Komori
Financial results presentation1827NAKANO CORPORATIONConstruction and Materials

Supplementary Financial Results Presentation for the Second Quarter of the Fiscal Year Ending March 2027

In the second quarter of the fiscal year ending March 2027, orders received, revenue, operating profit and interim net profit all exceeded the year-earlier levels, and consolidated results improved as profitability in the domestic construction business recovered. Meanwhile, the Southeast Asian business posted an operating loss due to delays in improving profitability and higher personnel expenses.

Worth reading
44Recurring
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
95
¥100 million (year-on-year increase in consolidated revenue)
Wording
Conditional
How definitive the wording is.

Contents of this document

Financial results presentationSecond quarter of the fiscal year ending March 20279 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales65,307 Millions of yen+17.0%
Operating profit3,053 Millions of yen+56.9%
Ordinary income3,270 Millions of yen+49.6%
Net income2,252 Millions of yen+33.9%
Selling, general and administrative expenses4,328 Millions of yen
Gross Profit Margin
Rate11.3
Year-on-year change (points)0.8
Operating profit margin
Rate4.7
Year-on-year change (points)1.2
Full-year earnings forecast
Orders received
140,000 Millions of yen
Net Sales
135,000 Millions of yen
Operating profit
5,100 Millions of yen
Ordinary income
5,500 Millions of yen
Profit attributable to owners of parent
3,700 Millions of yen
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Non-consolidated ordinary income
Increase in gross profit2,254
Increase in general and administrative expenses-193
Decrease in non-operating income-4
Overseas business ordinary profit
Decrease in gross profit-672
Increase in general and administrative expenses-135
Decrease in non-operating income-6
New initiatives
  • Acquisition of 100% of 株式会社振興建設
  • Obtaining SBT certification
  • Standardisation of payment terms for partner companies to cash payments in all cases
  • Strengthening collaboration with partner companies through dialogue and information sharing, and through improvements in safety and quality
Key KPIsA metric the company considers important as a management benchmark.
  • Orders received132,179 Millions of yen
    Year on year against the same period last year+113.2%
  • Construction Backlog Carried Forward¥2,163 100 million
    Year on year against the same period last yearUp ¥55.7 billion
  • Consolidated construction revenue¥645 100 million
  • SBT Scope 1 and 2 reduction target29.4 % or higher
  • SBT Scope 3 reduction target33.78 % or higher
Segment results
Construction Business
Net Sales
64,546 Millions of yen+17.3%
Operating profit
2,725 Millions of yen+74.7%
Japan
Net Sales
41,415 Millions of yen+20.2%
Operating profit
2,978 Millions of yen+185.3%
Southeast Asia
Net Sales
23,130 Millions of yen+12.4%
Operating profit
-252 Millions of yen
Real Estate Business
Net Sales
686 Millions of yen-0.2%
Operating profit
304 Millions of yen-13.7%
Other Businesses
Net Sales
76 Millions of yen-6.9%
Operating profit
21 Millions of yen-34.5%
Medium-term management plan targets
Plan nameMedium-Term Plan 86
Final yearFiscal year ending March 2028
TargetFurther improvement in the profitability of the domestic construction business, expansion of the overseas construction business, and maintenance of stable cash flow from the real estate business and other operations
Comparison with actual resultsThe company states that some measures exceeded their targets or are progressing as planned
Orders received and order backlog
Orders received
¥1,321 100 million
Year on year against the same period last yearUp ¥70.1 billion
Carried-forward construction work
¥2,163 100 million
Year on year against the same period last yearUp ¥55.7 billion
Number of employees
Consolidated1,453 People
Individual823 People
Record date30 September 2026
Annual Dividend
Annual dividend per share32 Yen
Interim0 Yen
End of period32 Yen
Payout ratio
Rate30 target percentage
DOE1.5% floor
Contents of this document
ItemDetails
Document typeFinancial results presentation
Fiscal Period CoveredSecond quarter of the fiscal year ending March 2027
Net Sales65,307 Millions of yen (YoY +17.0%)
