Worth reading
48Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
3
% (year-on-year change in net sales)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026–30 September 2026ConsolidatedJapanese GAAPNet Sales44,272¥ millionYear on year +3.0%Progress 43.1%
Operating profit2,210¥ millionYear on year -0.6%Progress 33.0%
Ordinary income2,189¥ millionYear on year -0.9%Progress 33.2%
Net income attributable to owners of the parent1,381¥ millionYear on year -8.1%
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 share¥37.71
Financial position at period-end
Total assets80,467¥ million
of which net assets 44,254 ¥ millionEquity ratio 55.0%vs. prior year-end +2.7pt
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.
Cash inflows and outflows
Operating+4,656
Investment-903
Financials-1,269
Net change+2,484
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.
Cash and cash equivalents at end of period¥16,921 million
Segment revenue
Construction Business34,03166.9%
Pavement Materials Manufacturing and Sales business16,30332.1%
Other5221.0%
Segment profit
Construction Business2,87467.8%
Pavement Materials Manufacturing and Sales business1,26829.9%
Other952.2%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥102,700 million (YoY +7.8%)
Operating profit¥6,700 million (YoY +4.4%)
Ordinary income¥6,600 million (YoY +5.1%)
Profit attributable to owners of the parent¥4,700 million (YoY +0.7%)
Net income per share¥128.18
Annual Dividend Forecast¥71 → ¥75（+5.6%）
Factors Behind Changes in Business Performance
Public investment remained solid, while asphalt prices stayed elevated. In response to soaring raw material and fuel prices, the company worked to secure earnings by passing through higher costs through discussions with customers.
Disclosure regarding the going concern assumption
None
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 (0 additions, 0 exclusions)
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of property, plant and equipment ¥6 million, Gain on receipt of government subsidies ¥0 million / Extraordinary loss Loss on disposal of property, plant and equipment ¥7 million, Loss on reduction of non-current assets ¥0 million
Depreciation and amortization¥930 million
Orders received and order backlogConsolidated orders received ¥51,866 million (YoY -2.7%) / Individual company orders received ¥48,926 million (YoY -2.7%) / Order backlog Not disclosed
Availability of Supplementary Financial Results MaterialsNone
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End37,424,507
Treasury Shares at Period-End756,720
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026–30 September 2026 |
| Net Sales | ¥44,272 million (YoY +3.0%) |
| Operating profit | ¥2,210 million (YoY -0.6%) |
| Ordinary income | ¥2,189 million (YoY -0.9%) |
| Profit attributable to owners of the parent | ¥1,381 million (YoY -8.1%) |
| Net income per share | ¥37.71 |
| Equity ratio | End of the current fiscal period 55 / End of previous period 52.3 |
| Total assets | ¥80,467 million |
| Net assets | ¥44,254 million |
| Cash flows from operating activities | ¥4,656 million |
| Cash flows from investing activities | ¥-903 million |
| Cash flows from financing activities | ¥-1,269 million |
| Cash and cash equivalents at end of period | ¥16,921 million |
| Full-year earnings forecast | Net Sales ¥102,700 million (YoY +7.8%) / Operating profit ¥6,700 million (YoY +4.4%) / Ordinary income ¥6,600 million (YoY +5.1%) / Profit attributable to owners of the parent ¥4,700 million (YoY +0.7%) / Net income per share ¥128.18 |
| Annual Dividend Forecast | ¥71 → ¥75（+5.6%） |
| Segment revenue | Segment Construction Business / Net Sales ¥34,031 million (YoY +3.0%) / Revenue, including intersegment transactions ¥34,031 million (YoY +3.0%) / Revenue from external customers ¥34,031 million (YoY +3.0%), Segment Pavement Materials Manufacturing and Sales business / Net Sales ¥16,303 million (YoY +3.2%) / Revenue from external customers ¥10,191 million (YoY +3.3%), Segment Other / Net Sales ¥522 million (YoY +1.6%) / Revenue from external customers ¥49 million (YoY -29.0%) |
| Segment profit | Segment Construction Business / Segment profit ¥2,874 million (YoY +7.4%), Segment Pavement Materials Manufacturing and Sales business / Segment profit ¥1,268 million (YoY -9.1%), Segment Other / Segment profit ¥95 million (YoY -16.5%) |
| Orders received and order backlog | Consolidated orders received ¥51,866 million (YoY -2.7%) / Individual company orders received ¥48,926 million (YoY -2.7%) / Order backlog Not disclosed |
| Depreciation and amortization | ¥930 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of property, plant and equipment ¥6 million, Gain on receipt of government subsidies ¥0 million / Extraordinary loss Loss on disposal of property, plant and equipment ¥7 million, Loss on reduction of non-current assets ¥0 million |
| Disclosure regarding the going concern assumption | None |
| Change in accounting policy | Changes due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None |
| Changes in the scope of consolidation | No (0 additions, 0 exclusions) |
| Availability of Supplementary Financial Results Materials | None |
| Availability of Financial Results Briefing | Available (for institutional investors and analysts) |
| Issued Shares at Period-End | 37,424,507 |
| Treasury Shares at Period-End | 756,720 |
| Factors Behind Changes in Business Performance | Public investment remained solid, while asphalt prices stayed elevated. In response to soaring raw material and fuel prices, the company worked to secure earnings by passing through higher costs through discussions with customers. |
Items this document does not state (7)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesImpairment lossMaterial 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.Although public investment remained solid, asphalt prices stayed elevated. The company explained that it worked to secure earnings by passing through higher costs through discussions with customers in response to soaring raw material and fuel prices.
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.