1888.T
1888.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. 1888.T operates in the construction and engineering industry, providing industrial and commercial services, and generates revenue primarily through project-based contracts and service delivery.
At a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- 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
Signals & dispatch
Composite-score breakdown
Synthesis
1888.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 cash and equivalents amounting to ¥13.22 billion, representing 14.4% of total assets. The liquidity FPT (free cash flow to total liabilities) is 4.04%, which is above the industry median of 2.8%. The current ratio of 1.86 indicates a solid short-term liquidity buffer, with current assets comfortably covering current liabilities.
Profitability metrics show a return on equity (ROE) of 7.64%, which is slightly below the industry median of 8.1%. The return on assets (ROA) of 4.02% is also below the median of 4.5%, suggesting that the company is underperforming in asset utilization efficiency. The net profit margin of 4.27% is in line with the industry median of 4.3%, indicating that the company is maintaining pricing power and cost control at a competitive level.
The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This lack of diversification increases exposure to regional economic fluctuations and regulatory changes. The absence of segmental or geographic breakdown in the financial data limits the ability to assess risk distribution.
Looking ahead, the company is projected to experience a 3.2% year-over-year revenue growth in the current fiscal year, with a 4.1% growth expected in the following year. This growth trajectory is slightly below the industry median of 4.5% for the current year and 5.0% for the next year. The company's capital expenditure of ¥1.32 billion is modest, suggesting a conservative approach to reinvestment and expansion.
The risk assessment indicates low liquidity and dilution risk, with no immediate filing-based flags detected. The debt-to-equity ratio of 0.26 is well below the industry median of 0.45, suggesting a conservative capital structure. The company has not issued any new shares in the past 12 months, and there are no indications of near-term dilution pressure.
Recent filings and transcripts do not reveal any material events or strategic shifts. The company's last actual EPS was ¥289.92, and the last actual revenue was ¥86.46 billion, both in line with analyst expectations. There are no disclosed regulatory investigations or major legal proceedings that could impact the company's operations.
- The company maintains a strong liquidity position with a current ratio of 1.86 and cash and equivalents of ¥13.22 billion.
- Profitability metrics, including ROE and ROA, are slightly below industry medians, indicating room for improvement in asset utilization.
- The company's revenue is concentrated in a single segment, increasing exposure to regional and sector-specific risks.
- The company is projected to grow revenue by 3.2% in the current fiscal year and 4.1% in the next, slightly below industry averages.
- The company has a conservative capital structure with a low debt-to-equity ratio and no immediate dilution or liquidity risks.
Bull / Bear case
analysis pipelineIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
Options
Short squeeze
Earnings-call key lines
Estimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- No immediate filing-based liquidity or dilution flags were detected.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- 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
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- 1888.T Market data — financials · 2026-05-26
- Wakachiku Construction Co Ltd Market data — analyst estimates · 2026-05-26