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Results1799DAIICHI KENSETSU CORPORATIONConstruction and Materials

Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Non-consolidated)

For the interim period of the fiscal year ending March 2027, net sales, operating profit, ordinary profit and interim net income all exceeded the same period of the previous year, reflecting an increase in construction revenue from large carried-over construction projects. The full-year forecast remains unchanged, with net sales expected to increase, while operating profit and below are expected to fall short of the previous fiscal year's actual results.

Worth reading
49Recurring
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
30.6
% (year-on-year change in revenue)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026–30 September 2026Non-consolidated (standalone)Japanese GAAP
Net Sales34,751¥ millionYear on year +30.6%Progress 50.4%
Operating profit3,628¥ millionYear on year +6.3%Progress 61.5%
Ordinary income3,987¥ millionYear on year +4.6%Progress 63.3%
Net income attributable to owners of the parent2,709¥ millionYear on year +2.1%Progress 63.0%

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. 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.

Net income per share¥153.02
Financial position at period-end
Total assets86,682¥ million
of which net assets 74,066 ¥ millionEquity ratio 85.4%vs. prior year-end -1.1pt

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+1,489,858
Investment-376,945
Financials-2,837,755
Net change-1,724,842

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.

Cash and cash equivalents at end of period¥13,113,863 thousand
Segment revenue
Construction Business34,166,08798.3%+31.2%
Real Estate Business585,2821.7%+5.4%
Segment profit
Construction Business3,521,34197.0%+6.7%
Real Estate Business107,0473.0%-4.4%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥69,000 million (YoY +15.0%)
Operating profit¥5,900 million (YoY -14.6%)
Ordinary income¥6,300 million (YoY -16.1%)
Net income¥4,300 million (YoY -17.7%)
Annual Dividend Forecast¥160 → ¥160(0.0%)
Factors Behind Changes in Business Performance

Net sales increased primarily due to the rise in construction revenue from large carried-over construction projects from the previous fiscal year. In the construction business, completed construction revenue increased, while in the real estate business, depreciation and other expenses for rental properties acquired in the previous fiscal year increased.

Disclosure regarding the going concern assumption

No applicable matter

Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 None見積りの変更 None修正再表示 None
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥603 thousand / Extraordinary loss Loss on disposal of non-current assets ¥841 thousand
Depreciation and amortization¥1,075,631 thousand
Orders received and order backlogOrders received ¥32,178,097 thousand / Carried-forward construction orders ¥41,810,133 thousand
Availability of Financial Results BriefingWhether applicable None / Subject person Not disclosed
Issued Shares at Period-End20,858,491 shares
Treasury Shares at Period-End3,151,889 shares
Supplementary financial results materialsAvailable
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedNon-consolidated (standalone)
Period Covered1 April 2026–30 September 2026
Net Sales¥34,751 million (YoY +30.6%)
Operating profit¥3,628 million (YoY +6.3%)
Ordinary income¥3,987 million (YoY +4.6%)
Profit attributable to owners of the parent¥2,709 million (YoY +2.1%)
Net income per share¥153.02
Equity ratioEnd of the current fiscal period 85.4 / End of previous period 86.5
Total assets¥86,682 million
Net assets¥74,066 million
Cash flows from operating activities¥1,489,858 thousand
Cash flows from investing activities¥-376,945 thousand
Cash flows from financing activities¥-2,837,755 thousand
Cash and cash equivalents at end of period¥13,113,863 thousand
Full-year earnings forecastNet Sales ¥69,000 million (YoY +15.0%) / Operating profit ¥5,900 million (YoY -14.6%) / Ordinary income ¥6,300 million (YoY -16.1%) / Net income ¥4,300 million (YoY -17.7%)
Annual Dividend Forecast¥160 → ¥160(0.0%)
Segment revenueConstruction Business ¥34,166,087 thousand (YoY +31.2%) / Real Estate Business ¥585,282 thousand (YoY +5.4%)
Segment profitConstruction Business ¥3,521,341 thousand (YoY +6.7%) / Real Estate Business ¥107,047 thousand (YoY -4.4%)
Orders received and order backlogOrders received ¥32,178,097 thousand / Carried-forward construction orders ¥41,810,133 thousand
Depreciation and amortization¥1,075,631 thousand
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥603 thousand / Extraordinary loss Loss on disposal of non-current assets ¥841 thousand
Disclosure regarding the going concern assumptionNo applicable matter
Change in accounting policyChanges due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None
Supplementary financial results materialsAvailable
Availability of Financial Results BriefingWhether applicable None / Subject person Not disclosed
Issued Shares at Period-End20,858,491 shares
Treasury Shares at Period-End3,151,889 shares
Factors Behind Changes in Business PerformanceNet sales increased primarily due to the rise in construction revenue from large carried-over construction projects from the previous fiscal year. In the construction business, completed construction revenue increased, while in the real estate business, depreciation and other expenses for rental properties acquired in the previous fiscal year increased.
Items this document does not state (8)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesImpairment lossChanges in the scope of consolidationMaterial subsequent events

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.

The primary factor behind the increase in net sales was the rise in construction revenue from large carried-over construction projects from the previous fiscal year. In the construction business, the primary factor was an increase in completed construction revenue, while in the real estate business, the primary factor was an increase in depreciation and other expenses for rental properties acquired in the previous fiscal year.

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.
Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Non-consolidated) | DAIICHI KENSETSU CORPORATION (1799) timely disclosure | Komori