Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAPThe 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.
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.
Stacked from zero: upward is an increase in cash, downward a decrease (in Millions of yen).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
In Steel Structures, securing design changes upon completion of projects, reasonable estimates of expected costs for large-scale projects and progress on large-scale redevelopment projects in the Tokyo metropolitan area contributed. In Civil Engineering, design changes contributed, in Construction, cost reductions contributed and, in Solutions, sales of the company's own products and sales through distributors contributed. These contributions were affected by lower bridge order volumes, intensifying competition, rising costs and the replacement of aircraft equipment.
Not applicable
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | 54,946 Millions of yen (YoY -0.7%) |
| Operating profit | 5,231 Millions of yen (YoY +64.9%) |
| Ordinary income | 6,776 Millions of yen (YoY +71.2%) |
| Profit attributable to owners of the parent | 5,055 Millions of yen (YoY +60.9%) |
| Net income per share | ¥98.67 |
| Equity ratio | End of the current fiscal period 63.9 / End of previous period 60.7 |
| Total assets | 156,551 Millions of yen |
| Net assets | 100,632 Millions of yen |
| Cash flows from operating activities | 8,028 Millions of yen |
| Cash flows from investing activities | -1,491 Millions of yen |
| Cash flows from financing activities | -4,285 Millions of yen |
| Cash and cash equivalents at end of period | 19,727 Millions of yen |
| Full-year earnings forecast | Net Sales 117,000 Millions of yen (YoY +1.7%) / Operating profit 7,300 Millions of yen (YoY -15.1%) / Ordinary income 10,600 Millions of yen (YoY -4.1%) / Profit attributable to owners of the parent 8,000 Millions of yen (YoY -8.9%) |
| Revision to Earnings Forecast | Not disclosed → Net Sales 117,000 Millions of yen (YoY +1.7%) / Operating profit 7,300 Millions of yen (YoY -15.1%) / Ordinary income 10,600 Millions of yen (YoY -4.1%) / Profit attributable to owners of the parent 8,000 Millions of yen (YoY -8.9%) |
| Annual Dividend Forecast | 86 Yen → 48 Yen |
| Segment revenue | Steel structures 24,609 Millions of yen (YoY +1.9%), Civil engineering construction 14,945 Millions of yen (YoY -5.8%), Building construction 7,875 Millions of yen (YoY -7.6%), Solutions 3,889 Millions of yen (YoY +6.1%), Other 4,509 Millions of yen (YoY +0.9%) |
| Segment profit | Steel structures 4,207 Millions of yen (YoY +41.4%), Civil engineering construction 640 Millions of yen, Building construction 811 Millions of yen (YoY +35.6%), Solutions 1,538 Millions of yen (YoY +9.0%), Other -294 Millions of yen |
| Orders received and order backlog | Orders received 69,337 Millions of yen / Order backlog 191,814 Millions of yen |
| Depreciation and amortization | 1,619 Millions of yen |
| Impairment loss | Not applicable (impairment losses on fixed assets by reporting segment) |
| Breakdown of extraordinary income (loss) | Extraordinary income None / Extraordinary loss None |
| 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 No / Restatement No |
| Changes in the scope of consolidation | New 0 companies / Excluded 0 companies / Company name None |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Institutional investors and analysts |
| Issued Shares at Period-End | 52,422,630 |
| Treasury Shares at Period-End | 2,117,987 |
| Factors Behind Changes in Business Performance | In Steel Structures, securing design changes upon completion of projects, reasonable estimates of expected costs for large-scale projects and progress on large-scale redevelopment projects in the Tokyo metropolitan area contributed. In Civil Engineering, design changes contributed, in Construction, cost reductions contributed and, in Solutions, sales of the company's own products and sales through distributors contributed. These contributions were affected by lower bridge order volumes, intensifying competition, rising costs and the replacement of aircraft equipment. |
Items this document does not state (5)
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 Steel Structures, design changes secured, cost estimates for large-scale projects and progress on large-scale steel-frame projects boosted profit. In Civil Engineering, design changes contributed, while in Construction, cost reductions contributed and, in Solutions, sales of the company's own products and sales through distributors contributed. These benefits were offset by lower bridge order volumes, intensifying competition and rising costs, which put downward pressure on sales and profit.