FY2026 Q3 Financial Summary [Japanese GAAP] (Consolidated)

Overview of Performance

For the third quarter of the fiscal year ending March 2026, consolidated results showed net sales of JPY 60,041 million (18.4% increase YoY), operating income of JPY 5,051 million (112.4% increase YoY), ordinary income of JPY 5,242 million (103.4% increase YoY), and net income attributable to owners of parent of JPY 3,421 million (91.8% increase YoY), achieving both revenue and profit growth. The civil engineering and ground improvement segments remained solid, with improved profit margins driven particularly by progress in large carry-over projects and acquisition of additional change orders. The block segment experienced delayed market recovery resulting in revenue and profit declines; however, overall performance was favorable.

Financial Position and Dividend Status

Total assets stood at JPY 67,887 million (an increase of JPY 3,739 million from the end of the previous consolidated fiscal year), net assets amounted to JPY 37,381 million (an increase of JPY 2,706 million from the previous consolidated fiscal year-end), resulting in an improved equity ratio of 54.4%. The annual dividend is forecasted at JPY 90, representing an increase from JPY 60 in the previous term. Full-year earnings guidance anticipates net sales of JPY 80,000 million (15.0% increase YoY), operating income of JPY 4,900 million (54.2% increase YoY), and net income attributable to owners of parent of JPY 3,450 million (56.7% increase YoY), indicating expected profit growth.