Annual report

Period2025-04-01 → 2026-03-31
Filed2026-06-25
StandardJapan GAAP
ConsolidatedYes
Data checks22 of 22 passed
Key figures · 148
MetricValuePeriodScopeSource row
Revenue¥487.7bn2025-04-01 → 2026-03-31Cons.Net sales
Revenue¥498.6bn2024-04-01 → 2025-03-31Cons.Net sales
Revenue¥443.2bn2023-04-01 → 2024-03-31vCons.Net sales (5-year summary)
Revenue¥403.5bn2022-04-01 → 2023-03-31vCons.Net sales (5-year summary)
Revenue¥425.2bn2021-04-01 → 2022-03-31vCons.Net sales (5-year summary)
Operating income¥27.1bn2025-04-01 → 2026-03-31Cons.Operating income
Operating income¥14.3bn2024-04-01 → 2025-03-31Cons.Operating income
Ordinary income¥27.0bn2025-04-01 → 2026-03-31Cons.Ordinary income
Ordinary income¥14.4bn2024-04-01 → 2025-03-31Cons.Ordinary income
Ordinary income¥13.0bn2023-04-01 → 2024-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥12.2bn2022-04-01 → 2023-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥23.7bn2021-04-01 → 2022-03-31vCons.Ordinary income loss (5-year summary)
Profit before tax¥29.9bn2025-04-01 → 2026-03-31Cons.Income before income taxes
Profit before tax¥13.8bn2024-04-01 → 2025-03-31Cons.Income before income taxes
Net income (owners)¥20.1bn2025-04-01 → 2026-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥9.4bn2024-04-01 → 2025-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥8.3bn2023-04-01 → 2024-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥8.0bn2022-04-01 → 2023-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥15.8bn2021-04-01 → 2022-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥20.1bn2025-04-01 → 2026-03-31Cons.Profit loss
Net income¥9.4bn2024-04-01 → 2025-03-31Cons.Profit loss
Total assets¥448.9bnat 2026-03-31Cons.Assets
Total assets¥462.5bnat 2025-03-31Cons.Assets
Total assets¥467.2bnat 2024-03-31vCons.Total assets (5-year summary)
Total assets¥376.6bnat 2023-03-31vCons.Total assets (5-year summary)
Total assets¥371.1bnat 2022-03-31vCons.Total assets (5-year summary)
Total liabilities¥261.1bnat 2026-03-31Cons.Liabilities
Total liabilities¥280.7bnat 2025-03-31Cons.Liabilities
Net assets / equity¥187.9bnat 2026-03-31Cons.Net assets
Net assets / equity¥181.8bnat 2025-03-31Cons.Net assets
Net assets / equity¥180.0bnat 2024-03-31vCons.Net assets
Net assets / equity¥169.9bnat 2023-03-31vCons.Net assets (5-year summary)
Net assets / equity¥169.3bnat 2022-03-31vCons.Net assets (5-year summary)
Cash and deposits¥64.7bnat 2026-03-31Cons.Cash and deposits
Cash and deposits¥50.2bnat 2025-03-31Cons.Cash and deposits
Cash & equivalents¥64.7bnat 2026-03-31Cons.Cash and cash equivalents
Cash & equivalents¥50.2bnat 2025-03-31Cons.Cash and cash equivalents
Cash & equivalents¥70.1bnat 2024-03-31vCons.Cash and cash equivalents
Cash & equivalents¥41.0bnat 2023-03-31vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥67.4bnat 2022-03-31vCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥25.0bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥8.2bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥17.0bn2023-04-01 → 2024-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow−¥18.8bn2022-04-01 → 2023-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥8.3bn2021-04-01 → 2022-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥6.5bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥12.0bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥10.8bn2023-04-01 → 2024-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥8.5bn2022-04-01 → 2023-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥3.4bn2021-04-01 → 2022-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥5.3bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥16.5bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in financing activities
