Giken Holdings Co.,Ltd.
1443・Standard Market・Construction
Civil Engineering-Related Business
Social infrastructure development business centered on slope protection and steep-slope disaster prevention construction
| Period | Current | Previous | Change |
|---|---|---|---|
| Net sales (FY2026 (ending March 2026) full year) | ¥834 million | ¥728 million | ↑ |
| Operating profit (FY2026 (ending March 2026) full year) | ¥138 million | ¥100 million | ↑ |
| Segment assets (end of FY2026 (ending March 2026)) | ¥712 million | ¥542 million | ↑ |
| Orders received (FY2026 (ending March 2026) full year) | ¥1,455 million | ¥908 million | ↑ |
| Backlog carried into next period (end of FY2026 (ending March 2026)) | ¥1,056 million | ¥434 million | ↑ |
Business Details
This business undertakes the design and construction of civil engineering works such as slope protection and steep-slope disaster prevention measures. Its main customer base consists of public works projects related to natural disaster recovery support and national resilience initiatives. Revenue recognition is mainly based on the percentage-of-completion method (revenue recognized over a period of time); of the ¥834 million in net sales for FY2026 (ending March 2026), the entire amount was recognized as revenue over a period of time. The company has pursued a profitability-focused order strategy, achieving significant year-on-year increases in both net sales and profit.
Recent Overview
Orders received expanded sharply, up 60.3% year on year, with a substantial buildup in carried-forward backlog
In FY2026 (ending March 2026), the company achieved substantial increases across all metrics: orders received of ¥1,455 million (up 60.3% year on year), net sales of ¥834 million (up 14.5% year on year), and operating profit of ¥138 million (up 38.5% year on year). Backlog carried into the next period increased to ¥1,056 million, up ¥621 million from the prior year-end, significantly expanding the capacity for future sales recognition. This success was driven by resilient public investment and a profitability-focused order strategy.
Key Products
Growth Drivers
- Securing consistent order opportunities through execution of public budgets related to national resilience
- Expanded capacity for future sales recognition due to a significant buildup in backlog carried into the next period (¥1,056 million at end of FY2026 (ending March 2026), up ¥621 million from the prior year-end)
- Improved profit margin through a profitability-focused order strategy (operating margin of approximately 16.6% in FY2026 (ending March 2026))
- Capability to respond to sudden demand such as natural disaster recovery support projects
Risks
- Risk of rising construction costs due to prolonged surges in and shortages of construction materials
- Increasing difficulty in securing construction capacity due to chronic shortage of skilled technical workers
- Instability in order intake due to dependence on the occurrence of natural disasters and the timing of public budget execution
- Risk of deteriorating profitability due to intensifying competition for orders
- Risk of fluctuation in period sales due to concentration or dispersion of large-scale project construction
Last updated: June 24, 2026