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Revisions to earnings forecasts1960Sanyo Engineering & Construction Inc.Construction and Materials

Notice Regarding Revisions to Full-Year Earnings Forecasts

The earnings forecasts for the cumulative second quarter of the fiscal year ending March 2027 have been revised upward on both a consolidated and non-consolidated basis. On a consolidated basis, net sales are expected to increase by 9.1%, operating profit by 137.8% and interim net income attributable to owners of the parent by 164.4%; the full-year forecasts are still under review.

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
538.2
% (change in non-consolidated interim operating profit)
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Cumulative second quarterPrevious forecast published 10 August 2026
Net SalesConsolidated32,000→34,922million
+9.1%
Net SalesIndividual16,000→16,777million
+4.9%
Operating profitConsolidated1,000→2,378million
+137.8%
Operating profitIndividual200→1,276million
+538.2%
Ordinary incomeConsolidated1,300→2,671million
+105.5%
Ordinary incomeIndividual600→1,725million
+187.7%
Profit attributable to owners of the parentConsolidated700→1,851million (interim net income on a non-consolidated basis)
+164.4%
Profit attributable to owners of the parentIndividual400→1,382million (interim net income on a non-consolidated basis)
+245.6%
Net income per shareConsolidated45.59→120.56yen
+164.4%
Net income per shareIndividual26.05→90.04yen
+245.6%

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

On a consolidated basis, electrical equipment work for data centers in Malaysia exceeded the plan, resulting in higher net sales and gross profit. On a non-consolidated basis, there were cost reductions, higher gross profit on large-scale construction projects, and lower selling, general and administrative expenses due to a ¥381 million reversal of the allowance for doubtful accounts following the collection of construction payments for a solar power plant.

Previous-period resultsConsolidated Net Sales 28,203 / Operating profit 1,178 / Ordinary income 1,534 / Interim net income attributable to owners of the parent 1,196 / Interim net income per share 77.9 / Individual Net Sales 12,343 / Operating profit 13 / Ordinary income 486 / Interim net income 487 / Interim net income per share 31.75
Consolidated / non-consolidatedConsolidated / non-consolidated (standalone)
Revised forecast
ItemDetails
Net SalesConsolidated 32,000 / Individual 16,000 → Consolidated 34,922 / Individual 16,777(Consolidated 9.1 / Individual 4.9)
Operating profitConsolidated 1,000 / Individual 200 → Consolidated 2,378 / Individual 1,276(Consolidated 137.8 / Individual 538.2)
Ordinary incomeConsolidated 1,300 / Individual 600 → Consolidated 2,671 / Individual 1,725(Consolidated 105.5 / Individual 187.7)
Profit attributable to owners of the parentConsolidated 700 / Individual 400 → Consolidated 1,851 / Individual 1,382(Consolidated 164.4 / