Raito Kogyo Co., Ltd.

Raito Kogyo Co., Ltd.

TTSE:1926
956.00
JPY
+2.00
(+0.21%)
161.00BMarket Cap
Nov 11Next 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
440.06
406.61
442.3
485.75
475.81
490.87
511.8
521.56
533.75
577.3
602.9
656.01
827.94
- -
Basic EPS, GAAP
18.86
21.85
28.1
32.29
31.11
31.09
34.05
41.64
43.53
47.65
42.04
53.57
74.26
- -
Free Cash Flow per Basic Share
1.6
30.54
26.76
6.18
12.3
18.82
7.75
57.67
27.21
8.68
53.84
30.16
61.49
- -
Dividend per Share
1.99
2.49
3.48
4.98
6.23
8.77
9.47
10.25
12.64
13.75
15.4
25.67
28.9
- -
Book Value per Share
169.97
197.64
220.05
252.54
279.52
302.36
328.18
365.75
397.8
430.33
469.36
493.16
535.27
- -
Tangible Book Value per Share
169.37
197.05
219.48
251.79
278.65
301.19
326.67
364.31
396.53
426.75
465.55
489.55
531.55
- -
Basic Weighted Avg Shares
211
211
211
211
210
209
208
207
205
199
195
185
168
172
Sales/Revenue/Turnover
92,697
85,648
93,166
102,316
100,124
102,824
106,209
108,208
109,503
114,974
117,324
121,456
139,216
- -
Operating Margin (%)
7.1
8.26
9.27
9.58
8.94
9.44
9.3
10.84
12.09
11.12
9.59
10.55
12.36
- -
Depreciation Expense
958
1,124
1,418
1,413
1,449
1,737
1,772
1,842
2,140
2,441
2,890
3,095
3,109
- -
Net Income, GAAP
3,973
4,602
5,918
6,801
6,546
6,512
7,066
8,640
8,930
9,489
8,181
9,919
12,487
- -
Effective Tax Rate (%)
40.62
37.7
30.56
30.26
27.89
32.22
25.64
29.61
33.01
29.59
30.44
29.21
27.74
- -
Profit Margin (%)
4.29
5.37
6.35
6.65
6.54
6.33
6.65
7.98
8.16
8.25
6.97
8.17
8.97
- -
Working Capital
19,617
22,118
26,366
30,692
32,023
36,568
36,131
38,169
42,055
48,078
49,274
46,690
46,377
- -
LT Debt
764
484
328
197
118
15
20
15
12
296
115
114
90
- -
Total Equity
35,803
41,630
46,350
53,194
58,784
62,747
68,214
75,916
80,816
85,435
91,093
88,673
90,884
- -
Return on Invested Capital (%)
10.33
10.43
12.68
12.81
10.96
10.36
10.79
11.02
10.81
10.34
8.49
9.71
13.16
- -
Return on Capital (%)
11
11.47
13.13
13.36
11.47
10.55
10.67
11.87
11.34
11.37
9.27
10.96
13.74
- -
Return on Common Equity (%)
11.5
11.89
13.45
13.66
11.69
10.72
10.8
12.01
11.41
11.49
9.37
11.14
14.04
- -

Capital Structure

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
ST Debt
1,501
1,737
- -
LT Borrowings
- -
7
- -
LT Finance Leases
121
83
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
173
168
164
Market Capitalization
139,234
161,000
167,116

Working Capital

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
Total Current Assets
77,443
80,037
- -
Cash, Cash Equivalents & STI
21,953
29,975
- -
Accounts Receivable, Net
47,259
40,737
- -
Inventories
2,935
2,278
- -
Total Current Liabilities
32,928
33,660
- -
Payables & Accruals
- -
- -
- -
ST Debt
1,501
1,737
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.06%
3.72%
2.49%
Free Cash Flow
108.11%
84.49%
85.17%
Net Income, GAAP
8.44%
8.59%
25.89%
Sales/Revenue/Turnover
4.19%
5.28%
14.62%
Total Cash Common Dividend
22.14%
19.56%
2.27%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
121,456
2026
- -
- -
- -
- -
139,216
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
53.57
2026
- -
- -
- -
- -
74.26
2027
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
25.67
2026
- -
- -
- -
- -
28.9
2027
- -
- -
- -
- -
- -

Company Description

CEO
Kazuhiro Akutsu
Full Time Employees
1,399
Sector
Industrial services
Industry
Engineering & construction
Address
4-2-35 Kudan-Kita 4-chome Tokyo TY Japan 102-8236
IPO Date
Oct 2, 1961
Business
Raito Kogyo Co., Ltd. is a specialized civil engineering contractor primarily engaged in ground improvement, slope protection, and soil stabilization services. The company offers a wide range of products and services including jet grouting, chemical grouting, deep soil mixing, cut-off walls using soil cement, sprayed concrete and mortar applications for slope stabilization, slope greening, ground anchors, and rockfall protection nets. It also provides structural repair and reinforcement, landslide prevention, environmental restoration, and sewage system construction. Raito Kogyo serves infrastructure projects such as roads, railways, ports, and water and sewer systems, leveraging advanced soil mixing technologies like Raito Deep Mixing (RDM), Dry Jet Mixing (DJM), and Raito Soil-Cement Wall (RSW) methods. The company operates mainly in Japan, with projects extending to North America and other regions, and maintains a network of 50 offices in Japan and technical alliances internationally. Founded in 1943 and headquartered in Tokyo, Japan, Raito Kogyo has established a reputation for disaster prevention and infrastructure development through innovative engineering solutions. Recent major developments include a robust financial performance in the first half of 2025, with a significant increase in net sales and profits driven by strong demand in Japan's infrastructure market and increased project deliveries. The company announced and actively pursued a sizable share repurchase program beginning in early 2025, repurchasing over 2 million shares to strengthen shareholder value and optimize its capital structure. Raito Kogyo continues to focus on operational efficiency, profitability, and competitiveness through disciplined resource allocation and innovative transformation initiatives. These strategic actions reflect a commitment to sustained growth and shareholder returns amidst challenging market conditions in the construction and civil engineering sector. The company’s business segments include slope protection, landslide prevention, foundation and ground improvement, structural repair/reinforcement, environmental restoration, and construction of sewage systems. Its target markets include government infrastructure projects and private sector construction clients requiring advanced civil engineering solutions. Raito Kogyo is noted for its expertise in soil and ground improvement technologies critical to urban expansion, transportation networks, and essential utility infrastructure. It also provides related building materials, equipment leasing, welfare establishment management, insurance agency operations, and nursing care services as part of its diversified operations. Thus, Raito Kogyo Co., Ltd. stands as a key player in Japan’s civil engineering and infrastructure construction industries, offering comprehensive ground and slope stabilization products and services, with ongoing strategic initiatives to enhance financial performance and shareholder value through operational improvements and equity buybacks.