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
56.9
% (year-on-year increase in operating income)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAPNet Sales65,307Millions of yenYear on year +17.0%Progress 48.4%
Operating profit3,053Millions of yenYear on year +56.9%Progress 59.9%
Ordinary income3,270Millions of yenYear on year +49.6%Progress 59.5%
Net income attributable to owners of the parent2,252Millions of yenYear on year +33.9%
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 share¥65.56
Financial position at period-end
Total assets97,542Millions of yen
of which net assets 52,115 Millions of yenEquity ratio 52.0%vs. prior year-end +2.6pt
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+7,827
Investment-1,293
Financials-1,373
Net change+5,161
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 period35,544 Millions of yen
Segment revenueConstruction business・Japan 41,415 Millions of yen (YoY +20.2%), Construction business・Southeast Asia 23,130 Millions of yen (YoY +12.4%), Construction business, total 64,546 Millions of yen (YoY +17.3%), Real estate business・Japan 683 Millions of yen (YoY -0.2%), Real estate business・Southeast Asia 2 Millions of yen (YoY +15.3%), Real estate business, total 686 Millions of yen, Other businesses 76 Millions of yen (YoY -6.9%)
Segment profitConstruction business・Japan 2,978 Millions of yen (YoY +185.3%), Construction business・Southeast Asia -252 Millions of yen, Real estate business・Japan 304 Millions of yen (YoY -13.7%), Real estate business・Southeast Asia 0 Millions of yen (YoY +57.7%), Other businesses 21 Millions of yen (YoY -34.5%)
Regional sales41,415 Millions of yen (YoY +20.2%), 23,130 Millions of yen (YoY +12.4%), 683 Millions of yen (YoY -0.2%), 2 Millions of yen (YoY +15.3%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales135,000 Millions of yen (YoY -2.2%)
Operating profit5,100 Millions of yen (YoY -5.1%)
Ordinary income5,500 Millions of yen (YoY -8.3%)
Profit attributable to owners of the parent3,700 Millions of yen (YoY -15.6%)
Revision to Earnings ForecastNet Sales ¥1,500 100 million → ¥1,350 100 million / Operating profit ¥39 100 million → ¥51 100 million / Ordinary income ¥42 100 million → ¥55 100 million / Profit attributable to owners of the parent ¥29 100 million → ¥37 100 million
Annual Dividend Forecast25 Yen → 32 Yen
Factors Behind Changes in Business Performance
Japan construction business: Operating profit increased, mainly due to higher revenue. Southeast Asia construction business: Despite higher revenue, the business posted an operating loss due to factors including a decline in construction profit margins. Japan real estate business: Operating profit decreased due to factors including a slight decline in revenue and an increase in operating expenses.
Disclosure regarding the going concern assumption
None
Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 None見積りの変更 None修正再表示 None
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name Not disclosed
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets 0 Millions of yen, Gain on redemption of investment securities 4 Millions of yen / Extraordinary loss Litigation-Related Losses 16 Millions of yen, Other 0 Millions of yen
Depreciation and amortization442 Millions of yen
Orders received and order backlogOrders received 132,179 Millions of yen / Order backlog 216,340 Millions of yen
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNo (target audience: Not disclosed)
Issued Shares at Period-End34,498,097
Treasury Shares at Period-End134,687
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | 65,307 Millions of yen (YoY +17.0%) |
| Operating profit | 3,053 Millions of yen (YoY +56.9%) |
| Ordinary income | 3,270 Millions of yen (YoY +49.6%) |
| Profit attributable to owners of the parent | 2,252 Millions of yen (YoY +33.9%) |
| Net income per share | ¥65.56 |
| Equity ratio | End of the current fiscal period 52 / End of previous period 49.4 |
| Total assets | 97,542 Millions of yen |
| Net assets | 52,115 Millions of yen |
| Cash flows from operating activities | 7,827 Millions of yen |
| Cash flows from investing activities | -1,293 Millions of yen |
| Cash flows from financing activities | -1,373 Millions of yen |
| Cash and cash equivalents at end of period | 35,544 Millions of yen |
| Full-year earnings forecast | Net Sales 135,000 Millions of yen (YoY -2.2%) / Operating profit 5,100 Millions of yen (YoY -5.1%) / Ordinary income 5,500 Millions of yen (YoY -8.3%) / Profit attributable to owners of the parent 3,700 Millions of yen (YoY -15.6%) |
| Revision to Earnings Forecast | Net Sales ¥1,500 100 million → ¥1,350 100 million / Operating profit ¥39 100 million → ¥51 100 million / Ordinary income ¥42 100 million → ¥55 100 million / Profit attributable to owners of the parent ¥29 100 million → ¥37 100 million |
| Annual Dividend Forecast | 25 Yen → 32 Yen |
| Segment revenue | Construction business・Japan 41,415 Millions of yen (YoY +20.2%), Construction business・Southeast Asia 23,130 Millions of yen (YoY +12.4%), Construction business, total 64,546 Millions of yen (YoY +17.3%), Real estate business・Japan 683 Millions of yen (YoY -0.2%), Real estate business・Southeast Asia 2 Millions of yen (YoY +15.3%), Real estate business, total 686 Millions of yen, Other businesses 76 Millions of yen (YoY -6.9%) |
| Segment profit | Construction business・Japan 2,978 Millions of yen (YoY +185.3%), Construction business・Southeast Asia -252 Millions of yen, Real estate business・Japan 304 Millions of yen (YoY -13.7%), Real estate business・Southeast Asia 0 Millions of yen (YoY +57.7%), Other businesses 21 Millions of yen (YoY -34.5%) |
| Regional sales | 41,415 Millions of yen (YoY +20.2%), 23,130 Millions of yen (YoY +12.4%), 683 Millions of yen (YoY -0.2%), 2 Millions of yen (YoY +15.3%) |
| Orders received and order backlog | Orders received 132,179 Millions of yen / Order backlog 216,340 Millions of yen |
| Depreciation and amortization | 442 Millions of yen |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets 0 Millions of yen, Gain on redemption of investment securities 4 Millions of yen / Extraordinary loss Litigation-Related Losses 16 Millions of yen, Other 0 Millions of yen |
| Disclosure regarding the going concern assumption | None |
| Change in accounting policy | Changes due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None |
| Changes in the scope of consolidation | New 0 companies / Excluded 0 companies / Company name Not disclosed |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | No (target audience: Not disclosed) |
| Issued Shares at Period-End | 34,498,097 |
| Treasury Shares at Period-End | 134,687 |
| Factors Behind Changes in Business Performance | Japan construction business: Operating profit increased, mainly due to higher revenue. Southeast Asia construction business: Despite higher revenue, the business posted an operating loss due to factors including a decline in construction profit margins. Japan real estate business: Operating profit decreased due to factors including a slight decline in revenue and an increase in operating expenses. |
Items this document does not state (5)
Operating MarginPayout ratioShareholder Return PolicyImpairment lossMaterial 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.Operating profit increased in Japan's construction business, mainly due to higher revenue. In Southeast Asia's construction business, revenue increased, but the business posted an operating loss due to factors including a decline in construction profit margins. No specific reasons were provided for the revision to the full-year earnings forecast.
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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