Revised forecast
Fiscal year ending March 2026 · Full yearPrevious forecast published Earnings forecast: 6 February 2026; dividend forecast: 13 May 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.
Gross profit from completed construction contracts is expected to increase, mainly because the Company secured additional design changes for domestic civil engineering projects, resulting in operating profit and ordinary profit exceeding the previous forecasts. In addition, gains on the sale of investment securities are expected to increase following the sale of shares held by the Company, resulting in net income exceeding the previous forecast. The consolidated earnings forecast has been revised for the same reasons as the non-consolidated earnings forecast.
| Item | Details |
|---|---|
| Net Sales | ¥336,000 million → ¥341,000 million（+1.5%） |
| Operating profit | ¥13,700 million → ¥16,300 million（+19.0%） |
| Ordinary income | ¥14,800 million → ¥17,600 million（+18.9%） |
| Profit attributable to owners of the parent | ¥10,300 million → ¥13,400 million（+30.1%） |
| Net income per share | 96.95 yen and sen → 126.62 yen and sen |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | Earnings forecast: 6 February 2026; dividend forecast: 13 May 2025 |
| Previous-period results | Consolidated: revenue of ¥293,139 million, operating profit of ¥8,839 million, ordinary profit of ¥9,701 million, net income attributable to owners of the parent of ¥6,631 million, and earnings per share of ¥62.72. Non-consolidated: revenue of ¥263,945 million, operating profit of ¥6,770 million, ordinary profit of ¥6,911 million, net income of ¥3,896 million, and earnings per share of ¥36.85. |
| Reason for the revision | Gross profit from completed construction contracts is expected to increase, mainly because the Company secured additional design changes for domestic civil engineering projects, resulting in operating profit and ordinary profit exceeding the previous forecasts. In addition, gains on the sale of investment securities are expected to increase following the sale of shares held by the Company, resulting in net income exceeding the previous forecast. The consolidated earnings forecast has been revised for the same reasons as the non-consolidated earnings forecast. |
| Dividend forecast revision | The year-end dividend forecast has been increased by ¥1 per share to ¥21. The annual dividend is expected to be ¥40 per share, comprising an interim dividend of ¥19 and a year-end dividend of ¥21. |
| 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.Gross profit from completed construction contracts is expected to increase, mainly because the Company secured additional design changes for domestic civil engineering projects, resulting in upward revisions to operating profit and ordinary profit. In addition, gains on the sale of investment securities are expected to increase following the sale of shares held by the Company, resulting in an upward revision to net income. The dividend will be increased in accordance with the dividend policy, based on the expected increase in equity.