Nittoc Construction Co., Ltd. logo

Nittoc Construction Co., Ltd.

1929.T

JPXIndustrialsEngineering & Construction

Latest quote

¥1,182

+¥10.00 · +0.85%

Aug 24, 1:21 PM JST

1929.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Nittoc Construction Co., Ltd. is a specialized Japanese construction firm focusing on critical infrastructure projects and environmental preservation. The company's expertise lies in disaster mitigation and ecological conservation, deploying solutions such as re-vegetation, temporary ground anchoring, fortifying river and coastal embankments, comprehensive slope and landslide prevention, rockfall protection, constructing retaining walls, and conducting thorough structural diagnostics. Additionally, Nittoc contributes significantly to urban revitalization through services that include advanced ground improvement, piling installations, foundation reinforcement, sustainable industrial waste recycling, implementing anti-liquefaction measures, and preparing foundations for waste disposal sites. Its service portfolio extends to the maintenance and rehabilitation of existing infrastructure, encompassing slope stabilization, detailed diagnosis and assessment of concrete structures, upgrading concrete infrastructure, diagnostic evaluations of rock slopes, reinforcing aging structures, and carrying out essential repairs and structural enhancements. Beyond these core specializations, Nittoc offers a wide array of general civil engineering services, construction consulting, precise grouting techniques, specialized applied engineering, and advanced tunneling methods such as shield and pipe jacking. Their capabilities are rounded out by comprehensive surveying, geological investigations, and engineering design. Founded in 1947, Nittoc Construction Co., Ltd. is headquartered in Tokyo, Japan, and operates as a subsidiary of AN Holdings Corp.

Industry
Engineering & Construction
Sector
Industrials
Headquarters
JP
CEO
Naoto Kami
Listed since
Jan 1, 2001
Employees
1,206

Market position

Day range

Current ¥1,182

52-week range

Current ¥1,182

Open
¥1,175
Previous close
¥1,172
Volume
51.6K
0.56× average
Average volume
92.46K
Average daily volume
Market cap
49.37B JPY
Beta
0.29
Market reference 1
50-day average
¥1,127.52
+4.83% above average
200-day average
¥1,224.37
-3.46% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
34.37B JPY
P/E (TTM)
11.56×
P/B (TTM)
1.33×
P/S (TTM)
0.58×
EV / EBITDA
4.87×
Earnings yield
8.08%
Free cash flow yield
4.29%
Dividend yield
4.15%

Profitability & efficiency

Gross margin
18.86%
Operating margin
7.16%
Net margin
5.02%
Return on equity
11.05%
Return on assets
6.68%
Return on invested capital
9.67%

Financial health

Debt / equity
0.01×
Current ratio
2.22×
Altman Z-score
4.2
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends20%14%8%2%Gross margin, FY2021: 18.37%Gross margin, FY2022: 18.77%Gross margin, FY2023: 17.68%Gross margin, FY2024: 18.69%Gross margin, FY2025: 18.92%Operating margin, FY2021: 6.85%Operating margin, FY2022: 7.48%Operating margin, FY2023: 6.06%Operating margin, FY2024: 5.47%Operating margin, FY2025: 6.95%Net margin, FY2021: 5.04%Net margin, FY2022: 4.84%Net margin, FY2023: 4.26%Net margin, FY2024: 3.58%Net margin, FY2025: 4.97%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 18.37%. Gross margin FY2022 18.77%. Gross margin FY2023 17.68%. Gross margin FY2024 18.69%. Gross margin FY2025 18.92%. Operating margin FY2021 6.85%. Operating margin FY2022 7.48%. Operating margin FY2023 6.06%. Operating margin FY2024 5.47%. Operating margin FY2025 6.95%. Net margin FY2021 5.04%. Net margin FY2022 4.84%. Net margin FY2023 4.26%. Net margin FY2024 3.58%. Net margin FY2025 4.97%.