Financing cash flow¥22.3bn2023-04-01 → 2024-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥456m2022-04-01 → 2023-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥9.7bn2021-04-01 → 2022-03-31vCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥116.932025-04-01 → 2026-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥54.432024-04-01 → 2025-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥48.082023-04-01 → 2024-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥44.912022-04-01 → 2023-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥85.532021-04-01 → 2022-03-31vCons.Basic earnings loss per share (5-year summary)
Net assets per share¥1,105.63at 2026-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥1,059.07at 2025-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥1,046.38at 2024-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥973.52at 2023-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥937.77at 2022-03-31vCons.Net assets per share (5-year summary)
Equity ratio41.8%at 2026-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio39.3%at 2025-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio38.5%at 2024-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio45.1%at 2023-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio45.6%at 2022-03-31vCons.Equity to asset ratio (5-year summary)
ROE10.9%2025-04-01 → 2026-03-31Cons.Rate of return on equity (5-year summary)
ROE5.2%2024-04-01 → 2025-03-31Cons.Rate of return on equity (5-year summary)
ROE4.8%2023-04-01 → 2024-03-31vCons.Rate of return on equity (5-year summary)
ROE4.7%2022-04-01 → 2023-03-31vCons.Rate of return on equity (5-year summary)
ROE9.5%2021-04-01 → 2022-03-31vCons.Rate of return on equity (5-year summary)
Employees4,507at 2026-03-31Cons.Number of employees
Employees4,536at 2025-03-31Cons.Number of employees
Employees4,432at 2024-03-31vCons.Number of employees
Employees4,406at 2023-03-31vCons.Number of employees
Employees4,338at 2022-03-31vCons.Number of employees
Revenue¥373.1bn2025-04-01 → 2026-03-31StandaloneNet sales (5-year summary)
Revenue¥372.3bn2024-04-01 → 2025-03-31StandaloneNet sales (5-year summary)
Revenue¥327.9bn2023-04-01 → 2024-03-31vStandaloneNet sales (5-year summary)
Revenue¥299.3bn2022-04-01 → 2023-03-31vStandaloneNet sales (5-year summary)
Revenue¥331.0bn2021-04-01 → 2022-03-31vStandaloneNet sales (5-year summary)
Operating income¥20.2bn2025-04-01 → 2026-03-31StandaloneOperating income
Operating income¥7.8bn2024-04-01 → 2025-03-31StandaloneOperating income
Ordinary income¥22.8bn2025-04-01 → 2026-03-31StandaloneOrdinary income
Ordinary income¥9.0bn2024-04-01 → 2025-03-31StandaloneOrdinary income
Ordinary income¥7.9bn2023-04-01 → 2024-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥10.2bn2022-04-01 → 2023-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥20.0bn2021-04-01 → 2022-03-31vStandaloneOrdinary income loss (5-year summary)
Profit before tax¥25.9bn2025-04-01 → 2026-03-31StandaloneIncome before income taxes
Profit before tax¥8.8bn2024-04-01 → 2025-03-31StandaloneIncome before income taxes
Net income¥18.1bn2025-04-01 → 2026-03-31StandaloneProfit loss
Net income¥6.2bn2024-04-01 → 2025-03-31StandaloneProfit loss
Net income¥5.3bn2023-04-01 → 2024-03-31vStandaloneNet income loss (5-year summary)
Net income¥7.0bn2022-04-01 → 2023-03-31vStandaloneNet income loss (5-year summary)
Net income¥13.7bn2021-04-01 → 2022-03-31vStandaloneNet income loss (5-year summary)
Total assets¥365.0bnat 2026-03-31StandaloneAssets
Total assets¥380.4bnat 2025-03-31StandaloneAssets
Total assets¥382.9bnat 2024-03-31vStandaloneTotal assets (5-year summary)
Total assets¥304.5bnat 2023-03-31vStandaloneTotal assets (5-year summary)
