Updated Mar 23, 2026 by Takamatsu Construction Group Co.
Takamatsu Construction Group reported net sales of 114,311 million yen for the first half of fiscal year 2019, a 2.0% increase representing seven consecutive years of first-half growth.
Operating income fell 34.2% to 3,564 million yen and net earnings dropped 30.5% to 1,954 million yen, driven by a decline in high-margin projects and rising administrative expenses from hiring and subsidiary integration.
The real estate segment was a primary growth driver, achieving a 79.8% increase in sales and a 141.6% surge in operating profit.
Architecture segment orders rose 31.1%, though segment-wide net sales and operating profit declined during the period.
Civil engineering orders decreased by 18.2%, despite a 5.7% increase in net sales for the segment.
The company expanded its corporate structure through the acquisition of Mibu Corporation and the establishment of Takamatsu Construction Group USA, Inc. as part of its 'TRY! NEXT CENTURY 2020' mid-term plan.
Management maintained its full-year forecast of 268,000 million yen in net sales and 15,000 million yen in operating income, supported by an equity ratio of 56.5% as of September 30, 2018.
Takamatsu Construction Group reported net sales of 114,311 million yen for the first half of fiscal year 2019, a 2.0% increase representing seven consecutive years of first-half growth.
Operating income fell 34.2% to 3,564 million yen and net earnings dropped 30.5% to 1,954 million yen, driven by a decline in high-margin projects and rising administrative expenses from hiring and subsidiary integration.
The real estate segment was a primary growth driver, achieving a 79.8% increase in sales and a 141.6% surge in operating profit.
Architecture segment orders rose 31.1%, though segment-wide net sales and operating profit declined during the period.
Civil engineering orders decreased by 18.2%, despite a 5.7% increase in net sales for the segment.
The company expanded its corporate structure through the acquisition of Mibu Corporation and the establishment of Takamatsu Construction Group USA, Inc. as part of its 'TRY! NEXT CENTURY 2020' mid-term plan.
Management maintained its full-year forecast of 268,000 million yen in net sales and 15,000 million yen in operating income, supported by an equity ratio of 56.5% as of September 30, 2018.