unit % / Number of employees 480 / Number of employees unit people / Comparison with actual results FY2025 actual results: revenue of ¥40.5 billion, net income of ¥3.16 billion, ROE of 12.8%, equity ratio of 72.7%, DOE of 2.3%, and 458 employees
Financial targetsFY2027 targets: ROE of 14.0%, equity ratio of 70.0%, and DOE of 3.0%; FY2025 actual results: ROE of 12.8%, equity ratio of 72.7%, and DOE of 2.3%
Annual DividendFY2026 forecast Annual ¥36 per share / Interim ¥17 per share / End of period ¥19 per share / FY2025 actual Annual ¥30 per share
Payout ratioFY2025 actual payout ratio of 17.9%, FY2025 actual DOE of 2.3%, and medium-term management plan FY2027 DOE target of 3.0%
Acquisition of treasury sharesMaximum total acquisition cost 16 Hundreds of millions of yen / Period Not disclosed
Capital expendituresFY2025 actual 9 / FY2025 actual results unit Hundreds of millions of yen / FY2026 budget 5 / FY2026 budget unit Hundreds of millions of yen
Orders received and order backlogOrders received ¥40,820 million / Construction contracts carried forward to the next period ¥36,908 million
New initiativesEstablishment of the Corporate Strategy Headquarters and 4 departments, Establishment of the Business Operations Headquarters, Business partnership with 株式会社TOSYS in the data center sector, Public-private development of the Kिटahotaka Industrial Park, Development and operation of the accommodation and exchange hub project in Tomi City, Promotion of the real estate stock business and value-enhancement business
Items this document does not state (8)
Results for the three months of the current quarterProgress against full-year forecastBreakdown of Factors Affecting the ChangeUnit price and quantity metricsNumber of stores and locationsRisk amount incorporated into the outlookMarket Size / ShareKey points of the Q&A

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.

For the fiscal year ended March 2026, the branding strategy for corporate buildings such as factories and warehouses proved effective, while progress on large-scale projects also contributed. For the fiscal year ending March 2027, revenue is expected to remain firm on the back of a sustainable and stable order backlog carried forward, but the earnings outlook is being assessed cautiously because material prices and labor costs are expected to remain elevated amid uncertain global economic conditions.

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Full-Year Financial Results Presentation for the Fiscal Year Ending March 2026 | YAMAURA CORPORATION (1780) timely disclosure | Komori