1810.T
1810.T operates in the construction and engineering industry, providing industrial and commercial services, and generates revenue primarily through project-based contracts and service delivery.
Business. 1810.T operates in the construction and engineering industry, providing industrial and commercial services, and generates revenue primarily through project-based contracts and service delivery.
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- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
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Composite-score breakdown
Synthesis
1810.T operates in the construction and engineering industry, providing industrial and commercial services, and generates revenue primarily through project-based contracts and service delivery.
The company maintains a strong liquidity position, with a current ratio of 1.79 and cash and equivalents amounting to ¥13.46 billion, which supports its operational flexibility and short-term obligations. The debt-to-equity ratio is low at 0.06, indicating a conservative capital structure with minimal reliance on debt financing. This conservative leverage is further supported by a low liquidity risk, as no immediate liquidity flags were detected in the risk assessment.
Profitability metrics show a return on equity (ROE) of 5.39% and a return on assets (ROA) of 3.37%, which are below the industry median for construction and engineering firms. The operating margin is 3.28% (¥3.25 billion operating income on ¥99.25 billion revenue), and the net margin is 2.75% (¥2.73 billion net income on ¥99.25 billion revenue), both of which are in line with the industry's average profitability but suggest limited room for margin expansion.
The company's revenue is concentrated in a single business segment, as disclosed in the financial snapshot, with no geographic breakdown provided. This lack of geographic diversification may expose the company to regional economic fluctuations, particularly in Japan, where it is headquartered.
Looking ahead, the company is projected to maintain a stable revenue trajectory, with no significant growth or decline expected in the next fiscal year. The capital expenditure of ¥785 million in the most recent period suggests a moderate investment in infrastructure and operational capacity, which is consistent with the industry's capital intensity.
Risk factors include a low dilution potential, with no immediate filing-based dilution flags detected. The company's shares outstanding remain unchanged between basic and diluted shares, indicating no near-term pressure from share issuance. However, the company's reliance on a single business segment and geographic concentration may pose operational and market risks in the event of sector-specific downturns or regional economic instability.
Recent events include the latest actual EPS of ¥94.32 and revenue of ¥99.25 billion, as reported in the most recent investor relations update. No significant new filings or transcripts were disclosed in the provided data, suggesting a stable and predictable earnings pattern.
- The company maintains a conservative capital structure with a low debt-to-equity ratio of 0.06 and strong liquidity.
- Profitability metrics are in line with industry norms but show limited margin expansion potential.
- Revenue is concentrated in a single business segment, with no geographic diversification disclosed.
- No immediate liquidity or dilution risks were detected, and the company's capital expenditure is moderate.
- The company's earnings pattern is stable, with no significant recent events reported.
- "margin_outlook_rationale": "The company's operating and net margins are in line with industry norms, suggesting stable profitability with limited expansion potential.",
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- No immediate filing-based liquidity or dilution flags were detected.
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- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Capex To Revenuecapital_expenditure / revenue
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- 1810.T Market data — financials · 2026-05-26
- Matsui Construction Co Ltd Market data — analyst estimates · 2026-05-26