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50762026 Full YearPrimeIFRS

INFRONEER Holdings (5076) FY2026 FY Earnings Report

For FY2026 FY, revenue came to ¥1.12T (+32.7% year on year) and operating income ¥75.8B (+60.8%). The segment drivers and cash flow follow.

Construction & Materials/Construction


Financial Highlights

  • Net Sales: ¥1.12T
  • Operating Income: ¥75.81B
  • Net Income: ¥78.19B
  • EPS: ¥295.46

Income Statement

ItemCurrentPriorYoY %
Net Sales¥1.12T¥847.55B+32.7%
Cost of Sales¥960.91B¥732.03B+31.3%
Gross Profit¥163.97B¥115.51B+41.9%
SG&A Expenses¥94.16B¥68.33B+37.8%
Operating Income¥75.81B¥47.15B+60.8%
Equity Method Investment Income−¥578M¥1.35B−142.7%
Profit Before Tax¥107.25B¥49.76B+115.5%
Income Tax Expense¥29.05B¥16.91B+71.8%
Net Income¥78.19B¥32.84B+138.1%
Net Income Attributable to Owners¥76.57B¥32.42B+136.2%
Total Comprehensive Income¥105.64B¥33.44B+215.9%
Basic EPS¥295.46¥124.15+138.0%
Diluted EPS¥258.09¥111.14+132.2%
Dividend Per Share¥120.00¥30.00+300.0%
Total Dividend Paid¥31.37B¥15.67B+100.2%

Balance Sheet

ItemCurrent EndPrior EndChange
Current Assets¥1.04T¥600.86B+¥435.68B
Accounts Receivable¥225.86B¥150.75B+¥75.11B
Inventories¥15.39B¥12.81B+¥2.58B
Non-current Assets¥986.56B¥849.88B+¥136.68B
Property, Plant & Equipment¥278.77B¥222.51B+¥56.26B
Intangible Assets¥228.27B¥234.34B−¥6.07B
Goodwill¥176.28B¥158.64B+¥17.64B
Total Assets¥2.02T¥1.45T+¥572.36B
Accounts Payable¥380.59B¥272.22B+¥108.37B
Non-current Liabilities¥638.90B¥456.99B+¥181.91B
Total Liabilities¥1.38T¥907.88B+¥469.99B
Total Equity¥645.23B¥542.85B+¥102.38B
Capital Stock¥20.00B¥20.00B¥0
Capital Surplus¥216.79B¥214.29B+¥2.50B
Retained Earnings¥349.15B¥278.54B+¥70.61B
Treasury Stock−¥21.80B−¥27.04B+¥5.25B
Shareholders' Equity¥610.60B¥519.14B+¥91.46B
Equity Ratio30.2%35.8%−5.6%

Cash Flow Statement

ItemCurrentPriorChange
Operating Cash Flow¥192.78B¥39.60B+¥153.18B
Investing Cash Flow−¥39.26B−¥27.50B−¥11.76B
Financing Cash Flow¥86.68B−¥4.88B+¥91.56B
Cash and Cash Equivalents¥360.98B¥119.50B+¥241.48B
Free Cash Flow¥153.53B--

Profitability Ratios

ItemValue
ROE13.6%
ROA (Ordinary Income)6.2%
Payout Ratio40.6%
Dividend on Equity (DOE)6.5%
Book Value Per Share¥2,012.57
Net Profit Margin6.8%
Gross Profit Margin14.6%
Debt-to-Equity Ratio2.14x
Effective Tax Rate27.1%

Year-over-Year Comparison

ItemYoY Change
Net Sales YoY Change+32.7%
Operating Income YoY Change+60.8%
Profit Before Tax YoY Change+115.5%
Net Income YoY Change+138.1%
Net Income Attributable to Owners YoY Change+136.2%
Total Comprehensive Income YoY Change+215.9%

Share Information

ItemValue
Shares Outstanding (incl. Treasury)274.85M shares
Treasury Stock22.15M shares
Average Shares Outstanding250.37M shares
Book Value Per Share¥2,553.41

Dividend Information

ItemAmount
Q2 Dividend¥30.00
Year-End Dividend¥90.00

Segment Information

SegmentRevenueOperating Income
Building¥497.73B¥22.16B
CivilEngineering¥264.95B¥26.06B
InfrastructureManagement¥37.42B−¥1.75B
Machinery¥39.50B¥1.93B
OperatingSegmentsNotIncludedInReportableSegmentsAndOtherRevenueGeneratingBusiness¥3.04B¥15.46B
RoadPaving¥282.24B¥21.38B

※ セグメント利益の測定基礎: business

Full Year Forecast

ItemForecast
Net Sales Forecast¥1.37T
Operating Income Forecast¥77.80B
Net Income Attributable to Owners Forecast¥60.00B
Basic EPS Forecast¥229.26
Dividend Per Share Forecast¥100.00