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Financial results presentation1802OBAYASHI CORPORATIONConstruction and Materials

Financial Results Presentation for the Fiscal Year Ended March 2024

In the fiscal year ended March 2024, net sales increased 17.2% year on year, while operating profit decreased 15.4% and net income attributable to owners of the parent decreased 3.4%. For the fiscal year ending March 2025, the company expects net sales, operating profit and net income to increase.

Worth reading
40Recurring
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
-14418
¥ million (year-on-year change in consolidated operating income)
Wording
Conditional
How definitive the wording is.

Contents of this document

Financial results presentationFiscal year ended March 20246 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥2,325,162 million+17.2%
Operating profit¥79,381 million-15.4%
Ordinary income¥91,515 million-9.2%
Net income¥75,059 million-3.4%
Selling, general and administrative expenses¥1,402 100 million
Gross Profit Margin
Rate9.4%
Year-on-year change (points)-1.5
Operating profit margin
Rate3.4%
Year-on-year change (points)-1.3
Full-year earnings forecast
Net Sales
¥2,510,000 million
Operating profit
¥93,000 million
Ordinary income
¥98,000 million
Profit attributable to owners of the parent
¥87,000 million
EPS
¥121.34
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Revenue
    Change in amount341,274
  • Gross profit
    Change in amount30,000
  • Selling, general and administrative expenses
    Change in amount17,400
  • Operating income
    Change in amount-14,418
  • Ordinary income
    Change in amount-9,200
  • Profit attributable to owners of the parent
    Change in amount-2,600
  • Orders received
    Change in amount2,907
Key KPIsA metric the company considers important as a management benchmark.
  • Orders received¥25,130 100 million
    Year on year against the same period last year+13.1%
  • Orders carried forward (non-consolidated)¥2,395,601 million
    Year on year against the same period last year+0.8%
  • Net income per share¥104.69
    Year on year against the same period last year-3.4%
  • Return on equity (ROE)7 %
    Year on year against the same period last year-1.0%
  • Return on assets based on ordinary income3.3 %
    Year on year against the same period last year-0.7%
  • Operating margin3.4 %
    Year on year against the same period last year-1.3%
  • Cash flow from operating activities¥50,399 million
    Year on year against the same period last year-77.9%
Segment results
  • Construction Business—Domestic
    Net Sales¥1,633,549 million (YoY +16.7%)
    Operating profit¥50,594 million (YoY -9.8%)
  • Construction Business—Overseas
    Net Sales¥573,215 million (YoY +28.0%)
    Operating profit¥9,160 million (YoY +6.1%)
  • Total construction business
    Net Sales¥2,206,764 million (YoY +19.4%)
    Operating profit¥59,754 million (YoY -7.6%)
  • Real Estate Business and Other Operations
    Net Sales¥118,398 million (YoY -13.1%)
    Operating profit¥19,626 million (YoY -32.5%)
Orders received and order backlog
Orders received
¥25,130 100 million+13.1%
Orders carried forward (non-consolidated)
¥2,395,601 million+0.8%
Annual Dividend
Fiscal year ended March 2024
Annual Dividend¥75 per share
Interim¥21 per share
End of period¥54 per share
2025年3月期予想
Annual Dividend¥80 per share
Interim¥40 per share
End of period¥40 per share
Payout ratio
Fiscal year ended March 202471.6 %
2025年3月期予想65.9 %
Contents of this document
ItemDetails
Document typeFinancial results presentation
Fiscal Period CoveredFiscal year ended March 2024
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%)
Net income¥75,059 million (YoY -3.4%)
Gross Profit MarginRate 9.4% / Year-on-year change (points) -1.5
Operating profit marginRate 3.4% / Year-on-year change (points) -1.3
Selling, general and administrative expenses¥1,402 100 million
Full-year earnings forecastNet Sales ¥2,510,000 million / Operating profit ¥93,000 million / Ordinary income ¥98,000 million / Profit attributable to owners of the parent ¥87,000 million / EPS ¥121.34
Segment resultsSegment Construction Business—Domestic / Net Sales ¥1,633,549 million (YoY +16.7%) / Operating profit ¥50,594 million (YoY -9.8%), Segment Construction Business—Overseas / Net Sales ¥573,215 million (YoY +28.0%) / Operating profit ¥9,160 million (YoY +6.1%), Segment Total construction business / Net Sales ¥2,206,764 million (YoY +19.4%) / Operating profit ¥59,754 million (YoY -7.6%), Segment Real Estate Business and Other Operations / Net Sales ¥118,398 million (YoY -13.1%) / Operating profit ¥19,626 million (YoY -32.5%)
Breakdown of Factors Affecting the ChangeItem Revenue / Change in amount ¥341,274 million, Item Gross profit / Change in amount ¥30,000 million, Item Selling, general and administrative expenses / Change in amount ¥17,400 million, Item Operating income / Change in amount ¥-14,418 million, Item Ordinary income / Change in amount ¥-9,200 million, Item Profit attributable to owners of the parent / Change in amount ¥-2,600 million, Item Orders received / Change in amount ¥2,907 100 million
Key KPIsIndicator name Orders received / Value ¥25,130 100 million / Year on year against the same period last year ¥13.1 100 million, Indicator name Orders carried forward (non-consolidated) / Value ¥2,395,601 million / Year on year against the same period last year ¥0.8 million, Indicator name Net income per share / Value ¥104.69 / Year on year against the same period last year ¥-3.4, Indicator name Return on equity (ROE) / Value 7 % / Year on year against the same period last year -1 %, Indicator name Return on assets based on ordinary income / Value 3.3 % / Year on year against the same period last year -0.7 %, Indicator name Operating margin / Value 3.4 % / Year on year against the same period last year -1.3 %, Indicator name Cash flow from operating activities / Value ¥50,399 million / Year on year against the same period last year ¥-77.9 million
Annual DividendFiscal year ended March 2024 Annual Dividend ¥75 per share / Interim ¥21 per share / End of period ¥54 per share / 2025年3月期予想 Annual Dividend ¥80 per share / Interim ¥40 per share / End of period ¥40 per share
Payout ratioFiscal year ended March 2024 71.6 % / 2025年3月期予想 65.9 %
Orders received and order backlogOrders received ¥25,130 100 million (YoY +13.1%) / Orders carried forward (non-consolidated) ¥2,395,601 million (YoY +0.8%)
Items this document does not state (15)
Results for the three months of the current quarterProgress against full-year forecastSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAcquisition of treasury sharesCapital expendituresMarket Size / ShareKey points of the Q&ANew initiatives

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.

業績の増減理由を文章で説明している箇所は確認できない。資料では、国内外・建築土木・不動産事業等ごとの売上高、利益、増減額を数値で示している。

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Financial Results Presentation for the Fiscal Year Ended March 2024 | OBAYASHI CORPORATION (1802) timely disclosure | Komori