Worth reading
56In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Deterioration
Direction inferred from the company’s description.Scale
-947
¥ million (year-on-year change in revenue)Wording
Conditional
How definitive the wording is.Contents of this document
Presentation materials for financial resultsSecond quarter (interim period) of the fiscal year ending September 202610 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥23,627 million-3.9%
Operating profit¥3,447 million-10.2%
Ordinary income¥3,237 million-12.0%
Net income¥2,081 million-14.4%
Operating profit margin6.7%
Selling, general and administrative expenses¥4,051 million+1.0%
Full-year earnings forecast
Net Sales
¥45,000 million
Operating profit
¥3,000 million
Ordinary income
¥3,070 million
Profit attributable to owners of the parent
¥2,030 million
Operating profit margin
6.7%
Annual dividend per share
¥44
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Orders decreasedDelays in the passage of annual budgets for public works and other factors
Revenue declineDelays in the passage of annual budgets for public works and other factors
Continued operating profit declineLower net sales, higher prices across the board, increased personnel expenses, and stepped-up investment in IT, DX and human resources
New initiatives
- Strategic partnership with Ad-Sol Nissin Corporation
- Selection for the Shutoko Open Innovation Challenge -Robotics＆Software-
- Demonstration testing for Level 4 drone surveying flights
- Joint development of the river management system “X-EVA” using 3D Web GIS
- Renewal of the seafloor topographic mapping app “釣りドコ”
- Launch of comprehensive private-sector outsourcing for water supply and sewerage operations in Joyo City
- Company-wide rollout of the in-house generative AI “αGeAI” and development of new services using generative AI
Key KPIsA metric the company considers important as a management benchmark.
- Orders received¥16,289 million-12.2%
- Order backlog¥18,706 million-0.7%
- Social Infrastructure Management Business sales mix61.5 %
- Land Conservation Consulting Business sales mix31.5 %
- Other sales mix7 %
Segment results
Social Infrastructure Management Business
Orders received
¥10,931 million-10.5%
Order backlog
¥14,412 million+1.7%
Net Sales
¥14,540 million+1.0%
Land Conservation Consulting Business
Orders received
¥4,409 million-5.4%
Order backlog
¥3,530 million+12.2%
Net Sales
¥7,437 million-2.9%
Other
Orders received
¥949 million-43.4%
Order backlog
¥763 million-49.3%
Net Sales
¥1,649 million-34.6%
Medium-term management plan targets
Medium-Term Management Plan 2026 (fiscal years 77 through 79)
Target fiscal yearFiscal year ending September 2026
Net Sales
¥45 billion or more
Operating profit
¥3 billion or more
ROE
9% or more
Financial targets
Medium-Term Management Plan 2026
ROE9% or more
Long-Term Vision 2033
Net Sales¥60 billion
Operating profit¥4.5 billion
ROE10%
Orders received and order backlog
Orders received
¥16,289 million-12.2%
Order backlog
¥18,706 million-0.7%
Number of employees
1,886 People
As ofEnd of March 2026
Annual Dividend
¥44 per share
Interim20
End of period24
Payout ratio
39.4 %
Target35% or more
| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | Second quarter (interim period) of the fiscal year ending September 2026 |
| Net Sales | ¥23,627 million (YoY -3.9%) |
| Operating profit | ¥3,447 million (YoY -10.2%) |
| Ordinary income | ¥3,237 million (YoY -12.0%) |
| Net income | ¥2,081 million (YoY -14.4%) |
| Operating profit margin | 6.7% |
| Selling, general and administrative expenses | ¥4,051 million (YoY +1.0%) |
| Full-year earnings forecast | Net Sales ¥45,000 million / Operating profit ¥3,000 million / Ordinary income ¥3,070 million / Profit attributable to owners of the parent ¥2,030 million / Operating profit margin 6.7% / Annual dividend per share ¥44 |
| Segment results | Social Infrastructure Management Business Orders received ¥10,931 million (YoY -10.5%) / Order backlog ¥14,412 million (YoY +1.7%) / Net Sales ¥14,540 million (YoY +1.0%) / Land Conservation Consulting Business Orders received ¥4,409 million (YoY -5.4%) / Order backlog ¥3,530 million (YoY +12.2%) / Net Sales ¥7,437 million (YoY -2.9%) / Other Orders received ¥949 million (YoY -43.4%) / Order backlog ¥763 million (YoY -49.3%) / Net Sales ¥1,649 million (YoY -34.6%) |
| Breakdown of Factors Affecting the Change | Orders decreased Delays in the passage of annual budgets for public works and other factors / Revenue decline Delays in the passage of annual budgets for public works and other factors / Continued operating profit decline Lower net sales, higher prices across the board, increased personnel expenses, and stepped-up investment in IT, DX and human resources |
| Key KPIs | Orders received ¥16,289 million (YoY -12.2%), Order backlog ¥18,706 million (YoY -0.7%), Social Infrastructure Management Business sales mix 61.5 %, Land Conservation Consulting Business sales mix 31.5 %, Other sales mix 7 % |
| Number of employees | 1,886 People |
| Medium-term management plan targets | Subject Medium-Term Management Plan 2026 (fiscal years 77 through 79) / Target fiscal year Fiscal year ending September 2026 / Net Sales ¥45 billion or more / Operating profit ¥3 billion or more / ROE 9% or more |
| Financial targets | Medium-Term Management Plan 2026 ROE 9% or more / Long-Term Vision 2033 Net Sales ¥60 billion / Operating profit ¥4.5 billion / ROE 10% |
| Annual Dividend | ¥44 per share |
| Payout ratio | 39.4 % |
| Orders received and order backlog | Orders received ¥16,289 million (YoY -12.2%) / Order backlog ¥18,706 million (YoY -0.7%) |
| New initiatives | Strategic partnership with Ad-Sol Nissin Corporation, Selection for the Shutoko Open Innovation Challenge -Robotics＆Software-, Demonstration testing for Level 4 drone surveying flights, Joint development of the river management system “X-EVA” using 3D Web GIS, Renewal of the seafloor topographic mapping app “釣りドコ”, Launch of comprehensive private-sector outsourcing for water supply and sewerage operations in Joyo City, Company-wide rollout of the in-house generative AI “αGeAI” and development of new services using generative AI |
Items this document does not state (12)
Gross Profit MarginResults for the three months of the current quarterProgress against full-year forecastSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookAcquisition of treasury sharesCapital expendituresMarket Size / ShareKey points of the Q&A
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.Orders received and net sales declined due to delays in the passage of annual budgets for public works and other factors. In addition, higher prices across the board, increased personnel expenses, and higher SG&A expenses associated with stepped-up investment in IT, DX and human resources weighed on profits.
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.