Results for this period
Full year1 April 2025–31 March 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.
Domestic civil engineering revenue increased as major projects, particularly large-scale port construction projects, progressed steadily. Profit increased due to higher revenue and an improved gross profit margin. Domestic building revenue declined because large projects received in prior periods were completed and construction of the large logistics facilities ordered during the current period had not yet reached full scale. Profit nevertheless increased due to a decline in low-margin projects and a higher proportion of projects with improved profitability at the time of order intake. Overseas revenue and profit increased due to progress on major projects in Southeast Asia and Africa and profit contributions from a large-scale port construction project in Africa.
Not applicable.
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | ¥358,697 million (YoY +8.5%) |
| Operating profit | ¥24,199 million (YoY +17.3%) |
| Ordinary income | ¥24,600 million (YoY +22.6%) |
| Profit attributable to owners of the parent | ¥19,361 million (YoY +29.9%) |
| Net income per share | ¥248.40 |
| Operating Margin | 6.7% |
| Equity ratio | End of the current fiscal period 38.2% / End of previous period 35.6% |
| Total assets | ¥305,435 million |
| Net assets | ¥117,926 million |
| Cash flows from operating activities | ¥48,006 million |
| Cash flows from investing activities | ¥-1,542 million |
| Cash flows from financing activities | ¥-39,122 million |
| Cash and cash equivalents at end of period | ¥49,231 million |
| Full-year earnings forecast | Net Sales ¥360,000 million (YoY +0.4%) / Operating profit ¥21,100 million (YoY -12.8%) / Ordinary income ¥20,800 million (YoY -15.5%) / Net income ¥14,500 million (YoY -25.1%) |
| Annual Dividend Forecast | ¥100 → ¥77 |
| Payout ratio | 40.3% |
| Shareholder Return Policy | The Company will maintain a dividend payout ratio of at least 40% and secure stable dividends. Share buybacks will be conducted flexibly based on the business environment and financial position. |
| Segment revenue | Domestic Civil Engineering Business ¥156,001 million (YoY +10.6%) / Domestic Construction Business ¥94,250 million (YoY -14.6%) / Overseas Business ¥92,337 million (YoY +40.5%) |
| Segment profit | Domestic Civil Engineering Business ¥13,717 million (YoY +4.0%) / Domestic Construction Business ¥8,169 million (YoY +27.2%) / Overseas Business ¥7,527 million (YoY +77.9%) |
| Regional sales | Domestic ¥244,719 million (YoY -0.6%) / Overseas expansion ¥92,140 million (YoY +40.2%) |
| Orders received and order backlog | Orders received ¥338,723 million (YoY -4.3%) / Order backlog ¥512,957 million (YoY -0.8%) |
| Depreciation and amortization | ¥3,013 million |
| Impairment loss | ¥188 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥27 million, Gain on sale of investment securities ¥1,402 million / Extraordinary loss Loss on sale of fixed assets ¥16 million, Loss on Disposal of Fixed Assets ¥124 million, Impairment Losses ¥188 million, Other ¥23 million |
| 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 | Added: 0 companies; excluded: 0 companies. There were no material changes to the scope of consolidation during the period. |
| Material subsequent events | Not applicable. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for institutional investors and analysts) |
| Issued Shares at Period-End | 87,978,516 shares |
| Treasury Shares at Period-End | 10,661,736 shares |
| Factors Behind Changes in Business Performance | Domestic civil engineering revenue increased as major projects, particularly large-scale port construction projects, progressed steadily. Profit increased due to higher revenue and an improved gross profit margin. Domestic building revenue declined because large projects received in prior periods were completed and construction of the large logistics facilities ordered during the current period had not yet reached full scale. Profit nevertheless increased due to a decline in low-margin projects and a higher proportion of projects with improved profitability at the time of order intake. Overseas revenue and profit increased due to progress on major projects in Southeast Asia and Africa and profit contributions from a large-scale port construction project in Africa. |
Items this document does not state (1)
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.Profit increased due to the steady progress of large-scale port construction projects and other major overseas projects, as well as a decline in low-margin domestic building projects and a higher proportion of projects with improved profitability at the time of order intake. For the next fiscal year, the Company expects operating profit to decline as it prioritizes the completion of its substantial order backlog while actively investing in human resources and digital transformation.