Ya作 Construction Industry Co., Ltd. “First Quarter Financial Summary for the Fiscal Year Ending March 2027 (Japanese GAAP, Consolidated)”

Overview of Financial Results

For the first three months (cumulative) of the fiscal year ending March 2027, net sales were 31,596 million yen, down 23.2% from the same period last year. Operating income was 1,540 million yen and ordinary income was 1,638 million yen, recording a substantial decline. Conversely, net income attributable to owners of the parent was 2,953 million yen, up 15.3% year over year. Orders received totaled 17,933 million yen, down 38.5% YoY. By segment, completed construction revenue was 30,545 million yen (Construction: large decline; Civil Engineering: down 30.3%), Real Estate segment was 1,050 million yen (down 80.7%). The impact of rising material costs and higher labor costs continues. The full-year earnings forecast for the year ending March 2027 has already been revised and announced.

Financial Position and Outlook

At the end of the first quarter, total assets stood at 126,115 million yen, and the equity ratio was 60.2%, relatively stable. Liabilities decreased to 50,171 million yen. Supplemental materials for the financial results are prepared, and the results briefing materials are disclosed on TDnet. For the full-year earnings forecast for the fiscal year ending March 2027, revisions for the interim and full year have already been announced, and going forward, demand trends and the movements in material costs will be the focus.