Miyaji Engineering Group,Inc.
Miyaji Engineering Group Co., Ltd.: Consolidated Financial Results for the First Quarter of the Fiscal Year Ending March 2027 (Japanese GAAP) (Consolidated)
For the first quarter of the fiscal year ending March 2027, the consolidated results show net sales of 11,427,000,000 yen, down 22.4% YoY, operating income of 341,000,000 yen, ordinary income of 465,000,000 yen, and net income attributable to owners of the parent of 431,000,000 yen. The next quarter's outlook remains unchanged. Orders increased due to large-scale projects from MM Bridge, but overall progress on large projects slowed and small-scale projects increased. By segment, Miyaji Engineering's sales and profits declined, MM Bridge saw orders rise but sales and operating income fell. Financial position shows decreases in current assets and liabilities, with equity attributable to owners of the parent also down. There were no share repurchases during the period.
Key Figures
- Sales: 114,270 million yen (YoY △22.4%)
- Operating income: 341 million yen (YoY △76.3%)
- Net income attributable to owners of the parent: 431 million yen (YoY △53.2%)
AI要約
Overview of performance
The current term's consolidated results declined versus the previous year, mainly due to delays in large-scale project execution and deterioration in profitability of small-scale projects, resulting in decreases in both net sales and profits. By segment, Miyaji Engineering saw declines in sales and profits, while MM Bridge posted higher orders but lower sales and operating income. Quarterly net income declined significantly year over year. The outlook for orders remains uncertain, but large renewal and maintenance projects continue to win new orders; the company will strengthen its structure toward the medium-term plan.
Outlook and strategy
With awareness of the medium-term management plan (2027–2031), we will focus on productivity improvements and talent acquisition and development as the final year of the current mid-term plan, promoting efficiency through DX. We will optimize resource allocation and the business portfolio in anticipation of a recovery in orders, particularly focusing on new construction-related, large-scale renovations, and private sector projects to respond to the recovery phase. No changes to the full-year earnings forecast for the fiscal year ending March 2027.
Sales Trend
Operating Income Trend
Segment Revenue
Segment Profit Margin
Miyaji Engineering Group Co., Ltd.
Company overview · Stock price · Financial data · All IR
