Komori
Earnings1946TOENEC CORPORATIONConstruction and Materials

Q1 Financial Results for the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

Net sales were virtually flat, increasing 0.4% year on year, while operating income rose 47.6% and profit attributable to owners of the parent for the quarter increased 113.4%, representing significant improvement. Orders received also increased 31.5%, while the recording of ¥3,000 million in settlement proceeds received also contributed to earnings.

Worth reading
50Recurring
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
47.6
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 Sales61,395million yenYear on year +0.4%Progress 21.5%
Operating profit5,062million yenYear on year +47.6%Progress 21.1%
Ordinary income4,880million yenYear on year +44.5%Progress 20.8%
Net income attributable to owners of the parent4,387million yenYear on year +113.4%Progress 24.4%

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¥46.94
Financial position at period-end
Total assets296,704million yen
of which net assets 156,250 million yenEquity ratio 52.6%vs. prior year-end +3.5pt

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 revenueFacilities construction 56,979 million yen (YoY +0.6%), Energy Business 3,140 million yen (YoY -6.7%), Other (outside reportable segments) 1,274 million yen (YoY +12.6%)
Segment profitFacilities construction 6,414 million yen (YoY +54.2%), Energy Business 816 million yen (YoY -26.0%), Other (outside reportable segments) 204 million yen (YoY +75.9%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales285,000 million yen (YoY +4.6%)
Operating profit24,000 million yen (YoY +12.0%)
Ordinary income23,500 million yen (YoY +3.8%)
Net income18,000 million yen (YoY +1.1%)
Annual Dividend Forecast76 yen → 76 yen(0.0%)
Factors Behind Changes in Business Performance

Revenue increased despite a decline in revenue from indoor wiring construction, mainly due to an increase in the volume of power distribution line construction. Profit increased due to improved construction profitability and the recognition of settlement proceeds, among other factors.

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 Not disclosed
Breakdown of extraordinary income (loss)Extraordinary income Settlement proceeds received 3,000 million yen / Extraordinary loss Loss on disposal and sale of non-current assets 21 million yen
Depreciation and amortization2,700 million yen
Orders received and order backlogOrders received 74,858 million yen / Ending backlog 161,421 million yen
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End96,649,950 Shares
Treasury Shares at Period-End3,184,577 Shares
Supplementary financial results materialsYes
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 June 2026
Net Sales61,395 million yen (YoY +0.4%)
Operating profit5,062 million yen (YoY +47.6%)
Ordinary income4,880 million yen (YoY +44.5%)
Profit attributable to owners of the parent4,387 million yen (YoY +113.4%)
Net income per share¥46.94
Equity ratioEnd of the current fiscal period 52.6 / End of previous period 49.1
Total assets296,704 million yen
Net assets156,250 million yen
Full-year earnings forecastNet Sales 285,000 million yen (YoY +4.6%) / Operating profit 24,000 million yen (YoY +12.0%) / Ordinary income 23,500 million yen (YoY +3.8%) / Net income 18,000 million yen (YoY +1.1%)
Annual Dividend Forecast76 yen → 76 yen(0.0%)
Segment revenueFacilities construction 56,979 million yen (YoY +0.6%), Energy Business 3,140 million yen (YoY -6.7%), Other (outside reportable segments) 1,274 million yen (YoY +12.6%)
Segment profitFacilities construction 6,414 million yen (YoY +54.2%), Energy Business 816 million yen (YoY -26.0%), Other (outside reportable segments) 204 million yen (YoY +75.9%)
Orders received and order backlogOrders received 74,858 million yen / Ending backlog 161,421 million yen
Depreciation and amortization2,700 million yen
Breakdown of extraordinary income (loss)Extraordinary income Settlement proceeds received 3,000 million yen / Extraordinary loss Loss on disposal and sale of non-current assets 21 million yen
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 Not disclosed
Supplementary financial results materialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End96,649,950 Shares
Treasury Shares at Period-End3,184,577 Shares
Factors Behind Changes in Business PerformanceRevenue increased despite a decline in revenue from indoor wiring construction, mainly due to an increase in the volume of power distribution line construction. Profit increased due to improved construction profitability and the recognition of settlement proceeds, among other factors.
Items this document does not state (11)
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 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.

Although net sales from indoor wiring work declined, revenue increased due mainly to higher volumes of distribution-line construction work. Profit increased due to improved project profitability and the recording of settlement proceeds received.

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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Q1 Financial Results for the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | TOENEC CORPORATION (1946) timely disclosure | Komori