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Revision of earnings forecasts1430First-corporation Inc.Construction and Materials

Summary of Consolidated Financial Results for the Fiscal Year Ending May 2026 [Japanese GAAP]

For the fiscal year ended May 2026, net sales decreased 15.7% year on year, while operating income, ordinary income, and net income attributable to owners of the parent all increased. For the fiscal year ending May 2027, the company expects higher sales and profits, with net sales of ¥44,000 million and operating income of ¥3,500 million, among other figures.

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Revised forecast

Fiscal year ending May 2027 · Full year
Net Sales—→44,000Millions of yen
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Operating profit—→3,500Millions of yen
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Ordinary income—→3,000Millions of yen
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Profit attributable to owners of the parent—→2,070Millions of yen
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Net income per share—→169.84yen
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The bar length represents the relative magnitude of change, based on the item that changed the most in this document.

Reason for the revision

No reason for revising the earnings forecast is provided. The outlook for the next fiscal year is based on a gradual economic recovery, firm housing demand, appropriate price pass-through, and strengthening the human resources base, among other factors.

Details and amount of extraordinary loss

No special losses were recorded for the current consolidated fiscal year (total special losses: —). In the previous consolidated fiscal year, the company recorded a ¥16.476 million loss on disposal of fixed assets.

Previous-period resultsFiscal year ended May 2026: net sales of ¥36,417 million, operating income of ¥2,896 million, ordinary income of ¥2,689 million, net income attributable to owners of the parent of ¥1,882 million, and earnings per share of ¥157.18
Dividend forecast revisionThe forecast for the fiscal year ending May 2027 is a year-end dividend of ¥51.00 per share and an annual dividend of ¥51.00 per share. No details of any increase, decrease, or unchanged status are provided.
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net SalesNot disclosed → 44,000 Millions of yen
Operating profitNot disclosed → 3,500 Millions of yen
Ordinary incomeNot disclosed → 3,000 Millions of yen
Profit attributable to owners of the parentNot disclosed → 2,070 Millions of yen
Net income per shareNot disclosed → 169.84 yen
Fiscal Period CoveredFiscal year ending May 2027
Period CoveredFull year
Previous-period resultsFiscal year ended May 2026: net sales of ¥36,417 million, operating income of ¥2,896 million, ordinary income of ¥2,689 million, net income attributable to owners of the parent of ¥1,882 million, and earnings per share of ¥157.18
Reason for the revisionNo reason for revising the earnings forecast is provided. The outlook for the next fiscal year is based on a gradual economic recovery, firm housing demand, appropriate price pass-through, and strengthening the human resources base, among other factors.
Details and amount of extraordinary lossNo special losses were recorded for the current consolidated fiscal year (total special losses: —). In the previous consolidated fiscal year, the company recorded a ¥16.476 million loss on disposal of fixed assets.
Dividend forecast revisionThe forecast for the fiscal year ending May 2027 is a year-end dividend of ¥51.00 per share and an annual dividend of ¥51.00 per share. No details of any increase, decrease, or unchanged status are provided.
Consolidated / non-consolidatedConsolidated
Items this document does not state (1)
Publication date of previous forecast

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.

For the fiscal year ended May 2026, the company cited the steady progress of ongoing construction projects in the construction business and higher-than-planned profit margins on sales of business-use land in the real estate business. For the fiscal year ending May 2027, the forecast assumes a recovery in corporate earnings and personal consumption, housing demand supported by tax incentives and low interest rates, appropriate price pass-through, and investment in human resources and real estate.

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This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Summary of Consolidated Financial Results for the Fiscal Year Ending May 2026 [Japanese GAAP] | First-corporation Inc. (1430) timely disclosure | Komori