Worth reading
64In 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
-15.4
% (year-on-year change in operating income)Wording
Conditional
How definitive the wording is.Results for this period
Full year2023年4月1日〜2024年3月31日ConsolidatedJapanese GAAPNet Sales2,325,162¥ millionYear on year +17.2%Progress 92.6%
Operating profit79,381¥ millionYear on year -15.4%Progress 85.4%
Ordinary income91,515¥ millionYear on year -9.2%Progress 93.4%
Net income attributable to owners of the parent75,059¥ millionYear on year -3.4%Progress 86.3%
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 share104円69銭
Operating Margin3.4
Financial position at period-end
Total assets3,017,047¥ million
of which net assets 1,194,810 ¥ millionEquity ratio 38.2%vs. prior year-end 0.0pt
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+50,399
Investment-84,471
Financials-51,922
Net change-85,994
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).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¥326,688 million
Segment revenue
Domestic building1,264,18154.4%
Overseas building457,81819.7%
Domestic civil engineering369,36715.9%
Overseas civil engineering115,3965.0%
Real Estate66,8882.9%
Other51,5092.2%
Segment profit
Domestic building26,863
Overseas building12,759
Domestic civil engineering26,226
Overseas civil engineering-3,782
Real Estate17,260
Other1,317
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥2,510,000 million (YoY +7.9%)
Operating profit¥93,000 million (YoY +17.2%)
Ordinary income¥98,000 million (YoY +7.1%)
Net income¥87,000 million (YoY +15.9%)
Annual Dividend Forecast¥75 per share → ¥80 per share（+6.7%）
Payout ratio71.6
Shareholder Return Policy自己資本配当率（DOE）5％程度を目安とした配当
Factors Behind Changes in Business Performance
国内・海外建築事業における大型工事の進捗等により売上高が増加。営業利益は、前期の大型不動産売却益の反動減、海外土木事業における貸倒引当金の計上、ベースアップによる人件費及び研究開発費の増加などにより減少。
Disclosure regarding the going concern assumption
Not applicable.
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 ＭＷＨ（MWH US Acquisitions, Inc.） / Excluded Number of companies 0 / Company name Not disclosed
Material subsequent eventsNot applicable.
Impairment loss¥4,832 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities ¥23,874 million, Other ¥257 million / Extraordinary loss Impairment Losses ¥4,832 million, Loss on Disposal of Fixed Assets ¥1,213 million, その他の投資評価損 ¥1,064 million, Impairment loss on investment securities ¥1,042 million, Other ¥388 million
Depreciation and amortization¥27,117 million
Orders received and order backlogOrders received ¥23,550 million / 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-End721,509,646
Treasury Shares at Period-End4,510,656
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 2023年4月1日〜2024年3月31日 |
| Net Sales | ¥2,325,162 million (YoY +17.2%) |
| Operating profit | ¥79,381 million (YoY -15.4%) |
| Ordinary income | ¥91,515 million (YoY -9.2%) |
| Profit attributable to owners of the parent | ¥75,059 million (YoY -3.4%) |
| Net income per share | 104円69銭 |
| Operating Margin | 3.4 |
| Equity ratio | End of the current fiscal period 38.2 / End of previous period 38.2 |
| Total assets | ¥3,017,047 million |
| Net assets | ¥1,194,810 million |
| Cash flows from operating activities | ¥50,399 million |
| Cash flows from investing activities | ¥-84,471 million |
| Cash flows from financing activities | ¥-51,922 million |
| Cash and cash equivalents at end of period | ¥326,688 million |
| Full-year earnings forecast | Net Sales ¥2,510,000 million (YoY +7.9%) / Operating profit ¥93,000 million (YoY +17.2%) / Ordinary income ¥98,000 million (YoY +7.1%) / Net income ¥87,000 million (YoY +15.9%) |
| Annual Dividend Forecast | ¥75 per share → ¥80 per share（+6.7%） |
| Payout ratio | 71.6 |
| Shareholder Return Policy | 自己資本配当率（DOE）5％程度を目安とした配当 |
| Segment revenue | Segment Domestic building / Net Sales ¥1,264,181 million / Year on year against the same period last year Not disclosed, Segment Overseas building / Net Sales ¥457,818 million / Year on year against the same period last year Not disclosed, Segment Domestic civil engineering / Net Sales ¥369,367 million / Year on year against the same period last year Not disclosed, Segment Overseas civil engineering / Net Sales ¥115,396 million / Year on year against the same period last year Not disclosed, Segment Real Estate / Net Sales ¥66,888 million / Year on year against the same period last year Not disclosed, Segment Other / Net Sales ¥51,509 million / Year on year against the same period last year Not disclosed |
| Segment profit | Segment Domestic building / Segment profit ¥26,863 million / Year on year against the same period last year Not disclosed, Segment Overseas building / Segment profit ¥12,759 million / Year on year against the same period last year Not disclosed, Segment Domestic civil engineering / Segment profit ¥26,226 million / Year on year against the same period last year Not disclosed, Segment Overseas civil engineering / Segment profit ¥-3,782 million / Year on year against the same period last year Not disclosed, Segment Real Estate / Segment profit ¥17,260 million / Year on year against the same period last year Not disclosed, Segment Other / Segment profit ¥1,317 million / Year on year against the same period last year Not disclosed |
| Orders received and order backlog | Orders received ¥23,550 million / Order backlog Not disclosed |
| Depreciation and amortization | ¥27,117 million |
| Impairment loss | ¥4,832 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of investment securities ¥23,874 million, Other ¥257 million / Extraordinary loss Impairment Losses ¥4,832 million, Loss on Disposal of Fixed Assets ¥1,213 million, その他の投資評価損 ¥1,064 million, Impairment loss on investment securities ¥1,042 million, Other ¥388 million |
| Disclosure regarding the going concern assumption | Not applicable. |
| 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 ＭＷＨ（MWH US Acquisitions, Inc.） / Excluded Number of companies 0 / Company name Not disclosed |
| Material subsequent events | Not applicable. |
| 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 | 721,509,646 |
| Treasury Shares at Period-End | 4,510,656 |
| Factors Behind Changes in Business Performance | 国内・海外建築事業における大型工事の進捗等により売上高が増加。営業利益は、前期の大型不動産売却益の反動減、海外土木事業における貸倒引当金の計上、ベースアップによる人件費及び研究開発費の増加などにより減少。 |
Items this document does not state (2)
Revision to Earnings ForecastRegional 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.売上高は国内・海外建築事業における大型工事の進捗等により増加しました。営業利益は、前期に計上した大型不動産の売却益の反動減、海外土木事業における貸倒引当金の計上、ベースアップによる人件費や研究開発費の増加などにより減少しました。
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.
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.