SankyuSANKYU INC.9065東証プライム陸運業FY ending Mar 2026, consolidated, J-GAAP

Sankyu FY ending Mar 2026 results

About 49% of Sankyu's sales come from Plant engineering and maintenance, with Logistics and Other making up much of the rest.

Out of every ¥100 of sales, about ¥7 is left as operating profit.

Revenue changed +4.1% from the prior year, operating profit -1.6%.

Revenue and profit pattern

Revenue up, profit downRevenue grew faster

Revenue +4.1% · profit -1.6%, calculated from disclosed figures.

Operating leverage: -0.39× (profit growth ÷ revenue growth)

What changed from last year

FY ending Mar 2025 → FY ending Mar 2026

Revenue: +4.1%¥606.8B → ¥631.6B
Gross profit: +3.7%¥73.7B → ¥76.4B
Operating income: -1.6%¥43.9B → ¥43.2B
Net income attributable to owners: +2.5%¥30.7B → ¥31.5B
Operating cash flow: +19.4%¥43.5B → ¥52B
Free cash flow: +72.5%¥19.1B → ¥33B

Results at a glance

Revenue for the FY ending Mar 2026 was ¥631.6B, up +4.1% from ¥606.8B.
Operating income, however, edged down -1.6% from ¥43.9B to ¥43.2B, so the extra sales did not turn into more operating profit.
Net income attributable to owners still rose +2.5% to ¥31.5B, and cash flow improved sharply: operating cash flow reached ¥52B (+19.4%) and free cash flow ¥33B (+72.5%).

What drove the change

Plant engineering sales grew as Japanese customers spent on equipment upgrades and decarbonization, lifting construction, demolition and environmental work for steel and chemical plants
Plant engineering profit was held back by less routine maintenance work in Japan, fewer scheduled overhauls abroad, and a bad-debt allowance on some overseas project payments
Net income got a boost from selling down cross-held shares, and operating cash flow rose because trade receivables fell

Things to watch

Weak domestic demand in China keeps local transport and storage of auto parts and consumer goods sluggish
Hiring is difficult, and if recruitment and training fall behind, staffing sites could become hard
On overseas projects, costs running above estimates could hurt results

Annual Securities Report, 117th fiscal period (Apr 2025–Mar 2026) / 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, 117th fiscal period (Apr 2025–Mar 2026) / 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 Sankyu sells, how much goes where, and how much is kept.

FY ending Mar 2026

Cost of sales: ¥88
SG&A: ¥5
Operating profit: ¥7
Net profit kept: ¥5

Annual margin trends

Gross margin12.1%

Operating margin6.8%

Net margin5.0%

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

Plant engineering and maintenance¥307.5B
49%
Op. margin 10.1%Industry: Plant Engineering & Building Services
Logistics¥295.3B
47%
Op. margin 3.3%Industry: Warehouses & Logistics Facilities
Other¥28.9B
5%
Op. margin 8.6%

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117期(2025/04/01－2026/03/31)
ID S100YJRS2026-06-25Open
EDINET (FSA Japan)
有価証券報告書－第116期(2024/04/01－2025/03/31)
ID S100W1SE2025-06-26Open
EDINET (FSA Japan)
有価証券報告書－第115期(2023/04/01－2024/03/31)
ID S100TQ4Z2024-06-26Open
EDINET (FSA Japan)
訂正有価証券報告書－第114期(2022/04/01－2023/03/31)
ID S100SP2U2024-01-31Open
EDINET (FSA Japan)
有価証券報告書－第113期(令和3年4月1日－令和4年3月31日)
ID S100OBS12022-06-24Open
EDINET (FSA Japan)
有価証券報告書－第112期(令和2年4月1日－令和3年3月31日)
ID S100LLTP2021-06-25Open

Extracted from XBRL: 54 / Derived from other figures: 2

Spotted an error? Report it (corrections keep the original record)

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