PS Construction Co., Ltd. logo

PS Construction Co., Ltd.

1871.T

JPXIndustrialsEngineering & Construction

Latest quote

¥2,322

+¥6.00 · +0.26%

Aug 24, 3:30 PM JST

1871.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

PS Construction Co., Ltd., a subsidiary of Taisei Corporation based in Minato, Japan, engages in extensive civil engineering and architectural projects both domestically and internationally. Founded in 1952 as P.S. Mitsubishi Construction Co., Ltd., the company adopted its current name in June 2024. Its civil engineering division specializes in a diverse range of infrastructure, including various bridge designs such as precast segment, composite, corrugated steel web, composite truss, and long span arch structures, alongside marine construction, PC confined piers, and H-shaped PC pile installations. In the architectural realm, it focuses on prestressed, precast, and precast prestressed concrete solutions, supplying essential components like JIS girders, PC deck slabs, beams, columns, and floors. Furthermore, the company's operations extend to the design, manufacturing, sales, and leasing of machinery and equipment tailored for prestressed concrete and other construction applications. Other ventures include mineral extraction and related contracts, comprehensive real estate services (encompassing acquisition, sale, leasing, brokerage, ownership, and management), freight and storage services, and serving as an agency for liability, life, and auto insurance.

Industry
Engineering & Construction
Sector
Industrials
Headquarters
JP
CEO
Mitsuo Sakurabayashi
Listed since
Jan 1, 2001
Employees
1,624

Market position

Day range

Current ¥2,322

52-week range

Current ¥2,322

Open
¥2,324
Previous close
¥2,316
Volume
67.3K
0.6× average
Average volume
112.8K
Average daily volume
Market cap
108.71B JPY
Beta
0.62
Market reference 1
50-day average
¥2,246.88
+3.34% above average
200-day average
¥2,612.48
-11.12% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
145.08B JPY
P/E (TTM)
11.27×
P/B (TTM)
1.69×
P/S (TTM)
0.75×
EV / EBITDA
10.14×
Earnings yield
7.40%
Free cash flow yield
-14.81%
Dividend yield
5.17%

Profitability & efficiency

Gross margin
17.54%
Operating margin
9.23%
Net margin
6.61%
Return on equity
14.24%
Return on assets
6.55%
Return on invested capital
9.39%

Financial health

Debt / equity
0.41×
Current ratio
1.88×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends18%13%8%2%Gross margin, FY2021: 14.36%Gross margin, FY2022: 14.19%Gross margin, FY2023: 14.52%Gross margin, FY2024: 16.97%Gross margin, FY2025: 16.56%Operating margin, FY2021: 6.04%Operating margin, FY2022: 5.23%Operating margin, FY2023: 6.06%Operating margin, FY2024: 9.10%Operating margin, FY2025: 8.66%Net margin, FY2021: 4.14%Net margin, FY2022: 3.47%Net margin, FY2023: 3.91%Net margin, FY2024: 6.06%Net margin, FY2025: 6.24%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 14.36%. Gross margin FY2022 14.19%. Gross margin FY2023 14.52%. Gross margin FY2024 16.97%. Gross margin FY2025 16.56%. Operating margin FY2021 6.04%. Operating margin FY2022 5.23%. Operating margin FY2023 6.06%. Operating margin FY2024 9.10%. Operating margin FY2025 8.66%. Net margin FY2021 4.14%. Net margin FY2022 3.47%. Net margin FY2023 3.91%. Net margin FY2024 6.06%. Net margin FY2025 6.24%.

