Results for this period
Interim period (second quarter)1 April 2026–30 September 2026ConsolidatedJapanese GAAPThe 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.
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.
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.
Orders received decreased 2.2% year on year, revenue decreased 5.9%, and gross profit increased 3.0%. Building reported lower revenue and a slight increase in segment profit, while Civil Engineering and Other reported higher revenue and higher profit. Public- and private-sector construction investment and demand for renovation remained firm, while upward pressure on construction costs continued due to rising material prices and labor costs, the international situation, higher crude oil prices and inflation, and labor shortages.
No applicable matters (none applicable)
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026–30 September 2026 |
| Net Sales | ¥81,778 million (YoY -5.9%) |
| Operating profit | ¥4,976 million (YoY +9.6%) |
| Ordinary income | ¥4,959 million (YoY +12.2%) |
| Profit attributable to owners of the parent | ¥3,361 million (YoY +9.5%) |
| Net income per share | ¥41.83 |
| Equity ratio | End of the current fiscal period 44.9 / End of previous period 42.1 |
| Total assets | ¥110,275 million |
| Net assets | ¥50,143 million |
| Cash flows from operating activities | ¥6,497 million |
| Cash flows from investing activities | ¥-361 million |
| Cash flows from financing activities | ¥-4,373 million |
| Cash and cash equivalents at end of period | ¥25,578 million |
| Full-year earnings forecast | Net Sales ¥175,500 million (YoY +0.1%) / Operating profit ¥7,780 million (YoY +7.9%) / Ordinary income ¥7,530 million (YoY +6.8%) / Net income ¥5,180 million (YoY -0.0%) |
| Annual Dividend Forecast | 45 yen → 45 yen（0.0%） |
| Segment revenue | Building Construction ¥66,222 million (YoY -7.7%) / Civil Engineering ¥13,648 million (YoY +1.9%) / Other ¥1,907 million (YoY +8.9%) |
| Segment profit | Building Construction ¥7,948 million (YoY +0.2%) / Civil Engineering ¥1,843 million (YoY +15.4%) / Other ¥407 million (YoY +15.4%) |
| Orders received and order backlog | Orders received ¥129,856 million (YoY -2.2%) / Order backlog Not disclosed |
| Depreciation and amortization | ¥478 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Item Gain on sale of property, plant and equipment / Amount ¥2 million, Item Other / Amount ¥0 million / Extraordinary loss Item Loss on disposal of non-current assets / Amount ¥0 million, Item Loss on sale of investment securities / Amount ¥0 million |
| Disclosure regarding the going concern assumption | No applicable matters (none applicable) |
| 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 1 / Name of newly added company T３ International Pte. Ltd. / Excluded 0 / Excluded Company Name Not disclosed / Cover page disclosure No material changes |
| Material subsequent events | The company additionally acquired shares in its consolidated subsidiary SINGAPORE PAINTS & CONTRACTOR PTE. LTD. and made it a wholly owned subsidiary on 1 October 2026. The consideration was SGD 3,253 thousand. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Not disclosed |
| Issued Shares at Period-End | 79,886,290 |
| Treasury Shares at Period-End | 288,195 |
| Factors Behind Changes in Business Performance | Orders received decreased 2.2% year on year, revenue decreased 5.9%, and gross profit increased 3.0%. Building reported lower revenue and a slight increase in segment profit, while Civil Engineering and Other reported higher revenue and higher profit. Public- and private-sector construction investment and demand for renovation remained firm, while upward pressure on construction costs continued due to rising material prices and labor costs, the international situation, higher crude oil prices and inflation, and labor shortages. |
Items this document does not state (6)
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 company explained that public- and private-sector construction investment and demand for renovation remained firm. At the same time, it said that upward pressure on construction costs continued due to rising material prices and labor costs, the international situation, higher crude oil prices and inflation, and labor shortages. In terms of results, revenue from Building decreased, while revenue and segment profit from Civil Engineering and Other increased, resulting in higher gross profit.