Worth reading
48Recurring
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
26.4
Year-on-year change in operating income (%)Wording
Conditional
How definitive the wording is.Results for this period
First quarter1 January 2026–31 March 2026ConsolidatedJapanese GAAPNet Sales41,864¥ millionYear on year +4.0%Progress 23.8%
Operating profit2,873¥ millionYear on year +26.4%Progress 37.8%
Ordinary income3,001¥ millionYear on year +26.6%Progress 38.5%
Net income attributable to owners of the parent2,008¥ millionYear on year +30.6%Progress 40.2%
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¥242.55
Financial position at period-end
Total assets149,281¥ million
of which net assets 90,198 ¥ millionEquity ratio 60.2%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 revenue
Construction41,20398.4%+4.0%
Real Estate4921.2%+2.1%
Other (outside reportable segments)1680.4%+7.7%
Segment profit
Construction2,88297.4%+29.9%
Real Estate622.1%-20.5%
Other (outside reportable segments)140.5%-12.5%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥175,600 million (YoY +4.5%)
Operating profit¥7,600 million (YoY -2.2%)
Ordinary income¥7,800 million (YoY -4.0%)
Net income¥5,000 million (YoY -9.9%)
Annual Dividend Forecast260 yen per share (simple comparison before and after considering the stock split) → 130 yen per share (simple comparison before and after considering the stock split)（-50.0%）
Factors Behind Changes in Business Performance
Projects in hand progressed steadily without delays in the construction schedule or other issues, consolidated orders received were strong, profit margins in the construction business improved, and construction scheduling and cost management were rigorously controlled. Increases in miscellaneous income, including dividend income and additional interest on consumption tax refunds, as well as an increase in gains on the sale of non-current assets, also boosted profit.
Disclosure regarding the going concern assumption
No applicable matters
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 No修正再表示 No
Changes in the scope of consolidationNew 0 / Excluded 0 / Company name None
Material subsequent eventsAt a meeting of the Board of Directors held on 8 May 2026, the Company resolved to amend its Articles of Incorporation to split each share of common stock into 2 shares, with 30 June 2026 as the record date and 1 July 2026 as the effective date, and to increase the total number of authorized shares from 20 million to 40 million.
Impairment lossNo applicable matters
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥18 million, Other ¥0 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥0 million, Other ¥0 million
Depreciation and amortization¥317 million
Orders received and order backlogOrders received ¥42,587 million / Order backlog Not disclosed
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNone (対象者：Not applicable)
Issued Shares at Period-End8,988,111 shares
Treasury Shares at Period-End706,457 shares
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026–31 March 2026 |
| Net Sales | ¥41,864 million (YoY +4.0%) |
| Operating profit | ¥2,873 million (YoY +26.4%) |
| Ordinary income | ¥3,001 million (YoY +26.6%) |
| Profit attributable to owners of the parent | ¥2,008 million (YoY +30.6%) |
| Net income per share | ¥242.55 |
| Equity ratio | End of the current fiscal period 60.2 / End of previous period 60.9 |
| Total assets | ¥149,281 million |
| Net assets | ¥90,198 million |
| Full-year earnings forecast | Net Sales ¥175,600 million (YoY +4.5%) / Operating profit ¥7,600 million (YoY -2.2%) / Ordinary income ¥7,800 million (YoY -4.0%) / Net income ¥5,000 million (YoY -9.9%) |
| Annual Dividend Forecast | 260 yen per share (simple comparison before and after considering the stock split) → 130 yen per share (simple comparison before and after considering the stock split)（-50.0%） |
| Segment revenue | Construction ¥41,203 million (YoY +4.0%) / Real Estate ¥492 million (YoY +2.1%) / Other (outside reportable segments) ¥168 million (YoY +7.7%) |
| Segment profit | Construction ¥2,882 million (YoY +29.9%) / Real Estate ¥62 million (YoY -20.5%) / Other (outside reportable segments) ¥14 million (YoY -12.5%) |
| Orders received and order backlog | Orders received ¥42,587 million / Order backlog Not disclosed |
| Depreciation and amortization | ¥317 million |
| Impairment loss | No applicable matters |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥18 million, Other ¥0 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥0 million, Other ¥0 million |
| Disclosure regarding the going concern assumption | No applicable matters |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New 0 / Excluded 0 / Company name None |
| Material subsequent events | At a meeting of the Board of Directors held on 8 May 2026, the Company resolved to amend its Articles of Incorporation to split each share of common stock into 2 shares, with 30 June 2026 as the record date and 1 July 2026 as the effective date, and to increase the total number of authorized shares from 20 million to 40 million. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | None (対象者：Not applicable) |
| Issued Shares at Period-End | 8,988,111 shares |
| Treasury Shares at Period-End | 706,457 shares |
| Factors Behind Changes in Business Performance | Projects in hand progressed steadily without delays in the construction schedule or other issues, consolidated orders received were strong, profit margins in the construction business improved, and construction scheduling and cost management were rigorously controlled. Increases in miscellaneous income, including dividend income and additional interest on consumption tax refunds, as well as an increase in gains on the sale of non-current assets, also boosted profit. |
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 periodRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional sales
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.Projects in hand progressed steadily without delays in the construction schedule or other issues, consolidated orders received were strong, profit margins in the construction business improved, and construction scheduling and cost management were rigorously controlled.
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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.