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Revision to earnings forecasts1720TOKYU CONSTRUCTION CO., LTD.Construction and Materials

Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

The full-year consolidated and non-consolidated earnings forecasts for the fiscal year ending March 2027 have been revised upward. Revenue is unchanged, while operating income, ordinary income and net income have been increased.

Worth reading
70In focus
Scored from 4 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
1500
¥ million
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Full yearPrevious forecast published 8 May 2026
Net Sales334,000→334,000million
0.0%
Operating profit16,500→18,000million
+9.1%
Ordinary income16,800→18,300million
+8.9%
Profit attributable to owners of the parent11,000→12,100million
+10.0%
Net income per share103.51→113.78yen/sen
+9.9%

The 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.

Reason for the revision

Gross profit on completed construction contracts is expected to increase as profitability improves on some domestic civil engineering and domestic building projects. Although tax expenses are expected to increase, net income is expected to exceed the previous forecast. The consolidated earnings forecast has been revised for the same reasons as the non-consolidated earnings forecast.

Details and amount of extraordinary loss

Impairment loss: ¥0 million; total extraordinary losses: ¥0 million (interim consolidated accounting period)

Previous-period resultsRevenue: ¥341,181 million; operating income: ¥16,306 million; ordinary income: ¥17,552 million; net income attributable to owners of the parent: ¥13,390 million; basic earnings per share: ¥126.18
Dividend forecast revisionNo revision
Consolidated / non-consolidatedConsolidated/non-consolidated
Revised forecast
ItemDetails
Net Sales¥334,000 million → ¥334,000 million
Operating profit¥16,500 million → ¥18,000 million(+9.1%)
Ordinary income¥16,800 million → ¥18,300 million(+8.9%)
Profit attributable to owners of the parent¥11,000 million → ¥12,100 million(+10.0%)
Net income per share103.51 yen/sen → 113.78 yen/sen
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredFull year
Publication date of previous forecast8 May 2026
Previous-period resultsRevenue: ¥341,181 million; operating income: ¥16,306 million; ordinary income: ¥17,552 million; net income attributable to owners of the parent: ¥13,390 million; basic earnings per share: ¥126.18
Reason for the revisionGross profit on completed construction contracts is expected to increase as profitability improves on some domestic civil engineering and domestic building projects. Although tax expenses are expected to increase, net income is expected to exceed the previous forecast. The consolidated earnings forecast has been revised for the same reasons as the non-consolidated earnings forecast.
Details and amount of extraordinary lossImpairment loss: ¥0 million; total extraordinary losses: ¥0 million (interim consolidated accounting period)
Dividend forecast revisionNo revision
Consolidated / non-consolidatedConsolidated/non-consolidated

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

This is because profitability is expected to improve on some domestic civil engineering and domestic building projects, resulting in higher gross profit on completed construction contracts. Although tax expenses are expected to increase, net income is also expected to exceed the previous forecast.

How to read this page

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.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | TOKYU CONSTRUCTION CO., LTD. (1720) timely disclosure | Komori