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Earnings1926RAITO KOGYO CO.,LTD.Construction and Materials

Summary of Consolidated Financial Results for the First Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP]

In the first quarter of the fiscal year ending March 2027, net sales decreased 3.3% year on year, while operating income increased 19.5%. The company also revised its year-end dividend forecast to ¥26.50 per share, based on a four-for-one stock split, but the pre-split equivalent is ¥146 annually, representing no substantive change.

Worth reading
51Recurring
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
19.5
% (year-on-year change in operating profit)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAP
Net Sales29,522¥ millionYear on year -3.3%Progress 21.4%
Operating profit3,329¥ millionYear on year +19.5%Progress 19.8%
Ordinary income3,448¥ millionYear on year +22.7%Progress 19.9%
Net income attributable to owners of the parent2,295¥ millionYear on year +17.4%Progress 19.4%

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¥55.41
Financial position at period-end
Total assets115,750¥ million
of which net assets 85,354 ¥ millionEquity ratio 73.0%vs. prior year-end +1.5pt

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.

Segment revenueSegment Construction / Net Sales ¥29,484 million (YoY -3.2%)
Segment profitSegment Construction / Segment profit ¥3,309 million (YoY +18.8%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥138,000 million (YoY -0.9%)
Operating profit¥16,850 million (YoY -2.0%)
Ordinary income¥17,300 million (YoY -2.3%)
Net income¥11,800 million (YoY -5.5%)
Revision to Earnings ForecastNo
Annual Dividend Forecast¥146.00 (previous forecast; previous fiscal year's actual dividend: ¥145.00) → No annual total shown. Pre-split equivalent: ¥146.00 (equivalent to ¥40.00 at the end of the second quarter and ¥106.00 at the end of the fiscal year)
Factors Behind Changes in Business Performance

Orders increased in both the civil engineering and construction fields against a favorable ordering environment. Net sales declined due to a reactionary decrease following large-scale construction projects in the construction business and at the U.S. subsidiary in the previous fiscal year, as well as delays in starting certain projects already under contract. Gross profit and operating income increased as construction profitability improved.

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 companies / Excluded 0 companies / Company name None
Material subsequent eventsAt a meeting of the Board of Directors held on 5 August 2026, the company resolved to conduct a four-for-one stock split of its common shares, with 30 September 2026 as the record date and 1 October as the effective date, amend its Articles of Incorporation and revise its dividend forecast.
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥8 million / Extraordinary loss No applicable matters.
Depreciation and amortization¥719 million
Orders received and order backlogOrders received ¥69,958 million / Construction contracts carried forward to the next period ¥132,403 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNo (no eligible attendees)
Issued Shares at Period-End42,970,450 shares
Treasury Shares at Period-End1,910,051 shares
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 June 2026
Net Sales¥29,522 million (YoY -3.3%)
Operating profit¥3,329 million (YoY +19.5%)
Ordinary income¥3,448 million (YoY +22.7%)
Profit attributable to owners of the parent¥2,295 million (YoY +17.4%)
Net income per share¥55.41
Equity ratioEnd of the current fiscal period 73 / End of previous period 71.5
Total assets¥115,750 million
Net assets¥85,354 million
Full-year earnings forecastNet Sales ¥138,000 million (YoY -0.9%) / Operating profit ¥16,850 million (YoY -2.0%) / Ordinary income ¥17,300 million (YoY -2.3%) / Net income ¥11,800 million (YoY -5.5%)
Revision to Earnings ForecastNo
Annual Dividend Forecast¥146.00 (previous forecast; previous fiscal year's actual dividend: ¥145.00) → No annual total shown. Pre-split equivalent: ¥146.00 (equivalent to ¥40.00 at the end of the second quarter and ¥106.00 at the end of the fiscal year)
Segment revenueSegment Construction / Net Sales ¥29,484 million (YoY -3.2%)
Segment profitSegment Construction / Segment profit ¥3,309 million (YoY +18.8%)
Orders received and order backlogOrders received ¥69,958 million / Construction contracts carried forward to the next period ¥132,403 million
Depreciation and amortization¥719 million
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥8 million / Extraordinary loss No applicable matters.
Disclosure regarding the going concern assumptionNo applicable matters.
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name None
Material subsequent eventsAt a meeting of the Board of Directors held on 5 August 2026, the company resolved to conduct a four-for-one stock split of its common shares, with 30 September 2026 as the record date and 1 October as the effective date, amend its Articles of Incorporation and revise its dividend forecast.
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNo (no eligible attendees)
Issued Shares at Period-End42,970,450 shares
Treasury Shares at Period-End1,910,051 shares
Factors Behind Changes in Business PerformanceOrders increased in both the civil engineering and construction fields against a favorable ordering environment. Net sales declined due to a reactionary decrease following large-scale construction projects in the construction business and at the U.S. subsidiary in the previous fiscal year, as well as delays in starting certain projects already under contract. Gross profit and operating income increased as construction profitability improved.
Items this document does not state (8)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout 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.

Orders increased in both the civil engineering and construction fields against a favorable ordering environment. Net sales declined due to a reactionary decrease following large-scale construction projects in the construction business and at the U.S. subsidiary in the previous fiscal year, as well as delays in starting certain projects already under contract. Gross profit and operating income increased as construction profitability improved. The dividend forecast was revised in connection with the stock split scheduled for 1 October 2026, with no substantive change.

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Summary of Consolidated Financial Results for the First Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP] | RAITO KOGYO CO.,LTD. (1926) timely disclosure | Komori