Worth reading
58In focus
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
18.1
% (year-on-year increase in operating profit)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)2025年4月1日〜2025年9月30日ConsolidatedJapanese GAAPNet Sales164,829¥ millionsYear on year +10.0%Progress 48.2%
Operating profit11,139¥ millionsYear on year +18.1%Progress 51.8%
Ordinary income11,025¥ millionsYear on year +20.2%Progress 52.5%
Net income attributable to owners of the parent7,665¥ millionsYear on year +15.0%Progress 51.1%
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 share97.56円
Financial position at period-end
Total assets303,128¥ millions
of which net assets 107,635 ¥ millionsEquity ratio 35.1%vs. prior year-end -0.5pt
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+18,726
Investment-1,320
Financials-14,672
Net change+2,734
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ millions).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¥44,273 millions
Segment revenueDomestic Civil Engineering Business ¥69,275 millions (YoY +6.1%), Domestic Building Business ¥49,301 millions (YoY -5.7%), Overseas Operations ¥40,701 millions (YoY +56.6%), Other ¥5,551 millions (YoY -11.4%)
Segment profitDomestic Civil Engineering Business ¥7,572 millions (YoY +26.8%), Domestic Building Business ¥3,979 millions (YoY +39.8%), Overseas Operations ¥1,401 millions (YoY -18.8%), Other ¥672 millions (YoY -14.5%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥342,000 millions (YoY +3.5%)
Operating profit¥21,500 millions (YoY +4.3%)
Ordinary income¥21,000 millions (YoY +4.6%)
Net income¥15,000 millions (YoY +0.6%)
Revision to Earnings ForecastNot disclosed → Net Sales 342,000 / Operating profit 21,500 / Ordinary income 21,000 / Net income 15,000
Annual Dividend Forecast¥76 per share → ¥77 per share
Factors Behind Changes in Business Performance
国内土木は前期から繰り越した手持工事が順調に推移し、複数の大型港湾工事の利益率が改善。国内建築は低採算案件が減少し、受注時採算が改善された案件の比率が上昇。海外は大型案件の工事が進捗した一方、過去受注案件の着工遅れ等により工事損失引当金を計上。
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 Yes修正再表示 No
Changes in the scope of consolidation新規0社、除外0社（重要な変更は無）。
Impairment loss当中間期は計上なし（表記「－」）。対象資産なし。
Breakdown of extraordinary income (loss)Extraordinary income Gain on sales of fixed assets ¥26 millions, Gain on Sale of Investment Securities ¥102 millions / Total extraordinary income ¥129 millions / Extraordinary loss Loss on Retirement of Fixed Assets ¥20 millions, 施設利用権評価損 ¥9 millions, Other ¥0 millions / Total extraordinary losses ¥29 millions
Depreciation and amortization¥1,389 millions
Orders received and order backlogOrders received ¥159,523 millions / Order backlog ¥513,114 millions
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Institutional investors and analysts
Issued Shares at Period-End87,978,516
Treasury Shares at Period-End10,281,008
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 2025年4月1日〜2025年9月30日 |
| Net Sales | ¥164,829 millions (YoY +10.0%) |
| Operating profit | ¥11,139 millions (YoY +18.1%) |
| Ordinary income | ¥11,025 millions (YoY +20.2%) |
| Profit attributable to owners of the parent | ¥7,665 millions (YoY +15.0%) |
| Net income per share | 97.56円 |
| Equity ratio | End of the current fiscal period 35.1 / End of previous period 35.6 |
| Total assets | ¥303,128 millions |
| Net assets | ¥107,635 millions |
| Cash flows from operating activities | ¥18,726 millions |
| Cash flows from investing activities | ¥-1,320 millions |
| Cash flows from financing activities | ¥-14,672 millions |
| Cash and cash equivalents at end of period | ¥44,273 millions |
| Full-year earnings forecast | Net Sales ¥342,000 millions (YoY +3.5%) / Operating profit ¥21,500 millions (YoY +4.3%) / Ordinary income ¥21,000 millions (YoY +4.6%) / Net income ¥15,000 millions (YoY +0.6%) |
| Revision to Earnings Forecast | Not disclosed → Net Sales 342,000 / Operating profit 21,500 / Ordinary income 21,000 / Net income 15,000 |
| Annual Dividend Forecast | ¥76 per share → ¥77 per share |
| Segment revenue | Domestic Civil Engineering Business ¥69,275 millions (YoY +6.1%), Domestic Building Business ¥49,301 millions (YoY -5.7%), Overseas Operations ¥40,701 millions (YoY +56.6%), Other ¥5,551 millions (YoY -11.4%) |
| Segment profit | Domestic Civil Engineering Business ¥7,572 millions (YoY +26.8%), Domestic Building Business ¥3,979 millions (YoY +39.8%), Overseas Operations ¥1,401 millions (YoY -18.8%), Other ¥672 millions (YoY -14.5%) |
| Orders received and order backlog | Orders received ¥159,523 millions / Order backlog ¥513,114 millions |
| Depreciation and amortization | ¥1,389 millions |
| Impairment loss | 当中間期は計上なし（表記「－」）。対象資産なし。 |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sales of fixed assets ¥26 millions, Gain on Sale of Investment Securities ¥102 millions / Total extraordinary income ¥129 millions / Extraordinary loss Loss on Retirement of Fixed Assets ¥20 millions, 施設利用権評価損 ¥9 millions, Other ¥0 millions / Total extraordinary losses ¥29 millions |
| Disclosure regarding the going concern assumption | Not applicable. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate Yes / Restatement No |
| Changes in the scope of consolidation | 新規0社、除外0社（重要な変更は無）。 |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Institutional investors and analysts |
| Issued Shares at Period-End | 87,978,516 |
| Treasury Shares at Period-End | 10,281,008 |
| Factors Behind Changes in Business Performance | 国内土木は前期から繰り越した手持工事が順調に推移し、複数の大型港湾工事の利益率が改善。国内建築は低採算案件が減少し、受注時採算が改善された案件の比率が上昇。海外は大型案件の工事が進捗した一方、過去受注案件の着工遅れ等により工事損失引当金を計上。 |
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.国内土木は繰越工事の進捗と大型港湾工事の利益率改善、国内建築は低採算案件の減少と受注時採算の改善により増益となった。海外事業は大型港湾工事の利益貢献があった一方、過去受注案件の着工遅れ等による工事損失引当金を計上した。
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.