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Earnings9163Nareru Group Inc.Information and Communications, Services and Others

Summary of Financial Results for the Third Quarter of the Fiscal Year Ending October 2026 [IFRS] (Consolidated)

Revenue for the cumulative third quarter of the fiscal year ending October 2026 increased 7.3% year on year, while operating profit declined 2.6%. Expenses increased due to investment in human resources and upfront investment in growth areas, while the full-year earnings forecast and dividend forecast remain unchanged.

Worth reading
57In 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
7.3
% (year-on-year change in revenue)
Wording
Conditional
How definitive the wording is.

Results for this period

Third quarter1 November 2025 to 31 July 2026ConsolidatedIFRS
Net Sales19,229¥ millionYear on year +7.3%Progress 65.7%
Operating profit2,203¥ millionYear on year -2.6%Progress 73.2%
Ordinary income2,144¥ millionYear on year -2.8%Progress 72.9%
Net income attributable to owners of the parent1,512¥ millionYear on year -5.4%Progress 72.3%

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¥172.84
Financial position at period-end
Total assets24,144¥ million
of which net assets 14,995 ¥ millionEquity ratio 62.1%vs. prior year-end +3.2pt

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+1,422,532
Investment-267,942
Financials-1,735,370
Net change-580,780

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).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¥4,241,584 thousand
Segment revenueConstruction solutions ¥17,350,247 thousand (YoY +8.1%), IT Solutions ¥1,879,091 thousand (YoY -0.2%)
Segment profitConstruction solutions ¥1,737,238 thousand (YoY -4.4%), IT Solutions ¥153,440 thousand (YoY +37.0%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥29,250 million (YoY +21.1%)
Operating profit¥3,010 million (YoY +6.5%)
Ordinary income¥2,940 million (YoY +6.6%)
Net income¥2,090 million (YoY +0.1%)
Annual Dividend Forecast¥115 → ¥115(0.0%)
Factors Behind Changes in Business Performance

Revenue increased because the number of engineers employed and the number working exceeded the levels in the same period of the previous year, and engineers' contract rates also rose. Operating profit declined because expenses increased due to investment in human resources to strengthen sales and recruitment capabilities, as well as upfront investment in growth areas such as construction DX and the introduction of skilled workers.

Disclosure regarding the going concern assumption

Not applicable.

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 No修正再表示 No
Changes in the scope of consolidationNew 0 companies (no company names provided) / Excluded 0 companies (no company names provided)
Material subsequent eventsNot applicable.
Depreciation and amortization¥268,104 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End8,753,889 shares
Treasury Shares at Period-End31 shares
Results for this period
ItemDetails
Fiscal Period ClassificationThird quarter
Accounting standardsIFRS
Consolidated / non-consolidatedConsolidated
Period Covered1 November 2025 to 31 July 2026
Net Sales¥19,229 million (YoY +7.3%)
Operating profit¥2,203 million (YoY -2.6%)
Ordinary income¥2,144 million (YoY -2.8%)
Profit attributable to owners of the parent¥1,512 million (YoY -5.4%)
Net income per share¥172.84
Equity ratioEnd of the current fiscal period 62.1 / End of previous period 58.9
Total assets¥24,144 million
Net assets¥14,995 million
Cash flows from operating activities¥1,422,532 thousand
Cash flows from investing activities¥-267,942 thousand
Cash flows from financing activities¥-1,735,370 thousand
Cash and cash equivalents at end of period¥4,241,584 thousand
Full-year earnings forecastNet Sales ¥29,250 million (YoY +21.1%) / Operating profit ¥3,010 million (YoY +6.5%) / Ordinary income ¥2,940 million (YoY +6.6%) / Net income ¥2,090 million (YoY +0.1%)
Annual Dividend Forecast¥115 → ¥115(0.0%)
Segment revenueConstruction solutions ¥17,350,247 thousand (YoY +8.1%), IT Solutions ¥1,879,091 thousand (YoY -0.2%)
Segment profitConstruction solutions ¥1,737,238 thousand (YoY -4.4%), IT Solutions ¥153,440 thousand (YoY +37.0%)
Depreciation and amortization¥268,104 thousand
Disclosure regarding the going concern assumptionNot applicable.
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNew 0 companies (no company names provided) / Excluded 0 companies (no company names provided)
Material subsequent eventsNot applicable.
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End8,753,889 shares
Treasury Shares at Period-End31 shares
Factors Behind Changes in Business PerformanceRevenue increased because the number of engineers employed and the number working exceeded the levels in the same period of the previous year, and engineers' contract rates also rose. Operating profit declined because expenses increased due to investment in human resources to strengthen sales and recruitment capabilities, as well as upfront investment in growth areas such as construction DX and the introduction of skilled workers.
Items this document does not state (8)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment lossBreakdown of extraordinary income (loss)

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.

Revenue increased because the number of engineers employed and the number working exceeded the levels in the same period of the previous year, and contract rates also rose. Operating profit declined because expenses increased due to investment in human resources to strengthen sales and recruitment capabilities, as well as upfront investment in growth areas such as construction DX and the introduction of skilled workers.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Summary of Financial Results for the Third Quarter of the Fiscal Year Ending October 2026 [IFRS] (Consolidated) | Nareru Group Inc. (9163) timely disclosure | Komori