Worth reading
52Recurring
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
-15.1
Year-on-year change in revenue (%)Wording
Conditional
How definitive the wording is.Results for this period
Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAPNet Sales34,414¥ millionYear on year -15.1%Progress 95.6%
Operating profit470¥ millionYear on year +63.3%Progress 276.5%
Ordinary income817¥ millionYear on year +28.0%Progress 340.4%
Net income attributable to owners of the parent335¥ millionYear on year -73.7%
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¥72.30
Operating Margin1.4%
Financial position at period-end
Total assets66,539¥ million
of which net assets 34,987 ¥ millionEquity ratio 52.6%vs. prior year-end +6.7pt
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+4,719
Investment-1,940
Financials-7,002
Net change-4,223
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¥6,097 million
Segment revenueBridge Business ¥13,170 million (YoY -16.9%), Steel-frame business ¥20,508 million (YoY -12.6%), Infrastructure and environmental business ¥190 million (YoY -73.3%), Real Estate Business ¥410 million (YoY +0.6%)
Segment profitBridge Business ¥2,151 million, Steel-frame business ¥873 million, Infrastructure and environmental business ¥-599 million, Real Estate Business ¥328 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥36,000 million (YoY +4.6%)
Operating profit¥170 million (YoY -63.9%)
Ordinary income¥240 million (YoY -70.6%)
Profit attributable to owners of the parent¥150 million (YoY -55.3%)
Annual Dividend Forecast¥70 → ¥70（0.0%）
Payout ratio96.8%
Factors Behind Changes in Business Performance
Revenue declined due to lower bridge construction order volumes and subdued demand for steel structures, but operating profit increased as the company secured additional change-order contracts on certain large-scale bridge projects and strengthened earnings management.
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
Material subsequent eventsNo applicable matters.
Impairment loss¥0 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥0 million, Subsidy Income ¥590 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥107 million, Loss on reduction of fixed assets ¥584 million
Depreciation and amortization¥1,575 million
Orders received and order backlogOrders received ¥32,799 million / Order backlog ¥52,820 million
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable Yes / Subject person Not disclosed
Issued Shares at Period-End4,972,709
Treasury Shares at Period-End390,649
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | ¥34,414 million (YoY -15.1%) |
| Operating profit | ¥470 million (YoY +63.3%) |
| Ordinary income | ¥817 million (YoY +28.0%) |
| Profit attributable to owners of the parent | ¥335 million (YoY -73.7%) |
| Net income per share | ¥72.30 |
| Operating Margin | 1.4% |
| Equity ratio | End of the current fiscal period 52.6% / End of previous period 45.9% |
| Total assets | ¥66,539 million |
| Net assets | ¥34,987 million |
| Cash flows from operating activities | ¥4,719 million |
| Cash flows from investing activities | ¥-1,940 million |
| Cash flows from financing activities | ¥-7,002 million |
| Cash and cash equivalents at end of period | ¥6,097 million |
| Full-year earnings forecast | Net Sales ¥36,000 million (YoY +4.6%) / Operating profit ¥170 million (YoY -63.9%) / Ordinary income ¥240 million (YoY -70.6%) / Profit attributable to owners of the parent ¥150 million (YoY -55.3%) |
| Annual Dividend Forecast | ¥70 → ¥70（0.0%） |
| Payout ratio | 96.8% |
| Segment revenue | Bridge Business ¥13,170 million (YoY -16.9%), Steel-frame business ¥20,508 million (YoY -12.6%), Infrastructure and environmental business ¥190 million (YoY -73.3%), Real Estate Business ¥410 million (YoY +0.6%) |
| Segment profit | Bridge Business ¥2,151 million, Steel-frame business ¥873 million, Infrastructure and environmental business ¥-599 million, Real Estate Business ¥328 million |
| Orders received and order backlog | Orders received ¥32,799 million / Order backlog ¥52,820 million |
| Depreciation and amortization | ¥1,575 million |
| Impairment loss | ¥0 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥0 million, Subsidy Income ¥590 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥107 million, Loss on reduction of fixed assets ¥584 million |
| Disclosure regarding the going concern assumption | No applicable matters |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New 0 / Excluded 0 / Company name None |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Not disclosed |
| Issued Shares at Period-End | 4,972,709 |
| Treasury Shares at Period-End | 390,649 |
| Factors Behind Changes in Business Performance | Revenue declined due to lower bridge construction order volumes and subdued demand for steel structures, but operating profit increased as the company secured additional change-order contracts on certain large-scale bridge projects and strengthened earnings management. |
Items this document does not state (3)
Revision to Earnings ForecastShareholder Return PolicyRegional sales
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 declined due to lower bridge construction order volumes and subdued demand for steel structures. However, operating profit increased as the company secured additional change-order contracts on certain large-scale bridge projects and strengthened earnings management. The main text does not specify the reason for the decline in profit attributable to owners of the parent.
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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.