KumagaigumiKumagaigumi Co.,Ltd.1861東証プライム建設業FY ending Mar 2026, consolidated, J-GAAP

Kumagaigumi FY ending Mar 2026 results

About 52% of Kumagaigumi's sales come from Building construction works, with subsidiaries and Civil engineering works making up much of the rest.

Out of every ¥100 of sales, about ¥6 is left as operating profit.

Revenue changed -2.2% from the prior year, operating profit +89.5%.

Revenue and profit pattern

Revenue down, profit up

Revenue -2.2% · profit +89.5%, calculated from disclosed figures.

Operating leverage: -40.99× (profit growth ÷ revenue growth)

What changed from last year

FY ending Mar 2025 → FY ending Mar 2026

Revenue
-2.2%¥498.6B → ¥487.7B
Gross profit
+39.0%¥38.3B → ¥53.2B
Operating income
+89.5%¥14.3B → ¥27.1B
Net income attributable to owners
+114.5%¥9.35B → ¥20.1B
Operating cash flow
+203.9%¥8.23B → ¥25B
Free cash flow
+388.9%¥4.16B → ¥20.3B

Results at a glance

  • Revenue for FY ending Mar 2026 fell 2.2% to ¥487.7B, down from ¥498.6B.
  • Profits moved the other way: gross profit rose 39.0% to ¥53.2B, and operating income rose 89.5% to ¥27.1B.
  • Net income attributable to owners rose 114.5% to ¥20.1B, and operating cash flow climbed 203.9% to ¥25B.

What drove the change

  • In building construction, the drag from loss-making contracts won during the COVID period faded, and newer jobs priced with better margins progressed smoothly.
  • Sales fell because some subsidiaries had fewer projects on hand and because large projects had moved ahead strongly in the prior year.
  • Civil engineering sales grew thanks to approved design changes, but its profit fell because the prior year had included some unusually profitable jobs.

Things to watch

  • If material or labor costs rise after a contract is signed, private-sector clients may not agree to pay more, leaving the company to absorb the extra cost.
  • A shortage of skilled workers and engineers could push up labor costs and force the company to skip some bids, cutting new orders.
  • If construction spending in Japan starts to shrink, tougher competition could reduce orders and squeeze project margins.

Annual Securities Report / 経営者による財政状態、経営成績及びキャッシュ・フローの状況の分析 · Annual Securities Report / 事業等のリスク

Where the money goes

FY ending Mar 2025 → FY ending Mar 2026

Where ¥100 of sales goes

For every ¥100 Kumagaigumi sells, how much goes where, and how much is kept.

FY ending Mar 2026
Cost of sales
¥89
SG&A
¥5
Operating profit
¥6
Net profit kept
¥4

Annual margin trends

Gross margin10.9%
FY ending Mar 2021: 10.7%10.7%FY ending Mar 2022: 10.2%10.2%FY ending Mar 2023: 8.2%8.2%FY ending Mar 2024: 8.1%8.1%FY ending Mar 2025: 7.7%7.7%FY ending Mar 2026: 10.9%10.9%FY21FY22FY23FY24FY25FY26
Operating margin5.6%
FY ending Mar 2021: 6.2%6.2%FY ending Mar 2022: 5.3%5.3%FY ending Mar 2023: 2.8%2.8%FY ending Mar 2024: 2.9%2.9%FY ending Mar 2025: 2.9%2.9%FY ending Mar 2026: 5.6%5.6%FY21FY22FY23FY24FY25FY26
Net margin4.1%
FY ending Mar 2021: 4.0%4.0%FY ending Mar 2022: 3.7%3.7%FY ending Mar 2023: 2.0%2.0%FY ending Mar 2024: 1.9%1.9%FY ending Mar 2025: 1.9%1.9%FY ending Mar 2026: 4.1%4.1%FY21FY22FY23FY24FY25FY26

Aligned fiscal years compare the shares of revenue remaining as gross, core, and net profit. Missing years are left unconnected.

Which businesses earn the money

Revenue by business segment, and the profit each one keeps.

FY ending Mar 2026

Profit by segment

※ Segment figures include inter-segment sales and do not sum to the company total

Sources

Show source documents (6)
  • EDINET (FSA Japan)

    有価証券報告書-第89期(2025/04/01-2026/03/31)

    ID S100YK9Q2026-06-25Open
  • EDINET (FSA Japan)

    有価証券報告書-第88期(2024/04/01-2025/03/31)

    ID S100W6FA2025-06-26Open
  • EDINET (FSA Japan)

    有価証券報告書-第87期(2023/04/01-2024/03/31)

    ID S100TUWN2024-06-27Open
  • EDINET (FSA Japan)

    有価証券報告書-第86期(2022/04/01-2023/03/31)

    ID S100R8SU2023-06-29Open
  • EDINET (FSA Japan)

    有価証券報告書-第85期(令和3年4月1日-令和4年3月31日)

    ID S100OL2D2022-06-29Open
  • EDINET (FSA Japan)

    有価証券報告書-第84期(令和2年4月1日-令和3年3月31日)

    ID S100LTLP2021-06-29Open

Extracted from XBRL: 53 / Derived from other figures: 2

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