The Zenitaka Corporation (1811) Q4 2025 earnings summary

Executive summary

• Revenue for the year ended March 2025 was ¥120,660 million, down 0.3% year-over-year, with operating profit up 11.8% to ¥3,712 million and net income attributable to shareholders up 28.0% to ¥3,504 million.

• Orders received increased 34.7% year-over-year to ¥159,900 million, driven by strong growth in both building and civil engineering segments.

• The company maintained a stable financial position, with total assets rising 1.5% to ¥206,761 million and equity ratio improving to 46.8%.

Financial highlights

• Operating profit rose 11.8% year-over-year to ¥3,712 million, and recurring profit increased 2.2% to ¥5,098 million.

• Net income attributable to shareholders was ¥3,504 million, up 28.0% year-over-year.

• Comprehensive income fell sharply to ¥4,654 million from ¥14,280 million in the prior year.

• Cash and equivalents at year-end were ¥12,538 million, down ¥4,952 million from the previous year.

• Dividend per share increased to ¥120, with a payout ratio of 24.5%.

Outlook and guidance

• For the fiscal year ending March 2026, revenue is forecast to rise 3.7% to ¥125,100 million, with operating profit expected to decline 49.4% to ¥1,880 million and net income to fall 54.3% to ¥1,600 million.

• The company expects a challenging environment due to rising material and labor costs, despite steady private sector investment.