Financial Statements for the First Quarter of the Fiscal Year Ending January 2027 (Consolidated, Japanese GAAP)

Summary of results

In the first quarter of this term, revenue surged due to progress on large-scale projects and orders with favorable profitability. Net sales of JPY 3,273,579 thousand (up 29.3% YoY), operating profit of JPY 353,498 thousand, ordinary profit of JPY 370,731 thousand, and net income attributable to owners of the parent of JPY 259,896 thousand, marking a significant improvement. The gross profit margin improved and cost control was effective. The main segments are demolition and maintenance, with other segments including human resources services.

Outlook and strategy

Formulated the Mid-Term Management Plan 2030, prioritizing development of carbon-reducing demolition methods, AI utilization, expansion of bases in plant clustering regions, and exploration of overseas markets. For the full year ending 2027, expected net sales of JPY 13,000,000 thousand, operating profit of JPY 1,000,000 thousand, ordinary profit of JPY 1,020,000 thousand, and net income attributable to owners of the parent of JPY 700,000 thousand. Effects from the Kawasaki incident have not been quantified and are not included in the forecast.