Hibiya Engineering,ltd. TSE:1982
Hibiya Engineering : Earnings Announcement for the First Quarter of the Fiscal Year Ending March 31, 2026
Source: MarketScreener
We received orders strategically based on the level of projects carried over from FYE3/25, as well as the construction period and structure.
Net sales increased YoY due to steady progress of projects carried over from FYE3/25.
Besides an increase in net sales, profit margin increased due to improvements in projected profit at the time of receiving orders and efficiency of works, resulting in an YoY increase in profit.
(Billion yen)
6/2023
6/2024
6/2025
YoY change
YoY change (%)
Orders received
21.3
16.5
16.7
+0.1
+0.6％
Net sales
16.1
17.5
19.0
+1.5
+8.8％
Gross profit
2.3
2.9
3.6
+0.6
+23.2%
Gross profit margin
14.4%
17.0%
19.2%
+2.2%
-
Operating profit
0.4
0.9
1.6
+0.6
+66.8％
Ordinary profit
0.7
1.2
1.9
+0.6
+54.9%
Profit
attributable to
owners of parent
0.5
0.8
1.3
+0.5
+63.8％
3/2024
Result (full year)
3/2025
Result (full year)
3/2026
Forecast
(full year)
Announced on May 13, 2025
105.5
93.6
95.5
83.7
89.7
93.5
14.9
17.2
17.6
17.8％
19.2％
18.9%
5.7
7.4
7.8
6.4
8.1
8.4
4.8
5.9
6.0
Financial Highlights (Consolidated)
Order intake remained the same level YoY due to strategic efforts as in the previous year.
25.0
By Customer(Billion yen)
25.0
By Category(Billion yen)
20.0
15.0
10.0
5.0
20.0
21.3
2.1
3.3
4.4
16.5
2.1
2.5
2.2
16.7
1.6
2.9
5.4
11.3
9.6
6.5
15.0
10.0
5.0
0.0
21.3 | ||||||||
2.1 | ||||||||
16.5 | 16.7 1.6 3.3 4.5 7.1 | |||||||
11.0 0.3 | ||||||||
2.1 | ||||||||
3.0 | ||||||||
3.9 | ||||||||
7.7 | ||||||||
7.3 | ||||||||
6/2023 6/2024 6/2025
0.0
6/2023 6/2024 6/2025
Orders Received (1): By Customer/Category (Consolidated)
Orders Received (2): By Facility Category (Non-consolidated)
Data centers/Information remained the same level YoY due to strategic order intake activities.
Education/Health care decreased due to the large-scale hospital project received in 6/2024, and Other increased due to the large-scale event hall project received.
Data centers/InformationOffice buildingsManufacturing/DistributionEducation/Health careHotels/ResortsOther20.0
15.05.2
4.2
0
0.6
0.6
4.0
0.1
0.4
0.1
0.5
0.2
0.4
3.3
4.0
0.4
4.1
5.8
13.8
18.0
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0
Trends in orders received (non-consolidated)(Billion yen)
Orders for renovation were solid, and orders for new construction mainly in the private sector decreased YoY due to strategic efforts.
Trends in new vs. renovation split (non-consolidated)12.4
(83.1%)
*Including ¥0.04 bn for fitting out construction
2.5
(16.9 %)
3.4
(23.9%)
7.8
(40.9%)
11.0
(76.1%)
*Including ¥0.43 bn for fitting out construction
fitting out construction
11.3
(59.1%)
*Including ¥0.67 bn for
15.0
14.4
19.1
25.0
(Billion yen)
20.0
15.0
10.0
5.0
0.0
Orders Received (3): New vs. Renovation Split (Non-consolidated)
Net sales increased in a balanced manner for each customer and category.
20.0
18.0
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
By Customer19.0
1.6
16.1
2.0
17.5
1.9
3.1
2.3
2.2 4.1
4.5
4.0
10.1
7.8
8.6
(Billion yen)
20.0
18.0
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0
By Category(Billion yen)
0.0
16.1
2.0
17.5
1.9
19.0
1.6
8.7
8.1
7.2
1.6
0.2
0.6
6.6
6.8
6.9
6/2023 6/2024 6/2025
NTT Group
6/2023 6/2024 6/2025
Net Sales (1): By Customer/Category (Consolidated)
Net Sales (2): By Facility Category (Non-consolidated)
Data centers/Information remained the same level YoY.
