Revised forecast
Fiscal year ending March 2027 · Six months and full yearThe bar length represents the relative magnitude of change, based on the item that changed the most in this document.
In the construction business, the proportion of projects in the initial construction stage is expected to rise in the next fiscal year. In the real estate business and other operations, revenue is expected to decline due to the transfer of the condominium business and a decrease in the number of development properties sold. In addition to the impact of lower revenue, a decrease in sales of high-margin industrial land is expected to result in substantial declines in operating profit and ordinary profit. However, as extraordinary income is expected from such sources as a gain on the transfer of the condominium management business and gains on the sale of policy-held shares, net income attributable to owners of the parent is expected to decline slightly from the current fiscal year's actual results.
A loss on business restructuring of ¥1,936 million was recorded in the fiscal year ended March 2026, bringing total extraordinary losses to ¥1,987 million.
| Item | Details |
|---|---|
| Net Sales | Not disclosed → Cumulative second-quarter results 65,800 / Full year 150,000（Cumulative second-quarter results -26.6 / Full year -11.5） |
| Operating profit | Not disclosed → Cumulative second-quarter results 1,100 / Full year 9,000（Cumulative second-quarter results -86.2 / Full year -34.5） |
| Ordinary income | Not disclosed → Cumulative second-quarter results 1,030 / Full year 8,880（Cumulative second-quarter results -87.1 / Full year -35.2） |
| Profit attributable to owners of the parent | Not disclosed → Cumulative second-quarter results 2,300 / Full year 8,200（Cumulative second-quarter results -59.9 / Full year -3.2） |
| Net income per share | Not disclosed → Cumulative second-quarter results 53.26 / Full year 189.9 |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Six months and full year |
| Previous-period results | Actual results for the fiscal year ended March 2026: revenue ¥169,399 million, operating profit ¥13,742 million, ordinary profit ¥13,698 million, net income attributable to owners of the parent ¥8,468 million, and basic earnings per share ¥196.72 |
| Reason for the revision | In the construction business, the proportion of projects in the initial construction stage is expected to rise in the next fiscal year. In the real estate business and other operations, revenue is expected to decline due to the transfer of the condominium business and a decrease in the number of development properties sold. In addition to the impact of lower revenue, a decrease in sales of high-margin industrial land is expected to result in substantial declines in operating profit and ordinary profit. However, as extraordinary income is expected from such sources as a gain on the transfer of the condominium management business and gains on the sale of policy-held shares, net income attributable to owners of the parent is expected to decline slightly from the current fiscal year's actual results. |
| Details and amount of extraordinary loss | A loss on business restructuring of ¥1,936 million was recorded in the fiscal year ended March 2026, bringing total extraordinary losses to ¥1,987 million. |
| Dividend forecast revision | For the fiscal year ending March 2027, an interim dividend of ¥50, a year-end dividend of ¥50 and an annual dividend of ¥100 are planned, the same as for the current fiscal year. |
| 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.In the construction business, the proportion of projects in the initial construction stage is expected to rise in the next fiscal year. In the real estate business and other operations, revenue is expected to decline due to the transfer of the condominium business and a decrease in the number of development properties sold. Profit will also be affected by the decline in revenue, while a decrease in sales of high-margin industrial land will additionally result in substantial declines in operating profit and ordinary profit. Extraordinary income is expected from such sources as a gain on the transfer of the condominium management business and gains on the sale of policy-held shares.