洋基工程 reported revenue of ¥14.65 billion and net income after tax of ¥1.75 billion in 2026 Q3, while EPS reached a record high of ¥13.16. Cumulative Q1-Q3 revenue of ¥32.76 billion, net income of ¥4.06 billion and EPS of ¥30.62 also marked record highs.
洋基工程 (6691.TW) reported revenue of ¥14.65 billion and net income after tax of ¥1.75 billion in 2026 Q3. EPS was ¥13.16, with all figures significantly exceeding the year-earlier period and reaching record highs. The Q3 gross margin was 16.9% and operating income was ¥2.22 billion, both substantially above the year-earlier period.
The sharp expansion in earnings was driven by the company’s entry into the supply chains of major international companies in 2024 and 2025 and its receipt of multiple large projects worth ¥10.0 billion to ¥20.0 billion. Revenue from these projects is recognized monthly under the percentage-of-completion method. The company has evolved from a cleanroom mechanical and electrical subcontractor into a GC, with individual projects exceeding ¥20.0 billion in scale.
Semiconductors are the core of its business. The revenue contribution from AI data centers rose from 2.9% in 2024 to 12.26% in 3Q26. Overseas revenue accounted for 14.3%, comprising 6.7% from China and 6.5% from Thailand. Unrecognized revenue stood at ¥57.1 billion, above the end of the previous quarter, and had increased to approximately ¥63.0 billion at the end of October.
The company expects Q4 2026 revenue to be around the same level as Q3, with full-year growth expected to approach 100%. It is targeting growth in 2027 at a level similar to 2026, while projects in Japan and elsewhere are expected to contribute to overseas revenue. Orders on hand, including Phase 2 of the Kumamoto project, are already included in the ¥57.1 billion figure, and the company is said to be aiming to exceed ¥100.0 billion in orders on hand within the next quarter.