Income trends

Revenue

149.37B JPY+10.13%

Operating income

12.93B JPY+4.79%

Net income

9.33B JPY+13.52%
Income trends across reported periods163.93B JPY105.7B JPY47.46B JPY−10.77B JPYRevenue, FY2021: 109.64B JPYRevenue, FY2022: 109.33B JPYRevenue, FY2023: 129.29B JPYRevenue, FY2024: 135.63B JPYRevenue, FY2025: 149.37B JPYOperating income, FY2021: 6.62B JPYOperating income, FY2022: 5.72B JPYOperating income, FY2023: 7.83B JPYOperating income, FY2024: 12.34B JPYOperating income, FY2025: 12.93B JPYNet income, FY2021: 4.54B JPYNet income, FY2022: 3.79B JPYNet income, FY2023: 5.05B JPYNet income, FY2024: 8.22B JPYNet income, FY2025: 9.33B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 109.64B JPY. Revenue FY2022 109.33B JPY. Revenue FY2023 129.29B JPY. Revenue FY2024 135.63B JPY. Revenue FY2025 149.37B JPY. Operating income FY2021 6.62B JPY. Operating income FY2022 5.72B JPY. Operating income FY2023 7.83B JPY. Operating income FY2024 12.34B JPY. Operating income FY2025 12.93B JPY. Net income FY2021 4.54B JPY. Net income FY2022 3.79B JPY. Net income FY2023 5.05B JPY. Net income FY2024 8.22B JPY. Net income FY2025 9.33B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue149.37B JPY135.63B JPY129.29B JPY109.33B JPY109.64B JPY
Cost of goods sold124.64B JPY112.61B JPY110.53B JPY93.82B JPY93.89B JPY
Gross profit24.74B JPY23.01B JPY18.77B JPY15.51B JPY15.75B JPY
Research and development795M JPY821M JPY581M JPY625M JPY
Selling, general, and administrative11.8B JPY9.88B JPY10.12B JPY9.21B JPY8.5B JPY
Operating expenses11.8B JPY10.67B JPY10.94B JPY9.79B JPY9.13B JPY
Interest income30M JPY5M JPY1M JPY
Interest expense364M JPY238M JPY201M JPY180M JPY106M JPY
Depreciation and amortization1.13B JPY1.15B JPY1.13B JPY1.03B JPY813M JPY
Operating income12.93B JPY12.34B JPY7.83B JPY5.72B JPY6.62B JPY
Net income9.33B JPY8.22B JPY5.05B JPY3.79B JPY4.54B JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
37.43

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates90.4965.9741.4616.95Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 7, 2024: actual 46.1, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 7, 2025: actual 75.99, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 13, 2025: actual 19.94, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 8, 2025: actual 30.67, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 11, 2025: actual 62.6, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 6, 2026: actual 85.26, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 14, 2026: actual 20.8, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 6, 2026: actual 37.43, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates42.66B38.12B33.57B29.02BQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 7, 2024: actual 33.19B JPY, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 7, 2025: actual 38.07B JPY, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 13, 2025: actual 32.71B JPY, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 8, 2025: actual 34.12B JPY, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 11, 2025: actual 38.93B JPY, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 6, 2026: actual 41.02B JPY, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 14, 2026: actual 35.3B JPY, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 6, 2026: actual 30.67B JPY, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

¥90.00

2025 complete year+800.0% since 2005

2026 partial: ¥80.00

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 29, 2026

¥50.50

Semi-Annual

Record Sep 30, 2026 · Payment Sep 29, 2026

DividendUpcoming

Ex-dividend Mar 30, 2027

¥50.50

Semi-Annual

Record Mar 31, 2027 · Payment Mar 30, 2027

Dividend

Ex-dividend Mar 30, 2026

¥80.00

Semi-Annual

Record Mar 31, 2026 · Payment Jun 23, 2026

Dividend

Ex-dividend Sep 29, 2025

¥40.00

Semi-Annual

Record Sep 30, 2025 · Payment Dec 12, 2025

Dividend

Ex-dividend Mar 28, 2025

¥50.00

Semi-Annual

Record Mar 31, 2025 · Payment Jun 23, 2025

Dividend

Ex-dividend Sep 27, 2024

¥22.00

Semi-Annual

Record Sep 30, 2024 · Payment Dec 12, 2024

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