【Miyaji Engineering】2026 Fiscal Year Results｜Sales of ¥5.6659 trillion (△24.2%)

Performance Overview

Miyaji Engineering's fiscal year ending March 2026 reported sales of ¥5,665.9 billion (△24.2%), operating profit of ¥45.25 billion (△50.6%), and net income attributable to owners of parent of ¥32.64 billion (△32.7%), indicating substantial declines in both sales and profits. The order backlog also decreased by 29.2% to ¥50.577 billion, impacted mainly by reductions in new bridge and civil engineering projects. Sales dipped below the previous year due to a decline in large-scale renewal and maintenance projects, and despite efforts to improve cost efficiency and reform work styles, profitability deteriorated.

Outlook and Impact on Shareholders

The challenging business environment is expected to persist into the first half of the next medium-term management plan, with order outlooks for the fiscal year ending March 2027 also anticipated to fall below the previous year. However, improvements in infrastructure development and urban redevelopment are expected to contribute to a recovery in orders in the latter half. The planned dividend for the fiscal year-end is ¥55, with an annual dividend of ¥97.5, continuing shareholder returns while focusing on enhancing technological capabilities and productivity to achieve long-term growth.