Komori
Results1951EXEO Group,Inc.Construction and Materials

Summary of 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, revenue rose 7.8% year on year and operating profit increased 50.6%, resulting in substantial growth in both revenue and profit. The full-year forecasts were left unchanged, while the annual dividend forecast was raised from ¥68 for the previous fiscal year to ¥80.

Worth reading
51Recurring
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
50.6
% (year-on-year change in operating profit)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales346,471¥ millionYear on year +7.8%Progress 46.2%
Operating profit24,707¥ millionYear on year +50.6%Progress 44.1%
Ordinary income24,469¥ millionYear on year +52.0%Progress 44.9%
Net income attributable to owners of the parent15,430¥ millionYear on year +50.6%Progress 43.5%

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¥75.84
Financial position at period-end
Total assets646,498¥ million
of which net assets 356,423 ¥ millionEquity ratio 54.4%vs. prior year-end +4.9pt

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 and cash equivalents at end of period¥59,778 million
Segment revenueTelecommunications Infrastructure ¥126,293 million (YoY +4.9%), Social infrastructure ¥104,352 million (YoY +9.1%), System Solutions ¥115,825 million (YoY +10.0%)
Segment profitTelecommunications Infrastructure ¥13,231 million (YoY +21.0%), Social infrastructure ¥5,592 million (YoY +324.3%), System Solutions ¥5,882 million (YoY +41.8%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥750,000 million (YoY -4.8%)
Operating profit¥56,000 million (YoY +7.7%)
Ordinary income¥54,500 million (YoY +3.4%)
Net income¥35,500 million (YoY +14.4%)
Revision to Earnings ForecastNone
Annual Dividend Forecast68 Yen → 80 Yen
Factors Behind Changes in Business Performance

Strong performance in optical-fiber construction, telecom operators’ capital investment, and electrical work for large-scale data centers, development buildings and energy-storage facilities, together with contributions from business efficiency improvements, cost efficiency improvements, selective order acceptance, a shift of resources to high-value-added areas and strong performance in the refurbishment business, contributed to results.

Disclosure regarding the going concern assumption

No applicable matters.

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 / Excluded 0 / Company name Not applicable
Material subsequent eventsOn 19 October 2026, the company entered into a ¥21 billion syndicated loan agreement. At a meeting of the Board of Directors held on 6 November 2026, it resolved to issue ¥10 billion in straight bonds and cancel 2,000,000 treasury shares.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities ¥514 million / Extraordinary loss Not disclosed
Orders received and order backlogOrders received ¥436,792 million (YoY +3.6%) / Order backlog Not disclosed
Availability of Supplementary Financial Results MaterialsHeld
Availability of Financial Results BriefingWhether applicable Held / Subject person Not disclosed
Issued Shares at Period-End205,624,838
Treasury Shares at Period-End2,566,031
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 September 2026
Net Sales¥346,471 million (YoY +7.8%)
Operating profit¥24,707 million (YoY +50.6%)
Ordinary income¥24,469 million (YoY +52.0%)
Profit attributable to owners of the parent¥15,430 million (YoY +50.6%)
Net income per share¥75.84
Equity ratioEnd of the current fiscal period 54.4 / End of previous period 49.5
Total assets¥646,498 million
Net assets¥356,423 million
Cash and cash equivalents at end of period¥59,778 million
Full-year earnings forecastNet Sales ¥750,000 million (YoY -4.8%) / Operating profit ¥56,000 million (YoY +7.7%) / Ordinary income ¥54,500 million (YoY +3.4%) / Net income ¥35,500 million (YoY +14.4%)
Revision to Earnings ForecastNone
Annual Dividend Forecast68 Yen → 80 Yen
Segment revenueTelecommunications Infrastructure ¥126,293 million (YoY +4.9%), Social infrastructure ¥104,352 million (YoY +9.1%), System Solutions ¥115,825 million (YoY +10.0%)
Segment profitTelecommunications Infrastructure ¥13,231 million (YoY +21.0%), Social infrastructure ¥5,592 million (YoY +324.3%), System Solutions ¥5,882 million (YoY +41.8%)
Orders received and order backlogOrders received ¥436,792 million (YoY +3.6%) / Order backlog Not disclosed
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities ¥514 million / Extraordinary loss Not disclosed
Disclosure regarding the going concern assumptionNo applicable matters.
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 / Excluded 0 / Company name Not applicable
Material subsequent eventsOn 19 October 2026, the company entered into a ¥21 billion syndicated loan agreement. At a meeting of the Board of Directors held on 6 November 2026, it resolved to issue ¥10 billion in straight bonds and cancel 2,000,000 treasury shares.
Availability of Supplementary Financial Results MaterialsHeld
Availability of Financial Results BriefingWhether applicable Held / Subject person Not disclosed
Issued Shares at Period-End205,624,838
Treasury Shares at Period-End2,566,031
Factors Behind Changes in Business PerformanceStrong performance in optical-fiber construction, telecom operators’ capital investment, and electrical work for large-scale data centers, development buildings and energy-storage facilities, together with contributions from business efficiency improvements, cost efficiency improvements, selective order acceptance, a shift of resources to high-value-added areas and strong performance in the refurbishment business, contributed to results.
Items this document does not state (9)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesPayout ratioShareholder Return PolicyRegional salesDepreciation and amortizationImpairment loss

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.

Optical-fiber construction and telecom operators’ capital investment remained strong in communications infrastructure, while electrical work for large-scale data centers, development buildings and energy-storage facilities performed well in social infrastructure. In addition, the company pursued business efficiency improvements, cost efficiency improvements, selective order acceptance, a shift of resources to high-value-added areas, and a refurbishment business for used GPU servers.

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Summary of Consolidated Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 (Japanese GAAP) | EXEO Group,Inc. (1951) timely disclosure | Komori