Operating profit3,053 Millions of yen (YoY +56.9%)
Ordinary income3,270 Millions of yen (YoY +49.6%)
Net income2,252 Millions of yen (YoY +33.9%)
Gross Profit MarginRate 11.3 / Year-on-year change (points) 0.8
Operating profit marginRate 4.7 / Year-on-year change (points) 1.2
Selling, general and administrative expenses4,328 Millions of yen
Full-year earnings forecastOrders received 140,000 Millions of yen / Net Sales 135,000 Millions of yen / Operating profit 5,100 Millions of yen / Ordinary income 5,500 Millions of yen / Profit attributable to owners of parent 3,700 Millions of yen
Segment resultsConstruction Business Net Sales 64,546 Millions of yen (YoY +17.3%) / Operating profit 2,725 Millions of yen (YoY +74.7%) / Japan Net Sales 41,415 Millions of yen (YoY +20.2%) / Operating profit 2,978 Millions of yen (YoY +185.3%) / Southeast Asia Net Sales 23,130 Millions of yen (YoY +12.4%) / Operating profit -252 Millions of yen / Real Estate Business Net Sales 686 Millions of yen (YoY -0.2%) / Operating profit 304 Millions of yen (YoY -13.7%) / Other Businesses Net Sales 76 Millions of yen (YoY -6.9%) / Operating profit 21 Millions of yen (YoY -34.5%)
Breakdown of Factors Affecting the ChangeNon-consolidated ordinary income Increase in gross profit 2,254 / Increase in general and administrative expenses -193 / Decrease in non-operating income -4 / Overseas business ordinary profit Decrease in gross profit -672 / Increase in general and administrative expenses -135 / Decrease in non-operating income -6
Key KPIsIndicator name Orders received / Value 132,179 Millions of yen / Year on year against the same period last year 113.2 Millions of yen, Indicator name Construction Backlog Carried Forward / Value ¥2,163 100 million / Year on year against the same period last year Up ¥55.7 billion, Indicator name Consolidated construction revenue / Value ¥645 100 million / Year on year against the same period last year Not disclosed, Indicator name SBT Scope 1 and 2 reduction target / Value 29.4 % or higher / Year on year against the same period last year Not disclosed, Indicator name SBT Scope 3 reduction target / Value 33.78 % or higher / Year on year against the same period last year Not disclosed
Number of employeesConsolidated 1,453 People / Individual 823 People / Record date 30 September 2026 / Change during the period Not disclosed / Hiring plan Not disclosed
Medium-term management plan targetsPlan name Medium-Term Plan 86 / Final year Fiscal year ending March 2028 / Target Further improvement in the profitability of the domestic construction business, expansion of the overseas construction business, and maintenance of stable cash flow from the real estate business and other operations / Comparison with actual results The company states that some measures exceeded their targets or are progressing as planned
Annual DividendAnnual dividend per share 32 Yen / Interim 0 Yen / End of period 32 Yen
Payout ratioRate 30 target percentage / DOE 1.5% floor
Orders received and order backlogOrders received ¥1,321 100 million / Carried-forward construction work ¥2,163 100 million
New initiativesAcquisition of 100% of 株式会社振興建設, Obtaining SBT certification, Standardisation of payment terms for partner companies to cash payments in all cases, Strengthening collaboration with partner companies through dialogue and information sharing, and through improvements in safety and quality
Items this document does not state (12)
Results for the three months of the current quarterProgress against full-year forecastSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial targetsAcquisition of treasury sharesCapital expendituresMarket Size / ShareKey points of the Q&A

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.

Orders received benefited from large-scale project awards in Japan and Southeast Asia, while revenue benefited from progress on a strong backlog of construction projects in Japan and overseas. Profitability improved in the domestic construction business, but in Southeast Asia, profitability on projects under construction did not improve sufficiently, and higher general and administrative expenses resulting from increased staffing and improved employee benefits weighed on profit.

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