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
15.6
% (year-on-year change in operating income)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 October 2025–31 March 2026ConsolidatedJapanese GAAPNet Sales49,046¥ millionYear on year +5.9%Progress 50.6%
Operating profit4,620¥ millionYear on year +15.6%Progress 79.7%
Ordinary income5,121¥ millionYear on year +21.4%Progress 91.4%
Net income attributable to owners of the parent3,500¥ millionYear on year +22.1%
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¥290.62
Financial position at period-end
Total assets95,260¥ million
of which net assets 30,772 ¥ millionEquity ratio 32.1%vs. prior year-end -4.3pt
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-9,591,528
Investment-654,816
Financials+13,240,533
Net change+2,994,189
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).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¥12,817,879 thousand
Segment revenueInfrastructure and Management Services Business ¥40,204,501 thousand (YoY +4.8%), Environmental Management Business ¥7,698,453 thousand (YoY +13.3%), Other Businesses ¥1,143,105 thousand (YoY +4.2%)
Segment profitInfrastructure and Management Services Business ¥3,526,788 thousand (YoY +4.1%), Environmental Management Business ¥924,074 thousand (YoY +100.1%), Other Businesses ¥168,349 thousand (YoY +28.8%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥97,000 million (YoY +1.7%)
Operating profit¥5,800 million (YoY +3.2%)
Ordinary income¥5,600 million (YoY -3.1%)
Profit attributable to owners of the parent¥3,850 million (YoY +0.8%)
Annual Dividend Forecast¥240 → ¥125（-47.9%）
Factors Behind Changes in Business Performance
In Japan, disaster prevention and mitigation-related hardware and software measures, as well as maintenance and management services for roads, rivers and ports, remained firm. Overseas, infrastructure development demand in developing countries was strong, and an additional contract was signed for a large-scale rail project.
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 / Excluded 0 / Company name None
Impairment lossNone recorded (no applicable items in the segment information)
Breakdown of extraordinary income (loss)No recognition
Depreciation and amortization¥436,315 thousand
Orders received and order backlogOrders received ¥46,446 million (YoY +7.0%) / Order backlog Not disclosed
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Not disclosed
Issued Shares at Period-End12,359,740
Treasury Shares at Period-End460,400
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 October 2025–31 March 2026 |
| Net Sales | ¥49,046 million (YoY +5.9%) |
| Operating profit | ¥4,620 million (YoY +15.6%) |
| Ordinary income | ¥5,121 million (YoY +21.4%) |
| Profit attributable to owners of the parent | ¥3,500 million (YoY +22.1%) |
| Net income per share | ¥290.62 |
| Equity ratio | End of the current fiscal period 32.1 / End of previous period 36.4 |
| Total assets | ¥95,260 million |
| Net assets | ¥30,772 million |
| Cash flows from operating activities | ¥-9,591,528 thousand |
| Cash flows from investing activities | ¥-654,816 thousand |
| Cash flows from financing activities | ¥13,240,533 thousand |
| Cash and cash equivalents at end of period | ¥12,817,879 thousand |
| Full-year earnings forecast | Net Sales ¥97,000 million (YoY +1.7%) / Operating profit ¥5,800 million (YoY +3.2%) / Ordinary income ¥5,600 million (YoY -3.1%) / Profit attributable to owners of the parent ¥3,850 million (YoY +0.8%) |
| Annual Dividend Forecast | ¥240 → ¥125（-47.9%） |
| Segment revenue | Infrastructure and Management Services Business ¥40,204,501 thousand (YoY +4.8%), Environmental Management Business ¥7,698,453 thousand (YoY +13.3%), Other Businesses ¥1,143,105 thousand (YoY +4.2%) |
| Segment profit | Infrastructure and Management Services Business ¥3,526,788 thousand (YoY +4.1%), Environmental Management Business ¥924,074 thousand (YoY +100.1%), Other Businesses ¥168,349 thousand (YoY +28.8%) |
| Orders received and order backlog | Orders received ¥46,446 million (YoY +7.0%) / Order backlog Not disclosed |
| Depreciation and amortization | ¥436,315 thousand |
| Impairment loss | None recorded (no applicable items in the segment information) |
| Breakdown of extraordinary income (loss) | No recognition |
| Disclosure regarding the going concern assumption | No applicable matters |
| 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 | New 0 / Excluded 0 / Company name None |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Not disclosed |
| Issued Shares at Period-End | 12,359,740 |
| Treasury Shares at Period-End | 460,400 |
| Factors Behind Changes in Business Performance | In Japan, disaster prevention and mitigation-related hardware and software measures, as well as maintenance and management services for roads, rivers and ports, remained firm. Overseas, infrastructure development demand in developing countries was strong, and an additional contract was signed for a large-scale rail project. |
Items this document does not state (6)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesMaterial 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.In Japan, demand remained firm for disaster prevention and mitigation-related work and maintenance and management services for roads, rivers and ports. Overseas, infrastructure development demand was strong, and an additional contract was signed for a large-scale rail project.
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.