Komori
Results presentation1867UEKI CORPORATIONConstruction and Materials

Supplementary Financial Results Materials for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027

In the first half of the fiscal year ending March 2027, revenue and operating profit both exceeded the year-earlier period, owing to progress on construction projects and the sale of real estate properties. For the full year, however, the company expects higher revenue but lower profit, reflecting higher construction costs.

Worth reading
51Recurring
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
21.5
Year-on-year change in operating profit (%)
Wording
Conditional
How definitive the wording is.

Contents of this document

Supplementary Materials to the Earnings ReportFiscal year ending March 2027, second quarter (first half)8 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales31,733 Million yen+10.4%
Operating profit1,748 Million yen+21.5%
Ordinary income1,802 Million yen+19.9%
Net income1,149 Million yen+19.7%
Gross Profit Margin11.4 %
Operating profit margin5.5 %
Selling, general and administrative expenses1,871 Million yen
Full-year earnings forecast
Net Sales
65,000 Million yen
Operating profit
3,200 Million yen
Ordinary income
3,250 Million yen
Profit attributable to owners of the parent
2,150 Million yen
Progress against full-year forecast　通期の予想に対して、いまどこまで進んだかの割合です。
Net Sales48.8
Operating profit54.6
Ordinary income55.4
Profit attributable to owners of the parent53.4
Construction revenue49.8
Real estate revenue41.5
Revenue from building materials manufacturing and sales63.3
Other revenue40.9
What the company explained in this material
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Qualitative comments were provided regarding material prices, labor costs driven by labor shortages, crude oil prices, the situation in the Middle East and other factors, but the underlying assumptions were not disclosed.
New initiatives
  • Promoting the use of generative AI across the company
  • Developing AI to support on-site operations
  • First uniform redesign in approximately 30 years
  • Introducing new helmets
  • First-time sponsorship of the “Niagara” at Chosei Bridge
Segment results
Construction
Net Sales
27,866 Million yen+6.6%
Operating profit
1,357 Million yen+13.1%
Real Estate
Net Sales
2,073 Million yen+108.3%
Operating profit
282 Million yen+239.8%
Building materials manufacturing and sales
Net Sales
443 Million yen+17.8%
Operating profit
64 Million yen-19.0%
Other
Net Sales
1,349 Million yen+9.6%
Operating profit
87 Million yen-32.6%
Medium-term management plan targets
Payout ratioMaintain a payout ratio of 30% or higher on a consistent, long-term basis
Parental leave utilization rate among male employees100％
Plan periodFiscal years ending March 2026 to March 2028
Number of stores and locations
Number at period-endHead office and 13 other locations
Number of employees
Number of Employees1,005 people
Reference date31 March 2026
Annual Dividend
¥110 per share
Payout ratio
33.6 %
Contents of this document
ItemDetails
Document typeSupplementary Materials to the Earnings Report
Fiscal Period CoveredFiscal year ending March 2027, second quarter (first half)
Net Sales31,733 Million yen (YoY +10.4%)
Operating profit1,748 Million yen (YoY +21.5%)
Ordinary income1,802 Million yen (YoY +19.9%)
Net income1,149 Million yen (YoY +19.7%)
Gross Profit Margin11.4 %
Operating profit margin5.5 %
Selling, general and administrative expenses1,871 Million yen
Full-year earnings forecastNet Sales 65,000 Million yen / Operating profit 3,200 Million yen / Ordinary income 3,250 Million yen / Profit attributable to owners of the parent 2,150 Million yen
Progress against full-year forecastNet Sales 48.8 / Operating profit 54.6 / Ordinary income 55.4 / Profit attributable to owners of the parent 53.4 / Construction revenue 49.8 / Real estate revenue 41.5 / Revenue from building materials manufacturing and sales 63.3 / Other revenue 40.9
Segment resultsConstruction Net Sales 27,866 Million yen (YoY +6.6%) / Operating profit 1,357 Million yen (YoY +13.1%) / Real Estate Net Sales 2,073 Million yen (YoY +108.3%) / Operating profit 282 Million yen (YoY +239.8%) / Building materials manufacturing and sales Net Sales 443 Million yen (YoY +17.8%) / Operating profit 64 Million yen (YoY -19.0%) / Other Net Sales 1,349 Million yen (YoY +9.6%) / Operating profit 87 Million yen (YoY -32.6%)
Number of stores and locationsNumber at period-end Head office and 13 other locations / Number of store openings and closures during the period Not disclosed
Number of employeesNumber of Employees 1,005 people / Reference date 31 March 2026 / Changes during the period and hiring plan Not disclosed
Assumptions Underlying the Business OutlookQualitative comments were provided regarding material prices, labor costs driven by labor shortages, crude oil prices, the situation in the Middle East and other factors, but the underlying assumptions were not disclosed.
Medium-term management plan targetsPayout ratio Maintain a payout ratio of 30% or higher on a consistent, long-term basis / Parental leave utilization rate among male employees 100％ / Plan period Fiscal years ending March 2026 to March 2028
Annual Dividend¥110 per share
Payout ratio33.6 %
New initiativesPromoting the use of generative AI across the company, Developing AI to support on-site operations, First uniform redesign in approximately 30 years, Introducing new helmets, First-time sponsorship of the “Niagara” at Chosei Bridge
Items this document does not state (12)
Results for the three months of the current quarterSelf-assessment against the planBreakdown of Factors Affecting the ChangeKey KPIsUnit price and quantity metricsRisk amount incorporated into the outlookFinancial targetsAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket 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.

In the construction business, projects carried over from the previous fiscal year progressed largely as planned, resulting in higher revenue in both the civil engineering and building divisions. In the real estate business, sales of income-producing properties contributed to performance. Despite the continuing upward trend in construction costs, the gross profit margin remained flat, while appropriate control of selling, general and administrative expenses led to a higher operating profit margin. Regarding the full-year forecast for lower profit, the company cited concerns over surging labor costs caused by higher material prices and labor shortages, as well as possible delivery delays and lower project profitability resulting from the situation in the Middle East and other factors.

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.
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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.
Supplementary Financial Results Materials for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 | UEKI CORPORATION (1867) timely disclosure | Komori