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Earnings5911Yokogawa Bridge Holdings Corp.Construction and Materials

Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

Although revenue for the interim period increased 25.4%, driven in part by the contribution from the BR Holdings Group, operating profit fell 10.8% and interim net income attributable to owners of the parent declined 23.5%. The full-year earnings forecast remains unchanged, while the annual dividend is expected to increase to ¥130 from ¥120 for the previous fiscal year.

Worth reading
53Recurring
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
25.4
Year-on-year change in revenue (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026–30 September 2026ConsolidatedJapanese GAAP
Net Sales87,174¥ millionYear on year +25.4%Progress 44.0%
Operating profit4,003¥ millionYear on year -10.8%Progress 33.4%
Ordinary income3,731¥ millionYear on year -15.5%Progress 33.3%
Net income attributable to owners of the parent2,289¥ millionYear on year -23.5%Progress 27.9%

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¥58.18
Financial position at period-end
Total assets244,870¥ million
of which net assets 132,162 ¥ millionEquity ratio 54.0%vs. prior year-end +1.1pt

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+9,970
Investment-2,179
Financials-7,159
Net change+632

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¥45,093 million
Segment revenueBridge Business ¥48,155 million (YoY +27.7%), System Building Business ¥22,612 million (YoY +5.0%), Engineering Business ¥13,489 million (YoY +73.2%), Advanced Technology Business ¥2,669 million (YoY +18.5%), Other Business ¥247 million
Segment profitBridge Business ¥2,262 million (YoY -29.2%), System Building Business ¥1,862 million (YoY +4.2%), Engineering Business ¥1,190 million (YoY +410.9%), Advanced Technology Business ¥255 million (YoY -6.5%), Other Business ¥136 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥198,000 million (YoY +37.6%)
Operating profit¥12,000 million (YoY -11.1%)
Ordinary income¥11,200 million (YoY -17.7%)
Net income¥8,200 million (YoY -5.6%)
Annual Dividend Forecast¥120 → ¥130
Factors Behind Changes in Business Performance

The contribution from the BR Holdings Group, progress on the substantial backlog of construction projects in the Engineering Business, production in line with plan in the System Construction Business, and an increase in orders in the Advanced Technology Business. Meanwhile, operating profit in the Bridge Business declined mainly because of lower revenue from the new construction business (steel).

Disclosure regarding the going concern assumption

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 No
Changes in the scope of consolidationNew 0 / Excluded 0 / Company name None
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥0 million, Gain on sale of investment securities ¥412 million / Extraordinary loss Losses on disposal of fixed assets ¥10 million, Acquisition-Related Costs ¥482 million
Depreciation and amortization¥2,696 million
Orders received and order backlogOrders received ¥70,274 million / Order backlog ¥245,333 million
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingWhether applicable Available / Subject person For institutional investors and analysts
Issued Shares at Period-End43,164,802
Treasury Shares at Period-End4,020,465
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026–30 September 2026
Net Sales¥87,174 million (YoY +25.4%)
Operating profit¥4,003 million (YoY -10.8%)
Ordinary income¥3,731 million (YoY -15.5%)
Profit attributable to owners of the parent¥2,289 million (YoY -23.5%)
Net income per share¥58.18
Equity ratioEnd of the current fiscal period 54 / End of previous period 52.9
Total assets¥244,870 million
Net assets¥132,162 million
Cash flows from operating activities¥9,970 million
Cash flows from investing activities¥-2,179 million
Cash flows from financing activities¥-7,159 million
Cash and cash equivalents at end of period¥45,093 million
Full-year earnings forecastNet Sales ¥198,000 million (YoY +37.6%) / Operating profit ¥12,000 million (YoY -11.1%) / Ordinary income ¥11,200 million (YoY -17.7%) / Net income ¥8,200 million (YoY -5.6%)
Annual Dividend Forecast¥120 → ¥130
Segment revenueBridge Business ¥48,155 million (YoY +27.7%), System Building Business ¥22,612 million (YoY +5.0%), Engineering Business ¥13,489 million (YoY +73.2%), Advanced Technology Business ¥2,669 million (YoY +18.5%), Other Business ¥247 million
Segment profitBridge Business ¥2,262 million (YoY -29.2%), System Building Business ¥1,862 million (YoY +4.2%), Engineering Business ¥1,190 million (YoY +410.9%), Advanced Technology Business ¥255 million (YoY -6.5%), Other Business ¥136 million
Orders received and order backlogOrders received ¥70,274 million / Order backlog ¥245,333 million
Depreciation and amortization¥2,696 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥0 million, Gain on sale of investment securities ¥412 million / Extraordinary loss Losses on disposal of fixed assets ¥10 million, Acquisition-Related Costs ¥482 million
Disclosure regarding the going concern assumptionNo applicable matters.
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 0 / Excluded 0 / Company name None
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingWhether applicable Available / Subject person For institutional investors and analysts
Issued Shares at Period-End43,164,802
Treasury Shares at Period-End4,020,465
Factors Behind Changes in Business PerformanceThe contribution from the BR Holdings Group, progress on the substantial backlog of construction projects in the Engineering Business, production in line with plan in the System Construction Business, and an increase in orders in the Advanced Technology Business. Meanwhile, operating profit in the Bridge Business declined mainly because of lower revenue from the new construction business (steel).
Items this document does not state (7)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesImpairment lossMaterial 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.

Revenue increased due in part to the contribution from the BR Holdings Group. Operating profit declined, mainly because of lower revenue from the new construction business (steel) within the Bridge Business, while profit increased in the Engineering Business, driven by the contribution from the BR Holdings Group and progress on its substantial backlog of construction projects.

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Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | Yokogawa Bridge Holdings Corp. (5911) timely disclosure | Komori