Raito Kogyo Co (1926) Q2 2026 earnings summary

Executive summary

• Orders received increased 9.4% year-over-year to ¥86,676 million, with growth in both domestic and overseas subsidiaries, especially in foundations and ground improvement.

• Net sales rose 18.4% year-over-year to ¥65,063 million, reflecting strong construction activity and robust project execution.

• Profit attributable to owners of parent grew 33.1% year-over-year to ¥5,015 million.

• Operating profit increased 25.5% year-over-year to ¥6,908 million; ordinary profit up 26.5% to ¥7,082 million.

Financial highlights

• Gross profit reached ¥13,261 million, up 13.8% year-over-year, though gross profit margin slightly decreased by 0.8pt to 20.4%.

• Earnings per share increased to ¥114.55 from ¥79.83 year-over-year.

• Comprehensive income was ¥5,263 million, up from ¥3,145 million in the prior year period.

• Cash and deposits declined to ¥21,953 million from ¥30,947 million at the previous fiscal year-end.

• Net cash used in operating activities was ¥654 million, compared to ¥8,316 million provided in the prior year.

Outlook and guidance

• Full-year net sales forecast at ¥127,500 million, up 5.0% year-over-year.

• Operating profit projected at ¥13,700 million (up 6.9%), ordinary profit at ¥13,850 million (up 5.2%), and profit attributable to owners of parent at ¥9,500 million (down 4.2%).

• FY2025 2Q gross profit margin target set at 20.9%; non-consolidated gross profit margin target for FY2025 2Q is 22.2%.

• Earnings per share for the full year forecast at ¥213.36.

• No revisions to previously announced forecasts.