Komori
Results1938NIPPON RIETEC CO.,LTD.Construction and Materials

Consolidated Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 (Japanese GAAP)

For the interim period of the fiscal year ending March 2027, net sales, operating profit, ordinary profit and interim net income attributable to owners of the parent all exceeded the same period of the previous year. The full-year earnings forecast and annual dividend forecast were also revised, with the annual dividend forecast set at ¥107.

Worth reading
62In focus
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
1153
¥ million (year-on-year increase in operating profit)
Wording
Definitive
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026–30 September 2026ConsolidatedJapanese GAAP
Net Sales31,491Million yenYear on year +10.0%Progress 40.1%
Operating profit2,628Million yenYear on year +78.2%Progress 32.9%
Ordinary income3,114Million yenYear on year +78.3%Progress 34.6%
Net income attributable to owners of the parent2,088Million yenYear on year +98.9%Progress 29.9%

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¥84.26
Financial position at period-end
Total assets100,190Million yen
of which net assets 69,537 Million yenEquity ratio 69.4%vs. prior year-end +1.0pt

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-3,542,754
Investment-1,158,662
Financials+3,217,745
Net change-1,483,671

Stacked from zero: upward is an increase in cash, downward a decrease (in Thousand yen).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 period6,901,031 Thousand yen
Segment revenueRailway Electrical Facilities 15,452,450 Thousand yen (YoY +8.6%), Road infrastructure 5,040,670 Thousand yen (YoY +24.1%), Indoor and outdoor electrical equipment 2,250,115 Thousand yen (YoY -27.1%), Transmission-line facilities 6,768,399 Thousand yen (YoY +20.4%), Ancillary businesses 1,780,954 Thousand yen (YoY +24.0%), Real Estate Leasing Business 199,380 Thousand yen (YoY +0.1%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales78,500 Million yen (YoY +6.0%)
Operating profit8,000 Million yen (YoY +12.5%)
Ordinary income9,010 Million yen (YoY +15.2%)
Net income6,980 Million yen (YoY +25.7%)
Revision to Earnings ForecastNet Sales Not disclosed → 78,500 Million yen / Operating profit Not disclosed → 8,000 Million yen / Ordinary income Not disclosed → 9,010 Million yen / Net income Not disclosed → 6,980 Million yen
Annual Dividend Forecast82 Yen → 107 Yen(+30.5%)
Factors Behind Changes in Business Performance

Construction carried over from the previous fiscal year and solid orders enabled the smooth progress and completion of projects on hand, resulting in higher sales. Profit increased through the effect of higher sales, improved profitability from price negotiations, digitisation and higher productivity through flexible personnel allocation.

Disclosure regarding the going concern assumption

Not applicable.

Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 None見積りの変更 None修正再表示 None
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name None
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of property, plant and equipment 1,599 Thousand yen / Extraordinary loss Loss on disposal and sale of fixed assets 7,308 Thousand yen, Compensation for damages 35,000 Thousand yen, Other 5,353 Thousand yen
Depreciation and amortization787,329 Thousand yen
Orders received and order backlogOrders received 33,170,628 Thousand yen / Order backlog (carried forward) 63,283,078 Thousand yen
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (participants not specified)
Issued Shares at Period-End25,117,717
Treasury Shares at Period-End297,832
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026–30 September 2026
Net Sales31,491 Million yen (YoY +10.0%)
Operating profit2,628 Million yen (YoY +78.2%)
Ordinary income3,114 Million yen (YoY +78.3%)
Profit attributable to owners of the parent2,088 Million yen (YoY +98.9%)
Net income per share¥84.26
Equity ratioEnd of the current fiscal period 69.4 / End of previous period 68.4
Total assets100,190 Million yen
Net assets69,537 Million yen
Cash flows from operating activities-3,542,754 Thousand yen
Cash flows from investing activities-1,158,662 Thousand yen
Cash flows from financing activities3,217,745 Thousand yen
Cash and cash equivalents at end of period6,901,031 Thousand yen
Full-year earnings forecastNet Sales 78,500 Million yen (YoY +6.0%) / Operating profit 8,000 Million yen (YoY +12.5%) / Ordinary income 9,010 Million yen (YoY +15.2%) / Net income 6,980 Million yen (YoY +25.7%)
Revision to Earnings ForecastNet Sales Not disclosed → 78,500 Million yen / Operating profit Not disclosed → 8,000 Million yen / Ordinary income Not disclosed → 9,010 Million yen / Net income Not disclosed → 6,980 Million yen
Annual Dividend Forecast82 Yen → 107 Yen(+30.5%)
Segment revenueRailway Electrical Facilities 15,452,450 Thousand yen (YoY +8.6%), Road infrastructure 5,040,670 Thousand yen (YoY +24.1%), Indoor and outdoor electrical equipment 2,250,115 Thousand yen (YoY -27.1%), Transmission-line facilities 6,768,399 Thousand yen (YoY +20.4%), Ancillary businesses 1,780,954 Thousand yen (YoY +24.0%), Real Estate Leasing Business 199,380 Thousand yen (YoY +0.1%)
Orders received and order backlogOrders received 33,170,628 Thousand yen / Order backlog (carried forward) 63,283,078 Thousand yen
Depreciation and amortization787,329 Thousand yen
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of property, plant and equipment 1,599 Thousand yen / Extraordinary loss Loss on disposal and sale of fixed assets 7,308 Thousand yen, Compensation for damages 35,000 Thousand yen, Other 5,353 Thousand yen
Disclosure regarding the going concern assumptionNot applicable.
Change in accounting policyChanges due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name None
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (participants not specified)
Issued Shares at Period-End25,117,717
Treasury Shares at Period-End297,832
Factors Behind Changes in Business PerformanceConstruction carried over from the previous fiscal year and solid orders enabled the smooth progress and completion of projects on hand, resulting in higher sales. Profit increased through the effect of higher sales, improved profitability from price negotiations, digitisation and higher productivity through flexible personnel allocation.
Items this document does not state (7)
Operating MarginPayout ratioShareholder Return PolicySegment profitRegional 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.

In addition to construction carried over from the previous fiscal year, the company maintained solid orders, particularly from major customers, and the smooth progress and completion of projects on hand contributed to the increase in sales. On the profit side, the increase in sales, improved profitability through ongoing price negotiations, digitisation and higher productivity through flexible personnel allocation all contributed. The company explained that the full-year forecast was revised based on recent performance trends.

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.