Revised forecast
Fiscal year ending March 2027 · Full yearPrevious forecast published 13 May 2026The bar length represents the relative magnitude of change, based on the item that changed the most in this document.
Orders received remained strong, mainly in the construction segment, while revenue remained strong, mainly in the real estate segment. Operating profit is expected to increase owing to higher revenue in the real estate segment, improved margins from selective order-taking in the construction segment, and the acquisition of design-change work, among other factors.
| Item | Details |
|---|---|
| Net Sales | ¥400,000 million → ¥410,000 million（+2.5%） |
| Operating profit | ¥20,000 million → ¥24,000 million（+20.0%） |
| Ordinary income | ¥19,500 million → ¥23,000 million（+17.9%） |
| Profit attributable to owners of the parent | ¥12,500 million → ¥15,000 million（+20.0%） |
| Net income per share | ¥359.00 → ¥430.81 |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Full year |
| Publication date of previous forecast | 13 May 2026 |
| Previous-period results | Revenue ¥357,675 million, operating profit ¥17,897 million, ordinary profit ¥17,512 million, net income attributable to owners of the parent ¥11,426 million, earnings per share ¥328.18 |
| Reason for the revision | Orders received remained strong, mainly in the construction segment, while revenue remained strong, mainly in the real estate segment. Operating profit is expected to increase owing to higher revenue in the real estate segment, improved margins from selective order-taking in the construction segment, and the acquisition of design-change work, among other factors. |
| Dividend forecast revision | The forecast year-end dividend was increased from ¥72 to ¥98, and the annual dividend forecast was increased from ¥144 to ¥170. |
| 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.Orders in the construction segment were strong, while revenue, mainly in the real estate segment, also remained strong. Operating profit benefited from higher real estate segment revenue, improved margins from selective order-taking in the construction segment, and the acquisition of design-change work. The dividend was increased based on the revised earnings forecasts and the profit return policy targeting progressive dividends and a 40% payout ratio.