Results for this period
Full year1 April 2025 to 31 March 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.
In Japan, results exceeded the plan due to orders for large-scale highway repair work and power-related construction in Hokkaido, despite delays in the start of construction and intensifying competition for orders. In the United States, the Company lost an order for environmental protection work at an aging dam, but the fourth train of the LNG refining plant site ground-improvement project was ordered ahead of schedule. Net sales decreased because most of the U.S. construction work consisted of detailed design and test construction, while operating income decreased due to lower net sales. Ordinary income increased due to dividend income received and foreign exchange gains, while net income increased due to gains on the sale of investment securities.
No applicable matters.
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025 to 31 March 2026 |
| Net Sales | ¥27,353 million (YoY -9.7%) |
| Operating profit | ¥1,455 million (YoY -23.0%) |
| Ordinary income | ¥2,094 million (YoY +8.8%) |
| Profit attributable to owners of the parent | ¥1,659 million (YoY +15.3%) |
| Net income per share | ¥89.65 |
| Operating Margin | Current fiscal year 5.3 % / Previous period 6.3 % |
| Equity ratio | End of the current fiscal period 64.1 % / End of previous period 72.2 % |
| Total assets | ¥38,548 million |
| Net assets | ¥24,718 million |
| Cash flows from operating activities | ¥102 million |
| Cash flows from investing activities | ¥-783 million |
| Cash flows from financing activities | ¥1,813 million |
| Cash and cash equivalents at end of period | ¥5,239 million |
| Full-year earnings forecast | Net Sales ¥32,300 million (YoY +18.1%) / Operating profit ¥1,820 million (YoY +25.0%) / Ordinary income ¥2,060 million (YoY -1.6%) / Net income ¥1,510 million (YoY -9.0%) |
| Annual Dividend Forecast | ¥30 per share → ¥30 per share（0.0%） |
| Payout ratio | Actual results for the current fiscal year 33.5 % / Next-year forecast 36.3 % |
| Shareholder Return Policy | The Company targets a payout ratio of at least 30% and seeks to return profits to shareholders in line with its performance. |
| Regional sales | Japan Current fiscal year ¥20,834,528 thousand / Previous period ¥20,018,916 thousand / United States Current fiscal year ¥6,519,216 thousand / Previous period ¥10,260,711 thousand |
| Orders received and order backlog | Orders received Actual results for the current fiscal year ¥29,992 million / Next-year forecast ¥27,610 million / Order backlog Not disclosed |
| Depreciation and amortization | ¥1,262,834 thousand |
| Impairment loss | ¥18,500 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥4,390 thousand, Gain on sale of investment securities ¥173,315 thousand / Extraordinary loss Impairment Losses ¥18,500 thousand, Loss on sale of investment securities ¥2,342 thousand, Loss on Disposal of Fixed Assets ¥9,789 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 companies / Excluded 0 companies / Company name None |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for institutional investors and analysts) |
| Issued Shares at Period-End | 29,346,400 Shares |
| Treasury Shares at Period-End | 11,054,766 Shares |
| Factors Behind Changes in Business Performance | In Japan, results exceeded the plan due to orders for large-scale highway repair work and power-related construction in Hokkaido, despite delays in the start of construction and intensifying competition for orders. In the United States, the Company lost an order for environmental protection work at an aging dam, but the fourth train of the LNG refining plant site ground-improvement project was ordered ahead of schedule. Net sales decreased because most of the U.S. construction work consisted of detailed design and test construction, while operating income decreased due to lower net sales. Ordinary income increased due to dividend income received and foreign exchange gains, while net income increased due to gains on the sale of investment securities. |
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.At the U.S. subsidiary, most of the LNG refining plant site ground-improvement work, which made a significant contribution to results in the previous fiscal year, consisted of detailed design and test construction, resulting in net sales below the previous fiscal year's level. Operating income decreased due to lower net sales at certain domestic branches and the U.S. subsidiary. Ordinary income increased due to dividend income received and foreign exchange gains, while net income increased due to gains on the sale of investment securities.