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Mid-tier Japanese general contractor known for tunnel engineering expertise alongside general building construction.
Mid-tier Japanese general contractor known for tunnel engineering expertise alongside general building construction.
Books revenue as work progresses on fixed-price contracts, won by bidding for public works or negotiated with private owners, so profit hangs on controlling materials and labour costs after the price is set. Public-sector work gives steadier volume than private building, which swings with corporate investment.
In one line: A mid-tier Japanese general contractor with tunneling specialty.
Moat: narrow (process know-how). Specialized tunnel-engineering track record among Japan's general contractors.
Headquarters: Osaka, Japan · Founded: 1907 · Employees: 2,586
Size Okumura (1833.T) is a Japan Consumer Discretionary company (Homebuilding) with a market value of $1.19B, the 664th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥5,100 on 6 Nov 2026.
Performance Over six months the shares fell 17.1%, against -11.2% for the median peer and +1.8% for the Japan market (cap-weighted) — 7th lowest of 21 in its peer set.
Growth Revenue grew 0.4% over the last twelve months (peer median +7.3%); the operating margin is 4.8% (peer median 5.4%).
Valuation It trades at 0.8× enterprise value to sales against a peer median of 1.2× (6th cheapest of 21).
Capital Return on invested capital runs 0.7 points below its cost of capital (5.0% WACC).
Next results Next results expected around 11 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥303B | ¥307B | ¥298B | ¥288B | ¥249B |
| Revenue growth | — | +3% | +3% | +16% | — |
| Gross profit | ¥37.7B | ¥38.7B | ¥31.7B | ¥35.2B | ¥32.0B |
| EBITDA | ¥17.7B | ¥19.1B | ¥13.9B | ¥18.1B | ¥14.2B |
| Net income | ¥18.1B | ¥18.4B | ¥2.72B | ¥12.5B | ¥11.3B |
| Free cash flow | n/a | -¥5.97B | -¥18.5B | -¥20.1B | ¥13.8B |
| Capital expenditure | n/a | ¥13.6B | ¥6.63B | ¥2.99B | ¥4.11B |
| Total debt | ¥65.6B | ¥68.6B | ¥69.0B | ¥44.2B | ¥39.8B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Okumura 1833.T | $1.19B | -17% | 0% | 5% | 0.8× | n/a |
| Kumagai Gumi 1861.T | $1.30B | -20% | -4% | 6% | 0.4× | -9.2% |
| Toda 1860.T | $2.58B | -3% | +10% | 6% | 0.8× | -0.8% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 1833.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -4.3% | +0.1% | 5th lowest of 21 |
| 6-month return | -17.1% | -11.2% | 7th lowest of 21 |
| Distance from 52-week high | -31.9% | -28.5% | 7th lowest of 21 |
| Revenue growth (TTM) | +0.4% | +7.3% | 10th lowest of 21 |
| Operating margin | 4.8% | 5.4% | 10th lowest of 21 |
| EV / Sales | 0.8× | 1.2× | 6th cheapest of 21 |
| ROIC minus cost of capital | -0.7 pp | -0.0 pp | 11th highest of 21 |
| EV / EBITDA | 13.2× | 10.1× | 3rd most expensive of 9 |
| Net debt / EBITDA | 2.8× | 3.4× | 6th least indebted of 13 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Okumura 1833.T | Japan | $1.19B | -17% | 0% | 5% | 0.8× | n/a | n/a |
| CEVIA Enviro 000885.SZ | China | $1.16B | -14% | -2% | 27% | 3.6× | -8.3% | +14.0% |
| JSL Construction & Development 2540.TW | Taiwan | $1.25B | -14% | -35% | 3% | 8.6× | n/a | n/a |
| Vistry VTY.L | United Kingdom | $1.12B | -19% | -8% | -9% | 0.4× | n/a | n/a |
| Dream Finders Homes DFH | United States | $1.12B | -13% | -11% | 3% | 0.7× | n/a | n/a |
| Nishimatsu Construction 1820.T | Japan | $1.28B | -11% | +14% | 8% | 0.9× | n/a | n/a |
| LGI Homes LGIH | United States | $1.06B | -2% | -2% | 4% | 1.4× | 18.3% | -6.4% |
| Black Diamond BDI.TO | Canada | $1.02B | +25% | +26% | 12% | 3.2× | n/a | n/a |
| Gemdale 600383.SS | China | $1.45B | -26% | -47% | -24% | 3.2× | 10.8% | -15.6% |
| Huaku Development 2548.TW | Taiwan | $928M | -21% | +331% | 22% | 1.4× | -18.6% | +10.0% |
| Century Communities CCS | United States | $1.56B | 0% | -7% | 2% | 0.9× | n/a | n/a |
| Dexterra DXT.TO | Canada | $876M | +59% | +9% | 6% | 1.3× | 5.1% | +17.2% |
| Shanghai Tongji Science & Technology Industrial 600846.SS | China | $870M | -27% | +51% | 3% | 1.0× | 7.8% | -6.8% |
| Run Long Construction 1808.TW | Taiwan | $844M | +10% | +741% | 25% | 2.5× | -12.0% | -3.2% |
| Katitas 8919.T | Japan | $1.69B | +11% | +20% | 12% | 1.8× | n/a | n/a |
| Tokyu Construction 1720.T | Japan | $774M | -21% | +11% | 5% | 0.2× | -13.6% | +8.1% |
| Chongqing Construction Engineering 600939.SS | China | $773M | -11% | -28% | -4% | 1.1× | -7.9% | -16.8% |
| Takamatsu Construction 1762.T | Japan | $769M | +16% | +6% | 6% | 0.3× | n/a | n/a |
| GS Engineering & Construction 006360.KS | South Korea | $1.86B | -22% | -15% | 3% | 0.2× | -9.8% | +4.2% |
| Cairn Homes CRN.L | United Kingdom | $1.92B | +18% | +44% | 18% | 1.7× | -0.7% | +28.6% |
| Cathay Real Estate Development 2501.TW | Taiwan | $719M | -9% | +14% | 19% | 0.8× | -20.7% | +11.7% |