Office buildings recorded YoY growth due to steady progress of projects carried over from FYE3/25.
Hospital and apartment building projects increased, leading to growth of Education/Health
17.47.1
6.7
0.0
0.8
1.1
1.4
0.5
1.6
1.5
0.2
0.5
1.5
1.2
1.7
4.0
2.8
6.4
7.1
14.1
15.5
care and Other.
18.0
16.0
14.0
12.0
Trends in net sales (non-consolidated)(Billion yen)
8.0
6.0
4.0
2.0
0.0
Net Sales (3): New vs. Renovation Split (Non-consolidated)
Renovation progressed steadily, and fitting out construction of data centers also increased.
New construction projects also increased due to steady progress of projects carried out from FYE3/25.
Trends in new vs. renovation split (non-consolidated)
(55.2%)
9.6
(55.3%)
*Including ¥0.32 bn for
fitting out construction
7.7
(44.7%)
6.3
(44.8%)
7.2
(46.3%)
*Including ¥0.14 bn for
fitting out construction
*Including ¥0.22 bn for fitting out construction
8.3
(53.7%)
7.7
14.1
15.5
17.4
20.0
18.0
16.0
14.0
12.0
10.0
8.0
(Billion yen)
6.0
4.0
2.0
0.0
6/2023 6/2024 6/2025
Projects carried over remained at a high level as in FYE3/25.
90.0
80.0
70.0
60.0
50.0
40.0
59.9
0.3
37.6
65.0
0.4
41.3
81.7
0.2
57.1
By Customer80.8
0.4
52.1
85.6
0.3
56.9
(Billion yen)
83.2
0.4
51.5
30.0
20.0
10.0
0.0
4.1
17.7
4.2
18.9
5.9
18.3
9.3
18.9
9.7
18.5
12.6
18.6
3/2023 6/2023 3/2024 6/2024 3/2025 6/2025
NTT GroupPublic sectorPrivate sectorOther*Projects Carried Over by Customer (Consolidated)
By Category(Billion yen)
90.0
80.0
70.0
60.0
50.0
40.0
59.9
0.3
9.9
18.2
65.0
0.4
11.0
18.6
81.7
0.2
13.6
22.6
80.8
0.4
13.8
20.3
85.6
0.3
13.8
22.2
83.2
0.4
13.6
23.5
30.0
20.0
10.0
31.3
34.8
45.2
46.1
49.1
45.5
0.0
3/2023 6/2023 3/2024 6/2024 3/2025 6/2025
Air conditioningPlumbing and sanitationElectricalOther*Projects Carried Over by Category (Consolidated)
Projects carried over completing within one year remained at the same high level as June 30, 2024.
Projects with over two years to completion increased due to orders for long-duration projects received.
(Billion yen)
50.0
45.0
40.0
35.0
30.0
25.0
20.0
15.0
10.0
47.5 46.8
16.7
3.3
27.5
24.0
6.8
27.6 25.8
5.1
20.3
19.3
NTT Group
10.2
5.0
0.0
As of June 30, 2024
16.0
As of June 30, 2025
2.2
As of June 30, 2024
4.0
As of June 30, 2025
2.5
1.0
5.3
4.3
As of June 30, 2024
8.4
As of June 30, 2025
1.7
0.1
To be completed within one year
To be completed over one year and within two years
To be completed over two years
To be completed in
FYE3/25 FYE3/26 FYE3/26 FYE3/27 FYE3/27 or
FYE3/28 or
Projects Carried Over by Completion Period (Non-consolidated)
(Cautionary Statement Concerning Forward-Looking Statements)
Forward-looking statements such as forecasts of financial results stated in these materials are based on information currently available to the Company and certain assumptions that the Company judges as rational. These statements are not guarantees of future performance. Actual results may be materially different from the above forecasts for a number of reasons.
[Inquiries about these materials] Hibiya Engineering, Ltd.
IR and Public Relations Department, Management Headquarters
13F Sumitomo Fudosan Tokyo Mita South Tower, 3-5-27, Mita, Minato-ku, Tokyo, 108-6312 TEL: 03-3454-2720 FAX: 03-3454-3410