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Revision of earnings forecasts1938NIPPON RIETEC CO.,LTD.Construction and Materials

Notice Regarding Revisions to Management Targets in the Medium-Term Management Plan

For the fiscal year ending March 2028, the final year of the Medium-Term Management Plan, the target for consolidated net sales remains unchanged, while the target for consolidated operating profit has been raised from ¥6,500 million to ¥7,750 million and the ROE target from 8.0% to 9.0%. Targets for certain KPIs, including profitability and operating cash flow, have also been revised upward.

Worth reading
64In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
1250
¥ million (increase in consolidated operating profit)
Wording
Conditional
How definitive the wording is.

Revised forecast

Fiscal year ending March 2028 · Full yearPrevious forecast published 12 May 2025
Net Sales77,500→77,500Millions of yen
0.0%
Operating profit6,500→7,750Millions of yen
+19.2%

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

Actual results in the first year exceeded the initial assumptions due to growth in orders received and net sales amid strong demand driven by accelerating construction investment, improved profitability at the time of order intake through negotiations to pass on higher costs, and greater on-site efficiency through digitalization and flexible workforce allocation.

Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales77,500 Millions of yen → 77,500 Millions of yen(0%)
Operating profit6,500 Millions of yen → 7,750 Millions of yen(19.2%)
Fiscal Period CoveredFiscal year ending March 2028
Period CoveredFull year
Publication date of previous forecast12 May 2025
Reason for the revisionActual results in the first year exceeded the initial assumptions due to growth in orders received and net sales amid strong demand driven by accelerating construction investment, improved profitability at the time of order intake through negotiations to pass on higher costs, and greater on-site efficiency through digitalization and flexible workforce allocation.
Consolidated / non-consolidatedConsolidated
Items this document does not state (6)
Ordinary incomeProfit attributable to owners of the parentNet income per sharePrevious-period resultsDetails and amount of extraordinary lossDividend forecast revision

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.

Actual results in the first year exceeded the initial assumptions, reflecting strong demand driven by national resilience initiatives, the renewal of aging infrastructure, and GX- and DX-related investment, as well as growth in orders received and net sales, improved profitability at the time of order intake through negotiations to pass on higher costs, and greater on-site efficiency through digitalization and flexible workforce allocation.

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 Management Targets in the Medium-Term Management Plan | NIPPON RIETEC CO.,LTD. (1938) timely disclosure | Komori