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Results6366Chiyoda CorporationConstruction and Materials

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

For the interim period of the fiscal year ending March 2027, sales were lower than in the same period of the previous fiscal year, while operating profit and interim net income attributable to owners of the parent increased. The full-year forecast was revised to sales of ¥400 billion and operating profit of ¥26.5 billion, among other items, with operating profit expected to decline 67.7% from the previous fiscal year.

Worth reading
69In focus
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
-67.7
% (year-on-year change in full-year operating profit forecast)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales180,856¥ millionYear on year -7.1%Progress 45.2%
Operating profit16,126¥ millionYear on year +3.3%Progress 60.9%
Ordinary income19,516¥ millionYear on year -0.4%Progress 61.0%
Net income attributable to owners of the parent18,024¥ millionYear on year +2.5%

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¥51.43
Financial position at period-end
Total assets384,333¥ million
of which net assets 75,070 ¥ millionEquity ratio 18.9%vs. prior year-end -3.3pt

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-13,915
Investment+667
Financials-75,827
Net change-89,075

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¥156,062 million
Segment revenueEngineering Business ¥180,527 million, Other businesses ¥329 million
Regional sales¥76,851 million, ¥104,005 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥400,000 million (YoY -19.0%)
Operating profit¥26,500 million (YoY -67.7%)
Ordinary income¥32,000 million (YoY -65.4%)
Profit attributable to owners of the parent¥28,000 million (YoY -66.9%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥400,000 million / Operating profit Not disclosed → ¥26,500 million / Ordinary income Not disclosed → ¥32,000 million / Profit attributable to owners of the parent Not disclosed → ¥28,000 million
Annual Dividend Forecast¥0.00 (actual for the fiscal year ending March 2026) → To be determined
Factors Behind Changes in Business Performance

Consolidated revenue from completed construction contracts decreased due to the recognition of additional revenue on overseas projects that have been completed, steady progress on major domestic projects related to advanced materials, and steady progress on large overseas projects toward completion, among other factors. In addition to these factors, operating profit increased as a result of ongoing efforts to optimize fixed costs.

Disclosure regarding the going concern assumption

No applicable items

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 Yes修正再表示 No
Changes in the scope of consolidationNew Not disclosed / Excluded Not disclosed / Company name Not disclosed / Material changes No
Breakdown of extraordinary income (loss)Extraordinary income Gain on liquidation of an affiliated company ¥753 million / Extraordinary loss Impairment Losses on Investment Securities ¥98 million
Depreciation and amortization¥1,543 million
Orders received and order backlogOrders received ¥107,647 million / Order backlog ¥529,610 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for investors and analysts)
Issued Shares at Period-End260,324,529
Treasury Shares at Period-End1,094,645
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 September 2026
Net Sales¥180,856 million (YoY -7.1%)
Operating profit¥16,126 million (YoY +3.3%)
Ordinary income¥19,516 million (YoY -0.4%)
Profit attributable to owners of the parent¥18,024 million (YoY +2.5%)
Net income per share¥51.43
Equity ratioEnd of the current fiscal period 18.9 / End of previous period 22.2
Total assets¥384,333 million
Net assets¥75,070 million
Cash flows from operating activities¥-13,915 million
Cash flows from investing activities¥667 million
Cash flows from financing activities¥-75,827 million
Cash and cash equivalents at end of period¥156,062 million
Full-year earnings forecastNet Sales ¥400,000 million (YoY -19.0%) / Operating profit ¥26,500 million (YoY -67.7%) / Ordinary income ¥32,000 million (YoY -65.4%) / Profit attributable to owners of the parent ¥28,000 million (YoY -66.9%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥400,000 million / Operating profit Not disclosed → ¥26,500 million / Ordinary income Not disclosed → ¥32,000 million / Profit attributable to owners of the parent Not disclosed → ¥28,000 million
Annual Dividend Forecast¥0.00 (actual for the fiscal year ending March 2026) → To be determined
Segment revenueEngineering Business ¥180,527 million, Other businesses ¥329 million
Regional sales¥76,851 million, ¥104,005 million
Orders received and order backlogOrders received ¥107,647 million / Order backlog ¥529,610 million
Depreciation and amortization¥1,543 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on liquidation of an affiliated company ¥753 million / Extraordinary loss Impairment Losses on Investment Securities ¥98 million
Disclosure regarding the going concern assumptionNo applicable items
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate Yes / Restatement No
Changes in the scope of consolidationNew Not disclosed / Excluded Not disclosed / Company name Not disclosed / Material changes No
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for investors and analysts)
Issued Shares at Period-End260,324,529
Treasury Shares at Period-End1,094,645
Factors Behind Changes in Business PerformanceConsolidated revenue from completed construction contracts decreased due to the recognition of additional revenue on overseas projects that have been completed, steady progress on major domestic projects related to advanced materials, and steady progress on large overseas projects toward completion, among other factors. In addition to these factors, operating profit increased as a result of ongoing efforts to optimize fixed costs.
Items this document does not state (6)
Operating MarginPayout ratioShareholder Return PolicySegment profitImpairment 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.

The reasons cited include additional revenue recognized on overseas projects that have been completed, steady progress on major domestic projects related to advanced materials, progress toward completion of large overseas projects, and ongoing efforts to optimize fixed costs. Ordinary income was attributed to factors including interest income and foreign exchange losses, while interim net income attributable to owners of the parent was attributed to the recognition of corporate income taxes and other items.

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Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | Chiyoda Corporation (6366) timely disclosure | Komori