First Quarter Fiscal Year 2027 Financial Summary (Japanese GAAP) (Consolidated)

Overview of results

Consolidated revenue for this quarter was 4,280 million yen, down 4.4% year over year, and operating income was 339 million yen, down 29.9%, primarily due to ongoing environmental factors such as rising material costs. By segment, concrete products saw a notable decline, while manufacturing, construction, and maintenance of gates and weirs remained solid on the back of progress on large projects. Overall, although a deceleration is evident, the company is pursuing organizational reforms and growth acceleration under Plan C³. The full-year outlook remains at revenue of 22,200 million yen, operating income of 3,520 million yen, and net income attributable to owners of parent of 2,250 million yen.

Outlook and capital structure

There is no change to the full-year forecast, and total assets are decreasing. Increases in cash and deposits and decreases in notes receivable and accounts receivable influence cash flows. As the first stage of Long-Term Vision 2035, Plan C³ will continue to be implemented, maintaining infrastructure demand resilience and the pass-through of material costs. On a quarterly basis, progress varies by segment, and order backlog movements and cost control will be key.