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Earnings4673Kawasaki Geological Engineering Co.,Ltd.Information and Communications, Services and Others

Consolidated Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending November 2026 [Japanese GAAP]

Revenue for the interim period increased slightly, while operating profit, ordinary profit and net profit increased substantially. However, orders received fell 42.9% year on year due to the reaction to large projects and other factors, and the full-year earnings forecasts and dividend forecasts have not been revised.

Worth reading
49Recurring
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
294.3
%
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 December 2025–31 May 2026ConsolidatedJapanese GAAP
Net Sales5,372Millions of yenYear on year +2.8%Progress 51.2%
Operating profit1,121Millions of yenYear on year +294.3%Progress 112.1%
Ordinary income1,133Millions of yenYear on year +246.2%Progress 106.9%
Net income attributable to owners of the parent760Millions of yenYear on year +142.8%

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¥871.06
Financial position at period-end
Total assets9,398Millions of yen
of which net assets 5,895 Millions of yenEquity ratio 62.7%vs. prior year-end +18.8pt

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+2,651,205
Investment-244,805
Financials-2,246,114
Net change+160,286

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¥1,227,130 thousand
Outlook and shareholder returns
Full-year earnings forecast
Net Sales10,500 Millions of yen (YoY -17.4%)
Operating profit1,000 Millions of yen (YoY +50.2%)
Ordinary income1,060 Millions of yen (YoY +43.8%)
Profit attributable to owners of the parent740 Millions of yen (YoY +19.3%)
Annual Dividend Forecast¥145 → ¥120(-17.2%)
Factors Behind Changes in Business Performance

Orders received declined due to the reaction to the temporary, substantial increase in orders received in the same period of the previous year as a result of upward revisions to large projects and other factors, as well as projects that did not result in orders because of changes in market conditions and the competitive environment. Meanwhile, the group focused on maintenance and management, preventive maintenance, disaster prevention, infrastructure maintenance and related operations.

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 No修正再表示 No
Changes in the scope of consolidationNew Number of companies 1 / Company name 株式会社名桜土質測量設計 / Excluded Number of companies 0 / Company name Not disclosed
Depreciation and amortization¥100,365 thousand
Orders received and order backlogOrders received 3,443 Millions of yen (YoY -42.9%) / Order backlog Not disclosed
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End1,057,980
Treasury Shares at Period-End182,914
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 December 2025–31 May 2026
Net Sales5,372 Millions of yen (YoY +2.8%)
Operating profit1,121 Millions of yen (YoY +294.3%)
Ordinary income1,133 Millions of yen (YoY +246.2%)
Profit attributable to owners of the parent760 Millions of yen (YoY +142.8%)
Net income per share¥871.06
Equity ratioEnd of the current fiscal period 62.7 / End of previous period 43.9
Total assets9,398 Millions of yen
Net assets5,895 Millions of yen
Cash flows from operating activities¥2,651,205 thousand
Cash flows from investing activities¥-244,805 thousand
Cash flows from financing activities¥-2,246,114 thousand
Cash and cash equivalents at end of period¥1,227,130 thousand
Full-year earnings forecastNet Sales 10,500 Millions of yen (YoY -17.4%) / Operating profit 1,000 Millions of yen (YoY +50.2%) / Ordinary income 1,060 Millions of yen (YoY +43.8%) / Profit attributable to owners of the parent 740 Millions of yen (YoY +19.3%)
Annual Dividend Forecast¥145 → ¥120(-17.2%)
Orders received and order backlogOrders received 3,443 Millions of yen (YoY -42.9%) / Order backlog Not disclosed
Depreciation and amortization¥100,365 thousand
Disclosure regarding the going concern assumptionNot applicable.
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNew Number of companies 1 / Company name 株式会社名桜土質測量設計 / Excluded Number of companies 0 / Company name Not disclosed
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End1,057,980
Treasury Shares at Period-End182,914
Factors Behind Changes in Business PerformanceOrders received declined due to the reaction to the temporary, substantial increase in orders received in the same period of the previous year as a result of upward revisions to large projects and other factors, as well as projects that did not result in orders because of changes in market conditions and the competitive environment. Meanwhile, the group focused on maintenance and management, preventive maintenance, disaster prevention, infrastructure maintenance and related operations.
Items this document does not state (10)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesImpairment lossBreakdown of extraordinary income (loss)Material 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.

The company explained that it focused on maintenance and management, preventive maintenance, disaster prevention, infrastructure maintenance and related operations. It attributed the decline in orders received to the reaction to the temporary, substantial increase in orders received in the same period of the previous year due to upward revisions to large projects and other factors, as well as projects that did not result in orders because of changes in market conditions and the competitive environment.

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.
Consolidated Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending November 2026 [Japanese GAAP] | Kawasaki Geological Engineering Co.,Ltd. (4673) timely disclosure | Komori