Worth reading
59In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
17
Year-on-year decrease in operating income (%)Wording
Conditional
How definitive the wording is.Contents of this document
Earnings presentationSecond quarter (interim period) of the fiscal year ending March 20279 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales70,118 Millions of yen+8.1%
Operating profit4,464 Millions of yen-17.0%
Ordinary income5,038 Millions of yen-13.5%
Net income5,365 Millions of yen+34.7%
Gross Profit Margin15.2 %
Operating profit margin6.4 %
Results for the three months of the current quarter
Completed construction
34,605 Millions of yen
Gross profit on completed construction
6,630 Millions of yen
Operating profit
3,508 Millions of yen
Ordinary income
3,576 Millions of yen
Net income
2,626 Millions of yen
Full-year earnings forecast
Orders received
180,000 Millions of yen
Completed construction
160,000 Millions of yen
Gross profit on completed construction
29,000 Millions of yen
Operating profit
16,000 Millions of yen
Ordinary income
16,500 Millions of yen
Net income
12,800 Millions of yen
Carried-forward construction orders
168,747 Millions of yen
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Profitability improved in the second quarter alone, in line with the plan at the beginning of the period.Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Performance-based bonus expense
13.3 Increase in hundred-million yen
New initiatives
- Share buyback of up to 1 million shares and ¥3.5 billion
- Deployment of generative AI Copilot to all employees
- Launch of the in-house AI agent
- Operational validation of DiverCell® as a pediatric outpatient examination room
- Participation as a collaborating institution in the JAXA Space Strategy Fund project
- Planned introduction of ConstraX at 4 new sites
Key KPIsA metric the company considers important as a management benchmark.
- Orders received112,520 Millions of yenYear on year against the same period last year+6.5%
- Carried-forward construction orders191,149 Millions of yenYear on year against the same period last year+14.7%
- Construction revenue per hour7.4 % increase
- In-house AI agent6 Projects
- Volume of CO₂ reduction proposals29,075 t-CO₂e
- Engagement assessment61.3 Score
- Number of sites implementing SNK-SOLNet22 Site
- Market launch of new themes1 Deals
Medium-term management plan targets
Fiscal 2029
Orders received¥220 billion
Completed construction¥200 billion
Operating profit¥24 billion
Operating profit margin12.0％
Net income¥18 billion
ROEAt least 18%
Carried-forward construction orders¥200 billion or more
Financial targets
ROE
FY2026 forecastAt least 16%
FY2029 targetAt least 18%
Operating profit margin
FY2026 forecast10.0％
FY2029 target12.0％
Policy-held shares as a percentage of net assets
FY2029 year-end targetBelow 20%
Orders received and order backlog
Orders received
112,520 Millions of yen
Carried-forward construction orders
191,149 Millions of yen
Annual Dividend
¥120 per share
Interim¥60 (confirmed)
End of period¥60 (forecast)
Acquisition of treasury shares
¥3.5 billion (maximum)
Number of Shares1 million shares (maximum)
Period13 November 2026 to 31 March 2027
| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | Second quarter (interim period) of the fiscal year ending March 2027 |
| Net Sales | 70,118 Millions of yen (YoY +8.1%) |
| Operating profit | 4,464 Millions of yen (YoY -17.0%) |
| Ordinary income | 5,038 Millions of yen (YoY -13.5%) |
| Net income | 5,365 Millions of yen (YoY +34.7%) |
| Gross Profit Margin | 15.2 % |
| Operating profit margin | 6.4 % |
| Results for the three months of the current quarter | Completed construction 34,605 Millions of yen / Gross profit on completed construction 6,630 Millions of yen / Operating profit 3,508 Millions of yen / Ordinary income 3,576 Millions of yen / Net income 2,626 Millions of yen |
| Full-year earnings forecast | Orders received 180,000 Millions of yen / Completed construction 160,000 Millions of yen / Gross profit on completed construction 29,000 Millions of yen / Operating profit 16,000 Millions of yen / Ordinary income 16,500 Millions of yen / Net income 12,800 Millions of yen / Carried-forward construction orders 168,747 Millions of yen |
| Self-assessment against the plan | Profitability improved in the second quarter alone, in line with the plan at the beginning of the period. |
| Breakdown of Factors Affecting the Change | Performance-based bonus expense 13.3 Increase in hundred-million yen |
| Key KPIs | Orders received 112,520 Millions of yen, Carried-forward construction orders 191,149 Millions of yen, Construction revenue per hour 7.4 % increase, In-house AI agent 6 Projects, Volume of CO₂ reduction proposals 29,075 t-CO₂e, Engagement assessment 61.3 Score, Number of sites implementing SNK-SOLNet 22 Site, Market launch of new themes 1 Deals |
| Medium-term management plan targets | Fiscal 2029 Orders received ¥220 billion / Completed construction ¥200 billion / Operating profit ¥24 billion / Operating profit margin 12.0％ / Net income ¥18 billion / ROE At least 18% / Carried-forward construction orders ¥200 billion or more |
| Financial targets | ROE FY2026 forecast At least 16% / FY2029 target At least 18% / Operating profit margin FY2026 forecast 10.0％ / FY2029 target 12.0％ / Policy-held shares as a percentage of net assets FY2029 year-end target Below 20% |
| Annual Dividend | ¥120 per share |
| Acquisition of treasury shares | Number of Shares 1 million shares (maximum) / Amount ¥3.5 billion (maximum) / Period 13 November 2026 to 31 March 2027 |
| Orders received and order backlog | Orders received 112,520 Millions of yen / Carried-forward construction orders 191,149 Millions of yen |
| New initiatives | Share buyback of up to 1 million shares and ¥3.5 billion, Deployment of generative AI Copilot to all employees, Launch of the in-house AI agent, Operational validation of DiverCell® as a pediatric outpatient examination room, Participation as a collaborating institution in the JAXA Space Strategy Fund project, Planned introduction of ConstraX at 4 new sites |
Items this document does not state (12)
Selling, general and administrative expensesProgress against full-year forecastSegment resultsUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookPayout ratioCapital expendituresMarket Size / ShareKey points of the Q&A
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.Construction revenue benefited from progress on large-scale development projects and production facilities, including semiconductor-related facilities. Operating profit and ordinary profit declined due mainly to the increase in the provision for performance-linked bonuses. Interim net income increased due to gains on the sale of investment securities.
How to read this page
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