Revised forecast
Fiscal year ending January 2027 · Full yearPrevious forecast published 12 March 2026The 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.
The forecasts for operating income and ordinary income were unchanged from the previously announced forecasts because the progress of large-scale construction projects expected to contribute in the second half was reassessed more conservatively. Meanwhile, net income attributable to owners of the parent was revised to reflect the recognition of one-off factors, including the impairment loss on investment securities.
Impairment loss on investment securities: ¥499 million
| Item | Details |
|---|---|
| Net Sales | 13,000 million yen → 13,000 million yen |
| Operating profit | 1,000 million yen → 1,000 million yen |
| Ordinary income | 1,020 million yen → 1,020 million yen |
| Profit attributable to owners of the parent | 700 million yen → 530 million yen（-24.3%） |
| Net income per share | 79 yen → 59.81 yen |
| Fiscal Period Covered | Fiscal year ending January 2027 |
| Period Covered | Full year |
| Publication date of previous forecast | 12 March 2026 |
| Previous-period results | Net sales ¥11,140 million, operating income ¥741 million, ordinary income ¥763 million, net income attributable to owners of the parent ¥732 million, and basic earnings per share ¥81.35 (fiscal year ending January 2026) |
| Reason for the revision | The forecasts for operating income and ordinary income were unchanged from the previously announced forecasts because the progress of large-scale construction projects expected to contribute in the second half was reassessed more conservatively. Meanwhile, net income attributable to owners of the parent was revised to reflect the recognition of one-off factors, including the impairment loss on investment securities. |
| Details and amount of extraordinary loss | Impairment loss on investment securities: ¥499 million |
| Dividend forecast revision | No revision (unchanged from the forecast announced on 12 March 2026) |
| Consolidated / non-consolidated | Consolidated |
The reasons the company gives
The company's own explanation, not something inferred from the numbers.During the interim period, profit margins improved as a result of promoting selective order acceptance and enhancing the estimation and cost-calculation framework, causing operating income and ordinary income to exceed forecasts. Although a gain of ¥313 million on the sale of cross-shareholdings was recognized, interim net income fell below forecast because an impairment loss of ¥499 million on investment securities was recognized. For the full year, the forecasts for operating income and ordinary income were unchanged because the progress of large-scale construction projects expected to contribute in the second half was reassessed more conservatively, while net income was reduced to reflect one-off factors including the impairment loss on investment securities.