Worth reading
72In focus
Scored from 4 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
11.9
% (year-on-year change in consolidated net sales)Wording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationFY ending August 2026, third quarter9 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥19,508 million+11.9%
Operating profit¥1,779 million+27.2%
Ordinary income¥2,042 million+42.0%
Net income¥1,466 million+225.0%
Selling, general and administrative expenses¥5,684 million
Operating profit margin9.1% (8.0% in the same period of the previous year; change in percentage points: Not disclosed)
Results for the three months of the current quarter
Net Sales¥5,413 million (−3.3% year on year)
Operating profit¥305 million (+304.1% year on year)
Ordinary income¥424 million (+353.8% year on year)
Profit attributable to owners of parent for the quarter¥285 million (¥477 million loss in the same period of the previous year)
Full-year earnings forecast
Net Sales¥27,800 million
Operating profit¥2,900 million
Ordinary income¥3,050 million
Profit attributable to owners of parent for the quarter¥2,200 million
Earnings per share¥86.73
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Growth in domestic product sales and related businesses, steady performance in overseas markets in Asia and Europe, higher operating profit resulting from increased net sales, and a decrease in development-oriented projects in the press-in construction business
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Risks including interest rates, inflation and foreign-exchange fluctuations are mentioned, but the numerical assumptions are Not disclosedNew initiatives
- Continuation of the technology research and development agreement for the Space Construction Innovation Project
- Addition of 1 new Singapore customer to GTOSS ASIA
- Addition of 1 new U.S. customer to GTOSS North America
- Adoption of the construction method for a canal rehabilitation project through collaboration with a major Indian precast concrete manufacturer
- Adoption of the construction method in a flood-control project through collaboration with a GTOSS member in the United Kingdom
Key KPIsA metric the company considers important as a management benchmark.
- Overseas revenue¥3,220 million
- Overseas revenue ratio16.5 %
- Number of GTOSS members (Europe)6 companiesYear on year against the same period last yearNo change
- Number of GTOSS members (Asia)11 companiesYear on year against the same period last yearIncreased from 10 companies
- Number of GTOSS members (North America)4 companiesYear on year against the same period last yearIncreased from 3 companies
Segment results
- Construction Equipment BusinessNet Sales¥14,068 million (+19.4% year on year)Operating profit¥2,826 million (+29.1% year on year)
- Press-in Construction BusinessNet Sales¥6,312 million (+2.1% year on year)Operating profit¥716 million (−21.7% year on year)
Financial targets
The dividend policy sets a DOE of 3.5% as the lower-limit benchmark. Financial targets such as ROE and ROIC are Not disclosedAnnual Dividend
¥54 (interim ¥27, year-end ¥27)Payout ratio
Target of approximately 40%; DOE of 3.5% as the lower-limit benchmarkAcquisition of treasury shares
The company mentions flexible share repurchases, but the repurchase amount, number of shares and period are Not disclosed| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | FY ending August 2026, third quarter |
| Net Sales | ¥19,508 million (YoY +11.9%) |
| Operating profit | ¥1,779 million (YoY +27.2%) |
| Ordinary income | ¥2,042 million (YoY +42.0%) |
| Net income | ¥1,466 million (YoY +225.0%) |
| Operating profit margin | 9.1% (8.0% in the same period of the previous year; change in percentage points: Not disclosed) |
| Selling, general and administrative expenses | ¥5,684 million |
| Results for the three months of the current quarter | Net Sales ¥5,413 million (−3.3% year on year) / Operating profit ¥305 million (+304.1% year on year) / Ordinary income ¥424 million (+353.8% year on year) / Profit attributable to owners of parent for the quarter ¥285 million (¥477 million loss in the same period of the previous year) |
| Full-year earnings forecast | Net Sales ¥27,800 million / Operating profit ¥2,900 million / Ordinary income ¥3,050 million / Profit attributable to owners of parent for the quarter ¥2,200 million / Earnings per share ¥86.73 |
| Segment results | Segment Construction Equipment Business / Net Sales ¥14,068 million (+19.4% year on year) / Operating profit ¥2,826 million (+29.1% year on year), Segment Press-in Construction Business / Net Sales ¥6,312 million (+2.1% year on year) / Operating profit ¥716 million (−21.7% year on year) |
| Breakdown of Factors Affecting the Change | Growth in domestic product sales and related businesses, steady performance in overseas markets in Asia and Europe, higher operating profit resulting from increased net sales, and a decrease in development-oriented projects in the press-in construction business |
| Key KPIs | Indicator name Overseas revenue / Value ¥3,220 million / Year on year against the same period last year Not disclosed, Indicator name Overseas revenue ratio / Value 16.5 % / Year on year against the same period last year Not disclosed, Indicator name Number of GTOSS members (Europe) / Value 6 companies / Year on year against the same period last year No change, Indicator name Number of GTOSS members (Asia) / Value 11 companies / Year on year against the same period last year Increased from 10 companies, Indicator name Number of GTOSS members (North America) / Value 4 companies / Year on year against the same period last year Increased from 3 companies |
| Assumptions Underlying the Business Outlook | Risks including interest rates, inflation and foreign-exchange fluctuations are mentioned, but the numerical assumptions are Not disclosed |
| Financial targets | The dividend policy sets a DOE of 3.5% as the lower-limit benchmark. Financial targets such as ROE and ROIC are Not disclosed |
| Annual Dividend | ¥54 (interim ¥27, year-end ¥27) |
| Payout ratio | Target of approximately 40%; DOE of 3.5% as the lower-limit benchmark |
| Acquisition of treasury shares | The company mentions flexible share repurchases, but the repurchase amount, number of shares and period are Not disclosed |
| New initiatives | Continuation of the technology research and development agreement for the Space Construction Innovation Project, Addition of 1 new Singapore customer to GTOSS ASIA, Addition of 1 new U.S. customer to GTOSS North America, Adoption of the construction method for a canal rehabilitation project through collaboration with a major Indian precast concrete manufacturer, Adoption of the construction method in a flood-control project through collaboration with a GTOSS member in the United Kingdom |
Items this document does not state (12)
Gross Profit MarginProgress against full-year forecastSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsCapital expendituresOrders received and order backlogMarket Size / ShareKey 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.Product sales and other businesses grew in Japan, while the Asian and European regions performed steadily overseas. The increase in net sales also led to higher operating profit. In the press-in construction business, development-oriented projects in Japan were limited in the third quarter and are planned to be concentrated in the fourth quarter, while a decline in high-value-added development-oriented projects also contributed to the decrease in profit.
How to read this page
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