Industries›6 companies · latest full-year results
Industry focused on the integrated Engineering, Procurement, and Construction (EPC) of industrial facilities for energy and chemical production.
The 6 plant engineering companies we cover had combined revenue of ¥6.0T (+6.0% year over year) and operating profit of ¥540.4B, an industry-wide operating margin of 9.0%.
MODEC leads on revenue (¥4.6T, a 76.7% share), and the top three hold 93% of industry sales. 5 grew both revenue and operating profit; 0 saw both fall.
Sanki Engineering has the highest operating margin (11.0%); average pay across the industry is ¥9.64M, highest at Sanki Engineering (¥12.3M).
Industry total
Plant Engineering · 6 companies
YoY compares companies with prior-year figures
StockShares are +9.8% over a year, behind the all-industry average (+14.9%) — #33 of 53 industries. Over the last month: −7.4%, −4.7pt against the market.Details
GuidanceCompany plans for FY2027 (6 companies combined): revenue −0.1%, operating profit +6.5%. Planned profit growth is below the all-industry plan (+13.0%).Details
Revisions2 raised and 0 cut this year's forecast. The biggest revision: Mitsubishi Kakoki (operating profit +8.0%).Details
Latest resultsYear to date through Q1, 4 companies combined: revenue −3.3%, operating profit +85.9% year over year. 1 are ahead of an even pace toward their full-year plan, 4 behind.Details
Disclosures2 TSE filings in the last 90 days (dividends 1, guidance revisions 1).Details
Earnings dates4 companies report within 30 days, starting with MODEC on Nov 10 and JGC on Nov 11.Details
None
| Company | Op. profit (last FY) | This year's plan | Plan change | Revision | Progress (Q1 cumulative) |
|---|---|---|---|---|---|
| ¥437.6B | ¥460.0B | +5.1% | - | - |
| ¥35.4B | ¥40.0B | +13.0% | Unchanged | 31% |
| ¥28.0B | ¥31.0B | +10.7% | Up +5.1% | 15% |
| ¥15.4B | ¥17.8B | +15.5% | Unchanged | 18% |
| ¥14.8B | ¥17.4B | +17.3% | Unchanged | 20% |
| ¥9.2B | ¥9.5B | +3.5% | Up +8.0% | 41% |
Plans are each company's forecast for the current year from its earnings release. Plan change compares with last year's results; revisions compare the latest forecast with the first one given for the year. Progress is cumulative operating profit ÷ the full-year plan, against an even pace of 25% after Q1, 50% after Q2 and 75% after Q3 (a rough guide for seasonal businesses).
| Change | 1M | 3M | 1Y |
|---|---|---|---|
| Plant Engineering | −7.4% | −8.5% | +9.8% |
| All industries | −2.7% | −0.9% | +14.9% |
| vs. market | −4.7pt | −7.6pt | −5.2pt |
Rank among industries:3M #49/531Y #33/53
Industry returns are an equal-weighted (geometric) average of member companies. Prices are split-adjusted closes for reference, not real-time.
Average salary is the reporting entity's figure (often a holding company) from its annual securities report. Holding companies with fewer than 50 staff are excluded.
| Company | Revenue | YoY | Operating profit | Margin | Share | Average salary | Average age | Employees |
|---|---|---|---|---|---|---|---|---|
| 1 | ¥4.6T | +9.4% | ¥437.6B | 9.6% | 76.7% | ¥10.6M | 41.4 | 195 |
| 2 | ¥745.3B | −13.1% | ¥35.4B | 4.7% | 12.5% | ¥9.31M | 43.7 | 248 |
| 3 | ¥254.7B | +0.6% | ¥28.0B | 11.0% | 4.3% | ¥12.3M | 42.5 | 2,128 |
| 4 | ¥165.6B | +9.6% | ¥15.4B | 9.3% | 2.8% | ¥9.17M | 42.2 | 1,117 |
| 5 | ¥141.7B | +12.7% | ¥14.8B | 10.5% | 2.4% | ¥7.88M | 43.0 | 1,525 |
| 6 | ¥84.2B | +42.3% | ¥9.2B | 10.9% | 1.4% | ¥8.59M | 46.5 | 699 |
| Industry total / average | ¥6.0T | +6.0% | ¥540.4B | 9.0% | 100% | ¥9.64M | 43.2 | 5,912 |
Revenue and operating profit are from each company's latest full-year results. Green margins are at or above the industry margin. Financial institutions may not report operating profit.
