Revised forecast
Fiscal year ending March 2027 · Full yearPrevious forecast published 8 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.
On a non-consolidated basis, operating income is expected to increase mainly due to improved profitability on domestic construction projects. Domestic civil engineering is expected to post lower profit due to higher general and administrative expenses, while overseas operations are expected to be broadly in line with the previous forecast. On a consolidated basis, mainly in line with the revision to the non-consolidated earnings forecast, profit is expected to increase as a result of improved profitability on domestic construction projects, while domestic civil engineering is expected to post lower profit due to higher general and administrative expenses and overseas operations are expected to post lower profit due to the recognition of additional construction losses on prior-year projects by an overseas equipment subsidiary.
| Item | Details |
|---|---|
| Net Sales | Consolidated 818,000 / Individual 770,500 → Consolidated 818,000 / Individual 770,500（Consolidated 0.0% / Individual 0.0%） |
| Operating profit | Consolidated 59,000 / Individual 56,000 → Consolidated 63,000 / Individual 60,500（Consolidated 6.8% / Individual 8.0%） |
| Ordinary income | Consolidated 54,000 / Individual 52,500 → Consolidated 56,000 / Individual 54,500（Consolidated 3.7% / Individual 3.8%） |
| Profit attributable to owners of the parent | Consolidated 35,000 / Individual 34,000 → Consolidated 38,000 / Individual 37,000（Consolidated 8.6% / Individual 8.8%） |
| Net income per share | Consolidated ¥129.88 / Individual ¥126.16 → Consolidated ¥141.40 / Individual ¥137.68 |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Full year |
| Publication date of previous forecast | 8 May 2026 |
| Previous-period results | Consolidated Net Sales 794,306 / Operating profit 55,304 / Ordinary income 53,195 / Profit attributable to owners of the parent 34,692 / Net income per share ¥125.58 / Individual Net Sales 745,503 / Operating profit 51,179 / Ordinary income 49,161 / Net income for the current fiscal year 31,627 / Net income per share ¥114.49 |
| Reason for the revision | On a non-consolidated basis, operating income is expected to increase mainly due to improved profitability on domestic construction projects. Domestic civil engineering is expected to post lower profit due to higher general and administrative expenses, while overseas operations are expected to be broadly in line with the previous forecast. On a consolidated basis, mainly in line with the revision to the non-consolidated earnings forecast, profit is expected to increase as a result of improved profitability on domestic construction projects, while domestic civil engineering is expected to post lower profit due to higher general and administrative expenses and overseas operations are expected to post lower profit due to the recognition of additional construction losses on prior-year projects by an overseas equipment subsidiary. |
| Dividend forecast revision | The year-end dividend forecast for the fiscal year ending March 2027 will be reviewed based on year-end results and is scheduled to be announced when the financial results are released in May 2027. The interim dividend remains unchanged from the previous forecast at ¥26 per share. |
| Consolidated / non-consolidated | Consolidated / non-consolidated (standalone) |
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.On a non-consolidated basis, operating income was revised upward mainly because profitability on domestic construction projects is expected to improve. Domestic civil engineering is expected to post lower profit due to higher general and administrative expenses, while overseas operations are expected to be broadly in line with the previous forecast. On a consolidated basis, mainly due to the revision to the non-consolidated earnings forecast, improved profitability on domestic construction projects is expected to contribute to higher profit. This is expected to be offset by higher general and administrative expenses in domestic civil engineering and the recognition of additional construction losses on prior-year projects by an overseas equipment subsidiary.