S E Corp

S E Corporation maintains a relatively strong liquidity position, with cash and equivalents of ¥5,119,035,000 and a current ratio of 1.77, indicating the ability to cover short-term obligations. However, the company has a negative net cash position after subtracting total debt, which is a key liquidity flag. The debt-to-equity ratio of 0.49 suggests a moderate level of leverage, with long-term debt of ¥5,502,000,000 compared to total equity of ¥11,197,088,000. Profitability metrics show a return on equity (ROE) of 4.86% and a return on assets (ROA) of 2.14%, both below the typical thresholds for high-performing construction materials firms. The operating margin is 3.27% (¥846,717,000 / ¥25,887,450,000), and the net margin is 2.10% (¥543,833,000 / ¥25,887,450,000), indicating relatively low profitability compared to industry peers. The company operates in four segments, with revenue concentrated across construction materials, building materials, consulting, and repair services. No single segment dominates the revenue mix, but the Repair and Reinforcement Work segment likely contributes a significant portion due to the nature of the company’s core offerings. Geographically, the company is primarily focused on domestic operations, with no disclosed international revenue breakdown. Looking ahead, the company is expected to maintain stable revenue, with no significant growth or contraction projected in the next fiscal year. Capital expenditures are negative at ¥825,095,000, suggesting asset disposals or reduced investment in new projects. The company’s free cash flow is minimal at ¥58,753,000, which limits its ability to reinvest or return capital to shareholders. Risk factors include moderate liquidity risk due to the negative net cash position and a medium overall risk score. The company has a low dilution potential, with no recent share issuance or ATM/shelf registration activity reported. The risk assessment also highlights the need for continued monitoring of debt levels and cash flow generation. Recent filings and transcripts have not disclosed any major strategic shifts or operational disruptions. The company’s last actual revenue of ¥25,887,450,000 and EPS of ¥18.00 align with analyst expectations, suggesting stable performance in the most recent reporting period.