MIKIKOGYO CO., LTD.

MIKIKOGYO CO., LTD.

TTSE:1718
2,273.00
JPY
-19.00
(-0.83%)
7.46BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
9,013.48
9,226.84
9,305.36
9,582.78
9,740.56
8,985.55
9,112.85
8,312.4
8,040.77
9,379.01
9,819.64
8,323.49
11,025.87
- -
Basic EPS, GAAP
153.38
162.12
327.56
388.13
398.16
217.34
326.64
242.6
223.01
224.02
255.99
200.75
479.36
- -
Free Cash Flow per Basic Share
-419.39
-97.4
387.71
809.34
-350.41
183.45
286.14
-304.26
887.67
295.12
-702.83
138.07
-816.55
- -
Dividend per Share
26.68
26.66
26.57
30.15
43.31
43.31
33.34
46.67
33.3
53.31
59.97
83.28
83.24
- -
Book Value per Share
2,262.11
2,402.67
2,702.65
3,063.06
3,418.65
3,584.36
3,879.56
4,076.02
4,262.42
4,455.52
4,675.4
4,800.38
5,253.77
5,432.18
Tangible Book Value per Share
2,255.17
2,387.6
2,612.23
2,989.71
3,364.2
3,548.84
3,860.98
4,072.29
4,238.93
4,430.49
4,654.17
4,713.49
5,191.61
5,376.76
Basic Weighted Avg Shares
3
3
3
3
3
3
3
3
3
3
3
3
3
3
Sales/Revenue/Turnover
29,578
30,277
30,531
31,436
31,949
29,471
29,887
27,261
26,370
30,759
32,203
27,292
36,152
- -
Operating Margin (%)
4.15
4.43
6.56
6.47
5.94
4.48
4.5
4.79
4.8
3.58
4.09
4.16
7.15
- -
Depreciation Expense
738
811
778
772
714
615
501
570
533
536
484
492
531
- -
Net Income, GAAP
503
532
1,075
1,273
1,306
713
1,071
796
731
735
840
658
1,572
- -
Effective Tax Rate (%)
39.71
42.94
38.27
35.57
26.03
33.31
28.27
30.03
31.63
33
32.05
35.19
33.05
- -
Profit Margin (%)
1.7
1.76
3.52
4.05
4.09
2.42
3.58
2.92
2.77
2.39
2.61
2.41
4.35
- -
Working Capital
-2,647
-1,619
-1,455
-662
564
2,368
3,178
2,651
2,808
2,563
4,410
6,430
6,677
8,121
LT Debt
6,545
6,652
6,235
5,169
4,422
4,601
2,970
3,385
2,793
1,625
2,311
3,859
2,801
2,934
Total Equity
8,686
9,194
10,316
11,638
12,852
13,410
14,414
15,148
15,886
16,612
17,398
17,888
19,532
19,834
Return on Invested Capital (%)
3.82
3.66
5.78
6.05
6.35
3.93
4.44
4.23
4
3.44
3.96
3
6.16
- -
Return on Capital (%)
2.21
2.5
4.57
5.43
5.88
3.22
4.88
3.36
2.86
3.04
3.5
2.44
5.29
- -
Return on Common Equity (%)
7
6.95
12.83
13.46
12.29
6.21
8.75
6.1
5.35
5.14
5.61
4.24
9.54
- -

Capital Structure

JPY

•

in mil. unless spec.
Jun'24
Mar'26
Jun'26
ST Debt
2,588
- -
3,715
LT Borrowings
4,293
- -
2,853
LT Finance Leases
108
- -
81
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3
3
3
Market Capitalization
5,317
7,709
7,456

Working Capital

JPY

•

in mil. unless spec.
Jun'24
Mar'26
Jun'26
Total Current Assets
13,972
- -
17,911
Cash, Cash Equivalents & STI
4,927
- -
3,777
Accounts Receivable, Net
2,333
- -
6,370
Inventories
6,077
- -
7,020
Total Current Liabilities
7,071
- -
9,790
Payables & Accruals
- -
- -
- -
ST Debt
2,588
- -
3,715
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.63%
5.24%
9.19%
Free Cash Flow
-194.5%
-321.54%
-691.4%
Net Income, GAAP
12.4%
24.77%
138.78%
Sales/Revenue/Turnover
2.47%
7.06%
32.46%
Total Cash Common Dividend
15.67%
16.54%
-0.05%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7,418
5,707
- -
- -
27,292
2025
- -
- -
- -
- -
36,152
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
78.69
31.18
- -
- -
200.75
2025
- -
- -
- -
- -
479.36
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
83.28
2025
- -
- -
- -
- -
83.24
2026
- -
- -
- -
- -
- -

Company Description

CEO
Shoichiro Okada
Full Time Employees
590
Sector
Industrial services
Industry
Engineering & construction
Address
951-1 Hojo Himeji HY Japan 670-0947
IPO Date
Oct 29, 2003
Business
Mikikogyo Co., Ltd. engages in construction and related businesses primarily in Japan. The company operates through segments including building construction, civil engineering, piping, facility equipment, and real estate; it undertakes new construction and renewal works for public facilities, commercial facilities, condominiums, offices, warehouses, medical facilities, city halls, school lunch centers, public and private buildings, as well as partial repairs of exterior walls and interiors, building renovations, and earthquake-resistant seismic reinforcements; civil engineering works encompass bridges, rivers, water supply, sewage, parks, squares, and roadways; piping works cover gas installation such as pipe laying, road restoration, maintenance, management, pipeline construction, on-site construction, gas pipe maintenance, and emergency security; facility constructions include installation of piping and equipment for air conditioning, ventilation, water supply, drainage, sanitary systems, and clean energy technologies with inspection, cleaning, and part replacement services; firefighting equipment such as building sprinklers; renewable energy projects involving installation, maintenance, management, and electricity sales from solar and wind power facilities, including five megasolar plants and innovative floating solar on ponds; non-life insurance agency; real estate rental and management; food and beverage operations; and steel and sheet processing. Founded in 1952 and headquartered in Himeji, Japan, Mikikogyo focuses on both public and private sector clients with nationwide operations. In 2024, the company agreed to acquire Hyou Co., Ltd., expanding its capabilities; it also revised financial estimates upward for the fiscal year ending December 2025, reflecting strong second- and third-quarter performance with double-digit revenue growth, significant profit increases driven by construction progress and real estate contributions, and raised interim and year-end dividends to 150 yen per share each for a total annual payout of 300 yen.