Worth reading
60In 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
835
¥ million (year-on-year increase in consolidated net sales)Wording
Conditional
How definitive the wording is.Contents of this document
Supplementary Materials to the Earnings ReportFY2027/3 interim period8 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥11,636 million+7.7%
Operating profit¥116 million
Ordinary income¥134 million
Net income¥54 million
Gross Profit Margin27.1
Operating profit margin1
Selling, general and administrative expenses¥3,041 million
Full-year earnings forecast
Net Sales
¥25,000 million
Gross profit
¥7,088 million
Operating profit
¥603 million
Ordinary income
¥600 million
Profit attributable to owners of the parent
¥159 million
Progress against full-year forecast 通期の予想に対して、いまどこまで進んだかの割合です。
Consolidated revenue46.5
Gross profit44.6
Ordinary income22.3
Profit attributable to owners of the parent33.9
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
The manufacturing and sale of construction materials is progressing above the first-half plan. Company-wide, although some large-scale projects are being shipped ahead of schedule, the company needs to cover underperforming areas in the second half, leaving the outlook uncertain.Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Year-on-year change in operating income
Increase in gross profit on sales of construction equipment and materials95
Increase in gross profit on sales of building materials85
Decrease in gross profit from construction consulting-20
Decrease in gross profit from repair and reinforcement work-23
Increase in selling, general and administrative expenses-148
Decrease in personnel expenses and other expenses in the research and development department136
Other34
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Progress in Price Pass-ThroughPositive factor
Contraction of regional marketsNegative factor
Leveling of construction schedulesNegative factor
Rise in raw material and energy pricesNegative factor
New initiatives
- Changes to reportable segment classification
- Front-loaded investment, including increased staffing, in growth areas
- Measures to build on strong-performing areas to cover underperforming areas
Key KPIsA metric the company considers important as a management benchmark.
Equity ratio
45.8 %
Year on year against the same period last year+3.2%
Debt-to-equity ratio
0.45 x
Year on year against the same period last year-0.1%
Free cash flow
¥143 million
Year on year against the same period last year+161.0%
Segment results
Construction equipment and materials
Net Sales
¥5,195 million+5.7%
Segment profit
¥111 million+62.5%
Building materials
Net Sales
¥5,126 million+12.4%
Segment profit
¥303 million+19.5%
Construction consulting
Net Sales
¥309 million-5.9%
Segment profit
¥-28 million
Repair and reinforcement construction
Net Sales
¥1,004 million+1.0%
Segment profit
¥-33 million
Financial targets
Equity ratio
Actual results45.8 %
Debt-to-equity ratio
Actual results0.45 x
Three months of the current quarter
July–September 2026
Net Sales
¥5,895 million
Operating profit
¥94 million
| Item | Details |
|---|---|
| Document type | Supplementary Materials to the Earnings Report |
| Fiscal Period Covered | FY2027/3 interim period |
| Net Sales | ¥11,636 million (YoY +7.7%) |
| Operating profit | ¥116 million |
| Ordinary income | ¥134 million |
| Net income | ¥54 million |
| Gross Profit Margin | 27.1 |
| Operating profit margin | 1 |
| Selling, general and administrative expenses | ¥3,041 million |
| Three months of the current quarter | July–September 2026 Net Sales ¥5,895 million / Operating profit ¥94 million |
| Full-year earnings forecast | Net Sales ¥25,000 million / Gross profit ¥7,088 million / Operating profit ¥603 million / Ordinary income ¥600 million / Profit attributable to owners of the parent ¥159 million |
| Progress against full-year forecast | Consolidated revenue 46.5 / Gross profit 44.6 / Ordinary income 22.3 / Profit attributable to owners of the parent 33.9 |
| Self-assessment against the plan | The manufacturing and sale of construction materials is progressing above the first-half plan. Company-wide, although some large-scale projects are being shipped ahead of schedule, the company needs to cover underperforming areas in the second half, leaving the outlook uncertain. |
| Segment results | Construction equipment and materials Net Sales ¥5,195 million (YoY +5.7%) / Segment profit ¥111 million (YoY +62.5%) / Building materials Net Sales ¥5,126 million (YoY +12.4%) / Segment profit ¥303 million (YoY +19.5%) / Construction consulting Net Sales ¥309 million (YoY -5.9%) / Segment profit ¥-28 million / Repair and reinforcement construction Net Sales ¥1,004 million (YoY +1.0%) / Segment profit ¥-33 million |
| Breakdown of Factors Affecting the Change | Year-on-year change in operating income Increase in gross profit on sales of construction equipment and materials 95 / Increase in gross profit on sales of building materials 85 / Decrease in gross profit from construction consulting -20 / Decrease in gross profit from repair and reinforcement work -23 / Increase in selling, general and administrative expenses -148 / Decrease in personnel expenses and other expenses in the research and development department 136 / Other 34 |
| Key KPIs | Equity ratio 45.8 % / Debt-to-equity ratio 0.45 x / Free cash flow ¥143 million |
| Assumptions Underlying the Business Outlook | Progress in Price Pass-Through Positive factor / Contraction of regional markets Negative factor / Leveling of construction schedules Negative factor / Rise in raw material and energy prices Negative factor |
| Financial targets | Equity ratio Actual results 45.8 % / Debt-to-equity ratio Actual results 0.45 x |
| New initiatives | Changes to reportable segment classification, Front-loaded investment, including increased staffing, in growth areas, Measures to build on strong-performing areas to cover underperforming areas |
Items this document does not state (12)
Unit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket 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.Shipments of large-scale projects, contributions from projects carried over from the previous fiscal year, the effect of higher revenue, and lower personnel and other expenses in the research and development division contributed to the increase in profit. In the construction consulting business, however, the completion of high-margin projects, while in the repair and reinforcement construction business, a shift toward lower-margin projects, lower utilization and head office relocation costs put pressure on profit.
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.