Hibiya Engineering (1982) Q4 2026 earnings summary

Executive summary

• FY ended Mar. 31, 2026: orders rose 19.1% to ¥111,583M; net sales increased 4.8% to ¥94,080M, with record profit line items and results above revised forecasts.

• Higher sales, productivity gains and improved profitability on completed projects supported profit growth.

Financial highlights

• Gross profit was ¥21,058M, up 22.0%; gross margin reached 22.4%, up 3.2 percentage points.

• Operating profit rose 43.1% to ¥10,670M; ordinary profit increased 40.9% to ¥11,466M.

• Profit attributable to owners of parent rose 47.0% to ¥8,681M; comprehensive income was ¥13,229M, including a ¥4,744M valuation gain on available-for-sale securities.

• Extraordinary income was ¥410M, including investment-security sales; wage-increase tax incentives also supported net profit.

Outlook and guidance

• FY ending Mar. 31, 2027 forecast: orders ¥130,000M, sales ¥105,000M, gross profit ¥23,100M, operating profit ¥11,000M, ordinary profit ¥11,800M and attributable profit ¥8,700M.

• Medium-term targets: orders ¥120,000M, sales ¥113,000M, operating profit ¥12,500M, attributable profit ¥9,500M and ROE in the 12% range.

• FY2027 annual dividend is planned at ¥110 per post-split share, including a ¥10 commemorative dividend; equivalent pre-split amount is ¥220.