1850.T
1850.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. 1850.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
1850.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 2.2, indicating that it has twice as many current assets as current liabilities, which is favorable compared to the industry median. Additionally, the company holds JPY 6.688 billion in cash and equivalents, contributing to its liquidity buffer. The debt-to-equity ratio is 0.04, suggesting a conservative capital structure with minimal reliance on debt financing.
In terms of profitability, the company's return on equity (ROE) is 10.62%, which is a strong indicator of efficient use of shareholders' equity to generate profits. The return on assets (ROA) is 5.97%, which is also a positive sign, showing that the company is effectively utilizing its assets to generate earnings. These metrics are in line with the industry's preferred metrics, indicating that the company is performing well relative to its peers.
The company's revenue is concentrated in the construction and engineering services segment, with no significant geographic diversification reported. The financial data does not provide a breakdown of revenue by geographic region, but the company's operations are likely centered in Japan given the JPY financial reporting.
The company's growth trajectory is positive, with a strong operating cash flow of JPY 8.445 billion and a free cash flow of JPY 1.995 billion. These figures suggest that the company is generating sufficient cash to support its operations and potentially fund future growth initiatives. The capital expenditure for the period was JPY 44 million, indicating a relatively low level of investment in new assets.
The risk assessment indicates a low level of liquidity and dilution risk. The company has no immediate filing-based liquidity or dilution flags, and the dilution potential is low. The conservative capital structure, with a low debt-to-equity ratio, further supports the low risk profile. The company has not made any recent significant filings or transcripts that would indicate a change in its risk profile.
- The company has a strong liquidity position with a current ratio of 2.2 and JPY 6.688 billion in cash and equivalents.
- The company's ROE of 10.62% and ROA of 5.97% indicate efficient use of equity and assets to generate profits.
- The company's capital structure is conservative, with a low debt-to-equity ratio of 0.04.
- The company has a low risk of liquidity and dilution, with no immediate filing-based flags detected.
- The company's growth is supported by a strong operating cash flow and a positive free cash flow.
- **margin_outlook_rationale**: The company's gross profit margin is expected to remain stable due to consistent project-based revenue and cost management.
- **rd_outlook_rationale**: Research and development is not a significant focus for the company, as it operates in a project-based industry with less emphasis on innovation.
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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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- 1850.T Market data — financials · 2026-05-26
- Nankai Tatsumura Construction Co Ltd Market data — analyst estimates · 2026-05-26