Worth reading
56In focus
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
49.7
% (year-on-year increase in operating income)Wording
Conditional
How definitive the wording is.Results for this period
Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAPNet Sales256,228¥ millionYear on year -2.5%Progress 96.7%
Operating profit34,479¥ millionYear on year +49.7%Progress 95.8%
Ordinary income35,770¥ millionYear on year +52.3%Progress 98.0%
Net income attributable to owners of the parent26,772¥ millionYear on year +53.5%Progress 98.1%
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¥207.33
Operating Margin13.5%
Financial position at period-end
Total assets232,074¥ million
of which net assets 132,879 ¥ millionEquity ratio 56.2%vs. prior year-end +6.5pt
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.
Cash inflows and outflows
Operating+58,437
Investment+415
Financials-28,502
Net change+30,350
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).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 period¥81,925 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥265,000 million (YoY +3.4%)
Operating profit¥36,000 million (YoY +4.4%)
Ordinary income¥36,500 million (YoY +2.0%)
Net income¥27,300 million (YoY +2.0%)
Annual Dividend ForecastNot disclosed → ¥85.00
Payout ratio40.2% (fiscal year ending March 2027 forecast)
Shareholder Return PolicyA minimum payout ratio of 40% and a minimum dividend on equity (DOE) of 4.8%
Factors Behind Changes in Business Performance
Orders received increased to ¥353,102 million, while construction revenue decreased to ¥256,228 million. Operating profit increased due to higher gross profit on completed construction contracts, and ordinary profit increased due to higher operating profit. Net income attributable to owners of the parent included a gain on the sale of investment securities of ¥2,175 million, among other items.
Disclosure regarding the going concern assumption
Not applicable.
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 Yes修正再表示 No
Changes in the scope of consolidationThe number and names of companies newly included in or excluded from consolidation are Not disclosed (there were no material changes to the scope of consolidation during the period).
Material subsequent eventsNot applicable.
Impairment lossNone recorded for the current fiscal year (-)
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥4 million, Gain on sale of investment securities ¥2,175 million, Reversal of allowance for doubtful accounts ¥0 million, Gain on elimination of shares held in a merged company ¥113 million / Extraordinary loss Loss on sale of fixed assets ¥2 million, Loss on Disposal of Fixed Assets ¥2 million, Impairment Loss on Investment Securities ¥570 million
Depreciation and amortization¥1,429 million
Orders received and order backlogOrders received ¥353,102 million / Order backlog ¥355,273 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End137,891,406 shares
Treasury Shares at Period-End8,513,344 shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | ¥256,228 million (YoY -2.5%) |
| Operating profit | ¥34,479 million (YoY +49.7%) |
| Ordinary income | ¥35,770 million (YoY +52.3%) |
| Profit attributable to owners of the parent | ¥26,772 million (YoY +53.5%) |
| Net income per share | ¥207.33 |
| Operating Margin | 13.5% |
| Equity ratio | End of the current fiscal period 56.2% / End of previous period 49.7% |
| Total assets | ¥232,074 million |
| Net assets | ¥132,879 million |
| Cash flows from operating activities | ¥58,437 million |
| Cash flows from investing activities | ¥415 million |
| Cash flows from financing activities | ¥-28,502 million |
| Cash and cash equivalents at end of period | ¥81,925 million |
| Full-year earnings forecast | Net Sales ¥265,000 million (YoY +3.4%) / Operating profit ¥36,000 million (YoY +4.4%) / Ordinary income ¥36,500 million (YoY +2.0%) / Net income ¥27,300 million (YoY +2.0%) |
| Annual Dividend Forecast | Not disclosed → ¥85.00 |
| Payout ratio | 40.2% (fiscal year ending March 2027 forecast) |
| Shareholder Return Policy | A minimum payout ratio of 40% and a minimum dividend on equity (DOE) of 4.8% |
| Orders received and order backlog | Orders received ¥353,102 million / Order backlog ¥355,273 million |
| Depreciation and amortization | ¥1,429 million |
| Impairment loss | None recorded for the current fiscal year (-) |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥4 million, Gain on sale of investment securities ¥2,175 million, Reversal of allowance for doubtful accounts ¥0 million, Gain on elimination of shares held in a merged company ¥113 million / Extraordinary loss Loss on sale of fixed assets ¥2 million, Loss on Disposal of Fixed Assets ¥2 million, Impairment Loss on Investment Securities ¥570 million |
| Disclosure regarding the going concern assumption | Not applicable. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate Yes / Restatement No |
| Changes in the scope of consolidation | The number and names of companies newly included in or excluded from consolidation are Not disclosed (there were no material changes to the scope of consolidation during the period). |
| Material subsequent events | Not applicable. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for institutional investors and analysts) |
| Issued Shares at Period-End | 137,891,406 shares |
| Treasury Shares at Period-End | 8,513,344 shares |
| Factors Behind Changes in Business Performance | Orders received increased to ¥353,102 million, while construction revenue decreased to ¥256,228 million. Operating profit increased due to higher gross profit on completed construction contracts, and ordinary profit increased due to higher operating profit. Net income attributable to owners of the parent included a gain on the sale of investment securities of ¥2,175 million, among other items. |
Items this document does not state (4)
Revision to Earnings ForecastSegment revenueSegment profitRegional sales
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.Operating profit increased due to higher gross profit on completed construction contracts, and ordinary profit increased due to higher operating profit. Net income attributable to owners of the parent included a gain on the sale of investment securities of ¥2,175 million, among other items.
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.