Total assets¥304.0bnat 2022-03-31vStandaloneTotal assets (5-year summary)
Total liabilities¥224.4bnat 2026-03-31StandaloneLiabilities
Total liabilities¥242.6bnat 2025-03-31StandaloneLiabilities
Net assets / equity¥140.6bnat 2026-03-31StandaloneNet assets
Net assets / equity¥137.9bnat 2025-03-31StandaloneNet assets
Net assets / equity¥139.6bnat 2024-03-31vStandaloneNet assets
Net assets / equity¥133.0bnat 2023-03-31vStandaloneNet assets (5-year summary)
Net assets / equity¥133.7bnat 2022-03-31vStandaloneNet assets (5-year summary)
Cash and deposits¥33.9bnat 2026-03-31StandaloneCash and deposits
Cash and deposits¥21.9bnat 2025-03-31StandaloneCash and deposits
EPS (basic)¥105.422025-04-01 → 2026-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥36.162024-04-01 → 2025-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥30.622023-04-01 → 2024-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥39.312022-04-01 → 2023-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥73.922021-04-01 → 2022-03-31vStandaloneBasic earnings loss per share (5-year summary)
Dividend per share¥472025-04-01 → 2026-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥1302024-04-01 → 2025-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥1302023-04-01 → 2024-03-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥1302022-04-01 → 2023-03-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥1202021-04-01 → 2022-03-31vStandaloneDividend paid per share (5-year summary)
Net assets per share¥825.58at 2026-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥801.14at 2025-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥809.27at 2024-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥760.71at 2023-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥739.13at 2022-03-31vStandaloneNet assets per share (5-year summary)
Equity ratio38.5%at 2026-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio36.2%at 2025-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio36.4%at 2024-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio43.7%at 2023-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio44.0%at 2022-03-31vStandaloneEquity to asset ratio (5-year summary)
ROE13.0%2025-04-01 → 2026-03-31StandaloneRate of return on equity (5-year summary)
ROE4.5%2024-04-01 → 2025-03-31StandaloneRate of return on equity (5-year summary)
ROE3.9%2023-04-01 → 2024-03-31vStandaloneRate of return on equity (5-year summary)
ROE5.2%2022-04-01 → 2023-03-31vStandaloneRate of return on equity (5-year summary)
ROE10.4%2021-04-01 → 2022-03-31vStandaloneRate of return on equity (5-year summary)
Shares issued173,142,000at 2026-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued43,285,000at 2025-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued43,285,000at 2024-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued43,900,000at 2023-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued45,411,000at 2022-03-31vStandaloneTotal number of issued shares (5-year summary)
Employees2,740at 2026-03-31StandaloneNumber of employees
Employees2,709at 2025-03-31StandaloneNumber of employees
Employees2,654at 2024-03-31vStandaloneNumber of employees
Employees2,635at 2023-03-31vStandaloneNumber of employees
Employees2,626at 2022-03-31vStandaloneNumber of employees

Periods use the dates stated in the filing. d = earlier-year period dated by calendar; v = that date confirmed by the company's own earlier filing.

Segments · 51
SegmentItemPeriodValue
Reconciling Itemsreconcilingdepreciation2025-04-01 → 2026-03-31−¥4m
Reconciling Itemsreconcilingrevenue2025-04-01 → 2026-03-31−¥11.7bn
Reconciling Itemsreconcilingrevenue intersegment2025-04-01 → 2026-03-31−¥11.7bn
