Worth reading
48Recurring
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
174.8
% (year-on-year change in operating income for the interim period)Wording
Definitive
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAPNet Sales90,067¥ millionYear on year +14.9%Progress 37.2%
Operating profit7,480¥ millionYear on year +174.8%Progress 31.3%
Ordinary income8,527¥ millionYear on year +136.4%Progress 33.2%
Net income attributable to owners of the parent5,472¥ millionYear on year +93.2%Progress 29.6%
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¥94.31
Financial position at period-end
Total assets290,343¥ million
of which net assets 221,965 ¥ millionEquity ratio 71.3%vs. prior year-end +6.7pt
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 revenueRailway electrical construction ¥49,326 million (YoY +11.2%), General electrical construction ¥25,076 million (YoY +23.5%), Information and communications construction ¥10,479 million (YoY +12.4%), Environmental and energy construction ¥1,951 million (YoY -2.0%), Related businesses, etc. ¥3,233 million (YoY +33.4%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥242,310 million (YoY +5.7%)
Operating profit¥23,890 million (YoY +1.4%)
Ordinary income¥25,710 million (YoY +1.7%)
Net income¥18,470 million (YoY +2.3%)
Revision to Earnings ForecastNo
Annual Dividend Forecast¥124 → ¥127（+2.4%）
Factors Behind Changes in Business Performance
Efficient execution of the substantial backlog of construction projects brought forward, securing orders for new projects, and steady progress on highly profitable projects. Demand for facilities construction expanded due to railway companies' investments in safe and reliable transport, redevelopment and data center construction, and renewal work for aging buildings.
Disclosure regarding the going concern assumption
No applicable items
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 consolidationAdded: 0 companies; excluded: 0 companies
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥0 million, Gain on sale of investment securities ¥431 million, Subsidy income ¥23 million / Extraordinary loss Loss on disposal and sale of property, plant and equipment ¥8 million, Loss on reduction of non-current asset acquisition costs ¥23 million, Relocation compensation ¥397 million
Orders received and order backlogOrders received ¥142,673 million / Order backlog ¥2,779 100 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End59,537,219 shares
Treasury Shares at Period-End2,365,173 treasury shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥90,067 million (YoY +14.9%) |
| Operating profit | ¥7,480 million (YoY +174.8%) |
| Ordinary income | ¥8,527 million (YoY +136.4%) |
| Profit attributable to owners of the parent | ¥5,472 million (YoY +93.2%) |
| Net income per share | ¥94.31 |
| Equity ratio | End of the current fiscal period 71.3 / End of previous period 64.6 |
| Total assets | ¥290,343 million |
| Net assets | ¥221,965 million |
| Full-year earnings forecast | Net Sales ¥242,310 million (YoY +5.7%) / Operating profit ¥23,890 million (YoY +1.4%) / Ordinary income ¥25,710 million (YoY +1.7%) / Net income ¥18,470 million (YoY +2.3%) |
| Revision to Earnings Forecast | No |
| Annual Dividend Forecast | ¥124 → ¥127（+2.4%） |
| Segment revenue | Railway electrical construction ¥49,326 million (YoY +11.2%), General electrical construction ¥25,076 million (YoY +23.5%), Information and communications construction ¥10,479 million (YoY +12.4%), Environmental and energy construction ¥1,951 million (YoY -2.0%), Related businesses, etc. ¥3,233 million (YoY +33.4%) |
| Orders received and order backlog | Orders received ¥142,673 million / Order backlog ¥2,779 100 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥0 million, Gain on sale of investment securities ¥431 million, Subsidy income ¥23 million / Extraordinary loss Loss on disposal and sale of property, plant and equipment ¥8 million, Loss on reduction of non-current asset acquisition costs ¥23 million, Relocation compensation ¥397 million |
| Disclosure regarding the going concern assumption | No applicable items |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | Added: 0 companies; excluded: 0 companies |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for institutional investors and analysts) |
| Issued Shares at Period-End | 59,537,219 shares |
| Treasury Shares at Period-End | 2,365,173 treasury shares |
| Factors Behind Changes in Business Performance | Efficient execution of the substantial backlog of construction projects brought forward, securing orders for new projects, and steady progress on highly profitable projects. Demand for facilities construction expanded due to railway companies' investments in safe and reliable transport, redevelopment and data center construction, and renewal work for aging buildings. |
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 periodPayout ratioShareholder Return PolicySegment profitRegional salesDepreciation and amortizationImpairment 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.The Group efficiently carried out its substantial backlog of construction projects brought forward from the previous consolidated fiscal year and worked across the Group to secure orders for new projects. In addition to the steady progress of highly profitable projects, demand for facilities construction expanded, driven by investments by railway companies in safe and reliable transport, redevelopment and data center construction, and renewal work for aging infrastructure.
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.