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Obayashi Corp
TSE:1802

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Obayashi Corp
TSE:1802
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Price: 4 290 JPY 8.11%
Market Cap: ¥3T

Net Margin

6.6%
Current
Improving
by 2.3%
vs 3-y average of 4.3%

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
6.6%
=
Net Income
¥168.9B
/
Revenue
¥2.5T

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
6.6%
=
Net Income
¥168.9B
/
Revenue
¥2.5T

Peer Comparison

Country Company Market Cap Net
Margin
JP
Obayashi Corp
TSE:1802
3T JPY
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FR
Vinci SA
PAR:DG
74.2B EUR
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US
Quanta Services Inc
NYSE:PWR
75.6B USD
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IN
Larsen & Toubro Ltd
NSE:LT
5.7T INR
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IN
Larsen and Toubro Ltd
F:LTO
52B EUR
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NL
Ferrovial SE
AEX:FER
43.4B EUR
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ES
Ferrovial SA
MAD:FER
43.4B EUR
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US
Comfort Systems USA Inc
NYSE:FIX
43.3B USD
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US
EMCOR Group Inc
NYSE:EME
34B USD
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DE
Hochtief AG
XETRA:HOT
27.6B EUR
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CN
China State Construction Engineering Corp Ltd
SSE:601668
211.1B CNY
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Market Distribution

In line with most companies in Japan
Percentile
59th
Based on 6 917 companies
59th percentile
6.6%
Low
-122 700% — 2.9%
Typical Range
2.9% — 8.5%
High
8.5% — 63 031.4%
Distribution Statistics
Japan
Min -122 700%
30th Percentile 2.9%
Median 5.4%
70th Percentile 8.5%
Max 63 031.4%

Obayashi Corp
Glance View

Market Cap
3T JPY
Industry
Construction

Obayashi Corporation, with its roots tracing back to the late 19th century, stands as a formidable entity in the global construction industry. Established in 1892 in Osaka, Japan, the company has evolved from a modest construction firm into a diversified multinational conglomerate. Central to Obayashi’s operations is an unwavering focus on large-scale infrastructure projects, including skyscrapers, bridges, and tunnels. Tokyo’s iconic Skytree Tower, one of its remarkable achievements, underscores the company’s prowess in constructing structurally complex and highly technical projects. In addition to its construction expertise, Obayashi has ventured into various sectors such as real estate development, urban planning, and environmental technology. These subsidiaries complement its primary construction business, creating a diversified portfolio that mitigates risk and exploits opportunities in different market conditions. The company generates its revenue primarily through construction contracts, wherein it collaborates with clients across the public and private sectors. Typically, Obayashi takes on a project’s entire lifecycle, starting from design and planning to construction and maintenance. The firm’s strategic focus on innovation and sustainability sets it apart, with R&D investments yielding cutting-edge construction methods and eco-friendly building technologies. This emphasis on sustainability aligns with Obayashi's long-term vision and commitment to environmental stewardship. Moreover, its involvement in public-private partnership projects allows for additional revenue streams, as the company not only participates as a contractor but also occasionally as a project investor. This comprehensive approach has ensured Obayashi’s steady growth and solid reputation within the industry, making it a key player on the global stage.

Intrinsic Value
2 410.33 JPY
Overvaluation 44%
Intrinsic Value
Price
What is Net Margin?
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
How is Net Margin calculated?

Net Margin is calculated by dividing the Net Income by the Revenue.

Net Margin
6.6%
=
Net Income
¥168.9B
/
Revenue
¥2.5T
What is Obayashi Corp's current Net Margin?

The current Net Margin for Obayashi Corp is 6.6%, which is above its 3-year median of 4.3%.

How has Net Margin changed over time?

Over the last 3 years, Obayashi Corp’s Net Margin has increased from 3% to 6.6%. During this period, it reached a low of 2.9% on Dec 31, 2022 and a high of 6.6% on Sep 30, 2025.

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