Komori
Earnings1929NITTOC CONSTRUCTION CO.,LTD.Construction and Materials

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

In the first quarter of the fiscal year ending March 2027, revenue increased 7.1% year on year and operating profit increased 52.2%, resulting in higher revenue and profit. The full-year earnings forecasts and dividend forecast remain unchanged.

Worth reading
47Recurring
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
52.2
%
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAP
Net Sales18,529¥ millionYear on year +7.1%Progress 23.0%
Operating profit765¥ millionYear on year +52.2%Progress 13.9%
Ordinary income837¥ millionYear on year +47.7%Progress 15.2%
Net income attributable to owners of the parent466¥ millionYear on year +28.6%Progress 12.6%

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¥11.16
Financial position at period-end
Total assets59,542¥ million
of which net assets 37,294 ¥ millionEquity ratio 62.2%vs. prior year-end +1.8pt

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.

Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥80,500 million (YoY -3.9%)
Operating profit¥5,500 million (YoY -5.6%)
Ordinary income¥5,500 million (YoY -8.9%)
Net income¥3,700 million (YoY -11.2%)
Annual Dividend Forecast¥49 → ¥50(+2.0%)
Factors Behind Changes in Business Performance

Revenue increased because the Company had a large volume of carried-over construction projects contributing to the cumulative consolidated results for the first quarter. Profit increased due to higher revenue and the continuation of cost controls from the time orders were received.

Disclosure regarding the going concern assumption

Not applicable.

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 / Name of newly added company Not disclosed / Excluded 0 / Excluded Company Name Not disclosed
Impairment loss¥64 million
Breakdown of extraordinary income (loss)Loss on Disposal of Fixed Assets ¥0 million, Impairment Losses ¥64 million
Depreciation and amortization¥243 million
Orders received and order backlogOrders received First quarter of the current fiscal year 21,944 / Prior-year period 21,814 / Order backlog First quarter of the current fiscal year 61,590 / Prior-year period 65,434
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End41,774,899
Treasury Shares at Period-End5,781
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¥18,529 million (YoY +7.1%)
Operating profit¥765 million (YoY +52.2%)
Ordinary income¥837 million (YoY +47.7%)
Profit attributable to owners of the parent¥466 million (YoY +28.6%)
Net income per share¥11.16
Equity ratioEnd of the current fiscal period 62.2% / End of previous period 60.4%
Total assets¥59,542 million
Net assets¥37,294 million
Full-year earnings forecastNet Sales ¥80,500 million (YoY -3.9%) / Operating profit ¥5,500 million (YoY -5.6%) / Ordinary income ¥5,500 million (YoY -8.9%) / Net income ¥3,700 million (YoY -11.2%)
Annual Dividend Forecast¥49 → ¥50(+2.0%)
Orders received and order backlogOrders received First quarter of the current fiscal year 21,944 / Prior-year period 21,814 / Order backlog First quarter of the current fiscal year 61,590 / Prior-year period 65,434
Depreciation and amortization¥243 million
Impairment loss¥64 million
Breakdown of extraordinary income (loss)Loss on Disposal of Fixed Assets ¥0 million, Impairment Losses ¥64 million
Disclosure regarding the going concern assumptionNot applicable.
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 / Name of newly added company Not disclosed / Excluded 0 / Excluded Company Name Not disclosed
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End41,774,899
Treasury Shares at Period-End5,781
Factors Behind Changes in Business PerformanceRevenue increased because the Company had a large volume of carried-over construction projects contributing to the cumulative consolidated results for the first quarter. Profit increased due to higher revenue and the continuation of cost controls from the time orders were received.
Items this document does not state (12)
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 PolicySegment revenueSegment profitRegional salesMaterial 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.

Revenue increased because the Company had a large volume of carried-over construction projects contributing to the cumulative consolidated results for the first quarter. Profit increased due to higher revenue and the continuation of cost controls from the time orders were received.

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Financial Results for the First Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | NITTOC CONSTRUCTION CO.,LTD. (1929) timely disclosure | Komori