Financial Results Presentation for the Fiscal Year Ending April 2026 | NOVAC CO.,LTD. (5079) timely disclosure

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

1018

Millions of yen (year-on-year increase in operating profit)

Wording

Conditional

How definitive the wording is.

Contents of this document

Presentation materials for financial resultsFiscal year ending April 202614 items taken from the company’s own explanation

Financial Results Figures (The key points of this material are explained below)

Net Sales¥35,363 million+28.5%

Operating profit¥1,878 million+118.4%

Ordinary income¥1,694 million+104.1%

Net income¥1,176 million +105.2%net income attributable to owners of the parent

Gross Profit Margin10.5%

Operating profit margin5.3%

Full-year earnings forecast

Fiscal Period CoveredFiscal year ending April 2027

Net Sales

¥32,000 million

Operating profit

¥1,300 million

Operating profit margin

4.1 %

Ordinary income

¥1,200 million

Net income

¥770 million net income attributable to owners of the parent

What the company explained in this material

Self-assessment against the planThe company's self-assessment against its own plan.

Expected to fall short of the medium-term management plan targets

Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.

Increase due to higher revenue¥689 million
Increase due to improved project profitability¥623 million
Decrease due to higher investment in personnel, including personnel expenses¥-162 million
Decrease due to higher employee benefit expenses¥-40 million
Decrease due to higher branding-related investment¥-31 million
Decrease due to higher investment in systems¥-18 million
Decrease due to higher land and rent expenses¥-10 million
Decrease due to the recording of amortization of goodwill¥-20 million
Other (office expenses, miscellaneous expenses, etc.)¥-10 million

Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.

Numerical assumptions for volumes, foreign exchange rates, raw material prices and other factors: not disclosed. The outlook is based on the assumption that orders will be concentrated in the fourth quarter and that the start of large-scale projects will be delayed.

New initiatives

Selective order acceptance
Winning large-scale projects
Passing Through Price Increases
Strengthening construction capabilities and recruitment of talent
Promoting DX
Obtaining additional points for technical proposals
New Customer Development
Expanding the market area and entering new fields

Key KPIsA metric the company considers important as a management benchmark.

Orders received¥42,938 million
Year on year against the same period last year+17.0%
Carried-over construction volume (order backlog)¥59,188 million
Year on year against the same period last year+14.7%
ROE6.4 %
Year-on-year change+3.2pt
EPS¥228.33
Year-on-year change+¥117
DOE3.3 %
Year-on-year change+0.1pt
Equity ratio58.4 %
Year-on-year change-11.7pt

Segment results

Civil Engineering Business
Net Sales¥10,816 million (YoY +17.2%)
Operating profit¥905 million (YoY -9.9%)
Operating profit margin8.4 %
Building Construction Business
Net Sales¥24,533 million (YoY +34.3%)
Operating profit¥965 million
Operating profit margin3.9 %

Medium-term management plan targets

Target fiscal yearFiscal year ending April 2027

Net Sales¥40 billion or more

Operating profit marginAt least 8%

Employees350 or more

ROE9% or more

DOE3% or more

Comparison with actual resultsThe earnings forecast for the fiscal year ending April 2027 is expected to fall short of the medium-term management plan targets

Financial targets

ROE

Target9% or more

Actual results6.4 %

DOE

Target3% or more

Actual results3.3 %

Market Size / Share

Market size, including construction investment, is provided. The company's market share: not disclosed.

Orders received and order backlog

Orders received

¥42,938 million

Carried-over construction volume (order backlog)

¥59,188 million

Number of stores and locations

End of period1 headquarters, 1 head office, 7 branches, 1 subsidiary

Number of employees

Number of Employees290 employees (302 on a consolidated basis, as of the end of April 2026)

Capital expenditures

¥375 million expenditures for the acquisition of property, plant and equipment and intangible assets

