Worth reading
60In focus
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
60.9
%Wording
Conditional
How definitive the wording is.Results for this period
First quarter1 April 2026 to 30 June 2026ConsolidatedIFRSNet Sales308,365¥ millionYear on year +60.9%Progress 21.3%
Operating profit14,398¥ millionYear on year +116.1%Progress 17.0%
Ordinary income111,195¥ millionYear on year +851.1%Progress 90.8%
Net income attributable to owners of the parent76,135¥ millionYear on year +840.4%Progress 89.0%
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¥302.16
Financial position at period-end
Total assets2,041,113¥ million
of which net assets 687,252 ¥ millionEquity ratio 32.3%vs. prior year-end +2.1pt
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+55,492
Investment-18,157
Financials-42,875
Net change-5,540
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).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¥355,780 million
Segment revenue
Building Construction137,48644.7%+67.3%
Civil Engineering Business85,08227.7%+162.9%
Paving Business68,27922.2%+14.6%
Machinery Business9,1773.0%+7.9%
Infrastructure Operations Business7,6222.5%-9.1%
Segment profit
Building Construction7,235+138.9%
Civil Engineering Business5,845+242.7%
Paving Business3,483+35.8%
Machinery Business48-66.0%
Infrastructure Operations Business-1,492
Regional salesBuilding Construction Domestic public sector ¥14,657 million (YoY +0.9%) / Domestic private sector ¥102,788 million (YoY -0.2%) / Overseas expansion ¥13,208 million (YoY -6.8%) / Civil Engineering Business Domestic public sector ¥48,706 million (YoY +8.1%) / Domestic private sector ¥25,962 million (YoY +26.2%) / Overseas expansion ¥9,134 million (YoY +52.0%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥1,445,000 million (YoY +28.5%)
Operating profit¥84,500 million (YoY +11.5%)
Ordinary income¥122,400 million (YoY +14.1%)
Net income¥85,500 million (YoY +11.7%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥1,445,000 million / Operating profit Not disclosed → ¥84,500 million / Ordinary income Not disclosed → ¥122,400 million / Net income Not disclosed → ¥85,500 million
Annual Dividend Forecast¥120 per share → ¥132 per share（+10.0%）
Factors Behind Changes in Business Performance
Improvement in employment and income conditions, the effects of various policies, and steady trends in capital investment and public investment. The full-year forecast was revised based on recent business trends and the future contribution to earnings from 水ing株式会社.
Disclosure regarding the going concern assumption
No applicable matters. The filing states, "There are 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 Not disclosed
Changes in the scope of consolidationNew 0 / Excluded 0 / Company name Not disclosed
Material subsequent eventsOn 1 July 2026, the company acquired all shares of 水ing株式会社, making it a wholly owned subsidiary. The purchase consideration was ¥75,204 million.
Impairment loss¥0 million
Depreciation and amortization¥12,716 million
Orders received and order backlogOrders received Building Construction ¥152,090 million / Civil Engineering Business ¥98,456 million / Paving Business ¥71,606 million / Order backlog carried forward to the next period Building Construction ¥900,688 million / Civil Engineering Business ¥720,459 million / Paving Business ¥101,708 million
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable Yes / Subject person Institutional investors and analysts
Issued Shares at Period-End274,845,024 Shares
Treasury Shares at Period-End21,834,447 Shares
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | IFRS |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 June 2026 |
| Net Sales | ¥308,365 million (YoY +60.9%) |
| Operating profit | ¥14,398 million (YoY +116.1%) |
| Ordinary income | ¥111,195 million (YoY +851.1%) |
| Profit attributable to owners of the parent | ¥76,135 million (YoY +840.4%) |
| Net income per share | ¥302.16 |
| Equity ratio | End of the current fiscal period 32.3% / End of previous period 30.2% |
| Total assets | ¥2,041,113 million |
| Net assets | ¥687,252 million |
| Cash flows from operating activities | ¥55,492 million |
| Cash flows from investing activities | ¥-18,157 million |
| Cash flows from financing activities | ¥-42,875 million |
| Cash and cash equivalents at end of period | ¥355,780 million |
| Full-year earnings forecast | Net Sales ¥1,445,000 million (YoY +28.5%) / Operating profit ¥84,500 million (YoY +11.5%) / Ordinary income ¥122,400 million (YoY +14.1%) / Net income ¥85,500 million (YoY +11.7%) |
| Revision to Earnings Forecast | Net Sales Not disclosed → ¥1,445,000 million / Operating profit Not disclosed → ¥84,500 million / Ordinary income Not disclosed → ¥122,400 million / Net income Not disclosed → ¥85,500 million |
| Annual Dividend Forecast | ¥120 per share → ¥132 per share（+10.0%） |
| Segment revenue | Building Construction ¥137,486 million (YoY +67.3%) / Civil Engineering Business ¥85,082 million (YoY +162.9%) / Paving Business ¥68,279 million (YoY +14.6%) / Machinery Business ¥9,177 million (YoY +7.9%) / Infrastructure Operations Business ¥7,622 million (YoY -9.1%) |
| Segment profit | Building Construction ¥7,235 million (YoY +138.9%) / Civil Engineering Business ¥5,845 million (YoY +242.7%) / Paving Business ¥3,483 million (YoY +35.8%) / Machinery Business ¥48 million (YoY -66.0%) / Infrastructure Operations Business ¥-1,492 million |
| Regional sales | Building Construction Domestic public sector ¥14,657 million (YoY +0.9%) / Domestic private sector ¥102,788 million (YoY -0.2%) / Overseas expansion ¥13,208 million (YoY -6.8%) / Civil Engineering Business Domestic public sector ¥48,706 million (YoY +8.1%) / Domestic private sector ¥25,962 million (YoY +26.2%) / Overseas expansion ¥9,134 million (YoY +52.0%) |
| Orders received and order backlog | Orders received Building Construction ¥152,090 million / Civil Engineering Business ¥98,456 million / Paving Business ¥71,606 million / Order backlog carried forward to the next period Building Construction ¥900,688 million / Civil Engineering Business ¥720,459 million / Paving Business ¥101,708 million |
| Depreciation and amortization | ¥12,716 million |
| Impairment loss | ¥0 million |
| Disclosure regarding the going concern assumption | No applicable matters. The filing states, "There are no applicable matters." |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement Not disclosed |
| Changes in the scope of consolidation | New 0 / Excluded 0 / Company name Not disclosed |
| Material subsequent events | On 1 July 2026, the company acquired all shares of 水ing株式会社, making it a wholly owned subsidiary. The purchase consideration was ¥75,204 million. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Institutional investors and analysts |
| Issued Shares at Period-End | 274,845,024 Shares |
| Treasury Shares at Period-End | 21,834,447 Shares |
| Factors Behind Changes in Business Performance | Improvement in employment and income conditions, the effects of various policies, and steady trends in capital investment and public investment. The full-year forecast was revised based on recent business trends and the future contribution to earnings from 水ing株式会社. |
Items this document does not state (4)
Operating MarginPayout ratioShareholder Return PolicyBreakdown of extraordinary income (loss)
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.As reasons for revising its full-year forecast, the company cited “recent business trends and the future contribution to earnings from 水ing株式会社, which became a consolidated subsidiary on 1 July 2026.” Regarding the business environment, the company described improvements in employment and income conditions, the effects of various policies, and steady trends in capital investment and public investment.
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.