Financial Results Supplementary Explanation for Fiscal Year Ending March 2026 (Consolidated)

Business Performance Overview

For the fiscal year ending March 2026, net sales reached 81.7 billion yen, a 12,143 million yen increase from the previous year. Segment-wise, the civil engineering business was 33.739 billion yen (up 5,355 million yen YoY), the ground improvement business was 46.135 billion yen (up 6,853 million yen YoY), and the block business was 2.329 billion yen (down 318 million yen YoY). Operating profit was 5.919 billion yen, an increase of 2,742 million yen from the previous year. Ground improvement business's operating profit grew significantly to 7.164 billion yen, while civil engineering business decreased to 280 million yen. Net income attributable to owners of the parent was 4.461 billion yen, up 2,259 million yen YoY.

Financial Position and Shareholder Returns

Total assets were 71.168 billion yen, equity was 38.077 billion yen, and the equity ratio was 53.5%, remaining roughly unchanged from the previous year. Cash flows from operating activities were negative 2.302 billion yen. Capital expenditure increased substantially to 6.917 billion yen compared to the previous year. As for shareholder returns, the dividend per share is scheduled to increase from 60 yen to 115 yen, with a total dividend payout of 1.759 billion yen. The number of shares outstanding at year-end remains unchanged at 16,490 thousand shares. The stock price is 2,948 yen per share, up 723 yen from the previous year, with a Price Earnings Ratio (PER) of 10.0 times.