Results for this period
Interim period (second quarter)1 April 2026 to 30 September 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 Millions of yen).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Orders received increased due to growth in maintenance work in the maintenance field and large-scale construction projects in the engineering field, while revenue from completed construction contracts decreased due to declines in periodic repair work in the maintenance field and small- and medium-sized construction projects in the engineering field. In addition to the decrease in gross profit on completed construction contracts resulting from lower revenue from completed construction contracts, selling, general and administrative expenses increased due to branding initiatives and investments in human capital, among other factors, causing operating income to decrease.
No applicable matters (none applicable)
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | 86,321 Millions of yen (YoY -3.4%) |
| Operating profit | 6,470 Millions of yen (YoY -18.0%) |
| Ordinary income | 6,580 Millions of yen (YoY -17.9%) |
| Profit attributable to owners of the parent | 4,365 Millions of yen (YoY -16.1%) |
| Net income per share | ¥26.95 |
| Equity ratio | End of the current fiscal period 72.1 / End of previous period 75.5 |
| Total assets | 127,701 Millions of yen |
| Net assets | 93,188 Millions of yen |
| Cash flows from operating activities | 3,097 Millions of yen |
| Cash flows from investing activities | -3,430 Millions of yen |
| Cash flows from financing activities | 2,024 Millions of yen |
| Cash and cash equivalents at end of period | 7,470 Millions of yen |
| Full-year earnings forecast | Net Sales 175,000 Millions of yen (YoY +0.3%) / Operating profit 13,000 Millions of yen (YoY -11.6%) / Ordinary income 13,250 Millions of yen (YoY -11.2%) / Net income 9,000 Millions of yen (YoY -14.0%) |
| Revision to Earnings Forecast | No revision |
| Annual Dividend Forecast | ¥117.00 (previous fiscal year actual, before the stock split) → Year-end dividend: ¥20.00 (annual total not shown) |
| Orders received and order backlog | Orders received 93,363 Millions of yen / Order backlog Not disclosed |
| Depreciation and amortization | 950 Millions of yen |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets 2 Millions of yen / Extraordinary loss Loss on sale of property, plant and equipment 0 Millions of yen, Loss on disposal of fixed assets 34 Millions of yen |
| Disclosure regarding the going concern assumption | No applicable matters (none applicable) |
| Change in accounting policy | Changes due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None |
| Changes in the scope of consolidation | None in either additions or exclusions (no material changes) |
| Material subsequent events | A stock split, amendments to the Articles of Incorporation in connection with the stock split, and the acquisition of treasury shares. Effective 1 October 2026, the Company split each share of common stock into 3 shares and acquired 137,300 treasury shares for ¥132 million between 1 October and 30 October 2026. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Held (for securities analysts and institutional investors) |
| Issued Shares at Period-End | 162,504,159 |
| Treasury Shares at Period-End | 714,882 |
| Factors Behind Changes in Business Performance | Orders received increased due to growth in maintenance work in the maintenance field and large-scale construction projects in the engineering field, while revenue from completed construction contracts decreased due to declines in periodic repair work in the maintenance field and small- and medium-sized construction projects in the engineering field. In addition to the decrease in gross profit on completed construction contracts resulting from lower revenue from completed construction contracts, selling, general and administrative expenses increased due to branding initiatives and investments in human capital, among other factors, causing operating income to decrease. |
Items this document does not state (7)
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.Because gross profit on completed construction contracts decreased as revenue from completed construction contracts declined, while selling, general and administrative expenses increased due to branding initiatives and investments in human capital, among other factors.