Reconciling Itemsreconcilingsegment profit2025-04-01 → 2026-03-31−¥209m
Building Construction Worksreportable segmentdepreciation2025-04-01 → 2026-03-31¥867m
Building Construction Worksreportable segmentemployeesat 2026-03-311256 pure
Building Construction Worksreportable segmentrevenue2025-04-01 → 2026-03-31¥257.1bn
Building Construction Worksreportable segmentrevenue external2025-04-01 → 2026-03-31¥255.5bn
Building Construction Worksreportable segmentrevenue intersegment2025-04-01 → 2026-03-31¥1.6bn
Building Construction Worksreportable segmentsegment profit2025-04-01 → 2026-03-31¥14.2bn
Civil Engineering Worksreportable segmentdepreciation2025-04-01 → 2026-03-31¥382m
Civil Engineering Worksreportable segmentemployeesat 2026-03-31949 pure
Civil Engineering Worksreportable segmentrevenue2025-04-01 → 2026-03-31¥116.0bn
Civil Engineering Worksreportable segmentrevenue external2025-04-01 → 2026-03-31¥116.0bn
Civil Engineering Worksreportable segmentsegment profit2025-04-01 → 2026-03-31¥6.1bn
Subsidiariesreportable segmentdepreciation2025-04-01 → 2026-03-31¥861m
Subsidiariesreportable segmentemployeesat 2026-03-311767 pure
Subsidiariesreportable segmentrevenue2025-04-01 → 2026-03-31¥126.3bn
Subsidiariesreportable segmentrevenue external2025-04-01 → 2026-03-31¥116.2bn
Subsidiariesreportable segmentrevenue intersegment2025-04-01 → 2026-03-31¥10.2bn
Subsidiariesreportable segmentsegment profit2025-04-01 → 2026-03-31¥7.1bn
—segment totaldepreciation2025-04-01 → 2026-03-31¥2.1bn
—segment totalrevenue2025-04-01 → 2026-03-31¥499.4bn
—segment totalrevenue external2025-04-01 → 2026-03-31¥487.7bn
—segment totalrevenue intersegment2025-04-01 → 2026-03-31¥11.7bn
—segment totalsegment profit2025-04-01 → 2026-03-31¥27.3bn
Reconciling Itemsreconcilingdepreciation2024-04-01 → 2025-03-31−¥3m
Reconciling Itemsreconcilingrevenue2024-04-01 → 2025-03-31−¥9.6bn
Reconciling Itemsreconcilingrevenue intersegment2024-04-01 → 2025-03-31−¥9.6bn
Reconciling Itemsreconcilingsegment profit2024-04-01 → 2025-03-31¥32m
Building Construction Worksreportable segmentdepreciation2024-04-01 → 2025-03-31¥859m
Building Construction Worksreportable segmentrevenue2024-04-01 → 2025-03-31¥267.2bn
Building Construction Worksreportable segmentrevenue external2024-04-01 → 2025-03-31¥267.2bn
Building Construction Worksreportable segmentrevenue intersegment2024-04-01 → 2025-03-31¥0
Building Construction Worksreportable segmentsegment profit2024-04-01 → 2025-03-31¥846m
Civil Engineering Worksreportable segmentdepreciation2024-04-01 → 2025-03-31¥322m
Civil Engineering Worksreportable segmentrevenue2024-04-01 → 2025-03-31¥105.1bn
Civil Engineering Worksreportable segmentrevenue external2024-04-01 → 2025-03-31¥105.1bn
Civil Engineering Worksreportable segmentsegment profit2024-04-01 → 2025-03-31¥6.9bn
Subsidiariesreportable segmentdepreciation2024-04-01 → 2025-03-31¥854m
Subsidiariesreportable segmentrevenue2024-04-01 → 2025-03-31¥135.9bn
Subsidiariesreportable segmentrevenue external2024-04-01 → 2025-03-31¥126.3bn
Subsidiariesreportable segmentrevenue intersegment2024-04-01 → 2025-03-31¥9.6bn
Subsidiariesreportable segmentsegment profit2024-04-01 → 2025-03-31¥6.5bn
—segment totaldepreciation2024-04-01 → 2025-03-31¥2.0bn
—segment totalrevenue2024-04-01 → 2025-03-31¥508.2bn
—segment totalrevenue external2024-04-01 → 2025-03-31¥498.6bn
—segment totalrevenue intersegment2024-04-01 → 2025-03-31¥9.6bn
—segment totalsegment profit2024-04-01 → 2025-03-31¥14.3bn
Building Construction Worksreportable segmentemployeesat 2026-03-311256 pure
Civil Engineering Worksreportable segmentemployeesat 2026-03-31949 pure

Segment names come from EDINET member IDs; not yet mapped to a common taxonomy.

