MIYAJI ENGINEERING GROUP, INC.

MIYAJI ENGINEERING GROUP, INC.

TTSE:3431
1,419.00
JPY
+6.00
(+0.42%)
45.75BMarket 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
808.83
912
1,466.43
1,333.32
1,731.13
1,912.66
2,345.4
2,030.43
2,130.86
2,214.51
2,548.4
2,793.24
2,136.69
- -
Basic EPS, GAAP
34.09
36.82
86.52
80.23
76.62
132.56
96.13
139.92
125.13
113.04
159.96
181.33
123.09
- -
Free Cash Flow per Basic Share
36.71
-7.88
-144.67
176.64
240.36
-109.53
90.72
-59.89
394.09
-27.59
252.8
-198.34
245.95
- -
Dividend per Share
- -
4.95
4.97
9.94
9.95
9.96
14.94
19.9
19.91
49.78
62.05
96.22
97.11
- -
Book Value per Share
483.81
551.28
602.38
693.1
781.35
895.09
960.91
1,107.3
1,226.19
1,304.36
1,458.93
1,535.65
1,615.48
- -
Tangible Book Value per Share
479.96
548.36
597.41
689.37
776.36
887.04
952.15
1,096.07
1,213.84
1,290.69
1,443.68
1,519.1
1,599.04
- -
Basic Weighted Avg Shares
27
27
27
27
27
27
27
27
27
27
27
27
27
27
Sales/Revenue/Turnover
22,028
24,835
39,930
36,298
47,128
52,063
63,842
55,268
58,002
60,279
69,365
74,725
56,659
- -
Operating Margin (%)
6.52
4.43
2.73
6.97
7.47
8.36
8.21
9.95
10.02
8.51
11.4
12.25
7.99
- -
Depreciation Expense
344
348
517
517
618
568
678
1,005
1,098
1,025
953
1,282
1,630
- -
Net Income, GAAP
928
1,003
2,356
2,184
2,086
3,608
2,617
3,809
3,406
3,077
4,354
4,851
3,264
- -
Effective Tax Rate (%)
- -
0.33
8.24
5.57
26.29
0.06
27.52
21.17
26.09
28.27
31.05
30.84
30.19
- -
Profit Margin (%)
4.21
4.04
5.9
6.02
4.43
6.93
4.1
6.89
5.87
5.1
6.28
6.49
5.76
- -
Working Capital
3,438
4,045
8,329
10,589
12,708
15,389
17,685
20,563
23,906
25,790
28,465
29,315
26,484
- -
LT Debt
505
1,019
602
778
677
320
554
505
141
81
326
539
212
- -
Total Equity
13,176
15,012
18,460
21,301
24,185
28,071
30,334
35,006
39,089
41,566
46,629
48,573
49,988
- -
Return on Invested Capital (%)
- -
5.17
4.1
8.96
9.25
13.96
11.1
11.68
10.78
8.84
11.93
11.86
5.78
- -
Return on Capital (%)
- -
5.08
8.78
6.83
5.78
9.1
6.15
8.27
6.23
5.77
7.14
6.01
5.78
- -
Return on Common Equity (%)
7.27
7.11
15
12.38
10.39
15.81
10.36
13.53
10.72
8.93
11.58
12.06
7.81
- -

Capital Structure

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
ST Debt
3,600
300
- -
LT Borrowings
300
- -
- -
LT Finance Leases
- -
212
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
27
27
27
Market Capitalization
53,621
45,745
40,627

Working Capital

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
Total Current Assets
55,931
53,795
- -
Cash, Cash Equivalents & STI
5,726
12,370
- -
Accounts Receivable, Net
48,803
40,323
- -
Inventories
812
309
- -
Total Current Liabilities
26,665
27,311
- -
Payables & Accruals
- -
- -
- -
ST Debt
3,600
300
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.57%
7.45%
2.91%
Free Cash Flow
-296.17%
-456.27%
-222.92%
Net Income, GAAP
7.92%
-0.01%
-32.71%
Sales/Revenue/Turnover
4.79%
1.5%
-24.18%
Total Cash Common Dividend
41.06%
45.43%
0.04%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
74,725
2026
- -
- -
- -
- -
56,659
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
181.33
2026
- -
- -
- -
- -
123.09
2027
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
96.22
2026
- -
- -
- -
- -
97.11
2027
- -
- -
- -
- -
- -

Company Description

CEO
Masahiro Ikeura
Full Time Employees
814
Sector
Industrial services
Industry
Engineering & construction
Address
9-19 Nihonbashi Tokyo TY Japan 103-0006
IPO Date
Sep 29, 2003
Business
Miyaji Engineering Group, Inc. (3431.T) operates as a holding company that manages subsidiaries engaged in bridge construction, civil engineering, and steel structure activities primarily in Japan. The Company oversees design, diagnosis and inspection, manufacture, erection, maintenance, repair, and reinforcement of bridges, steel frameworks, and other steel structures; prestressed concrete construction; production and installation of coastal structures including immersed tube tunnels and caissons; earthquake-proof and seismic isolation works for large buildings, steel towers, chimneys, and factory facilities; sales of fiber-reinforced plastic structures, bolts, and welding materials; solar power generation; and temporary staffing services. Its key subsidiaries include MIYAJI ENGINEERING CO., LTD., which handles bridge and steel structure projects with facilities such as Chiba Works and equipment centers in Kurihashi, Hyogo, and Nasu; and MM BRIDGE CO., LTD., focused on marine steel structures and civil engineering with operations including Ichihara Works and Hiroshima Equipment Center. Headquartered at 9-19 Nihonbashi-Tomizawacho, Chuo-ku, Tokyo, the Company was founded in 1908 through its predecessor MIYAJI IRON WORKS CO., LTD. and established in its current form in 2003. Geographically, it maintains sales offices and branches across Japan, including in Sapporo, Sendai, Tokyo, Nagoya, Fukuoka, Nagasaki, and Okinawa, serving public sector clients such as the Ministry of Land, Infrastructure, Transport and Tourism and expressway operators. Recent developments include investments in DX technologies like CIM systems for girder bridges and floor slabs registered in NETIS; capital expenditures for relocating and expanding the Hyogo Equipment Center, upgrading Kurihashi Equipment Center facilities, and new painting equipment at Chiba Works; establishment of the Sustainability Promotion Committee in fiscal 2023 to address materialities, KPIs, and climate risks including Scope 3 GHG emissions; announcement of a 2024 Medium-Term Business Plan emphasizing technological innovation and M&A for growth; and enhanced shareholder returns through a raised total return ratio target to 60% and increased dividends to ¥192 per share for fiscal year ended March 31, 2024.