Annual Dividend

Annual dividend amount¥120

Breakdown

Interim60

End of period60

Contents of this document
Item	Details
Document type	Presentation materials for financial results
Fiscal Period Covered	Fiscal year ending April 2026
Net Sales	¥35,363 million (YoY +28.5%)
Operating profit	¥1,878 million (YoY +118.4%)
Ordinary income	¥1,694 million (YoY +104.1%)
Net income	¥1,176 million (net income attributable to owners of the parent) (YoY +105.2%)
Gross Profit Margin	10.5%
Operating profit margin	5.3%
Full-year earnings forecast	Fiscal Period Covered Fiscal year ending April 2027 / Net Sales ¥32,000 million / Operating profit ¥1,300 million / Operating profit margin 4.1 % / Ordinary income ¥1,200 million / Net income ¥770 million (net income attributable to owners of the parent)
Self-assessment against the plan	Expected to fall short of the medium-term management plan targets
Segment results	Segment Civil Engineering Business / Net Sales ¥10,816 million (YoY +17.2%) / Operating profit ¥905 million (YoY -9.9%) / Operating profit margin 8.4 %, Segment Building Construction Business / Net Sales ¥24,533 million (YoY +34.3%) / Operating profit ¥965 million / Operating profit margin 3.9 %
Breakdown of Factors Affecting the Change	Factors Increase due to higher revenue / Amount ¥689 million, Factors Increase due to improved project profitability / Amount ¥623 million, Factors Decrease due to higher investment in personnel, including personnel expenses / Amount ¥-162 million, Factors Decrease due to higher employee benefit expenses / Amount ¥-40 million, Factors Decrease due to higher branding-related investment / Amount ¥-31 million, Factors Decrease due to higher investment in systems / Amount ¥-18 million, Factors Decrease due to higher land and rent expenses / Amount ¥-10 million, Factors Decrease due to the recording of amortization of goodwill / Amount ¥-20 million, Factors Other (office expenses, miscellaneous expenses, etc.) / Amount ¥-10 million
Key KPIs	Orders received ¥42,938 million, Carried-over construction volume (order backlog) ¥59,188 million, ROE 6.4 %, EPS ¥228.33, DOE 3.3 %, Equity ratio 58.4 %
Number of stores and locations	End of period 1 headquarters, 1 head office, 7 branches, 1 subsidiary / Number of store openings and closures during the period Not disclosed
Number of employees	Number of Employees 290 employees (302 on a consolidated basis, as of the end of April 2026) / Changes during the period and hiring plan Not disclosed
Assumptions Underlying the Business Outlook	Numerical assumptions for volumes, foreign exchange rates, raw material prices and other factors: not disclosed. The outlook is based on the assumption that orders will be concentrated in the fourth quarter and that the start of large-scale projects will be delayed.
Medium-term management plan targets	Target fiscal year Fiscal year ending April 2027 / Net Sales ¥40 billion or more / Operating profit margin At least 8% / Employees 350 or more / ROE 9% or more / DOE 3% or more / Comparison with actual results The earnings forecast for the fiscal year ending April 2027 is expected to fall short of the medium-term management plan targets
Financial targets	ROE Target 9% or more / Actual results 6.4 % / DOE Target 3% or more / Actual results 3.3 %
Annual Dividend	Annual dividend amount ¥120 / Breakdown Interim 60 / End of period 60
Capital expenditures	¥375 million (expenditures for the acquisition of property, plant and equipment and intangible assets)
Orders received and order backlog	Orders received ¥42,938 million / Carried-over construction volume (order backlog) ¥59,188 million
Market Size / Share	Market size, including construction investment, is provided. The company's market share: not disclosed.
New initiatives	Selective order acceptance, Winning large-scale projects, Passing Through Price Increases, Strengthening construction capabilities and recruitment of talent, Promoting DX, Obtaining additional points for technical proposals, New Customer Development, Expanding the market area and entering new fields

Items this document does not state (8)

Selling, general and administrative expensesResults for the three months of the current quarterProgress against full-year forecastUnit price and quantity metricsRisk amount incorporated into the outlookPayout ratioAcquisition of treasury sharesKey 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.

For the fiscal year ended April 2026, revenue increased due to additional and modified construction work and progress on projects on hand, while profitability improved through selective order acceptance, passing on higher costs and cost reductions, all of which contributed to higher profit. For the fiscal year ending April 2027, construction progress is expected to decline because orders for the fiscal year ended April 2026 were concentrated in the fourth quarter and large-scale projects require time to commence. The main reasons for the expected shortfall against the medium-term management plan are construction cost inflation and tighter labor supply and demand conditions, both of which were more severe than anticipated due to factors including the international situation.

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.