Fujita Engineering Co (1770) Q4 2026 earnings summary

Executive summary

• Revenue decreased by 8.8% year-over-year to ¥29,769 million, while operating profit fell 11.3% to ¥2,618 million and recurring profit dropped 9.1% to ¥2,838 million; net income attributable to shareholders rose 3.0% to ¥1,840 million.

• Despite a challenging construction market with rising costs and labor shortages, the group focused on strengthening its business and human resource foundations, restructuring operations, and enhancing corporate value.

• The acquisition of Gunkou Co., Ltd. expanded the construction segment, contributing to segment diversification.

Financial highlights

• Gross profit margin was 18.3%, with operating margin at 8.8% and net margin at 6.2% for the year.

• Total assets increased to ¥31,810 million, and net assets rose to ¥20,651 million, with an equity ratio of 64.9%.

• Cash and equivalents at year-end were ¥7,939 million, up ¥276 million from the previous year.

• Operating cash flow increased 80.6% year-over-year to ¥2,038 million.

• Annual dividend increased to ¥75 per share, including a ¥15 commemorative dividend.

Outlook and guidance

• For the fiscal year ending March 2027, revenue is projected at ¥31,000 million (+4.1% YoY), operating profit at ¥2,700 million (+3.1%), recurring profit at ¥2,900 million (+2.2%), and net income at ¥2,000 million (+8.7%).

• The company expects continued economic recovery but remains cautious due to geopolitical risks, inflation, and supply chain disruptions.