Komori
Earnings1807WATANABE SATO CO.,LTD.Construction and Materials

Summary of Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated)

Net sales decreased 16.6% year on year, mainly due to the impact of the business suspension order. However, the decline in operating income was limited as a result of passing on higher prices, reviewing costs and improving project profitability, while ordinary income increased. Net income attributable to owners of the parent decreased slightly.

Worth reading
42Recurring
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
-16.6
% (year-on-year change in revenue)
Wording
Conditional
How definitive the wording is.

Results for this period

Full year1 April 2025 to 31 March 2026ConsolidatedJapanese GAAP
Net Sales33,704,761¥ thousandYear on year -16.6%
Operating profit1,070,455¥ thousand
Ordinary income1,369,940¥ thousandYear on year +3.1%
Net income attributable to owners of the parent883,493¥ thousandYear on year -0.9%

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 share¥141.58
Financial position at period-end
Total assets32,672,666¥ thousand
of which net assets 22,920,486 ¥ thousandEquity ratio 69.8%vs. prior year-end +9.6pt

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+5,095,744
Investment-394,042
Financials-3,338,085
Net change+1,363,617

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¥6,394,125 thousand
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥380 million
Operating profit¥11 million
Ordinary income¥13 million
Net income¥9 million
Revision to Earnings ForecastNot disclosed → Net Sales ¥380 million / Operating profit ¥11 million / Ordinary income ¥13 million / Net income ¥9 million
Factors Behind Changes in Business Performance

The Construction segment recorded substantial decreases in orders received and net sales due to the impact of the 120-day business suspension order. In the Products and Other Sales segment, production volume declined because of weaker demand, but profit increased as a result of appropriate price pass-through and a review of manufacturing costs. Profitability also improved in the Construction segment.

Disclosure regarding the going concern assumption

Not applicable.

Material subsequent eventsNot applicable.
Impairment loss¥15,695 thousand
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥9,793 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥6,239 thousand, Impairment Losses ¥15,695 thousand
Depreciation and amortization¥547,920 thousand
Orders received and order backlogOrders received 31,331 Millions of yen / Order backlog 14,546 Millions of yen
Issued Shares at Period-End6,391 thousand shares
Treasury Shares at Period-End147 thousand shares
Results for this period
ItemDetails
Fiscal Period ClassificationFull year
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2025 to 31 March 2026
Net Sales¥33,704,761 thousand (YoY -16.6%)
Operating profit¥1,070,455 thousand
Ordinary income¥1,369,940 thousand (YoY +3.1%)
Profit attributable to owners of the parent¥883,493 thousand (YoY -0.9%)
Net income per share¥141.58
Equity ratioEnd of the current fiscal period 69.8 / End of previous period 60.2
Total assets¥32,672,666 thousand
Net assets¥22,920,486 thousand
Cash flows from operating activities¥5,095,744 thousand
Cash flows from investing activities¥-394,042 thousand
Cash flows from financing activities¥-3,338,085 thousand
Cash and cash equivalents at end of period¥6,394,125 thousand
Full-year earnings forecastNet Sales ¥380 million / Operating profit ¥11 million / Ordinary income ¥13 million / Net income ¥9 million
Revision to Earnings ForecastNot disclosed → Net Sales ¥380 million / Operating profit ¥11 million / Ordinary income ¥13 million / Net income ¥9 million
Orders received and order backlogOrders received 31,331 Millions of yen / Order backlog 14,546 Millions of yen
Depreciation and amortization¥547,920 thousand
Impairment loss¥15,695 thousand
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥9,793 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥6,239 thousand, Impairment Losses ¥15,695 thousand
Disclosure regarding the going concern assumptionNot applicable.
Material subsequent eventsNot applicable.
Issued Shares at Period-End6,391 thousand shares
Treasury Shares at Period-End147 thousand shares
Factors Behind Changes in Business PerformanceThe Construction segment recorded substantial decreases in orders received and net sales due to the impact of the 120-day business suspension order. In the Products and Other Sales segment, production volume declined because of weaker demand, but profit increased as a result of appropriate price pass-through and a review of manufacturing costs. Profitability also improved in the Construction segment.
Items this document does not state (11)
Operating MarginAnnual Dividend ForecastPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesChange in accounting policyChanges in the scope of consolidationAvailability of Supplementary Financial Results MaterialsAvailability of Financial Results Briefing

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 Construction segment recorded substantial decreases in orders received and net sales due to the impact of the business suspension order. In the Products and Other Sales segment, production volume declined because of weaker demand, but profit increased as a result of appropriate price pass-through and a review of manufacturing costs. Profitability also improved in the Construction segment.

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.
Summary of Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated) | WATANABE SATO CO.,LTD. (1807) timely disclosure | Komori