ENVALITH
株式会社巴コーポレーション logo

TOMOE CORPORATION

1921Standard MarketConstruction

株式会社巴コーポレーション logo
TOMOE CORPORATION1921

Steel Structure Construction

Core business handling the design, fabrication, and construction of three-dimensional structures, bridges, steel frames, and steel towers

PeriodCurrentPreviousChange
Net Sales¥27,938 million¥31,403 million
Operating Income¥1,904 million¥2,706 million
Orders Received¥29,050 million¥27,523 million
Order Backlog (Period End)¥30,113 million¥28,999 million
Depreciation¥595 million¥445 million
Impairment Loss¥221 million¥0 million

Business Details

This segment handles the design, fabrication, and construction of three-dimensional structures, bridges, steel frames, and steel towers, as well as the planning, design, and construction of general construction work. Serving both public sector and private sector clients, net sales for FY2026 (ending March 2026) were ¥27,938 million, making it the core segment accounting for approximately 80% of the group's total sales. Revenue is primarily recognized based on the percentage-of-completion method (input method).

Recent Overview

Sales and profit declined, but orders received and order backlog increased, laying the groundwork for the next period

In FY2026 (ending March 2026), net sales in the Steel Structure Construction segment were ¥27,938 million (down 11% year on year), and operating income was ¥1,904 million (down ¥801 million year on year), reflecting a decline in both sales and profit. This was primarily due to a 28% year-on-year decline in sales to public sector clients, to ¥12,384 million. On the other hand, orders received increased to ¥29,050 million (up 6% year on year), and the order backlog increased to ¥30,113 million (up 4% year on year), which is expected to contribute to sales in the next period. An impairment loss of ¥221 million was recorded.

Key Products

service
Three-Dimensional Structures & Steel Frame Work

Provides integrated design, fabrication, and construction of steel-frame structures, primarily for private capital investment projects. In FY2026 (ending March 2026), net sales to private-sector clients increased to ¥15,554 million from ¥14,007 million in the prior period.

service
Bridge & Steel Tower Work

Handles infrastructure construction work for public sector clients, including road bridges, railway bridges, and power transmission towers. In FY2026 (ending March 2026), net sales to public sector clients were ¥12,384 million (down from ¥17,396 million in the prior period), and the proportion of private-sector sales increased.

service
General Construction (General Contractor Cooperation)

Participates as a general contractor cooperation partner in complex projects such as large-scale redevelopment, data centers, and renewable energy-related construction. The order backlog stood at ¥30,113 million at the end of March 2026, up 4% from the end of the prior period, and is expected to contribute to sales in the next fiscal period.

Growth Drivers

  • Contribution to next-period sales from the accumulated order backlog of ¥30,113 million (as of the end of March 2026)
  • Maintenance of a favorable order environment amid a gradual recovery in private capital investment and steady public investment
  • Securing carryover work into the next period, including large-scale redevelopment, data centers, and renewable energy-related projects
  • Strengthening production capacity through investment in factory machinery and equipment and construction of a painting plant to improve production efficiency
  • Continued efforts to strengthen personnel recruitment and improve profit margins

Risks

  • Risk of rising construction costs due to persistently high material prices
  • Risk of schedule delays and deteriorating profitability due to a shortage of engineers and skilled workers
  • Risk of reduced orders due to plan revisions such as postponement or cancellation of construction projects
  • Risk of a downturn in private capital investment due to the impact of U.S. trade policy and other factors
  • Risk of fluctuations in completed construction revenue and profit due to changes in estimated construction progress
  • Risk of recording impairment losses on fixed assets (¥221 million recorded in FY2026, ending March 2026)

Last updated: June 26, 2026