Worth reading
55In 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
-14.9
Year-on-year change in operating profit (%)Wording
Conditional
How definitive the wording is.Contents of this document
Earnings presentationSecond quarter of the fiscal year ending June 202610 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥9,487 million+11.9%
Operating profit¥773 million-14.9%
Net income¥487 million-20.1%
Selling, general and administrative expenses¥719 million
Gross Profit Margin
Rate15.6%
Year on year against the same period last year△3.3ポイント
Operating profit margin
Rate8.2%
Year on year against the same period last yeardown 2.6 percentage points year on year
Results for the three months of the current quarter
Revenue
¥4,113 million
Operating profit
¥256 million
Full-year earnings forecast
Revenue
¥19,485 million
Gross profit
¥3,200 million
Selling, general and administrative expenses
¥1,528 million
Operating profit
¥1,685 million
Profit for the period
¥1,100 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。
Revenue48.7%
Gross profit46.2%
Selling, general and administrative expenses47.1%
Operating profit45.9%
Profit for the period44.3%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
売上収益はほぼ社内計画通り、営業利益は社内計画を若干上回る水準。受注高は社内計画を若干下回り、受注残高は社内計画を上回る水準。Key points of the Q&AKey questions raised by investors at the briefing and the company's answers
- 自己資本比率は26.5%で、具体的な目標水準は定めず安定した財務体質を目指す。
- M&A投資基準は社内にあるが、対象企業により変動するため開示を控える。
- 上場により対象企業からの好感度向上と持込案件増加につながっている。
- 受注高が計画未達でも、前期末の受注残高が計画超過だったため売上収益と受注残高が計画を上回った。
- 資材価格高騰で発注者予算と見積価格が合わず、受注時期が遅れている。
- 衆議院議員選挙で予算成立が遅れれば第4四半期の受注に影響する可能性があるが、影響は一時的と見込む。
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
前年同期に計上された収益性の高い案件の剥落、大型案件の受注タイミングの遅れ、資材価格高騰による発注者予算との不一致
New initiatives
- 2025年12月に経営企画部を新設
- M&Aの検討を再加速
- 防衛領域での受注拡大
- 福島県優良建設工事表彰を受けた技術者・実績の活用
Key KPIsA metric the company considers important as a management benchmark.
- Orders received¥8,080 millionYear on year against the same period last year+19.5%
- Order backlog¥15,640 millionYear on year against the same period last year+10.7%
- Equity ratio26.5 %
Market Size / Share
Domestic construction investment56.5兆円
Construction investment in Tohoku¥4.7 trillion
東北の公共土木投資額¥1.9 trillion
Orders received and order backlog
Orders received
¥8,080 million
Year on year against the same period last year+19.5%
Order backlog
¥15,640 million
Year on year against the same period last year+10.7%
Number of employees
Number of Employees357 people
As ofEnd-July 2025
Annual Dividend
Annual dividend per share¥45
Payout ratio
40.4%（基本方針40%）| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | Second quarter of the fiscal year ending June 2026 |
| Net Sales | ¥9,487 million (YoY +11.9%) |
| Operating profit | ¥773 million (YoY -14.9%) |
| Net income | ¥487 million (YoY -20.1%) |
| Gross Profit Margin | Rate 15.6% / Year on year against the same period last year △3.3ポイント |
| Operating profit margin | Rate 8.2% / Year on year against the same period last year down 2.6 percentage points year on year |
| Selling, general and administrative expenses | ¥719 million |
| Results for the three months of the current quarter | Revenue ¥4,113 million / Operating profit ¥256 million |
| Full-year earnings forecast | Revenue ¥19,485 million / Gross profit ¥3,200 million / Selling, general and administrative expenses ¥1,528 million / Operating profit ¥1,685 million / Profit for the period ¥1,100 million |
| Progress against full-year forecast | Revenue 48.7% / Gross profit 46.2% / Selling, general and administrative expenses 47.1% / Operating profit 45.9% / Profit for the period 44.3% |
| Self-assessment against the plan | 売上収益はほぼ社内計画通り、営業利益は社内計画を若干上回る水準。受注高は社内計画を若干下回り、受注残高は社内計画を上回る水準。 |
| Breakdown of Factors Affecting the Change | 前年同期に計上された収益性の高い案件の剥落、大型案件の受注タイミングの遅れ、資材価格高騰による発注者予算との不一致 |
| Key KPIs | Orders received ¥8,080 million, Order backlog ¥15,640 million, Equity ratio 26.5 % |
| Number of employees | Number of Employees 357 people / As of End-July 2025 |
| Annual Dividend | Annual dividend per share ¥45 |
| Payout ratio | 40.4%（基本方針40%） |
| Orders received and order backlog | Orders received ¥8,080 million / Order backlog ¥15,640 million |
| Market Size / Share | Domestic construction investment 56.5兆円 / Construction investment in Tohoku ¥4.7 trillion / 東北の公共土木投資額 ¥1.9 trillion |
| Key points of the Q&A | 自己資本比率は26.5%で、具体的な目標水準は定めず安定した財務体質を目指す。, M&A投資基準は社内にあるが、対象企業により変動するため開示を控える。, 上場により対象企業からの好感度向上と持込案件増加につながっている。, 受注高が計画未達でも、前期末の受注残高が計画超過だったため売上収益と受注残高が計画を上回った。, 資材価格高騰で発注者予算と見積価格が合わず、受注時期が遅れている。, 衆議院議員選挙で予算成立が遅れれば第4四半期の受注に影響する可能性があるが、影響は一時的と見込む。 |
| New initiatives | 2025年12月に経営企画部を新設, M&Aの検討を再加速, 防衛領域での受注拡大, 福島県優良建設工事表彰を受けた技術者・実績の活用 |
Items this document does not state (10)
Ordinary incomeSegment resultsUnit price and quantity metricsNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAcquisition of treasury sharesCapital expenditures
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.前年同期に計上された収益性の高い案件がなくなったことが減益の理由とされている。また、大型案件の受注時期の遅れ、資材価格高騰による発注者予算との不一致、衆議院議員選挙による予算成立・公共工事発注の遅れなどがリスクとして挙げられている。
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.