Construction work restrictions related to the Osaka-Kansai Expo and temporary pressure on earnings
First written in FY2026-H1. 3 of 4 entries say "Materialised", first in FY2026-H1. Latest entry: FY2026.
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- FY2026MaterialisedAnnual report
「In the construction business, sales were boosted by 株式会社天野建設 joining the Group in March 2026. However, sales fell below the previous fiscal year because 今田建設株式会社 and ハーミット株式会社, which undertake railway construction related to the Osaka Metro, were affected by restrictions on construction during the Osaka-Kansai Expo.」
Restrictions on construction during the Osaka-Kansai Expo continued to weigh on full-year sales in the construction business. However, segment profit exceeded the previous fiscal year due to contract price increases and other factors. - FY2026-H1MaterialisedAnnual report
「In the construction business, revenue was ¥1.582328 billion, down 25.3% year on year, because construction work was restricted during Expo 2025 Osaka-Kansai at 今田建設株式会社 and ハーミット株式会社, which undertake railway construction, primarily for Osaka Metro. In addition to these factors, the two companies incurred one-time expenses associated with the relocation of their head offices in November 2025, resulting in a segment loss of ¥130.682 million, compared with segment profit of ¥51.232 million in the same period of the previous year.」
Restrictions on railway construction during Expo 2025 Osaka-Kansai, the reaction to rush demand in the same period of the previous year and head office relocation expenses caused revenue in the construction business to decline 25.3%, while segment profit turned into a loss.