Revised forecast
Fiscal year ending May 2026 · Full yearPrevious forecast published 15 July 2025The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.
Although construction revenue from completed projects is progressing steadily in the construction business, the number of sales of sites for business use fell below expectations in the real estate business as the company focused on high-margin transactions, and real estate revenue is expected to fall below the previously announced figure. In the construction business, negotiations to improve project profitability have produced results, while in the real estate business, high-margin transactions have continued to be concluded, and profit is expected to exceed the previously announced figure.
| Item | Details |
|---|---|
| Net Sales | 40,000 Millions of yen → 36,300 Millions of yen（-9.3%） |
| Operating profit | 2,800 Millions of yen → 2,900 Millions of yen（+3.6%） |
| Ordinary income | 2,530 Millions of yen → 2,700 Millions of yen（+6.7%） |
| Profit attributable to owners of the parent | 1,750 Millions of yen → 1,840 Millions of yen（+5.2%） |
| Net income per share | 146.42 yen → 153.39 yen |
| Fiscal Period Covered | Fiscal year ending May 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 15 July 2025 |
| Previous-period results | Revenue: ¥43,194 million; operating profit: ¥2,579 million; ordinary profit: ¥2,478 million; profit attributable to owners of parent: ¥1,669 million; earnings per share: ¥139.74 (fiscal year ended May 2025) |
| Reason for the revision | Although construction revenue from completed projects is progressing steadily in the construction business, the number of sales of sites for business use fell below expectations in the real estate business as the company focused on high-margin transactions, and real estate revenue is expected to fall below the previously announced figure. In the construction business, negotiations to improve project profitability have produced results, while in the real estate business, high-margin transactions have continued to be concluded, and profit is expected to exceed the previously announced figure. |
| Dividend forecast revision | The year-end dividend forecast for the fiscal year ending May 2026 has been increased by ¥2 per share, from ¥44 to ¥46. The full-year dividend forecast has also been increased from ¥44 to ¥46. |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (1)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.In the construction business, negotiations to improve project profitability have produced results, while in the real estate business, high-margin transactions have continued to be concluded, resulting in an upward outlook for profit. Meanwhile, as the real estate business focused on concluding high-margin transactions, the number of sales of sites for business use fell below expectations, resulting in a downward outlook for revenue.