Revised forecast
Fiscal year ending March 2026 · Full yearPrevious forecast published 6 February 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.
Net sales are expected to increase because construction progressed steadily in the civil engineering and ground improvement businesses. On the earnings side, gross profit is expected to increase as margins improve due to winning additional change orders and other factors in the ground improvement business.
| Item | Details |
|---|---|
| Net Sales | ¥80,000 million → ¥81,500 million（+1.9%） |
| Operating profit | ¥4,900 million → ¥5,800 million（+18.4%） |
| Ordinary income | ¥5,000 million → ¥6,000 million（+20.0%） |
| Profit attributable to owners of the parent | ¥3,450 million → ¥4,300 million（+24.6%） |
| Net income per share | 227.87 yen → 283.97 yen |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 6 February 2026 |
| Previous-period results | Fiscal Period Covered Fiscal year ending March 2025 / Net Sales 69,557 Millions of yen (yen and sen for net income per share) / Operating profit 3,177 Millions of yen (yen and sen for net income per share) / Ordinary income 3,366 Millions of yen (yen and sen for net income per share) / Profit attributable to owners of the parent 2,202 Millions of yen (yen and sen for net income per share) / Net income per share 145.26 Millions of yen (yen and sen for net income per share) |
| Reason for the revision | Net sales are expected to increase because construction progressed steadily in the civil engineering and ground improvement businesses. On the earnings side, gross profit is expected to increase as margins improve due to winning additional change orders and other factors in the ground improvement business. |
| Dividend forecast revision | The year-end dividend forecast has been increased by ¥25, from the previous forecast of ¥90.00 per share to ¥115.00 per share. The total annual dividend forecast has also been revised from ¥90.00 per share to ¥115.00 per share. |
| 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.Net sales are expected to increase as construction progressed steadily in the civil engineering and ground improvement businesses. In the ground improvement business, gross profit is expected to increase due to improved margins resulting from winning additional change orders and other factors. The year-end dividend was also increased in light of the upward revision to the earnings forecasts and the policy of returning profits to shareholders at a payout ratio of approximately 40%.