Revised forecast
Fiscal year ending March 2026 · Full yearPrevious forecast published 30 January 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.
The gross margin on net sales is expected to improve further, driven by factors including the acquisition of additional construction work, resulting in operating income and ordinary income being forecast to exceed the January forecast. In addition, net income attributable to owners of the parent is expected to exceed the previous forecast due to the recognition of an extraordinary gain from the sale of securities.
| Item | Details |
|---|---|
| Net Sales | Consolidated 100,000 / Individual 84,000 → Consolidated 99,400 / Individual 84,000（Consolidated -0.6 / Individual 0） |
| Operating profit | Consolidated 8,000 / Individual 5,700 → Consolidated 8,800 / Individual 6,400（Consolidated 10 / Individual 12.3） |
| Ordinary income | Consolidated 8,500 / Individual 6,400 → Consolidated 9,300 / Individual 7,100（Consolidated 9.4 / Individual 10.9） |
| Profit attributable to owners of the parent | Consolidated 6,000 / Individual 4,800 → Consolidated 7,500 / Individual 6,100（Consolidated 25 / Individual 27.1） |
| Net income per share | Consolidated 126.80 / Individual 101.44 → Consolidated 158.50 / Individual 128.91 |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 30 January 2026 |
| Previous-period results | Consolidated Net Sales 105,877 / Operating profit 8,073 / Ordinary income 8,536 / Profit attributable to owners of the parent 5,173 / Net income per share 109.46 / Individual Net Sales 94,108 / Operating profit 6,787 / Ordinary income 7,250 / Net income for the current fiscal year 4,761 / Net income per share 100.74 |
| Reason for the revision | The gross margin on net sales is expected to improve further, driven by factors including the acquisition of additional construction work, resulting in operating income and ordinary income being forecast to exceed the January forecast. In addition, net income attributable to owners of the parent is expected to exceed the previous forecast due to the recognition of an extraordinary gain from the sale of securities. |
| Dividend forecast revision | The year-end dividend has been increased from ¥40.00 to ¥45.00, and the annual dividend from ¥72.00 to ¥77.00. |
| Consolidated / non-consolidated | Consolidated/non-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.The gross margin on net sales is expected to improve further, driven by factors including the acquisition of additional construction work, resulting in operating income and ordinary income being forecast to exceed the January forecast. In addition, net income attributable to owners of the parent is expected to exceed the previous forecast due to the recognition of an extraordinary gain from the sale of securities. The dividend was increased in light of the upward revision to the earnings forecast and the policy of improving ROE.