Revised forecast
Fiscal year ending March 2026 · Full yearPrevious forecast published 12 February 2026The bar length represents the relative magnitude of change, based on the item that changed the most in this document.
On a non-consolidated basis, construction projects are progressing generally as planned, and net sales are expected to slightly exceed the previous forecast. Gross profit on completed construction contracts is expected to increase mainly because of improved profitability in building construction, resulting in operating income and ordinary income exceeding the previous forecast. In addition, net income is expected to exceed the previous forecast because extraordinary income is expected from the sale of cross-shareholdings and other transactions. The consolidated revisions are mainly attributable to the revision of the non-consolidated earnings forecast.
| Item | Details |
|---|---|
| Net Sales | ¥435,000 million → ¥438,000 million（+0.7%） |
| Operating profit | ¥29,700 million → ¥32,000 million（+7.7%） |
| Ordinary income | ¥29,000 million → ¥31,400 million（+8.3%） |
| Profit attributable to owners of the parent | ¥20,300 million → ¥28,400 million（+39.9%） |
| Net income per share | ¥129.45 → ¥181.10 |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 12 February 2026 |
| Previous-period results | Consolidated: net sales ¥425,160 million, operating income ¥35,243 million, ordinary income ¥34,053 million, net income attributable to owners of the parent ¥26,444 million, and net income per share ¥168.75. Non-consolidated: net sales ¥399,926 million, operating income ¥33,973 million, ordinary income ¥33,141 million, net income ¥25,776 million, and net income per share ¥164.49. |
| Reason for the revision | On a non-consolidated basis, construction projects are progressing generally as planned, and net sales are expected to slightly exceed the previous forecast. Gross profit on completed construction contracts is expected to increase mainly because of improved profitability in building construction, resulting in operating income and ordinary income exceeding the previous forecast. In addition, net income is expected to exceed the previous forecast because extraordinary income is expected from the sale of cross-shareholdings and other transactions. The consolidated revisions are mainly attributable to the revision of the non-consolidated earnings forecast. |
| Dividend forecast revision | No revision (the dividend forecast will not be changed in connection with this revision to the earnings forecast) |
| Consolidated / non-consolidated | Consolidated/non-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.On a non-consolidated basis, the reasons are that construction projects are progressing generally as planned and net sales are expected to slightly exceed the previous forecast, gross profit on completed construction contracts is expected to increase mainly because of improved profitability in building construction, and extraordinary income is expected from the sale of cross-shareholdings. The consolidated revisions are mainly attributable to the revision of the non-consolidated earnings forecast.