Worth reading
47Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
2075
¥ million (year-on-year increase in operating income)Wording
Conditional
How definitive the wording is.Results for this period
Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAPNet Sales163,018¥ millionYear on year +1.9%Progress 97.6%
Operating profit17,601¥ millionYear on year +13.4%Progress 97.8%
Ordinary income18,220¥ millionYear on year +13.6%Progress 98.5%
Net income attributable to owners of the parent12,845¥ millionYear on year +11.1%Progress 98.8%
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¥372.99
Operating Margin10.8%
Financial position at period-end
Total assets203,845¥ million
of which net assets 133,975 ¥ millionEquity ratio 65.1%vs. prior year-end -0.9pt
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+5,241
Investment-4,899
Financials+4,517
Net change+4,859
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¥20,574 million
Segment revenue
Civil Engineering Business107,98066.2%+7.1%
Building Construction45,90528.2%-7.6%
Other9,1325.6%-4.3%
Segment profit
Civil Engineering Business9,82955.9%+14.6%
Building Construction6,36736.2%+17.3%
Other1,4008.0%-6.9%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥167,000 million (YoY +2.4%)
Operating profit¥18,000 million (YoY +2.3%)
Ordinary income¥18,500 million (YoY +1.5%)
Net income¥13,000 million (YoY +1.2%)
Annual Dividend Forecast¥150 → ¥152
Payout ratioCurrent fiscal year 40.2% / Next-year forecast 40.3%
Shareholder Return PolicyProgressive dividends, DOE of 3% or more (fiscal year ending March 2029)
Factors Behind Changes in Business Performance
Transport volumes in the railway sector increased on inbound demand and other factors. Government construction investment and non-residential construction investment remained firm, and the company advanced safety-related, station-facility improvement and infrastructure life-extension projects in its priority business areas.
Disclosure regarding the going concern assumption
No applicable matters
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 0 / Excluded 0 / Company name None
Material subsequent eventsNo applicable matters.
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥3,471 thousand, Gain on sale of investment securities ¥218,271 thousand, Other ¥819 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥33,557 thousand, Other ¥1,693 thousand
Depreciation and amortization¥2,970 million
Orders received and order backlogOrders received ¥145,360 million / Order backlog Civil Engineering Business Carried-forward construction work ¥74,401 million / Building Construction Carried-forward construction work ¥33,689 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End36,100,000 Shares
Treasury Shares at Period-End1,658,239 Shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | ¥163,018 million (YoY +1.9%) |
| Operating profit | ¥17,601 million (YoY +13.4%) |
| Ordinary income | ¥18,220 million (YoY +13.6%) |
| Profit attributable to owners of the parent | ¥12,845 million (YoY +11.1%) |
| Net income per share | ¥372.99 |
| Operating Margin | 10.8% |
| Equity ratio | End of the current fiscal period 65.1 / End of previous period 66 |
| Total assets | ¥203,845 million |
| Net assets | ¥133,975 million |
| Cash flows from operating activities | ¥5,241 million |
| Cash flows from investing activities | ¥-4,899 million |
| Cash flows from financing activities | ¥4,517 million |
| Cash and cash equivalents at end of period | ¥20,574 million |
| Full-year earnings forecast | Net Sales ¥167,000 million (YoY +2.4%) / Operating profit ¥18,000 million (YoY +2.3%) / Ordinary income ¥18,500 million (YoY +1.5%) / Net income ¥13,000 million (YoY +1.2%) |
| Annual Dividend Forecast | ¥150 → ¥152 |
| Payout ratio | Current fiscal year 40.2% / Next-year forecast 40.3% |
| Shareholder Return Policy | Progressive dividends, DOE of 3% or more (fiscal year ending March 2029) |
| Segment revenue | Civil Engineering Business ¥107,980 million (YoY +7.1%) / Building Construction ¥45,905 million (YoY -7.6%) / Other ¥9,132 million (YoY -4.3%) |
| Segment profit | Civil Engineering Business ¥9,829 million (YoY +14.6%) / Building Construction ¥6,367 million (YoY +17.3%) / Other ¥1,400 million (YoY -6.9%) |
| Orders received and order backlog | Orders received ¥145,360 million / Order backlog Civil Engineering Business Carried-forward construction work ¥74,401 million / Building Construction Carried-forward construction work ¥33,689 million |
| Depreciation and amortization | ¥2,970 million |
| Impairment loss | No applicable matters. |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥3,471 thousand, Gain on sale of investment securities ¥218,271 thousand, Other ¥819 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥33,557 thousand, Other ¥1,693 thousand |
| Disclosure regarding the going concern assumption | No applicable matters |
| 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 0 / Excluded 0 / Company name None |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for institutional investors and analysts) |
| Issued Shares at Period-End | 36,100,000 Shares |
| Treasury Shares at Period-End | 1,658,239 Shares |
| Factors Behind Changes in Business Performance | Transport volumes in the railway sector increased on inbound demand and other factors. Government construction investment and non-residential construction investment remained firm, and the company advanced safety-related, station-facility improvement and infrastructure life-extension projects in its priority business areas. |
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.Transport volumes in the railway sector increased on inbound demand and other factors, while government construction investment and non-residential construction investment remained firm. In addition, the company advanced safety-related construction and infrastructure life-extension projects in its priority business areas.
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.