# OHMOTO GUMI CO.,LTD: business model and financials

> Latest period: FY ending Mar 2026, non-consolidated, J-GAAP
> Unit: JPY millions
> Sources: 有価証券報告書－第89期(2025/04/01－2026/03/31) (S100YI8J)
> Page: https://vizora.meequs.com/en/company/ohmoto-gumi
> Retrieved: 2026-09-30T18:27:07.725Z

## Company

Ohmoto Gumi, founded in 1937, is a company in General Contractors listed on TSE Standard. It has 823 employees (consolidated).

| Field | Value |
| --- | ---: |
| Legal name | OHMOTO GUMI CO., LTD. |
| Ticker | 1793 |
| Stock price | View on Yahoo Finance (https://finance.yahoo.co.jp/quote/1793.T) |
| Listing | TSE Standard |
| Head office | 岡山市北区内山下一丁目1番13号 |
| Representative (per filing) | 代表取締役社長 三宅啓一 |
| Founded | Dec 1937 |
| Share capital | ¥5.3B |
| Employees (consolidated) | 823 |
| Average salary (parent only) | ¥8.7M |
| Fiscal year end | March |
| Website | www.ohmoto.co.jp (https://www.ohmoto.co.jp/) |
| Corporate number | 7260001001493 |
| EDINET | E00255 |
| Industries (Vizora) | General Contractors |

> Profile source: annual securities report (S100YI8J, filed 2026-06-24). As of filing

## Five-axis industry profile

Primary industry: General Contractors (2026-03-31)

| Axis | Industry percentile | Peers |
| --- | ---: | ---: |
| Revenue growth | 41.1 | 84 |
| Profitability | 6 | 92 |
| Cash conversion | 6 | 91 |
| Efficiency | 39.7 | 92 |

Each axis is shown independently. Missing values are labeled unavailable; no combined score is calculated. Industry rank is not an investment recommendation.

## Key points (generated from figures)

- About 51% of Ohmoto Gumi's sales come from Construction, with Public works making up much of the rest.
- Out of every ¥100 of sales, about ¥3 is left as operating profit.
- Revenue changed +24.8% from the prior year, operating profit +30.2%.

## Key figures at a glance

| Metric | Value | Note |
| --- | ---: | ---: |
| Revenue | ¥87.4B |  |
| Operating income | ¥2.36B | Margin 2.7% |
| Net income | ¥1.81B | Margin 2.1% |
| Free cash flow | -¥5.73B |  |
| Largest business | Construction | of segment revenue 50.9% |
| Employees (consolidated) | 823 |  |
| EPS | ¥71.33 |  |
| Book value per share | ¥2701.11 |  |
| Equity ratio | 66.3% |  |
| Shares outstanding | 26,794,000 |  |
| Treasury shares | 945,200 |  |
| Shareholders | 1,731 |  |
| Average salary (parent only) | ¥8.7M | Filing company only |
| Cash ratio | 6.7% | Cash ÷ revenue 7.9% |
| Vs. industry median margin | -4.2 pp | General Contractors |
| ROE | 3.0% | Derived from disclosed figures |
| ROA | 1.9% | Derived from disclosed figures |

## What changed in 5 years

| Metric | FY ending Mar 2021 | FY ending Mar 2026 | Change |
| --- | ---: | ---: | ---: |
| Revenue | ¥73360000000 | ¥87448000000 | +19.2% |
| Operating income | ¥3747000000 | ¥2362000000 | -37.0% |
| Operating margin | 5.1% | 2.7% | -2.4 pp |
| Employees | 808 people | 823 people | +1.9% |
| Cash and equivalents | ¥25168000000 | ¥6888000000 | -72.6% |

### Change in segment revenue mix

Span: FY ending Mar 2021 → FY ending Mar 2026. Stable segment keys are connected; unmatched shares are marked as new or reorganized. Shares use total segment revenue.

| Flow | Revenue share |
| --- | ---: |
| 建築 → 建築 | 50.9% |
| 建築 → 事業再編・廃止 | 4.2% |
| 土木 → 土木 | 44.9% |
| 新設・再編 → 土木 | 4.2% |

Segment revenue source references: 4 (derived)

