Komori
Earnings1801TAISEI CORPORATIONConstruction and Materials

FY2026 Second-Quarter (Interim) Financial Results Summary [Japanese GAAP] (Consolidated)

Although revenue for the interim period was below the prior-year period, operating profit, ordinary profit and interim net income attributable to owners of the parent all increased substantially due to improved profit margins. The full-year revenue and profit forecasts and the annual dividend forecast were raised.

Worth reading
75Important
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
100.5
Year-on-year change in operating profit (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)2025年4月1日〜2025年9月30日ConsolidatedJapanese GAAP
Net Sales907,872Millions of yenYear on year -4.7%
Operating profit81,285Millions of yenYear on year +100.5%
Ordinary income83,908Millions of yenYear on year +68.7%
Net income attributable to owners of the parent63,642Millions of yenYear on year +41.9%

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 share378円30銭
Financial position at period-end
Total assets2,516,484Millions of yen
of which net assets 925,390 Millions of yenEquity ratio 34.2%vs. prior year-end -1.5pt

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+69,425
Investment-104,199
Financials+13,072
Net change-21,702

Stacked from zero: upward is an increase in cash, downward a decrease (in Millions of yen).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 period276,629 Millions of yen
Segment revenue
Civil engineering291,05631.2%+5.1%
Construction558,61159.8%-9.9%
Development76,6708.2%-2.6%
Other7,5680.8%+16.6%
Segment profit
Civil engineering39,85748.5%+47.3%
Construction28,77035.0%
Development12,58615.3%+6.8%
Other1,0071.2%+4.2%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales20,900 Hundreds of millions of yen (YoY -3.0%)
Operating profit1,480 Hundreds of millions of yen (YoY +23.2%)
Ordinary income1,520 Hundreds of millions of yen (YoY +13.0%)
Net income1,370 Hundreds of millions of yen (YoY +10.6%)
Revision to Earnings ForecastNet Sales 19,600 Hundreds of millions of yen → 20,900 Hundreds of millions of yen（+6.6%） / Operating profit 1,010 Hundreds of millions of yen → 1,480 Hundreds of millions of yen（+46.5%） / Ordinary income 1,050 Hundreds of millions of yen → 1,520 Hundreds of millions of yen（+44.8%） / Net income 800 Hundreds of millions of yen → 1,370 Hundreds of millions of yen（+71.3%）
Annual Dividend Forecast¥210 → ¥250（+19.0%）
Factors Behind Changes in Business Performance

売上高は建築事業及び開発事業の減少により減少。営業利益は土木事業、建築事業及び開発事業の利益率好転により増加。経常利益は営業外損益が悪化したものの営業利益の増加により増加し、親会社株主に帰属する中間純利益は特別損益が悪化したものの経常利益の増加により増加。

Disclosure regarding the going concern assumption

No applicable matters. The notes on the going concern assumption state that there are no applicable matters.

