Yamaura (1780) Q2 2026 earnings summary

Executive summary

• Revenue for the six months ended September 2025 increased by 29.1% year-over-year to ¥19,159 million, with operating income up 28.9% to ¥2,037 million and net income attributable to shareholders up 48.3% to ¥1,571 million.

• The company benefited from a strong recovery in economic activity and steady public and private construction investment, despite ongoing cost pressures from high material and labor costs.

Financial highlights

• Comprehensive income rose 56.4% year-over-year to ¥1,777 million.

• Total assets at the end of the period were ¥33,343 million, up from ¥30,835 million at the previous fiscal year-end.

• Equity ratio remained high at 74.2%.

• Interim dividend increased to ¥13.00 per share, with a full-year forecast of ¥26.00 per share.

Outlook and guidance

• Full-year revenue is forecast at ¥38,659 million, operating income at ¥4,177 million, and net income at ¥3,137 million, with no changes to previously announced guidance.

• The outlook incorporates anticipated cost increases for construction materials and energy.