## Income statement（FY ending Mar 2026, non-consolidated, J-GAAP）

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Revenue | 87,448 | 100.0% | S100YI8J |
| Cost of revenue | 78,743 | 90.0% | S100YI8J |
| Gross profit | 8,705 | 10.0% | S100YI8J |
| SG&A | 6,342 | 7.3% | S100YI8J |
| Operating income | 2,362 | 2.7% | S100YI8J |
| Ordinary income | 2,708 | 3.1% | S100YI8J |
| Pretax income | 2,708 | 3.1% | S100YI8J |
| Income tax | 894 | 1.0% | S100YI8J |
| Net income | 1,813 | 2.1% | S100YI8J |

## Per ¥100 of revenue（FY ending Mar 2026）

| Part | JPY |
| --- | ---: |
| Cost of revenue | 90 |
| SG&A | 7 |
| Operating income | 3 |
| (Ref.) Net income | 2 |

### Margin funnel

Gross margin 10.0% → Operating margin 2.7% → Net margin 2.1%
Derived from reported figures (DERIVED).

## Revenue and profit pattern

Pattern: Revenue and profit up
Revenue growth: +24.8%; Core profit growth: +30.2%
Growth quality: margin-expansion
Operating leverage (core profit growth ÷ revenue growth): 1.22×
Calculated from comparable annual consolidated filings.

## Year over year（FY ending Mar 2025 → FY ending Mar 2026、JPY mn）

| Metric | Prior | Current | Change | % change |
| --- | ---: | ---: | ---: | ---: |
| Revenue | 70,092 | 87,448 | 17,356 | +24.8% |
| Gross profit | 7,807 | 8,705 | 898 | +11.5% |
| Operating income | 1,814 | 2,362 | 548 | +30.2% |
| Operating cash flow | -355 | -5,114 | -4,759 | — |
| Free cash flow | -661 | -5,732 | -5,071 | — |

## History（JPY mn）

| Period | Revenue | Op. income | Op. margin | Net income | Op. CF | FCF | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| FY ending Mar 2020 | 79,060 | 3,085 | 3.9% | 2,310 | -353 | -961 | S100LUSF |
| FY ending Mar 2021 | 73,360 | 3,747 | 5.1% | 2,589 | 17,705 | 17,419 | S100OJ8G |
| FY ending Mar 2022 | 71,276 | 2,337 | 3.3% | 1,784 | -6,202 | -6,359 | S100R66M |
| FY ending Mar 2023 | 94,477 | 580 | 0.6% | 516 | -21,136 | -21,272 | S100TU8K |
| FY ending Mar 2024 | 83,060 | 1,686 | 2.0% | 1,021 | 12,279 | 11,935 | S100W4G9 |
| FY ending Mar 2025 | 70,092 | 1,814 | 2.6% | 1,788 | -355 | -661 | S100YI8J |
| FY ending Mar 2026 | 87,448 | 2,362 | 2.7% | 1,813 | -5,114 | -5,732 | S100YI8J |

## People and productivity（FY ending Mar 2026, non-consolidated, J-GAAP）

| Metric | Value |
| --- | ---: |
| Revenue per employee (consolidated) | ¥106.3M |
| Operating income per employee (consolidated) | ¥2.9M |
| Net income per employee (consolidated) | ¥2.2M |

Employees, revenue and profit are consolidated. Average annual salary is a separate parent-company figure. Calculated from disclosed figures (DERIVED).

| History | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Employees (consolidated) | 821 | 810 | 787 | 792 | 823 |
| Average salary (parent company) | ¥8.2M | ¥8.6M | ¥9.1M | ¥8.8M | ¥8.7M |
| Average age (parent company) | 45.4 years | 45.0 years | 45.2 years | 44.9 years | 44.3 years |
| Average tenure (parent company) | 21.2 years | 20.8 years | 20.8 years | 20.2 years | 19.2 years |

Year over year: Employees (consolidated) +3.9% · Revenue (consolidated) +24.8%

## Segments（FY ending Mar 2026, non-consolidated, J-GAAP、JPY mn）

| Segment | Revenue | Share | Op. income | Op. margin |
| --- | ---: | ---: | ---: | ---: |
| Construction | 44,508 | 50.9% | 4,163 | 9.4% |
| Public works | 42,940 | 49.1% | 3,820 | 8.9% |

### segmentMix — Revenue and profit mix

Calculated from disclosed figures (DERIVED). Shares use total segment revenue and total positive segment profit respectively. Difference = profit share − revenue share (pt). Inter-segment sales may prevent reconciliation to company revenue.

| Segment | Revenue share | Profit share | Difference (pt) | Margin |
| --- | ---: | ---: | ---: | ---: |
| Construction | 50.9% | 52.1% | 1.3 | 9.4% |
| Public works | 49.1% | 47.9% | -1.3 | 8.9% |

Segment → industry: Public works → General Contractors / Construction → General Contractors

## Revenue by geography

No geographic revenue breakdown was disclosed.

