Revised forecast
Fiscal year ending March 2027 · Full yearPrevious forecast published 14 May 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 increase in gross profit, primarily due to improved margins in the domestic civil engineering and building businesses, is expected to absorb the increase in selling, general and administrative expenses resulting from higher personnel costs and other factors. The consolidated forecasts for operating profit, ordinary profit and net income attributable to owners of the parent were revised in line with the revision to the non-consolidated earnings forecast.
| Item | Details |
|---|---|
| Net Sales | ¥2,420,000 million → ¥2,420,000 million |
| Operating profit | ¥188,000 million → ¥212,000 million（+12.8%） |
| Ordinary income | ¥187,000 million → ¥212,000 million（+13.4%） |
| Profit attributable to owners of the parent | ¥151,000 million → ¥170,000 million（+12.6%） |
| Net income per share | ¥926.33 → ¥1,044.47 |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Full year |
| Publication date of previous forecast | 14 May 2026 |
| Previous-period results | Consolidated: revenue ¥2,089,091 million, operating profit ¥187,973 million, ordinary profit ¥195,777 million, net income attributable to owners of the parent ¥170,004 million, and net income per share ¥1,025.53. Non-consolidated: revenue ¥1,452,294 million, operating profit ¥142,890 million, ordinary profit ¥149,080 million, net income ¥145,423 million, and net income per share ¥877.09. |
| Reason for the revision | The increase in gross profit, primarily due to improved margins in the domestic civil engineering and building businesses, is expected to absorb the increase in selling, general and administrative expenses resulting from higher personnel costs and other factors. The consolidated forecasts for operating profit, ordinary profit and net income attributable to owners of the parent were revised in line with the revision to the non-consolidated earnings forecast. |
| Dividend forecast revision | The interim dividend was increased from the previous forecast of ¥190 per share to ¥210, and the year-end dividend forecast was also increased from ¥190 to ¥210. The annual dividend forecast was increased from ¥380 to ¥420. |
| 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.The increase in gross profit from improved margins in the domestic civil engineering and building businesses is expected to absorb the increase in selling, general and administrative expenses resulting from higher personnel costs and other factors. The consolidated earnings forecast was revised in line with the revision to the non-consolidated earnings forecast. The dividend was increased in light of the upward revision to the earnings forecast.