Taihei Dengyo Kaisha (1968) Q2 2026 earnings summary

Executive summary

• Net sales for the six months ended September 30, 2025, rose 5.3% year-over-year to ¥63,553 million, driven by growth in both construction and maintenance segments.

• Orders received increased 2.2% year-over-year to ¥83,101 million, with overseas works up 21.7%.

• Operating profit declined 20.5% year-over-year to ¥4,821 million, and profit attributable to owners of parent fell 17.9% to ¥3,517 million.

• Comprehensive income surged 69.2% year-over-year to ¥6,480 million, mainly due to valuation gains on securities.

Financial highlights

• Gross profit decreased to ¥10,150 million from ¥11,189 million year-over-year.

• Ordinary profit dropped 16.3% year-over-year to ¥5,214 million.

• Basic earnings per share for the period was ¥55.84 (post-share split basis).

• Cash and cash equivalents at period end were ¥41,618 million, down from ¥48,922 million a year earlier.

Outlook and guidance

• Full-year net sales forecast is ¥143,000 million, up 13.8% year-over-year.

• Operating profit is projected at ¥15,000 million (+15.1%), and profit attributable to owners of parent at ¥10,600 million (+8.7%).

• Basic earnings per share forecast for the year is ¥169.51 (post-share split basis).

• Dividend forecast for year-end is ¥67.00 per share, reflecting the share split.