Results for this period
Interim period (second quarter)1 January 2026–30 June 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.
Construction projects, particularly large private-sector building projects, progressed steadily. Steady construction of contracted projects, a higher profit margin in the construction business, improved construction profitability and appropriate cost management resulted in higher revenue and profit. Ordinary income also benefited from increases in dividends received and miscellaneous income, while interim net income attributable to owners of the parent benefited from the recognition of a reversal of the provision for loss on litigation and an increase in gains on sales of non-current assets.
No applicable matters.
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026–30 June 2026 |
| Net Sales | ¥88,862 million (YoY +14.7%) |
| Operating profit | ¥5,819 million (YoY +61.8%) |
| Ordinary income | ¥6,074 million (YoY +59.8%) |
| Profit attributable to owners of the parent | ¥4,380 million (YoY +71.4%) |
| Net income per share | ¥264.84 |
| Equity ratio | End of the current fiscal period 59.4 / End of previous period 60.9 |
| Total assets | ¥155,974 million |
| Net assets | ¥92,969 million |
| Cash flows from operating activities | ¥14,950 million |
| Cash flows from investing activities | ¥-793 million |
| Cash flows from financing activities | ¥-2,422 million |
| Cash and cash equivalents at end of period | ¥42,554 million |
| Full-year earnings forecast | Net Sales ¥190,500 million (YoY +13.4%) / Operating profit ¥9,300 million (YoY +19.7%) / Ordinary income ¥9,600 million (YoY +18.1%) / Profit attributable to owners of the parent ¥6,400 million (YoY +15.4%) |
| Revision to Earnings Forecast | Not disclosed → Net Sales 190,500 / Operating profit 9,300 / Ordinary income 9,600 / Profit attributable to owners of the parent 6,400 |
| Annual Dividend Forecast | ¥260 per share → ¥140 per share（+7.7%） |
| Shareholder Return Policy | The Company targets a dividend payout ratio of 50% for FY2030 and will maintain its base dividend. It plans to repurchase approximately ¥5 billion of its own shares over 5 years. It also targets an ROE of 8.5% for FY2035. |
| Segment revenue | Construction ¥87,121 million (YoY +14.4%) / Real estate ¥1,392 million (YoY +37.4%) |
| Segment profit | Construction ¥5,657 million (YoY +63.5%) / Real estate ¥216 million (YoY +14.3%) |
| Orders received and order backlog | Orders received Consolidated; interim-period actual ¥93,970 million (YoY -14.1%) / Non-consolidated; interim-period actual ¥52,482 million (YoY -28.5%) / Consolidated; full-year forecast ¥172,500 million (YoY -10.7%) / Non-consolidated; full-year forecast ¥100,400 million (YoY -18.7%) / Order backlog Not disclosed |
| Depreciation and amortization | ¥700 million |
| Impairment loss | No applicable matters |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥21 million, Reversal of provision for litigation losses ¥248 million, Other ¥0 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥1 million, Impairment Loss on Investment Securities ¥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 | No (0 additions, 0 exclusions) |
| Material subsequent events | A stock split of 1 common share into 2 shares and an amendment to the Articles of Incorporation, effective 1 July 2026. At a Board of Directors meeting held on 6 August 2026, the Company resolved to repurchase up to 526,000 treasury shares for a total acquisition cost of up to ¥2 billion. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 17,976,222 shares |
| Treasury Shares at Period-End | 1,576,162 shares |
| Factors Behind Changes in Business Performance | Construction projects, particularly large private-sector building projects, progressed steadily. Steady construction of contracted projects, a higher profit margin in the construction business, improved construction profitability and appropriate cost management resulted in higher revenue and profit. Ordinary income also benefited from increases in dividends received and miscellaneous income, while interim net income attributable to owners of the parent benefited from the recognition of a reversal of the provision for loss on litigation and an increase in gains on sales of non-current assets. |
Items this document does not state (3)
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.Steady progress on contracted projects, improved construction profitability and appropriate cost management were cited as factors behind the increase in profit. The upward revision to the full-year forecast reflects order intake at certain consolidated subsidiaries exceeding plan, steady progress on construction projects and an increase in gross profit on completed construction contracts due in part to a reduction in loss-making construction projects. The dividend increase is intended to enhance shareholder returns and raise the base dividend level.