## Cash flow（FY ending Mar 2026, non-consolidated, J-GAAP）

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Operating cash flow | -5,114 | -5.8% | S100YI8J |
| Capital expenditure | 618 | 0.7% | S100YI8J |
| Free cash flow | -5,732 | -6.6% | 算出 |
| Investing cash flow | -620 | -0.7% | S100YI8J |
| Financing cash flow | 2,445 | 2.8% | S100YI8J |
| Dividends paid | 1,059 | 1.2% | S100YI8J |
| Change in cash | -3,288 | -3.8% | S100YI8J |
| Cash and equivalents | 6,888 | 7.9% | S100YI8J |

## Balance sheet

Figures are as of each fiscal year end. Derived values are marked as such in the source column. Lease liabilities are excluded from interest-bearing debt.

| Metric | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | 20,830 | 11,599 | 18,568 | 10,177 | 6,888 | S100TU8K, S100W4G9, S100YI8J |
| Total assets | 90,912 | 103,137 | 99,374 | 90,139 | 103,574 | S100R66M, S100TU8K, S100W4G9, S100YI8J |
| Net assets | 66,934 | 65,623 | 67,260 | 64,862 | 68,700 | S100TU8K, S100W4G9, S100YI8J |
| Share capital | 5,296 | 5,296 | 5,296 | 5,296 | 5,296 | S100R66M, S100TU8K, S100W4G9, S100YI8J |
| Property, plant and equipment | 8,845 | 8,524 | 8,406 | 8,163 | 8,200 | S100R66M, S100TU8K, S100W4G9, S100YI8J |
| Intangible assets excluding goodwill | 130 | 117 | 107 | 115 | 289 | S100R66M, S100TU8K, S100W4G9, S100YI8J |
| Investment securities | 6,571 | 6,852 | 8,824 | 9,825 | 14,280 | S100R66M, S100TU8K, S100W4G9, S100YI8J |
| Current assets | 70,896 | 82,999 | 77,521 | 67,344 | 76,039 | S100R66M, S100TU8K, S100W4G9, S100YI8J |
| Current liabilities | 20,246 | 33,923 | 26,151 | 19,015 | 27,329 | S100R66M, S100TU8K, S100W4G9, S100YI8J |
| Short-term borrowings | — | 11,000 | 8,100 | 3,000 | 6,500 | S100TU8K, S100W4G9, S100YI8J |
| Total liabilities | 23,978 | 37,514 | 32,114 | 25,276 | 34,874 | S100R66M, S100TU8K, S100W4G9, S100YI8J |
| Equity attributable to owners of parent | 64,600 | 63,088 | 63,300 | 60,236 | 61,015 | S100R66M, S100TU8K, S100W4G9, S100YI8J |
| Retained earnings | 55,943 | 55,617 | 55,828 | 52,179 | 52,933 | S100R66M, S100TU8K, S100W4G9, S100YI8J |
| Treasury stock | -953 | -2,139 | -2,139 | -1,553 | -1,530 | S100R66M, S100TU8K, S100W4G9, S100YI8J |

### Assets and funding mix

| Assets | Share | Source |
| --- | ---: | ---: |
| Cash | 7% | S100YI8J |
| Property, plant and equipment | 8% | S100YI8J |
| Intangibles and goodwill | 0% | S100YI8J |
| Investment securities | 14% | S100YI8J |
| Other assets | 71% | S100YI8J |

| Funding source | Share | Source |
| --- | ---: | ---: |
| Other liabilities | 34% | S100YI8J |
| Equity | 66% | S100YI8J |

### Balance sheet history

| Metric | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Total assets | 90,912 | 103,137 | 99,374 | 90,139 | 103,574 |
| Equity | 66,934 | 65,623 | 67,260 | 64,862 | 68,700 |
| Interest-bearing debt | — | — | — | — | — |
| Cash | 20,830 | 11,599 | 18,568 | 10,177 | 6,888 |

## Asset intensity and goodwill

Ratios are derived from reported values. Goodwill is used only when separately reported, never inferred from combined intangible assets.

| Metric | Value | Sources |
| --- | ---: | ---: |
| Asset intensity (fixed assets ÷ revenue) | 9.4% | S100YI8J |
| Fixed assets ÷ total assets | 7.9% | S100YI8J |
| Goodwill ÷ parent equity | — | —, S100YI8J |

