Worth reading
57In 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
327
¥ millionWording
Conditional
How definitive the wording is.Results for this period
Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAPNet Sales18,391¥ millionYear on year +1.6%Progress 87.6%
Operating profit216¥ millionProgress 39.3%
Ordinary income275¥ millionProgress 45.8%
Net income attributable to owners of the parent175¥ millionProgress 58.3%
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¥30.66
Operating Margin1.2%
Financial position at period-end
Total assets18,821¥ million
of which net assets 11,070 ¥ millionEquity ratio 58.7%vs. prior year-end +2.3pt
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+1,577
Investment-522
Financials-846
Net change+209
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¥1,997 million
Segment revenueCivil engineering and construction materials business ¥13,985 million (YoY -3.4%), Civil engineering and construction business ¥4,654 million (YoY +22.9%)
Segment profitCivil engineering and construction materials business ¥585 million (YoY +76.8%), Civil engineering and construction business ¥119 million (YoY +7.9%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥21,000 million (YoY +14.2%)
Operating profit¥550 million (YoY +153.7%)
Ordinary income¥600 million (YoY +117.7%)
Net income¥300 million (YoY +70.8%)
Annual Dividend Forecast¥17 → ¥18（+5.9%）
Payout ratioFiscal year ending March 2026 55.4% / Forecast for the fiscal year ending March 2027 34.0%
Factors Behind Changes in Business Performance
Net sales in the civil engineering and construction business increased. In the civil engineering and construction materials business, sales volume declined and material prices remained elevated, but the company worked to improve its gross profit margin and maintain sales price levels.
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 Number of companies 1 / Company name 株式会社エアード / Excluded Number of companies 0 / Company name Not disclosed
Material subsequent eventsNo applicable matters.
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥4,879 thousand, Gain on negative goodwill ¥37,168 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥28,990 thousand, Loss on sale of fixed assets ¥60 thousand, Loss on step acquisition ¥17,078 thousand
Depreciation and amortization¥401,092 thousand
Orders received and order backlogOrders received ¥4,664,016 thousand (YoY +128.9%) / Order backlog ¥2,362,059 thousand (YoY +105.0%)
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End6,400,000 Shares
Treasury Shares at Period-End731,435 Shares
| 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 | ¥18,391 million (YoY +1.6%) |
| Operating profit | ¥216 million |
| Ordinary income | ¥275 million |
| Profit attributable to owners of the parent | ¥175 million |
| Net income per share | ¥30.66 |
| Operating Margin | 1.2% |
| Equity ratio | End of the current fiscal period 58.7% / End of previous period 56.4% |
| Total assets | ¥18,821 million |
| Net assets | ¥11,070 million |
| Cash flows from operating activities | ¥1,577 million |
| Cash flows from investing activities | ¥-522 million |
| Cash flows from financing activities | ¥-846 million |
| Cash and cash equivalents at end of period | ¥1,997 million |
| Full-year earnings forecast | Net Sales ¥21,000 million (YoY +14.2%) / Operating profit ¥550 million (YoY +153.7%) / Ordinary income ¥600 million (YoY +117.7%) / Net income ¥300 million (YoY +70.8%) |
| Annual Dividend Forecast | ¥17 → ¥18（+5.9%） |
| Payout ratio | Fiscal year ending March 2026 55.4% / Forecast for the fiscal year ending March 2027 34.0% |
| Segment revenue | Civil engineering and construction materials business ¥13,985 million (YoY -3.4%), Civil engineering and construction business ¥4,654 million (YoY +22.9%) |
| Segment profit | Civil engineering and construction materials business ¥585 million (YoY +76.8%), Civil engineering and construction business ¥119 million (YoY +7.9%) |
| Orders received and order backlog | Orders received ¥4,664,016 thousand (YoY +128.9%) / Order backlog ¥2,362,059 thousand (YoY +105.0%) |
| Depreciation and amortization | ¥401,092 thousand |
| Impairment loss | No applicable matters. |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥4,879 thousand, Gain on negative goodwill ¥37,168 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥28,990 thousand, Loss on sale of fixed assets ¥60 thousand, Loss on step acquisition ¥17,078 thousand |
| 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 Number of companies 1 / Company name 株式会社エアード / Excluded Number of companies 0 / Company name Not disclosed |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 6,400,000 Shares |
| Treasury Shares at Period-End | 731,435 Shares |
| Factors Behind Changes in Business Performance | Net sales in the civil engineering and construction business increased. In the civil engineering and construction materials business, sales volume declined and material prices remained elevated, but the company worked to improve its gross profit margin and maintain sales price levels. |
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.Net sales in the civil engineering and construction business increased. In the civil engineering and construction materials business, sales volume declined and material prices remained elevated, but the company worked to improve its gross profit margin and maintain sales price levels. It also recorded ¥104 million in equity in earnings of affiliates, among other items.
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.