ENVALITH
藤田エンジニアリング株式会社 logo

FUJITA ENGINEERING CO.,LTD.

1770Standard MarketConstruction

藤田エンジニアリング株式会社 logo
FUJITA ENGINEERING CO.,LTD.1770

Construction Business

Fujita Engineering's core business. Operates Building Facility Construction, Industrial Facility Construction, and Environmental Facility Construction.

PeriodCurrentPreviousChange
Segment sales (external customers)¥14,693 million¥18,339 million
Segment profit¥1,071 million¥1,727 million
Segment assets¥20,588 million¥19,615 million
Depreciation¥70 million¥55 million
Order intake (total Construction Business)¥22,235 million¥16,820 million (prior-period estimate)
Increase in property, plant and equipment and intangible assets¥61 million¥346 million

Business Details

The Construction Business is the core segment of the Group, comprising three divisions: Building Facility Construction, Industrial Facility Construction, and Environmental Facility Construction. In May 2025, Gunko Co., Ltd. (construction and exterior wall work) was made a wholly owned subsidiary and integrated into the Building Facility Construction division. The segment's main customers are major general contractors, and it has a track record of construction primarily in building-related facility work, with a base in the Northern Kanto area. Although order intake remained solid during the current period, sales decreased year on year due to the effect of construction progress timing.

Recent Overview

Order intake surged 32.2% year on year, but delays in construction progress led to a 19.7% year-on-year decrease in sales.

Order intake for the Construction Business in FY2026 (ending March 2026) expanded significantly to ¥22,235 million (up 32.2% year on year), driven in particular by Industrial Facility Construction at ¥14,861 million (up 55.0% year on year). On the other hand, sales were limited to ¥14,729 million (down 19.7% year on year) due to the effect of construction progress timing, and segment profit also decreased significantly to ¥1,071 million (down 38.0% year on year). In June 2025, Gunko Co., Ltd. was integrated into the Building Facility Construction division, newly incorporating the construction and exterior wall work field. Sales recovery is expected in the next period and beyond, supported by the accumulated order backlog.

Key Products

service
Industrial Facility Construction

This division handles facility construction for manufacturing and industrial facilities. Order intake for FY2026 (ending March 2026) expanded significantly to ¥14,861 million (up 55.0% year on year). On the other hand, sales were limited to ¥5,545 million (down 32.4% year on year) due to the effect of construction progress timing. The accumulation of the order backlog is expected to contribute to sales in the next period and beyond.

service
Building Facility Construction

This division handles air conditioning, electrical, and other facility construction work for buildings and structures. In June 2025, Gunko Co., Ltd. (construction and exterior wall work) was integrated, expanding the division's scope into the construction field. Order intake for FY2026 (ending March 2026) was ¥3,213 million (up 29.8% year on year), and sales achieved growth to ¥4,047 million (up 9.3% year on year).

service
Environmental Facility Construction

This division handles facility construction for environmental infrastructure such as water and sewage systems and waste treatment. Order intake for FY2026 (ending March 2026) was ¥4,160 million (down 12.6% year on year), and sales were ¥5,136 million (down 20.3% year on year), with both orders and sales falling below the prior period. While public investment remained resilient, results were affected by the timing of construction completion.

Growth Drivers

  • Rapid expansion of order intake in Industrial Facility Construction (¥14,861 million in FY2026 (ending March 2026), up 55.0% year on year), expected to contribute to sales in the next period and beyond
  • Expansion of the Building Facility Construction business and synergies with the construction division through the consolidation of Gunko Co., Ltd.
  • Expanding capital investment appetite among private companies and resilient trends in public investment
  • Total order intake for the Construction Business increased 32.2% year on year to ¥22,235 million, with expectations of medium-term sales growth from the accumulated order backlog
  • Strengthening of solution capabilities and expansion of business scope through M&A, reinforcing the sales foundation

Risks

  • Pressure on profitability from a shortage of skilled workers and rising prices of construction materials and labor costs
  • Risk of delays in construction progress (continued short-term sales decline due to the time lag between order receipt and revenue recognition)
  • Concerns over suppressed private capital investment due to US trade policy and geopolitical risks
  • Increased costs of responding to overtime work cap regulations (the '2024 problem')
  • Risk of clients curbing capital investment in response to price increases

Last updated: June 23, 2026