Worth reading
41Recurring
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
-363
¥ millionWording
Conditional
How definitive the wording is.Results for this period
First quarter1 January 2026–31 March 2026ConsolidatedJapanese GAAPNet Sales20,189¥ millionYear on year -0.7%Progress 26.9%
Operating profit2,692¥ millionYear on year -11.9%Progress 64.1%
Ordinary income2,846¥ millionYear on year -12.5%Progress 59.3%
Net income attributable to owners of the parent1,929¥ millionYear on year -19.7%
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¥84.69
Financial position at period-end
Total assets110,322¥ million
of which net assets 79,533 ¥ millionEquity ratio 71.3%vs. prior year-end -0.5pt
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.
Segment revenueDisaster Prevention and Infrastructure Business ¥9,976 million (YoY +17.7%), Environmental and energy business ¥6,568 million (YoY -14.6%), International Business ¥3,793 million (YoY -12.3%)
Segment profitDisaster Prevention and Infrastructure Business ¥2,423 million (YoY +161.5%), Environmental and energy business ¥668 million (YoY -62.1%), International Business ¥-428 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥75,000 million (YoY -1.7%)
Operating profit¥4,200 million (YoY +2.2%)
Ordinary income¥4,800 million (YoY -3.1%)
Profit attributable to owners of the parent¥3,900 million (YoY -10.0%)
Annual Dividend Forecast¥110 → ¥110（0.0%）
Factors Behind Changes in Business Performance
Demand for restoration work related to the Noto Peninsula Earthquake subsided; demand for detailed surveys in the offshore wind power sector was postponed; costs preceded revenue recognition on certain projects; and, in the international business, the shipment timing of certain products was pushed back and the timing of business progress shifted into a different period.
Disclosure regarding the going concern assumption
No applicable matters
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 consolidationNo material changes (the number and names of additions and exclusions are Not disclosed)
Impairment lossNone recorded (no applicable matter)
Breakdown of extraordinary income (loss)Extraordinary income Subsidy income ¥3 million, Gain on sale of non-current assets ¥49 million / Extraordinary loss Loss on sale of fixed assets ¥39 million, Loss on sale of investment securities ¥0 million
Depreciation and amortization¥429 million
Orders received and order backlogOrders received ¥26,256 million / Order backlog Not disclosed
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNone (対象者：Not applicable)
Issued Shares at Period-End24,322,000 Shares
Treasury Shares at Period-End1,534,426 Shares
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026–31 March 2026 |
| Net Sales | ¥20,189 million (YoY -0.7%) |
| Operating profit | ¥2,692 million (YoY -11.9%) |
| Ordinary income | ¥2,846 million (YoY -12.5%) |
| Profit attributable to owners of the parent | ¥1,929 million (YoY -19.7%) |
| Net income per share | ¥84.69 |
| Equity ratio | End of the current fiscal period 71.3 / End of previous period 71.8 |
| Total assets | ¥110,322 million |
| Net assets | ¥79,533 million |
| Full-year earnings forecast | Net Sales ¥75,000 million (YoY -1.7%) / Operating profit ¥4,200 million (YoY +2.2%) / Ordinary income ¥4,800 million (YoY -3.1%) / Profit attributable to owners of the parent ¥3,900 million (YoY -10.0%) |
| Annual Dividend Forecast | ¥110 → ¥110（0.0%） |
| Segment revenue | Disaster Prevention and Infrastructure Business ¥9,976 million (YoY +17.7%), Environmental and energy business ¥6,568 million (YoY -14.6%), International Business ¥3,793 million (YoY -12.3%) |
| Segment profit | Disaster Prevention and Infrastructure Business ¥2,423 million (YoY +161.5%), Environmental and energy business ¥668 million (YoY -62.1%), International Business ¥-428 million |
| Orders received and order backlog | Orders received ¥26,256 million / Order backlog Not disclosed |
| Depreciation and amortization | ¥429 million |
| Impairment loss | None recorded (no applicable matter) |
| Breakdown of extraordinary income (loss) | Extraordinary income Subsidy income ¥3 million, Gain on sale of non-current assets ¥49 million / Extraordinary loss Loss on sale of fixed assets ¥39 million, Loss on sale of investment securities ¥0 million |
| Disclosure regarding the going concern assumption | No applicable matters |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | No material changes (the number and names of additions and exclusions are Not disclosed) |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | None (対象者：Not applicable) |
| Issued Shares at Period-End | 24,322,000 Shares |
| Treasury Shares at Period-End | 1,534,426 Shares |
| Factors Behind Changes in Business Performance | Demand for restoration work related to the Noto Peninsula Earthquake subsided; demand for detailed surveys in the offshore wind power sector was postponed; costs preceded revenue recognition on certain projects; and, in the international business, the shipment timing of certain products was pushed back and the timing of business progress shifted into a different period. |
Items this document does not state (10)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesMaterial 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.Demand for restoration work related to the Noto Peninsula Earthquake, which was at a high level in the previous fiscal year, subsided; detailed survey projects in the offshore wind power sector were postponed; costs preceded revenue recognition on certain projects in the environmental and energy business; and, in the international business, the shipment timing of certain products was pushed back and the timing of business progress shifted into a different period.
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.