Wakachiku Construction Co., Ltd.

Wakachiku Construction Co., Ltd.

TTSE:1888
3,545.00
JPY
+25.00
(+0.71%)
52.18BMarket Cap
Nov 09Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
5,739.35
5,625.41
5,939.04
6,349.44
7,138.1
7,694.46
8,407.14
7,043.68
6,992.71
6,588.03
7,441.47
6,804.36
8,230.07
- -
Basic EPS, GAAP
133.85
174.44
156.38
186.49
217.08
247.26
231.02
142.1
371.42
426.79
399.22
290.39
343.12
- -
Free Cash Flow per Basic Share
217.33
-231.87
353.99
-81.28
327.78
7.87
-330.97
-460.16
1,156.93
1,116.7
-438.02
-907.7
-58.53
- -
Dividend per Share
- -
19.76
29.79
29.64
39.76
46.78
55.28
59.68
54.74
80.07
100.12
120.72
126.66
- -
Book Value per Share
1,230.51
1,474.6
1,575.96
1,752.44
1,943.01
2,146.04
2,382.9
2,563.74
2,908.83
3,240.52
3,600.55
3,802.75
4,242.36
- -
Tangible Book Value per Share
1,221.48
1,466.8
1,568.47
1,746.11
1,935.05
2,132.46
2,369.49
2,544.3
2,884.83
3,211.82
3,570.05
3,762.46
4,155.77
- -
Basic Weighted Avg Shares
13
13
13
13
13
13
13
13
13
13
13
13
13
13
Sales/Revenue/Turnover
72,465
72,880
76,942
82,257
92,467
99,674
107,830
89,821
89,164
84,004
94,916
86,462
104,748
- -
Operating Margin (%)
3.16
3.47
3.36
3.62
4.02
4.62
4.67
3.25
7.67
7.42
7.35
6.04
6.35
- -
Depreciation Expense
196
449
712
699
685
576
552
627
677
721
847
844
842
- -
Net Income, GAAP
1,690
2,260
2,026
2,416
2,812
3,203
2,963
1,812
4,736
5,442
5,092
3,690
4,367
- -
Effective Tax Rate (%)
13.18
1.12
10.64
11.83
18.88
24.07
33.61
36.39
28.14
15.04
32.61
27.84
31.16
- -
Profit Margin (%)
2.33
3.1
2.63
2.94
3.04
3.21
2.75
2.02
5.31
6.48
5.36
4.27
4.17
- -
Working Capital
18,234
19,786
19,799
19,877
20,344
23,282
23,049
29,193
31,521
32,445
32,157
32,423
39,466
- -
LT Debt
6,263
6,416
5,176
2,674
1,846
1,123
478
4,203
3,852
2,847
1,462
467
5,430
- -
Total Equity
16,373
19,657
21,060
23,454
26,003
28,729
31,440
33,843
38,353
42,692
47,383
49,856
54,757
- -
Return on Invested Capital (%)
8.71
9.95
8.55
9.46
10.16
10.66
8.42
3.81
9.91
11.21
9.25
6.47
6.5
- -
Return on Capital (%)
8.06
9.41
7.83
8.94
9.76
9.93
7.53
3.81
9.79
11.91
10.31
6.49
6.43
- -
Return on Common Equity (%)
10.99
12.9
10.25
11.21
11.75
12.09
10.18
5.75
13.57
13.88
11.67
7.83
8.54
- -

Capital Structure

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
ST Debt
5,560
16,155
- -
LT Borrowings
6,123
5,358
- -
LT Finance Leases
- -
72
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
13
13
13
Market Capitalization
66,037
52,182
41,679

Working Capital

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
Total Current Assets
74,088
98,185
- -
Cash, Cash Equivalents & STI
13,401
19,638
- -
Accounts Receivable, Net
48,859
59,794
- -
Inventories
4,755
3,464
- -
Total Current Liabilities
36,738
58,719
- -
Payables & Accruals
- -
- -
- -
ST Debt
5,560
16,155
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.05%
10.14%
9.83%
Free Cash Flow
-542.85%
-96.24%
-93.54%
Net Income, GAAP
16.39%
32.13%
18.35%
Sales/Revenue/Turnover
3.73%
3.74%
21.15%
Total Cash Common Dividend
16.39%
17.66%
5.08%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
86,462
2026
- -
- -
- -
- -
104,748
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
290.39
2026
- -
- -
- -
- -
343.12
2027
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
120.72
2026
- -
- -
- -
- -
126.66
2027
- -
- -
- -
- -
- -

Company Description

CEO
Katsuhiko Karasuda
Full Time Employees
900
Sector
Industrial services
Industry
Engineering & construction
Address
2-23-18, Shimo-Meguro Tokyo TY Japan 153-0064
IPO Date
Oct 2, 1961
Business
Wakachiku Construction Co., Ltd. Wakachiku Construction Co., Ltd. (1888.T) specializes in marine civil engineering and construction services, offering offshore civil engineering including harbor and port facilities, breakwaters, tide embankments, dredging, reclamation, and man-made island projects; land civil engineering encompassing river works, expressways, roads, bridges, railways, tunnels, dams, and disaster recovery infrastructure; building construction for logistics warehouses, factories, accommodation facilities, and defense-related structures; real estate development through sales and leasing of properties; renewable energy projects such as onshore wind power, solar power, small hydropower, biomass, and geothermal facilities; overseas construction in Asia-Pacific regions including Indonesia, Sri Lanka, Vietnam, East Timor, Maldives, and emerging African markets via ODA and private investments; marine transportation and ship supervision; and construction consulting with advanced technologies like BIM/CIM, AI monitoring systems, ROV inspections, and remote systems. Founded on May 23, 1890, the company is headquartered at 2-23-18 Shimo-Meguro, Meguro-ku, Tokyo, Japan, and operates primarily in Japan with subsidiaries SHINSOU CONSTRUCTION Co., Ltd., Daimaru Bouon Co., Ltd., and TOSHIKUUKAN Co., Ltd., employing 854 consolidated staff as of fiscal year 2024. Recent developments include a Medium-Term Business Plan for FY2024-2026 targeting orders over 110 billion yen, net sales of 110 billion yen, operating profit above 6.5 billion yen, and ROE of 9% or higher; construction of a 12,000-ton floating dock scheduled for FY2027 completion to enhance productivity and reduce environmental impact; introduction of Japan's first semi-active motion-compensated gangway for safer SEP vessel transfers in offshore wind projects; joining FLOWCON for floating offshore wind advancements and developing wind-blade-install methods; award of large-scale Patimban Port Phase II in Indonesia; multiple Noto Peninsula Earthquake recovery contracts including Wakura Port; establishment of a Building Construction Division and Architectural Design Department in FY2025; renewable energy contracts in Miyagi, Shizuoka, and Yamagata; and investments in R&D, DX systems, human capital with 52 new graduates in FY2025 (up 85% YoY), and shareholder returns via 45%+ payout ratio and 3.6% DOE minimum.