Hazama Ando (1719) Q4 2026 earnings summary

Executive summary

• Consolidated net sales rose 3.4% year-over-year to ¥439.6 billion, with profit attributable to owners of parent up 12.5% to ¥29.7 billion.

• Operating profit declined 4.6% year-over-year to ¥33.6 billion, while ordinary profit decreased 2.3% to ¥33.2 billion.

• Non-consolidated orders received surged 24.8% to ¥533.5 billion, led by strong building construction demand.

• Comprehensive income surged 83.5% year-over-year to ¥49.9 billion, driven by gains in valuation of available-for-sale securities.

Financial highlights

• Gross profit increased 4.9% year-over-year to ¥63.9 billion, with a gross profit margin of 14.5%.

• Operating profit margin was 7.6%, down 0.6pt year-over-year but up 1.5pt from the initial forecast.

• Total assets grew by ¥39.6 billion to ¥411.6 billion; equity ratio improved to 50.6%.

• Cash and cash equivalents at period end rose to ¥64.6 billion, up ¥8.8 billion from the previous year.

• Annual dividend per share increased to ¥80.

Outlook and guidance

• FY3/27 consolidated net sales forecasted at ¥490.0 billion (+11.5% YoY), with operating profit of ¥34.0 billion (+1.1% YoY).

• Profit attributable to owners of parent expected to decline 25.4% to ¥22.2 billion.

• Annual dividend per share projected to rise to ¥84, with a progressive dividend policy of ¥80 or more per share.

• Non-consolidated orders received expected to decrease, but net sales and gross profit to increase.

• Management highlights risks from global economic conditions, labor shortages, and material price volatility.