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Results1861Kumagai Gumi Co.,Ltd.Construction and Materials

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

Consolidated net sales from completed construction contracts for the interim period decreased 3.0% year on year, while operating profit increased 42.4% due to an improvement in the gross profit margin. The full-year consolidated earnings forecast remains unchanged.

Worth reading
71In focus
Scored from 4 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
42.4
% (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 Sales215,847¥ millionYear on year -3.0%Progress 43.2%
Operating profit10,505¥ millionYear on year +42.4%Progress 34.0%
Ordinary income10,208¥ millionYear on year +34.9%Progress 32.9%
Net income attributable to owners of the parent6,999¥ millionYear on year +41.3%Progress 34.3%

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.

Financial position at period-end
Total assets439,035¥ million
of which net assets 188,924 ¥ millionEquity ratio 43.0%vs. prior year-end +1.2pt

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-27,683
Investment-3,220
Financials+15,516
Net change-15,387

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¥49,612 million
Segment revenueCivil Engineering Business ¥58,151 million, Building Business ¥101,806 million, Subsidiaries ¥55,889 million
Segment profitCivil Engineering Business ¥2,971 million, Building Business ¥5,678 million, Subsidiaries ¥2,216 million
Regional sales¥156,663 million, ¥4,642 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥500,000 million (YoY +2.5%)
Operating profit¥30,900 million (YoY +14.1%)
Ordinary income¥31,000 million (YoY +14.6%)
Net income¥20,400 million (YoY +1.7%)
Revision to Earnings ForecastNo (unchanged)
Factors Behind Changes in Business Performance

Net sales from completed construction contracts decreased due to factors including a decline in the backlog of construction projects at the beginning of the period, while operating profit increased due to an improvement in the gross profit margin.

Disclosure regarding the going concern assumption

Not applicable

Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥93 million, Gain on sale of membership rights ¥6 million, Other ¥5 million / Extraordinary loss Loss on sale of fixed assets ¥26 million, Loss on disposal of non-current assets ¥38 million, Compensation for damages ¥30 million, Other ¥11 million
Depreciation and amortization¥1,001 million
Orders received and order backlogOrders received ¥135,302 million / Order backlog carried forward to the next period ¥505,829 million
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 Sales¥215,847 million (YoY -3.0%)
Operating profit¥10,505 million (YoY +42.4%)
Ordinary income¥10,208 million (YoY +34.9%)
Profit attributable to owners of the parent¥6,999 million (YoY +41.3%)
Equity ratioEnd of the current fiscal period 43 / End of previous period 41.8
Total assets¥439,035 million
Net assets¥188,924 million
Cash flows from operating activities¥-27,683 million
Cash flows from investing activities¥-3,220 million
Cash flows from financing activities¥15,516 million
Cash and cash equivalents at end of period¥49,612 million
Full-year earnings forecastNet Sales ¥500,000 million (YoY +2.5%) / Operating profit ¥30,900 million (YoY +14.1%) / Ordinary income ¥31,000 million (YoY +14.6%) / Net income ¥20,400 million (YoY +1.7%)
Revision to Earnings ForecastNo (unchanged)
Segment revenueCivil Engineering Business ¥58,151 million, Building Business ¥101,806 million, Subsidiaries ¥55,889 million
Segment profitCivil Engineering Business ¥2,971 million, Building Business ¥5,678 million, Subsidiaries ¥2,216 million
Regional sales¥156,663 million, ¥4,642 million
Orders received and order backlogOrders received ¥135,302 million / Order backlog carried forward to the next period ¥505,829 million
Depreciation and amortization¥1,001 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥93 million, Gain on sale of membership rights ¥6 million, Other ¥5 million / Extraordinary loss Loss on sale of fixed assets ¥26 million, Loss on disposal of non-current assets ¥38 million, Compensation for damages ¥30 million, Other ¥11 million
Disclosure regarding the going concern assumptionNot applicable
Factors Behind Changes in Business PerformanceNet sales from completed construction contracts decreased due to factors including a decline in the backlog of construction projects at the beginning of the period, while operating profit increased due to an improvement in the gross profit margin.
Items this document does not state (13)
Net income per shareOperating MarginAnnual Dividend ForecastPayout ratioShareholder Return PolicyImpairment lossChange in accounting policyChanges in the scope of consolidationMaterial subsequent eventsAvailability of Supplementary Financial Results MaterialsAvailability of Financial Results BriefingIssued Shares at Period-EndTreasury Shares at Period-End

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.

Net sales from completed construction contracts decreased due to factors including a decline in the backlog of construction projects at the beginning of the period, while operating profit increased due to an improvement in the gross profit margin.

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Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | Kumagai Gumi Co.,Ltd. (1861) timely disclosure | Komori