Worth reading
58In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Deterioration
Direction inferred from the company’s description.Scale
-49.9
% (year-on-year change in operating profit)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026–30 September 2026ConsolidatedJapanese GAAPNet Sales29,370¥ millionYear on year -1.0%Progress 45.9%
Operating profit836¥ millionYear on year -49.9%Progress 22.6%
Ordinary income1,008¥ millionYear on year -43.8%Progress 26.0%
Net income attributable to owners of the parent600¥ millionYear on year -54.4%Progress 11.3%
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¥24.14
Financial position at period-end
Total assets48,615¥ million
of which net assets 30,985 ¥ millionEquity ratio 63.7%vs. prior year-end +4.5pt
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-4,670,190
Investment-1,817,114
Financials+2,418,018
Net change-4,069,286
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).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¥14,591,893 thousand
Segment revenue
Japan22,418,81076.3%-5.1%
United States6,188,43821.1%+9.6%
China744,6052.5%+109.6%
Australia18,2230.1%-48.7%
Segment profit
Japan542,498-64.3%
United States512,004+79.9%
China-222,206
Australia3,716-83.4%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥64,000 million (YoY +3.7%)
Operating profit¥3,700 million (YoY -7.0%)
Ordinary income¥3,870 million (YoY -15.8%)
Net income¥5,300 million (YoY +49.3%)
Revision to Earnings ForecastNone
Annual Dividend Forecast179 Yen → 198 Yen（+10.6%）
Factors Behind Changes in Business Performance
Japan reported lower profit due to higher construction costs and reductions in contract amounts for certain large-scale projects. The US reported higher revenue and profit, China reported higher revenue but a segment loss, and Australia reported lower revenue and 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 (no material change)
Breakdown of extraordinary income (loss)Extraordinary income None / Extraordinary loss Loss on sale of non-current assets ¥246 thousand
Depreciation and amortization¥336,341 thousand
Orders received and order backlogOrders received ¥30,459 million (YoY -27.6%) / Order backlog Not disclosed
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (online, for institutional investors and analysts)
Issued Shares at Period-End27,529,948 shares
Treasury Shares at Period-End2,618,300 treasury shares
| 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 | ¥29,370 million (YoY -1.0%) |
| Operating profit | ¥836 million (YoY -49.9%) |
| Ordinary income | ¥1,008 million (YoY -43.8%) |
| Profit attributable to owners of the parent | ¥600 million (YoY -54.4%) |
| Net income per share | ¥24.14 |
| Equity ratio | End of the current fiscal period 63.7 / End of previous period 59.2 |
| Total assets | ¥48,615 million |
| Net assets | ¥30,985 million |
| Cash flows from operating activities | ¥-4,670,190 thousand |
| Cash flows from investing activities | ¥-1,817,114 thousand |
| Cash flows from financing activities | ¥2,418,018 thousand |
| Cash and cash equivalents at end of period | ¥14,591,893 thousand |
| Full-year earnings forecast | Net Sales ¥64,000 million (YoY +3.7%) / Operating profit ¥3,700 million (YoY -7.0%) / Ordinary income ¥3,870 million (YoY -15.8%) / Net income ¥5,300 million (YoY +49.3%) |
| Revision to Earnings Forecast | None |
| Annual Dividend Forecast | 179 Yen → 198 Yen（+10.6%） |
| Segment revenue | Japan ¥22,418,810 thousand (YoY -5.1%) / United States ¥6,188,438 thousand (YoY +9.6%) / China ¥744,605 thousand (YoY +109.6%) / Australia ¥18,223 thousand (YoY -48.7%) |
| Segment profit | Japan ¥542,498 thousand (YoY -64.3%) / United States ¥512,004 thousand (YoY +79.9%) / China ¥-222,206 thousand / Australia ¥3,716 thousand (YoY -83.4%) |
| Orders received and order backlog | Orders received ¥30,459 million (YoY -27.6%) / Order backlog Not disclosed |
| Depreciation and amortization | ¥336,341 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income None / Extraordinary loss Loss on sale of non-current assets ¥246 thousand |
| 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 (no material change) |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (online, for institutional investors and analysts) |
| Issued Shares at Period-End | 27,529,948 shares |
| Treasury Shares at Period-End | 2,618,300 treasury shares |
| Factors Behind Changes in Business Performance | Japan reported lower profit due to higher construction costs and reductions in contract amounts for certain large-scale projects. The US reported higher revenue and profit, China reported higher revenue but a segment loss, and Australia reported lower revenue and profit. |
Items this document does not state (6)
Operating MarginPayout 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.The Japan segment reported lower profit, mainly due to higher construction costs and reductions in contract amounts for certain large-scale projects.
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.