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Results1847ICHIKEN Co.,Ltd.Construction and Materials

Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

For the interim period of the fiscal year ending March 2027, net sales increased 18.3% year on year and operating profit increased 103.8%, while ordinary profit and interim net income attributable to owners of the parent also nearly doubled. The full-year earnings forecast and dividend forecast remain unchanged from the latest published figures.

Worth reading
48Recurring
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
103.8
Year-on-year change in operating profit (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026–30 September 2026ConsolidatedJapanese GAAP
Net Sales58,200Millions of yenYear on year +18.3%Progress 52.9%
Operating profit7,598Millions of yenYear on year +103.8%Progress 69.1%
Ordinary income7,602Millions of yenYear on year +104.0%Progress 69.7%
Net income attributable to owners of the parent5,139Millions of yenYear on year +103.6%

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¥354.03
Financial position at period-end
Total assets73,010Millions of yen
of which net assets 44,283 Millions of yenEquity ratio 60.6%vs. prior year-end +6.9pt

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+7,612
Investment-2,140
Financials-2,688
Net change+2,784

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 period17,446 Millions of yen
Segment revenueConstruction Business 49,385 Millions of yen (YoY +0.6%), Real Estate Business 8,814 Millions of yen
Segment profitConstruction Business 5,940 Millions of yen (YoY +20.4%), Real Estate Business 2,981 Millions of yen
Outlook and shareholder returns
Full-year earnings forecast
Net Sales110,000 Millions of yen (YoY +3.6%)
Operating profit11,000 Millions of yen (YoY +21.8%)
Ordinary income10,900 Millions of yen (YoY +21.7%)
Profit attributable to owners of parent7,300 Millions of yen (YoY +13.9%)
Revision to Earnings ForecastNet Sales 110,000 / Operating profit 11,000 / Ordinary income 10,900 / Profit attributable to owners of parent 7,300 → No change(No)
Annual Dividend Forecast¥230 per share → ¥180 per share(-21.7%)
Factors Behind Changes in Business Performance

Against a backdrop of a gradual economic recovery, solid government construction investment and resilient private-sector capital investment, the company leveraged its expertise in commercial facility construction and its planning and proposal capabilities to actively pursue orders in response to demand from stores and other facilities and accommodation facilities.

Disclosure regarding the going concern assumption

Not applicable

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 consolidation0 additions and 0 exclusions (no company names)
Impairment lossNo impairment loss during the current interim period
Breakdown of extraordinary income (loss)Extraordinary income None (¥0 million) / Extraordinary loss Not disclosed
Depreciation and amortization103 Millions of yen
Orders received and order backlogOrders received 53,142 Millions of yen / Order backlog carried forward to the next period 107,331 Millions of yen
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End14,568,800 shares
Treasury Shares at Period-End52,199 shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026–30 September 2026
Net Sales58,200 Millions of yen (YoY +18.3%)
Operating profit7,598 Millions of yen (YoY +103.8%)
Ordinary income7,602 Millions of yen (YoY +104.0%)
Profit attributable to owners of the parent5,139 Millions of yen (YoY +103.6%)
Net income per share¥354.03
Equity ratioEnd of the current fiscal period 60.6% / End of previous period 53.7%
Total assets73,010 Millions of yen
Net assets44,283 Millions of yen
Cash flows from operating activities7,612 Millions of yen
Cash flows from investing activities-2,140 Millions of yen
Cash flows from financing activities-2,688 Millions of yen
Cash and cash equivalents at end of period17,446 Millions of yen
Full-year earnings forecastNet Sales 110,000 Millions of yen (YoY +3.6%) / Operating profit 11,000 Millions of yen (YoY +21.8%) / Ordinary income 10,900 Millions of yen (YoY +21.7%) / Profit attributable to owners of parent 7,300 Millions of yen (YoY +13.9%)
Revision to Earnings ForecastNet Sales 110,000 / Operating profit 11,000 / Ordinary income 10,900 / Profit attributable to owners of parent 7,300 → No change(No)
Annual Dividend Forecast¥230 per share → ¥180 per share(-21.7%)
Segment revenueConstruction Business 49,385 Millions of yen (YoY +0.6%), Real Estate Business 8,814 Millions of yen
Segment profitConstruction Business 5,940 Millions of yen (YoY +20.4%), Real Estate Business 2,981 Millions of yen
Orders received and order backlogOrders received 53,142 Millions of yen / Order backlog carried forward to the next period 107,331 Millions of yen
Depreciation and amortization103 Millions of yen
Impairment lossNo impairment loss during the current interim period
Breakdown of extraordinary income (loss)Extraordinary income None (¥0 million) / Extraordinary loss Not disclosed
Disclosure regarding the going concern assumptionNot applicable
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidation0 additions and 0 exclusions (no company names)
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End14,568,800 shares
Treasury Shares at Period-End52,199 shares
Factors Behind Changes in Business PerformanceAgainst a backdrop of a gradual economic recovery, solid government construction investment and resilient private-sector capital investment, the company leveraged its expertise in commercial facility construction and its planning and proposal capabilities to actively pursue orders in response to demand from stores and other facilities and accommodation facilities.
Items this document does not state (5)
Operating MarginPayout ratioShareholder Return PolicyRegional salesMaterial 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.

This was because, against a backdrop of an economic recovery and solid government construction investment, the company leveraged its expertise in commercial facility construction and its planning and proposal capabilities to actively pursue orders in response to demand for new construction, interior finishing and renovation work for stores and other facilities, as well as construction of accommodation facilities.

How to read this page

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | ICHIKEN Co.,Ltd. (1847) timely disclosure | Komori