Worth reading
63In 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
53
Year-on-year change in operating profit (%)Wording
Conditional
How definitive the wording is.Results for this period
Third quarter1 April 2025 to 31 December 2025ConsolidatedJapanese GAAPNet Sales1,427,758million yenYear on year -6.5%Progress 68.3%
Operating profit122,356million yenYear on year +53.0%Progress 82.7%
Ordinary income130,499million yenYear on year +41.0%Progress 85.9%
Net income attributable to owners of the parent102,568million yenYear on year +22.4%Progress 74.9%
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. 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 share615円38銭
Financial position at period-end
Total assets2,612,734million yen
of which net assets 902,305 million yenEquity ratio 33.0%vs. prior year-end -2.7pt
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.
Segment revenue
Civil Engineering Business463,39832.5%+7.5%
Building Construction852,81059.7%-13.1%
Development Business103,0237.2%+2.1%
Other8,5250.6%+3.8%
Segment profit
Civil Engineering Business64,29349.8%+20.3%
Building Construction45,61135.3%+314.1%
Development Business17,71413.7%+10.9%
Other1,4321.1%+5.0%
Regional sales個別・土木事業 Domestic public sector 177,633 million yen (YoY -1.2%) / Domestic private sector 81,651 million yen (YoY +12.0%) / Overseas expansion 17,228 million yen (YoY -1.2%) / 個別・建築事業 Domestic public sector 82,524 million yen (YoY -29.0%) / Domestic private sector 591,287 million yen (YoY -18.1%) / Overseas expansion 24,389 million yen (YoY +22.2%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales2,090,000 million yen (YoY -3.0%)
Operating profit148,000 million yen (YoY +23.2%)
Ordinary income152,000 million yen (YoY +13.0%)
Net income137,000 million yen (YoY +10.6%)
Annual Dividend Forecast210 yen → 250 yen
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及び建築事業の利益率好転による売上総利益の増加により増加。経常利益は持分法による投資利益の減少等に伴う営業外損益の悪化があったものの営業利益の増加により増加。親会社株主に帰属する四半期純利益は事業用資産に係る減損損失の計上等による特別損益の悪化があっ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
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
Impairment loss3,368 million yen
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities 30,574 million yen / Other 193 million yen / Extraordinary loss Loss on sale of fixed assets 471 million yen / Impairment loss 3,368 million yen / Loss on Disposal of Fixed Assets 193 million yen / Loss on sale of investment securities 175 million yen / Other 193 million yen
Depreciation and amortization11,873 million yen
Orders received and order backlogOrders received ¥17,938 100 million / Order backlog 3,373,879 million yen
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Analysts and institutional investors
Issued Shares at Period-End163,185,872
Treasury Shares at Period-End175,525
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025 to 31 December 2025 |
| Net Sales | 1,427,758 million yen (YoY -6.5%) |
| Operating profit | 122,356 million yen (YoY +53.0%) |
| Ordinary income | 130,499 million yen (YoY +41.0%) |
| Profit attributable to owners of the parent | 102,568 million yen (YoY +22.4%) |
| Net income per share | 615円38銭 |
| Equity ratio | End of the current fiscal period 33 / End of previous period 35.7 |
| Total assets | 2,612,734 million yen |
| Net assets | 902,305 million yen |
| Full-year earnings forecast | Net Sales 2,090,000 million yen (YoY -3.0%) / Operating profit 148,000 million yen (YoY +23.2%) / Ordinary income 152,000 million yen (YoY +13.0%) / Net income 137,000 million yen (YoY +10.6%) |
| Annual Dividend Forecast | 210 yen → 250 yen |
| Segment revenue | Civil Engineering Business 463,398 million yen (YoY +7.5%) / Building Construction 852,810 million yen (YoY -13.1%) / Development Business 103,023 million yen (YoY +2.1%) / Other 8,525 million yen (YoY +3.8%) |
| Segment profit | Civil Engineering Business 64,293 million yen (YoY +20.3%) / Building Construction 45,611 million yen (YoY +314.1%) / Development Business 17,714 million yen (YoY +10.9%) / Other 1,432 million yen (YoY +5.0%) |
| Regional sales | 個別・土木事業 Domestic public sector 177,633 million yen (YoY -1.2%) / Domestic private sector 81,651 million yen (YoY +12.0%) / Overseas expansion 17,228 million yen (YoY -1.2%) / 個別・建築事業 Domestic public sector 82,524 million yen (YoY -29.0%) / Domestic private sector 591,287 million yen (YoY -18.1%) / Overseas expansion 24,389 million yen (YoY +22.2%) |
| Orders received and order backlog | Orders received ¥17,938 100 million / Order backlog 3,373,879 million yen |
| Depreciation and amortization | 11,873 million yen |
| Impairment loss | 3,368 million yen |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of investment securities 30,574 million yen / Other 193 million yen / Extraordinary loss Loss on sale of fixed assets 471 million yen / Impairment loss 3,368 million yen / Loss on Disposal of Fixed Assets 193 million yen / Loss on sale of investment securities 175 million yen / Other 193 million yen |
| Disclosure regarding the going concern assumption | 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 | New Number of companies 1 / Company name TOYO CONSTRUCTION CO., LTD. / Excluded Number of companies 0 / Company name Not disclosed |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Analysts and institutional investors |
| Issued Shares at Period-End | 163,185,872 |
| Treasury Shares at Period-End | 175,525 |
| 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及び建築事業の利益率好転による売上総利益の増加により増加。経常利益は持分法による投資利益の減少等に伴う営業外損益の悪化があったものの営業利益の増加により増加。親会社株主に帰属する四半期純利益は事業用資産に係る減損損失の計上等による特別損益の悪化があったものの経常利益の増加により増加。 |
Items this document does not state (9)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicyMaterial 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.売上高は建築事業及び開発事業の減少により減少しました。営業利益は土木事業及び建築事業の利益率好転による売上総利益の増加が、販売費及び一般管理費の増加を上回ったため増加しました。
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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.