Komori
Revision of earnings forecasts1802OBAYASHI CORPORATIONConstruction and Materials

Notice Regarding Revisions to the Full-Year Earnings and Dividend Forecasts (Increase in Dividend)

The full-year forecast for the fiscal year ending March 2026 was revised. On a consolidated basis, net sales were left unchanged, while operating profit, ordinary profit and net income were increased. On an individual-company basis, net sales were reduced while profit forecasts were increased, and the annual dividend forecast was raised from ¥82 to ¥87.

Worth reading
65In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
30000
¥ million
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ending March 2026 · Full yearPrevious forecast published 5 November 2025
Net SalesConsolidated2,570,000→2,570,000million
0.0%
Net SalesIndividual1,530,000→1,515,000million
-1.0%
Operating profitConsolidated165,000→195,000million
+18.2%
Operating profitIndividual111,000→136,000million
+22.5%
Ordinary incomeConsolidated172,000→205,000million
+19.2%
Ordinary incomeIndividual154,000→182,000million
+18.2%
Profit attributable to owners of the parentConsolidated149,000→170,000million
+14.1%
Profit attributable to owners of the parentStandalone (net income)146,000→165,000million
+13.0%
Net income per shareConsolidated214.01→244.03yen and sen
+14.0%
Net income per shareIndividual209.7→236.85yen and sen
+12.9%

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

個別では国内建築事業の工事進捗が想定を下回り売上高を減額する一方、国内建築・国内土木事業で原価低減及び追加・変更工事の獲得により完成工事総利益が増加する見込み。連結では海外建設子会社の採算性の更なる改善も寄与する見込み。

Previous-period results連結:売上高2,590,765百万円、営業利益142,469百万円、経常利益152,236百万円、親会社株主に帰属する当期純利益145,355百万円、1株当たり当期純利益202.91円。個別:売上高1,660,662百万円、営業利益89,418百万円、経常利益98,673百万円、当期純利益115,721百万円、1株当たり当期純利益161.54円。
Dividend forecast revision期末配当を41円00銭から46円00銭へ5円増額し、年間配当を82円00銭から87円00銭へ5円増額。
Consolidated / non-consolidatedConsolidated / non-consolidated (standalone)
Revised forecast
ItemDetails
Net SalesConsolidated 2,570,000 / Individual 1,530,000 → Consolidated 2,570,000 / Individual 1,515,000(Consolidated 0.0% / Individual △1.0%)
Operating profitConsolidated 165,000 / Individual 111,000 → Consolidated 195,000 / Individual 136,000(Consolidated 18.2% / Individual 22.5%)
Ordinary incomeConsolidated 172,000 / Individual 154,000 → Consolidated 205,000 / Individual 182,000(Consolidated 19.2% / Individual 18.2%)
Profit attributable to owners of the parentConsolidated 149,000 / Standalone (net income) 146,000 → Consolidated 170,000 / Standalone (net income) 165,000(Consolidated 14.1% / Standalone (net income) 13.0%)
Net income per shareConsolidated 214.01 / Individual 209.7 → Consolidated 244.03 / Individual 236.85
Fiscal Period CoveredFiscal year ending March 2026
Period CoveredFull year
Publication date of previous forecast5 November 2025
Previous-period results連結:売上高2,590,765百万円、営業利益142,469百万円、経常利益152,236百万円、親会社株主に帰属する当期純利益145,355百万円、1株当たり当期純利益202.91円。個別:売上高1,660,662百万円、営業利益89,418百万円、経常利益98,673百万円、当期純利益115,721百万円、1株当たり当期純利益161.54円。
Reason for the revision個別では国内建築事業の工事進捗が想定を下回り売上高を減額する一方、国内建築・国内土木事業で原価低減及び追加・変更工事の獲得により完成工事総利益が増加する見込み。連結では海外建設子会社の採算性の更なる改善も寄与する見込み。
Dividend forecast revision期末配当を41円00銭から46円00銭へ5円増額し、年間配当を82円00銭から87円00銭へ5円増額。
Consolidated / non-consolidatedConsolidated / non-consolidated (standalone)
Items this document does not state (1)
Details and amount of extraordinary loss

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.

個別では、国内建築事業で工事の進捗が想定を下回るため売上高を減額する一方、国内建築・国内土木事業で工期終盤の原価低減や追加・変更工事の獲得により完成工事総利益が増加する見込み。連結ではこれに加え、海外建設子会社の採算性がさらに改善する見込み。配当は、自己資本配当率(DOE)5%程度を目安とする長期安定配当方針に基づき増額する。

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.
Notice Regarding Revisions to the Full-Year Earnings and Dividend Forecasts (Increase in Dividend) | OBAYASHI CORPORATION (1802) timely disclosure | Komori