Income trends

Revenue

83.8B JPY+24.67%

Operating income

5.83B JPY+58.37%

Net income

4.17B JPY+73.01%
Income trends across reported periods91.94B JPY59.38B JPY26.82B JPY−5.73B JPYRevenue, FY2021: 66.08B JPYRevenue, FY2022: 72.92B JPYRevenue, FY2023: 71.88B JPYRevenue, FY2024: 67.22B JPYRevenue, FY2025: 83.8B JPYOperating income, FY2021: 4.52B JPYOperating income, FY2022: 5.45B JPYOperating income, FY2023: 4.36B JPYOperating income, FY2024: 3.68B JPYOperating income, FY2025: 5.83B JPYNet income, FY2021: 3.33B JPYNet income, FY2022: 3.53B JPYNet income, FY2023: 3.07B JPYNet income, FY2024: 2.41B JPYNet income, FY2025: 4.17B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 66.08B JPY. Revenue FY2022 72.92B JPY. Revenue FY2023 71.88B JPY. Revenue FY2024 67.22B JPY. Revenue FY2025 83.8B JPY. Operating income FY2021 4.52B JPY. Operating income FY2022 5.45B JPY. Operating income FY2023 4.36B JPY. Operating income FY2024 3.68B JPY. Operating income FY2025 5.83B JPY. Net income FY2021 3.33B JPY. Net income FY2022 3.53B JPY. Net income FY2023 3.07B JPY. Net income FY2024 2.41B JPY. Net income FY2025 4.17B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue83.8B JPY67.22B JPY71.88B JPY72.92B JPY66.08B JPY
Cost of goods sold67.95B JPY54.65B JPY59.17B JPY59.23B JPY53.94B JPY
Gross profit15.85B JPY12.56B JPY12.71B JPY13.69B JPY12.14B JPY
Research and development454M JPY527M JPY387M JPY391M JPY
Selling, general, and administrative10.02B JPY8.43B JPY7.82B JPY7.85B JPY7.22B JPY
Operating expenses10.02B JPY8.88B JPY8.35B JPY8.23B JPY7.61B JPY
Interest income6M JPY3M JPY10M JPY6M JPY7M JPY
Interest expense21M JPY12M JPY24M JPY62M JPY10M JPY
Depreciation and amortization1.07B JPY868M JPY781M JPY583M JPY507M JPY
Operating income5.83B JPY3.68B JPY4.36B JPY5.45B JPY4.52B JPY
Net income4.17B JPY2.41B JPY3.07B JPY3.53B JPY3.33B JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
11.16

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates47.4133.6319.856.07Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 8, 2024: actual 7.14, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 7, 2025: actual 31.41, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 9, 2025: actual 21.11, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 8, 2025: actual 8.68, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 10, 2025: actual 19.64, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 9, 2026: actual 44.43, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 11, 2026: actual 27, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 7, 2026: actual 11.16, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates24.48B20.67B16.86B13.05BQ1 '25No estimateQ2 '25BeatQ3 '25No estimateQ4 '25No estimateQ1 '26No estimateQ2 '26No estimateQ3 '26MetQ4 '26Estimate
Q1 2025, reported Feb 7, 2025: actual 19.72B JPY, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 9, 2025: actual 17.46B JPY, estimate 13.99B JPY, surprise +24.77%, Beat. Q3 2025, reported Aug 8, 2025: actual 17.3B JPY, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 10, 2025: actual 20.37B JPY, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 9, 2026: actual 23.54B JPY, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 11, 2026: actual 22.6B JPY, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 7, 2026: actual 18.53B JPY, estimate 18.53B JPY, surprise 0.00%, Met estimate. Q4 2026, reported Oct 30, 2026: actual —, estimate 18.55B JPY, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

¥48.00

2025 complete year+84.6% since 2021

2026 partial: ¥27.00

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 29, 2026

¥22.00

Semi-Annual

Record Sep 30, 2026 · Payment Sep 29, 2026

DividendUpcoming

Ex-dividend Mar 30, 2027

¥28.00

Semi-Annual

Record Mar 31, 2027 · Payment Mar 30, 2027

Dividend

Ex-dividend Mar 30, 2026

¥27.00

Semi-Annual

Record Mar 31, 2026 · Payment Jun 25, 2026

Dividend

Ex-dividend Sep 29, 2025

¥22.00

Semi-Annual

Record Sep 30, 2025 · Payment Nov 28, 2025

Dividend

Ex-dividend Mar 28, 2025

¥26.00

Semi-Annual

Record Mar 31, 2025 · Payment Jun 24, 2025

Dividend

Ex-dividend Sep 27, 2024

¥22.00

Semi-Annual

Record Sep 30, 2024 · Payment Nov 29, 2024

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