### Cash quality

Net cash = cash − interest-bearing debt. Net debt ratio = (interest-bearing debt − cash) ÷ positive operating cash flow. Omit when debt components are incomplete; other ratios are derived from reported figures.

| Metric | Value |
| --- | ---: |
| Cash ratio (cash ÷ total assets) | 6.7% |
| Cash ÷ revenue | 7.9% |
| Net cash (cash − interest-bearing debt) | — |
| Net debt ÷ operating cash flow | — |
| Cash conversion (operating CF ÷ operating income) | -216.5% |
| Cash vs. profit gap | -6,927 JPY mn (of net income -382.1%) |
| Shareholder returns / net income | — |
| Shareholder returns / FCF | — |
| Shareholder payments — dividends / net income | 58.4% |
| Shareholder payments — dividends / FCF | — |
| CapEx intensity (capex ÷ revenue) | 0.7% |
| Investing CF relative to operating CF | — |

## ROA and ROE

ROE is decomposed into net margin × asset turnover × financial leverage. Leverage can raise ROE, so the ratio alone does not assess a company's condition. Ending balances are used without a prior year; total equity approximates parent equity when unavailable.

| Period | Net margin | Asset turnover | ROA | Financial leverage | ROE | Sources |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| 2022 | 2.5% | 0.78× | 2.0% | 1.41× | 2.8% | S100R66M |
| 2023 | 0.5% | 0.97× | 0.5% | 1.52× | 0.8% | S100TU8K |
| 2024 | 1.2% | 0.82× | 1.0% | 1.60× | 1.6% | S100W4G9 |
| 2025 | 2.6% | 0.74× | 1.9% | 1.53× | 2.9% | S100YI8J |
| 2026 | 2.1% | 0.90× | 1.9% | 1.60× | 3.0% | S100YI8J |

## Ownership

| Counterparty | Relation | Ratio | As of |
| --- | ---: | ---: | ---: |
| 株式会社ＯＨＭＯＴＯホールディングス | Major shareholder | 32.2% | 2026-03-31 |
| 公益財団法人大本育英会 | Major shareholder | 23.6% | 2026-03-31 |
| 有限会社大百興産 | Major shareholder | 6.2% | 2026-03-31 |
| 株式会社中国銀行 | Major shareholder | 5.0% | 2026-03-31 |
| 大本組従業員持株会 | Major shareholder | 2.8% | 2026-03-31 |
| 古 田 安 人 | Major shareholder | 2.0% | 2026-03-31 |
| 日本マスタートラスト信託銀行株式会社(株式付与ＥＳＯＰ信託口・８００９６口） | Major shareholder | 1.6% | 2026-03-31 |
| 株式会社広島銀行 | Major shareholder | 0.9% | 2026-03-31 |
| 小 倉 順 子 | Major shareholder | 0.8% | 2026-03-31 |
| 古 田 嘉 男 | Major shareholder | 0.7% | 2026-03-31 |

## Sources

| Document | ID | Published | URL |
| --- | ---: | ---: | ---: |
| 有価証券報告書－第89期(2025/04/01－2026/03/31) | S100YI8J | 2026-06-24 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YI8J,, |
| 有価証券報告書－第88期(2024/04/01－2025/03/31) | S100W4G9 | 2025-06-25 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100W4G9,, |
| 有価証券報告書－第87期(2023/04/01－2024/03/31) | S100TU8K | 2024-06-27 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100TU8K,, |
| 有価証券報告書－第86期(2022/04/01－2023/03/31) | S100R66M | 2023-06-28 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100R66M,, |
| 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) | S100OJ8G | 2022-06-29 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100OJ8G,, |
| 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) | S100LUSF | 2021-06-30 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100LUSF,, |

## Definitions

- Amounts are in millions of JPY (rounded). The period is stated in each table heading
- Operating margin = operating income ÷ revenue. Net income is attributable to owners of the parent when disclosed
- Free cash flow (FCF) = operating cash flow − capital expenditure
- ¥100 model = breakdown per ¥100 of revenue (rounded so parts sum to 100)
- Segment revenues include inter-segment sales and may not sum to consolidated revenue
- Source IDs are EDINET document IDs (docID). "算出" (derived) means computed from other disclosed values
- All figures are extracted mechanically from filings. AI-written text never generates figures
- Source: company filings submitted to EDINET (Financial Services Agency of Japan). Figures were extracted, edited and processed, and charts and text were created, by Vizora — not by the FSA (used under the Public Data License v1.0).