Worth reading
55In 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
20.5
% (year-on-year change in operating profit)Wording
Conditional
How definitive the wording is.Results for this period
Third quarter1 April 2025 to 31 December 2025ConsolidatedJapanese GAAPNet Sales256,720¥ millionsYear on year +7.0%Progress 74.4%
Operating profit19,790¥ millionsYear on year +20.5%Progress 85.7%
Ordinary income20,250¥ millionsYear on year +23.9%Progress 86.5%
Net income attributable to owners of the parent14,302¥ millionsYear on year +22.0%Progress 80.3%
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.
Net income per share183.00円
Financial position at period-end
Total assets300,734¥ millions
of which net assets 110,649 ¥ millionsEquity ratio 36.3%vs. prior year-end +0.7pt
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.
Segment revenueDomestic Civil Engineering Business ¥110,744 millions (YoY +5.4%), Domestic Building Business ¥71,161 millions (YoY -10.6%), Overseas Operations ¥66,074 millions (YoY +45.4%)
Segment profitDomestic Civil Engineering Business ¥11,891 millions (YoY +16.3%), Domestic Building Business ¥5,663 millions (YoY +25.0%), Overseas Operations ¥4,978 millions (YoY +51.4%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥345,000 millions (YoY +4.4%)
Operating profit¥23,100 millions (YoY +12.0%)
Ordinary income¥23,400 millions (YoY +16.6%)
Net income¥17,800 millions (YoY +19.4%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥345,000 millions / Operating profit Not disclosed → ¥23,100 millions / Ordinary income Not disclosed → ¥23,400 millions / Net income Not disclosed → ¥17,800 millions
Annual Dividend Forecast¥76 per share → ¥92 per share
Factors Behind Changes in Business Performance
国内土木は手持工事が順調に進捗し、売上高の増加および粗利益率の改善により増益。国内建築は低採算案件の減少や受注時採算が改善された案件比率の上昇により増益。海外事業は東南アジア・アフリカの大型案件の進捗と大型港湾工事の利益貢献により増収増益。
Disclosure regarding the going concern assumption
No applicable items
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 consolidationNew 0 companies / Excluded 0 companies / Company name None
Impairment loss－
Breakdown of extraordinary income (loss)Extraordinary income Gain on sales of fixed assets ¥26 millions, Gain on Sale of Investment Securities ¥558 millions / Extraordinary loss Loss on sale of non-current assets ¥13 millions, Loss on Retirement of Fixed Assets ¥77 millions, 施設利用権評価損 ¥9 millions, Other ¥9 millions
Depreciation and amortization¥2,153 millions
Orders received and order backlog個別受注高（当第3四半期累計） ¥257,910 millions / 個別受注残高（当第3四半期末） ¥522,740 millions / 個別通期受注高予想 ¥325,000 millions
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End87,978,516
Treasury Shares at Period-End10,673,128
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025 to 31 December 2025 |
| Net Sales | ¥256,720 millions (YoY +7.0%) |
| Operating profit | ¥19,790 millions (YoY +20.5%) |
| Ordinary income | ¥20,250 millions (YoY +23.9%) |
| Profit attributable to owners of the parent | ¥14,302 millions (YoY +22.0%) |
| Net income per share | 183.00円 |
| Equity ratio | End of the current fiscal period 36.3 / End of previous period 35.6 |
| Total assets | ¥300,734 millions |
| Net assets | ¥110,649 millions |
| Full-year earnings forecast | Net Sales ¥345,000 millions (YoY +4.4%) / Operating profit ¥23,100 millions (YoY +12.0%) / Ordinary income ¥23,400 millions (YoY +16.6%) / Net income ¥17,800 millions (YoY +19.4%) |
| Revision to Earnings Forecast | Net Sales Not disclosed → ¥345,000 millions / Operating profit Not disclosed → ¥23,100 millions / Ordinary income Not disclosed → ¥23,400 millions / Net income Not disclosed → ¥17,800 millions |
| Annual Dividend Forecast | ¥76 per share → ¥92 per share |
| Segment revenue | Domestic Civil Engineering Business ¥110,744 millions (YoY +5.4%), Domestic Building Business ¥71,161 millions (YoY -10.6%), Overseas Operations ¥66,074 millions (YoY +45.4%) |
| Segment profit | Domestic Civil Engineering Business ¥11,891 millions (YoY +16.3%), Domestic Building Business ¥5,663 millions (YoY +25.0%), Overseas Operations ¥4,978 millions (YoY +51.4%) |
| Orders received and order backlog | 個別受注高（当第3四半期累計） ¥257,910 millions / 個別受注残高（当第3四半期末） ¥522,740 millions / 個別通期受注高予想 ¥325,000 millions |
| Depreciation and amortization | ¥2,153 millions |
| Impairment loss | － |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sales of fixed assets ¥26 millions, Gain on Sale of Investment Securities ¥558 millions / Extraordinary loss Loss on sale of non-current assets ¥13 millions, Loss on Retirement of Fixed Assets ¥77 millions, 施設利用権評価損 ¥9 millions, Other ¥9 millions |
| Disclosure regarding the going concern assumption | No applicable items |
| 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 | New 0 companies / Excluded 0 companies / Company name None |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 87,978,516 |
| Treasury Shares at Period-End | 10,673,128 |
| Factors Behind Changes in Business Performance | 国内土木は手持工事が順調に進捗し、売上高の増加および粗利益率の改善により増益。国内建築は低採算案件の減少や受注時採算が改善された案件比率の上昇により増益。海外事業は東南アジア・アフリカの大型案件の進捗と大型港湾工事の利益貢献により増収増益。 |
Items this document does not state (9)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout 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.会社は通期業績予想の修正理由を「最近の業績動向を踏まえ」と説明している。セグメント別では、国内土木は手持工事の順調な進捗、国内建築は低採算案件の減少や受注時採算が改善した案件比率の上昇、海外事業は大型港湾工事の利益貢献を理由として挙げている。配当については、業績見通しの修正および財政状態等を総合的に勘案したとしている。
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.