Komori
Results1888WAKACHIKU CONSTRUCTION CO.,LTD.Construction and Materials

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

For the interim period of the fiscal year ending March 2027, revenue increased 24.2% year on year as large-scale construction projects progressed at a high level, while operating profit increased 180.1% due to higher gross profit on completed construction contracts and improved productivity. The full-year earnings forecast was left unchanged, and the annual dividend forecast was increased by ¥10 from the previous fiscal year's actual dividend.

Worth reading
41Recurring
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
180.1
% (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 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales56,401¥ millionYear on year +24.2%Progress 48.6%
Operating profit4,373¥ millionYear on year +180.1%Progress 61.6%
Ordinary income4,358¥ millionYear on year +198.8%Progress 67.0%
Net income attributable to owners of the parent2,877¥ millionYear on year +206.9%Progress 65.4%

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 share¥225.81
Financial position at period-end
Total assets111,541¥ million
of which net assets 55,657 ¥ millionEquity ratio 49.2%vs. prior year-end +5.1pt

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.

Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥116,000 million (YoY +10.7%)
Operating profit¥7,100 million (YoY +6.8%)
Ordinary income¥6,500 million (YoY +1.1%)
Net income¥4,400 million (YoY +0.7%)
Annual Dividend Forecast¥135 → ¥145(+7.4%)
Factors Behind Changes in Business Performance

Revenue increased as large-scale construction projects continued to progress at a high level. Operating profit and other measures increased due to higher gross profit on completed construction contracts associated with higher revenue and improved productivity. Selling, general and administrative expenses increased as investment in DX and human capital was expanded.

Disclosure regarding the going concern assumption

None applicable

Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 None見積りの変更 None修正再表示 None
Changes in the scope of consolidationNo significant changes
Material subsequent eventsNot applicable
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥1 million, Gain on sale of golf club memberships ¥2 million / Extraordinary loss Loss on disposal of property, plant and equipment ¥3 million, Loss on sale of property, plant and equipment ¥3 million, Other ¥2 million
Orders received and order backlogOrders received ¥51,279 million / Order backlog ¥146,249 million
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingNo (no eligible participants)
Issued Shares at Period-End12,964,993 shares
Treasury Shares at Period-End211,472 shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 September 2026
Net Sales¥56,401 million (YoY +24.2%)
Operating profit¥4,373 million (YoY +180.1%)
Ordinary income¥4,358 million (YoY +198.8%)
Profit attributable to owners of the parent¥2,877 million (YoY +206.9%)
Net income per share¥225.81
Equity ratioEnd of the current fiscal period 49.2% / End of previous period 44.1%
Total assets¥111,541 million
Net assets¥55,657 million
Full-year earnings forecastNet Sales ¥116,000 million (YoY +10.7%) / Operating profit ¥7,100 million (YoY +6.8%) / Ordinary income ¥6,500 million (YoY +1.1%) / Net income ¥4,400 million (YoY +0.7%)
Annual Dividend Forecast¥135 → ¥145(+7.4%)
Orders received and order backlogOrders received ¥51,279 million / Order backlog ¥146,249 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥1 million, Gain on sale of golf club memberships ¥2 million / Extraordinary loss Loss on disposal of property, plant and equipment ¥3 million, Loss on sale of property, plant and equipment ¥3 million, Other ¥2 million
Disclosure regarding the going concern assumptionNone applicable
Change in accounting policyChanges due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None
Changes in the scope of consolidationNo significant changes
Material subsequent eventsNot applicable
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingNo (no eligible participants)
Issued Shares at Period-End12,964,993 shares
Treasury Shares at Period-End211,472 shares
Factors Behind Changes in Business PerformanceRevenue increased as large-scale construction projects continued to progress at a high level. Operating profit and other measures increased due to higher gross profit on completed construction contracts associated with higher revenue and improved productivity. Selling, general and administrative expenses increased as investment in DX and human capital was expanded.
Items this document does not state (13)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesDepreciation and amortizationImpairment loss

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.

Large-scale construction projects continued to progress at a high level, while gross profit on completed construction contracts increased with higher revenue and productivity improved. Selling, general and administrative expenses increased as investment in DX and human capital was expanded.

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.