Hazama Ando (1719) Q4 2025 earnings summary

Executive summary

• Achieved significant growth in consolidated net sales, operating profit, and profit attributable to owners of parent for FY3/25, with strong performance in both civil engineering and building construction segments.

• Building construction business drove growth, with net sales up 16.6% and operating profit up 199.8% year-over-year.

• Surpassed Medium-Term Management Plan targets for ordinary profit and ROE in FY3/25, with continued progress on non-financial KPIs such as employee engagement and ESG initiatives.

• Cash and cash equivalents increased by ¥6.9 billion to ¥55.7 billion at period end.

Financial highlights

• Consolidated net sales reached ¥425.1 billion, up 7.9% year-over-year and 4.7% above initial forecast.

• Operating profit rose 89.6% year-over-year to ¥35.2 billion, with an operating margin of 8.3%.

• Profit attributable to owners of parent increased 90.5% year-over-year to ¥26.4 billion.

• Ordinary profit increased 83.6% year-over-year to ¥34.0 billion.

• Basic earnings per share rose to ¥168.75 from ¥88.64 year-over-year.

Outlook and guidance

• FY3/26 consolidated net sales forecasted at ¥441.0 billion (+3.7% YoY), with operating profit expected to decrease to ¥27.1 billion (-23.1% YoY).

• Profit attributable to owners of parent projected at ¥18.0 billion, down 31.9% year-over-year.

• Basic earnings per share forecasted at ¥114.82 for FY3/26.

• Continued focus on productivity improvements, strategic project selection, and ESG initiatives.