Revised forecast
FY2028 · Full yearPrevious forecast published April 2024The bar length represents the relative magnitude of change, based on the item that changed the most in this document.
The business environment for each business has progressed above the assumptions made when the plan was formulated, and initiatives including selective order-taking, productivity improvement measures and on-site support by specialist teams have produced results, improving earnings capacity. The company reviewed its numerical targets in light of the rising cost of equity and other factors.
| Item | Details |
|---|---|
| Net Sales | ¥200 billion → ¥212.0 billion（+6.0%） |
| Operating profit | ¥8 billion or more → ¥11 billion or more |
| Fiscal Period Covered | FY2028 |
| Period Covered | Full year |
| Publication date of previous forecast | April 2024 |
| Previous-period results | Revenue: ¥179.8 billion in fiscal 2025; operating income: ¥5.6 billion in fiscal 2025 |
| Reason for the revision | The business environment for each business has progressed above the assumptions made when the plan was formulated, and initiatives including selective order-taking, productivity improvement measures and on-site support by specialist teams have produced results, improving earnings capacity. The company reviewed its numerical targets in light of the rising cost of equity and other factors. |
| Dividend forecast revision | From dividends for fiscal 2026, the policy will change from a dividend payout ratio of approximately 50% and progressive dividends to a policy targeting DOE of 4.0% or more |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (4)
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 business environment for civil engineering, construction, real estate and new businesses has been progressing above the assumptions made when the plan was formulated. In addition, initiatives including selective order-taking with an emphasis on profit margins at the time of contract award, productivity improvement measures and on-site support by specialist teams have produced results, improving earnings capacity. The company stated that it also reviewed its numerical targets in light of the rising cost of equity.