Results for this period
Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAPThe 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.
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.
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.
A review of the profitability of the GPX project, steady progress on major projects underway in Japan and overseas, and an improvement in foreign exchange gains and losses. Revenue increased due to a review following the execution of a revised EPC contract and steady progress on major projects in Japan and overseas.
No applicable matters ("There are no applicable matters")
| 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 | ¥493,942 million (YoY +8.1%) |
| Operating profit | ¥82,102 million (YoY +236.2%) |
| Ordinary income | ¥92,474 million (YoY +187.2%) |
| Profit attributable to owners of the parent | ¥84,663 million (YoY +213.7%) |
| Net income per share | ¥318.61 |
| Operating Margin | 16.6% |
| Equity ratio | End of the current fiscal period 22.2% / End of previous period 5.1% |
| Total assets | ¥513,817 million |
| Net assets | ¥115,860 million |
| Cash flows from operating activities | ¥26,132 million |
| Cash flows from investing activities | ¥-3,279 million |
| Cash flows from financing activities | ¥-1,652 million |
| Cash and cash equivalents at end of period | ¥242,376 million |
| Full-year earnings forecast | Net Sales ¥340,000 million (YoY -31.2%) / Operating profit ¥10,000 million (YoY -87.8%) / Ordinary income ¥14,000 million (YoY -84.9%) / Net income ¥12,000 million (YoY -85.8%) |
| Annual Dividend Forecast | 0.00 yen and sen → To be determined（To be determined） |
| Payout ratio | 0.0% |
| Segment revenue | Segment Engineering Business / Net Sales ¥493,275 million / Year-on-year (%) ¥8.1 million |
| Regional sales | Region Domestic / Net Sales ¥142,932 million / Year-on-year (%) ¥40.4 million, Region Overseas expansion / Net Sales ¥351,009 million / Year-on-year (%) ¥-1.2 million |
| Orders received and order backlog | Orders received ¥298,024 million / Order backlog ¥613,056 million |
| Depreciation and amortization | ¥3,260 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on liquidation of affiliates ¥214 million / Extraordinary loss Loss on termination of retirement benefit plans ¥108 million, Impairment loss on investment securities ¥106 million |
| Disclosure regarding the going concern assumption | No applicable matters ("There are no applicable matters") |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Material subsequent events | Although construction work on the NFE project in Qatar was temporarily suspended due to heightened tensions in the Middle East, construction resumed in mid-March 2026. The Company acquired 110,400,000 Class A preferred shares for a total of ¥55,111,680,000, which are scheduled to be cancelled on 30 June 2026. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Institutional investors and analysts |
| Issued Shares at Period-End | 260,324,529 shares |
| Treasury Shares at Period-End | 1,161,330 shares |
| Factors Behind Changes in Business Performance | A review of the profitability of the GPX project, steady progress on major projects underway in Japan and overseas, and an improvement in foreign exchange gains and losses. Revenue increased due to a review following the execution of a revised EPC contract and steady progress on major projects in Japan and overseas. |
Items this document does not state (5)
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.A review of the profitability of the GPX project following the execution of a revised EPC contract, steady progress on major projects underway in Japan and overseas, and an improvement in foreign exchange gains and losses. Common shares will not receive a dividend because the entire distributable amount will be allocated to the redemption of preferred shares until the redemption of Class A preferred shares is completed.