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 Number of companies 1 / Company name TOYO CONSTRUCTION CO., LTD. / Excluded Number of companies 0 / Company name Not disclosed
Material subsequent events自己株式19,980,600株、149,999百万円を取得し、2025年11月28日に全株式を消却する決議を行った。消却後の発行済株式総数は163,185,872株となる予定。
Impairment loss593 Millions of yen
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities 13,196 Millions of yen, Other 36 Millions of yen / Extraordinary loss Impairment Losses 593 Millions of yen, Loss on Disposal of Fixed Assets 122 Millions of yen, Loss on sale of investment securities 175 Millions of yen, Other 40 Millions of yen
Depreciation and amortization7,581 Millions of yen
Orders received and order backlogOrders received 11,733 Hundreds of millions of yen / Order backlog Not disclosed
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Analysts and institutional investors
Issued Shares at Period-End183,166,472 Shares
Treasury Shares at Period-End18,729,889 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered2025年4月1日〜2025年9月30日
Net Sales907,872 Millions of yen (YoY -4.7%)
Operating profit81,285 Millions of yen (YoY +100.5%)
Ordinary income83,908 Millions of yen (YoY +68.7%)
Profit attributable to owners of the parent63,642 Millions of yen (YoY +41.9%)
Net income per share378円30銭
Equity ratioEnd of the current fiscal period 34.2 / End of previous period 35.7
Total assets2,516,484 Millions of yen
Net assets925,390 Millions of yen
Cash flows from operating activities69,425 Millions of yen
Cash flows from investing activities-104,199 Millions of yen
Cash flows from financing activities13,072 Millions of yen
Cash and cash equivalents at end of period276,629 Millions of yen
Full-year earnings forecastNet Sales 20,900 Hundreds of millions of yen (YoY -3.0%) / Operating profit 1,480 Hundreds of millions of yen (YoY +23.2%) / Ordinary income 1,520 Hundreds of millions of yen (YoY +13.0%) / Net income 1,370 Hundreds of millions of yen (YoY +10.6%)
Revision to Earnings ForecastNet Sales 19,600 Hundreds of millions of yen → 20,900 Hundreds of millions of yen（+6.6%） / Operating profit 1,010 Hundreds of millions of yen → 1,480 Hundreds of millions of yen（+46.5%） / Ordinary income 1,050 Hundreds of millions of yen → 1,520 Hundreds of millions of yen（+44.8%） / Net income 800 Hundreds of millions of yen → 1,370 Hundreds of millions of yen（+71.3%）
Annual Dividend Forecast¥210 → ¥250（+19.0%）
Segment revenueCivil engineering 291,056 Millions of yen (YoY +5.1%) / Construction 558,611 Millions of yen (YoY -9.9%) / Development 76,670 Millions of yen (YoY -2.6%) / Other 7,568 Millions of yen (YoY +16.6%)
Segment profitCivil engineering 39,857 Millions of yen (YoY +47.3%) / Construction 28,770 Millions of yen / Development 12,586 Millions of yen (YoY +6.8%) / Other 1,007 Millions of yen (YoY +4.2%)
Orders received and order backlogOrders received 11,733 Hundreds of millions of yen / Order backlog Not disclosed
Depreciation and amortization7,581 Millions of yen
Impairment loss593 Millions of yen
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities 13,196 Millions of yen, Other 36 Millions of yen / Extraordinary loss Impairment Losses 593 Millions of yen, Loss on Disposal of Fixed Assets 122 Millions of yen, Loss on sale of investment securities 175 Millions of yen, Other 40 Millions of yen
Disclosure regarding the going concern assumptionNo applicable matters. The notes on the going concern assumption state that there are no applicable matters.
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 Number of companies 1 / Company name TOYO CONSTRUCTION CO., LTD. / Excluded Number of companies 0 / Company name Not disclosed
Material subsequent events自己株式19,980,600株、149,999百万円を取得し、2025年11月28日に全株式を消却する決議を行った。消却後の発行済株式総数は163,185,872株となる予定。
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Analysts and institutional investors
Issued Shares at Period-End183,166,472 Shares
Treasury Shares at Period-End18,729,889 Shares
Factors Behind Changes in Business Performance売上高は建築事業及び開発事業の減少により減少。営業利益は土木事業、建築事業及び開発事業の利益率好転により増加。経常利益は営業外損益が悪化したものの営業利益の増加により増加し、親会社株主に帰属する中間純利益は特別損益が悪化したものの経常利益の増加により増加。
Items this document does not state (4)
Operating MarginPayout 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.

売上高は建築事業及び開発事業の減少により減収となった。利益は土木事業、建築事業及び開発事業の利益率好転により増加したが、営業外損益や特別損益は悪化した。通期予想の修正理由自体は本文で明示されていない。

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.
FY2026 Second-Quarter (Interim) Financial Results Summary [Japanese GAAP] (Consolidated) | TAISEI CORPORATION (1801) timely disclosure | Komori