Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAPThe 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. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
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.
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Persistently high construction materials and equipment and energy prices, and rising labor costs due to labor shortages and other factors. A decline in completed construction revenue in the construction business, increased orders received and expanded sales channels in the engineering business, and reduced purchasing appetite and soaring real estate transaction prices in the development and other businesses.
No applicable matters ("There are no applicable matters")
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | 18,230 Million yen (YoY -4.8%) |
| Operating profit | 1,951 Million yen (YoY -4.2%) |
| Ordinary income | 2,099 Million yen (YoY -9.4%) |
| Profit attributable to owners of the parent | 1,436 Million yen (YoY -8.6%) |
| Net income per share | ¥77.26 |
| Equity ratio | End of the current fiscal period 69.3 / End of previous period 72.7 |
| Total assets | 38,039 Million yen |
| Net assets | 26,369 Million yen |
| Cash flows from operating activities | ¥5,340,973 thousand |
| Cash flows from investing activities | ¥-1,355,890 thousand |
| Cash flows from financing activities | ¥-1,482,211 thousand |
| Cash and cash equivalents at end of period | ¥10,202,684 thousand |
| Full-year earnings forecast | Net Sales 42,800 Million yen (YoY +5.6%) / Operating profit 4,400 Million yen (YoY +3.3%) / Ordinary income 4,600 Million yen (YoY +0.7%) / Net income 3,000 Million yen (YoY -5.2%) |
| Revision to Earnings Forecast | Not disclosed → Net Sales 42,800 / Operating profit 4,400 / Ordinary income 4,600 / Net income 3,000 |
| Annual Dividend Forecast | 30 Yen → 36 Yen（+20.0%） |
| Segment revenue | Construction Business ¥16,267,569 thousand (YoY -5.4%), Engineering Business ¥1,232,203 thousand (YoY +3.1%), Development business and other ¥730,363 thousand (YoY -3.9%) |
| Segment profit | Construction Business ¥2,386,302 thousand (YoY -3.9%), Engineering Business ¥189,602 thousand (YoY +187.2%), Development business and other ¥31,688 thousand |
| Orders received and order backlog | Orders received Consolidated (including the development and other businesses) 18,214 Million yen (YoY +6.4%), Non-consolidated 17,693 Million yen (YoY +7.3%) / Order backlog Not disclosed |
| Depreciation and amortization | ¥182,769 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥11,872 thousand, Gain on sale of investment securities ¥9,694 thousand / Extraordinary loss Loss on sale of investment securities ¥26,883 thousand |
| Disclosure regarding the going concern assumption | No applicable matters ("There are no applicable matters") |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | None (0 additions, 0 exclusions) |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 20,503,514 |
| Treasury Shares at Period-End | 2,347,577 |
| Factors Behind Changes in Business Performance | Persistently high construction materials and equipment and energy prices, and rising labor costs due to labor shortages and other factors. A decline in completed construction revenue in the construction business, increased orders received and expanded sales channels in the engineering business, and reduced purchasing appetite and soaring real estate transaction prices in the development and other businesses. |
Items this document does not state (6)
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 Japan's construction industry, construction materials and equipment and energy prices remain high, while labor costs continue to rise due to labor shortages. The construction business reported declines in completed construction revenue and operating profit. The engineering business posted higher revenue and operating profit as a result of order-winning activities and efforts to expand sales channels, while the development and other businesses reported lower revenue against a backdrop of reduced purchasing appetite and soaring real estate prices.