Yahagi Construction reports soaring profits in first half

For the six months ended September 30, 2025, Yahagi Construction reported a substantial increase in net sales, reaching 89,665 million yen, a 52.6% rise year-on-year. Operating profit saw an even more dramatic surge of 520.9% to 7,989 million yen, while ordinary profit increased by 502.0% to 7,982 million yen. Profit attributable to owners of parent climbed 492.9% to 5,737 million yen, resulting in basic earnings per share of 133.34 yen.

The company's financial position also strengthened, with total assets increasing to 154,774 million yen as of September 30, 2025, up from 144,220 million yen on March 31, 2025. Net assets rose to 73,089 million yen from 68,835 million yen over the same period, maintaining an equity-to-asset ratio of 47.2%.

Looking ahead, Yahagi Construction forecasts continued growth for the full fiscal year ending March 31, 2026. The company projects net sales of 168,000 million yen (up 19.4%), operating profit of 10,000 million yen (up 15.5%), ordinary profit of 9,900 million yen (up 14.9%), and profit attributable to owners of parent of 6,600 million yen (up 16.9%), with basic earnings per share expected to be 153.38 yen. The annual dividend forecast for the fiscal year ending March 31, 2026, is 90.00 yen per share.