All source rows · 1,784
ItemContextValueUnit
Long term non operating accounts receivablePrior1YearInstant98000000JPY
Long term non operating accounts receivableCurrentYearInstant101000000JPY
Claims provable in bankruptcy claims provable in rehabilitation and otherPrior1YearInstant30000000JPY
Claims provable in bankruptcy claims provable in rehabilitation and otherCurrentYearInstant30000000JPY
Deferred tax assetsPrior1YearInstant3488000000JPY
Deferred tax assetsCurrentYearInstant4024000000JPY
Other ioaPrior1YearInstant7833000000JPY
Other ioaCurrentYearInstant10048000000JPY
Allowance for doubtful accounts ioa by groupPrior1YearInstant-225000000JPY
Allowance for doubtful accounts ioa by groupCurrentYearInstant-166000000JPY
Investments and other assetsPrior1YearInstant70922000000JPY
Investments and other assetsCurrentYearInstant71726000000JPY
Noncurrent assetsPrior1YearInstant105120000000JPY
Noncurrent assetsCurrentYearInstant110998000000JPY
AssetsPrior1YearInstant462533000000JPY
AssetsCurrentYearInstant448918000000JPY
Notes payable accounts payable for construction contracts and other cnsPrior1YearInstant102267000000JPY
Notes payable accounts payable for construction contracts and other cnsCurrentYearInstant78356000000JPY
Electronically recorded obligations operating clPrior1YearInstant43502000000JPY
Electronically recorded obligations operating clCurrentYearInstant30222000000JPY
Short term loans payablePrior1YearInstant8109000000JPY
Short term loans payableCurrentYearInstant11575000000JPY
Income taxes payablePrior1YearInstant1372000000JPY
Income taxes payableCurrentYearInstant8372000000JPY
Advances received on uncompleted construction contracts cnsPrior1YearInstant22761000000JPY
Advances received on uncompleted construction contracts cnsCurrentYearInstant18149000000JPY
Deposits receivedPrior1YearInstant36636000000JPY
Deposits receivedCurrentYearInstant40604000000JPY
Provision for warranties for completed constructionPrior1YearInstant609000000JPY
Provision for warranties for completed constructionCurrentYearInstant574000000JPY
Provision for loss on construction contractsPrior1YearInstant2367000000JPY
Provision for loss on construction contractsCurrentYearInstant875000000JPY
Provision for bonusesPrior1YearInstant4144000000JPY
Provision for bonusesCurrentYearInstant4618000000JPY
Other clPrior1YearInstant7626000000JPY
Other clCurrentYearInstant14391000000JPY
Current liabilitiesPrior1YearInstant229398000000JPY
Current liabilitiesCurrentYearInstant207740000000JPY
Bonds payablePrior1YearInstant-JPY
Bonds payableCurrentYearInstant8500000000JPY
Long term loans payablePrior1YearInstant34026000000JPY
Long term loans payableCurrentYearInstant29658000000JPY
Provision for share based remuneration nclPrior1YearInstant263000000JPY
Provision for share based remuneration nclCurrentYearInstant205000000JPY
Net defined benefit liabilityPrior1YearInstant16316000000JPY
Net defined benefit liabilityCurrentYearInstant14056000000JPY
Deferred tax liabilitiesPrior1YearInstant73000000JPY
Deferred tax liabilitiesCurrentYearInstant23000000JPY
Other nclPrior1YearInstant625000000JPY
Other nclCurrentYearInstant867000000JPY

Every row of the EDINET CSV. Item names are the XBRL element names; filed text is kept in its original Japanese. Filed text is available on Plus and Pro.

Data checks · 22 of 22 passed
balance sheet identityconsolidated 2025-03-31pass rounding
balance sheet identityconsolidated 2026-03-31pass rounding
balance sheet identitynon_consolidated 2025-03-31pass
balance sheet identitynon_consolidated 2026-03-31pass rounding
dei present pass
period resolution pass
statement vs summary · net assetsconsolidated 2024-03-31pass
statement vs summary · net assetsconsolidated 2025-03-31pass
statement vs summary · net assetsconsolidated 2026-03-31pass
statement vs summary · net assetsnon_consolidated 2024-03-31pass
statement vs summary · net assetsnon_consolidated 2025-03-31pass
statement vs summary · net assetsnon_consolidated 2026-03-31pass
statement vs summary · net income attributable to parentconsolidated 2024-04-01/2025-03-31pass
statement vs summary · net income attributable to parentconsolidated 2025-04-01/2026-03-31pass
statement vs summary · operating cash flowconsolidated 2024-04-01/2025-03-31pass
statement vs summary · operating cash flowconsolidated 2025-04-01/2026-03-31pass
statement vs summary · revenueconsolidated 2024-04-01/2025-03-31pass
statement vs summary · revenueconsolidated 2025-04-01/2026-03-31pass
statement vs summary · total assetsconsolidated 2025-03-31pass
statement vs summary · total assetsconsolidated 2026-03-31pass
statement vs summary · total assetsnon_consolidated 2025-03-31pass
statement vs summary · total assetsnon_consolidated 2026-03-31pass