Komori
Earnings1938NIPPON RIETEC CO.,LTD.Construction and Materials

Summary of 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 15.2% year on year, while operating income turned positive at ¥425 million from an operating loss of ¥50 million in the same period of the previous fiscal year. Ordinary income and net income attributable to owners of the parent also increased significantly.

Worth reading
44Recurring
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
15.2
%
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAP
Net Sales14,018¥ millionYear on year +15.2%Progress 18.6%
Operating profit425¥ millionProgress 5.8%
Ordinary income646¥ millionYear on year +475.7%Progress 7.7%
Net income attributable to owners of the parent406¥ millionProgress 6.6%

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¥16.39
Financial position at period-end
Total assets92,480¥ million
of which net assets 67,700 ¥ millionEquity ratio 73.2%vs. prior year-end +4.8pt

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.

Segment revenue
Electrical equipment construction business13,061,31093.2%+14.1%
Ancillary businesses856,4906.1%+36.2%
Real Estate Leasing Business100,6420.7%+0.5%
Segment profit
Electrical equipment construction business1,123,99586.4%+55.3%
Ancillary businesses159,59412.3%+270.7%
Real Estate Leasing Business16,7271.3%+4.6%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥75,300 million (YoY +1.7%)
Operating profit¥7,350 million (YoY +3.3%)
Ordinary income¥8,360 million (YoY +6.9%)
Net income¥6,140 million (YoY +10.6%)
Annual Dividend Forecast¥82 → ¥97(+18.3%)
Factors Behind Changes in Business Performance

Substantial carryover of construction contracts, progress on and completion of projects under construction, increased orders driven by strong construction demand, the effects of higher revenue, ongoing price negotiations, productivity improvements and cost management

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 — companies / Excluded — companies / Company name None
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥1,599 thousand / Extraordinary loss No
Depreciation and amortization¥380,034 thousand
Orders received and order backlogOrders received ¥17,154,558 thousand / Order backlog ¥63,717,334 thousand
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End25,117,717
Treasury Shares at Period-End337,168
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¥14,018 million (YoY +15.2%)
Operating profit¥425 million
Ordinary income¥646 million (YoY +475.7%)
Profit attributable to owners of the parent¥406 million
Net income per share¥16.39
Equity ratioEnd of the current fiscal period 73.2 / End of previous period 68.4
Total assets¥92,480 million
Net assets¥67,700 million
Full-year earnings forecastNet Sales ¥75,300 million (YoY +1.7%) / Operating profit ¥7,350 million (YoY +3.3%) / Ordinary income ¥8,360 million (YoY +6.9%) / Net income ¥6,140 million (YoY +10.6%)
Annual Dividend Forecast¥82 → ¥97(+18.3%)
Segment revenueElectrical equipment construction business ¥13,061,310 thousand (YoY +14.1%) / Ancillary businesses ¥856,490 thousand (YoY +36.2%) / Real Estate Leasing Business ¥100,642 thousand (YoY +0.5%)
Segment profitElectrical equipment construction business ¥1,123,995 thousand (YoY +55.3%) / Ancillary businesses ¥159,594 thousand (YoY +270.7%) / Real Estate Leasing Business ¥16,727 thousand (YoY +4.6%)
Orders received and order backlogOrders received ¥17,154,558 thousand / Order backlog ¥63,717,334 thousand
Depreciation and amortization¥380,034 thousand
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥1,599 thousand / Extraordinary loss No
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 — companies / Excluded — companies / Company name None
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End25,117,717
Treasury Shares at Period-End337,168
Factors Behind Changes in Business PerformanceSubstantial carryover of construction contracts, progress on and completion of projects under construction, increased orders driven by strong construction demand, the effects of higher revenue, ongoing price negotiations, productivity improvements and cost management
Items this document does not state (10)
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 PolicyRegional 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 due to the substantial carryover of construction contracts from the previous fiscal year, progress on and completion of projects under construction, and increased orders driven by strong construction demand. The factors cited on the profit side were the effects of higher revenue, ongoing price negotiations, productivity improvements and cost management.

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Summary of Financial Results for the First Quarter of the Fiscal Year Ending March 2027 (Japanese GAAP) (Consolidated) | NIPPON RIETEC CO.,LTD. (1938) timely disclosure | Komori