Financial Results Explanation for Fiscal Year Ending March 2026 – May 11, 2026

Overview of Performance

The consolidated results for the fiscal year ending March 2026 show order backlog of ¥81.056 billion (up 4.1% YoY), net sales of ¥837.97 billion (up 24.7%), and operating income of ¥5.87 billion (up 58.4%). Net income attributable to owners of the parent significantly increased to ¥4.165 billion (up 73.0% YoY). The main factors contributing to this increase include the progress of large-scale projects such as the Noto Peninsula Earthquake Recovery construction and the Hokkaido Shinkansen extension project, as well as improved profitability confirmed during the order stage and thorough cost management during construction, resulting in an improved profit margin. The gross profit margin also improved by 0.2 points to 18.9% compared to the same period last year.

Assets, Financial Status, and Future Outlook

Total assets amounted to ¥62.39 billion, and net assets reached ¥37.961 billion, mainly due to increased capital investments and machinery to support the Noto Peninsula Earthquake recovery projects. Cash and cash equivalents stood at ¥17.699 billion. The earnings forecast for the fiscal year ending March 2027 projects net sales of ¥80.5 billion and an operating income of ¥5.5 billion. Under the next medium-term management plan 2026, the company aims to establish a stable profit-generating and growth-supportive structure, targeting net sales of over ¥81.5 billion and operating income of over ¥5.7 billion.