Komori
Earnings presentation1780YAMAURA CORPORATIONConstruction and Materials

Second-Quarter Financial Results Presentation for the Fiscal Year Ending March 2027

For the first half of the fiscal year ending March 2027, revenue, operating profit, ordinary profit and net income fell below the year-earlier period, while gross profit increased due to cost improvements and other factors. The full-year forecasts for revenue, operating profit and net income were revised upward, with revenue expected to reach ¥42.80 billion.

Worth reading
58In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
9.29
¥100 million (decrease in net sales from the same period of the previous year)
Wording
Conditional
How definitive the wording is.

Contents of this document

Earnings presentationFiscal year ending March 2027, second quarter (first half)8 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales18,230 Million yen-4.8%
Operating profit1,951 Million yen-4.2%
Ordinary income2,099 Million yen-9.4%
Net income1,436 Million yen-8.6%
Selling, general and administrative expenses1,485 Million yen
Gross Profit Margin
yoy_change_pt1
Full-year earnings forecast
Net Sales
¥428 100 million
Operating profit
¥44 100 million
Profit attributable to owners of the parent
¥30 100 million
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Above the initial assumptions / The plan is progressing smoothly
New initiatives
  • Deepening the business alliance with TOSYS for data center research and development
  • Business collaboration with Phil Company, Inc. using the CLT construction method
  • Public-private partnership projects, including the Kitahotaka Industrial Park and the development and operation of the lodging and exchange hub in Tomi City
  • Opening of a DX room
  • Investment in property acquisitions for development, M&A and business alliances
Key KPIsA metric the company considers important as a management benchmark.
  • Equity ratio
    FY202572.7 %
    FY2026 2Q69.3 %
    Year on year against the same period last year-3.4%
  • Cumulative cash allocation progress rate74 %
  • Progress rate of investment to expand revenue91.7 %
  • Number of shares acquired through share buybacks803,100 shares
  • Shareholder benefit yield2.4 %
Segment results
Construction Business
FY2025 Q2 Revenue
¥172.03 100 million
FY2026 Q2 Revenue
¥162.67 100 million
Engineering Business
FY2025 Q2 Revenue
¥11.95 100 million
FY2026 Q2 Revenue
¥12.32 100 million
Development business and other
FY2025 Q2 Revenue
¥7.6 100 million
FY2026 Q2 Revenue
¥7.3 100 million
Medium-term management plan targets
Net Sales
¥413 100 million
Target fiscal yearFY2027
ROE
16 %
Target fiscal yearFY2030
Cash Allocation
¥150 100 million
Target periodFirst medium-term plan
Financial targets
ROE
16 %
Target fiscal yearFY2030
DOE
2～3
Equity ratio
60 %
Target fiscal yearFY2030
Annual Dividend
¥36 /share
Acquisition of treasury shares
Buyback limit
100 10,000 shares
Cumulative acquisitions through September 2026
803,100 shares
Acquisition cost
¥11.5 100 million
Cancellation of Treasury Shares
60 10,000 shares
Contents of this document
ItemDetails
Document typeEarnings presentation
Fiscal Period CoveredFiscal year ending March 2027, second quarter (first half)
Net Sales18,230 Million yen (YoY -4.8%)
Operating profit1,951 Million yen (YoY -4.2%)
Ordinary income2,099 Million yen (YoY -9.4%)
Net income1,436 Million yen (YoY -8.6%)
Gross Profit Marginrate Not disclosed / yoy_change_pt 1
Selling, general and administrative expenses1,485 Million yen
Full-year earnings forecastNet Sales ¥428 100 million / Operating profit ¥44 100 million / Ordinary income Not disclosed / Profit attributable to owners of the parent ¥30 100 million
Self-assessment against the planAbove the initial assumptions / The plan is progressing smoothly
Segment resultsConstruction Business FY2025 Q2 Revenue ¥172.03 100 million / FY2026 Q2 Revenue ¥162.67 100 million / Year on year against the same period last year Not disclosed / Profit Not disclosed / Engineering Business FY2025 Q2 Revenue ¥11.95 100 million / FY2026 Q2 Revenue ¥12.32 100 million / Year on year against the same period last year Not disclosed / Profit Not disclosed / Development business and other FY2025 Q2 Revenue ¥7.6 100 million / FY2026 Q2 Revenue ¥7.3 100 million / Year on year against the same period last year Not disclosed / Profit Not disclosed
Key KPIsIndicator name Equity ratio / FY2025 72.7 % / FY2026 2Q 69.3 % / Year on year against the same period last year -3.4 Points, Cumulative cash allocation progress rate 74 %, Progress rate of investment to expand revenue 91.7 %, Number of shares acquired through share buybacks 803,100 shares, Shareholder benefit yield 2.4 %
Medium-term management plan targetsNet Sales ¥413 100 million / ROE 16 % / Cash Allocation ¥150 100 million
Financial targetsROE 16 % / DOE 2～3 / Equity ratio 60 %
Annual Dividend¥36 /share
Acquisition of treasury sharesBuyback limit 100 10,000 shares / Acquisition period Not disclosed / Cumulative acquisitions through September 2026 803,100 shares / Acquisition cost ¥11.5 100 million / Cancellation of Treasury Shares 60 10,000 shares
New initiativesDeepening the business alliance with TOSYS for data center research and development, Business collaboration with Phil Company, Inc. using the CLT construction method, Public-private partnership projects, including the Kitahotaka Industrial Park and the development and operation of the lodging and exchange hub in Tomi City, Opening of a DX room, Investment in property acquisitions for development, M&A and business alliances
Items this document does not state (14)
Operating profit marginResults for the three months of the current quarterProgress against full-year forecastBreakdown of Factors Affecting the ChangeUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookPayout ratioCapital expendituresOrders received and order backlogMarket 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.

Revenue from the core construction business edged down as the company selectively accepted orders. The engineering business benefited from the development of new customers, while the development and other businesses reduced property acquisitions after assessing real estate market conditions and interest rate trends. Higher prices were absorbed through cost management and improved construction efficiency.

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Second-Quarter Financial Results Presentation for the Fiscal Year Ending March 2027 | YAMAURA CORPORATION (1780) timely disclosure | Komori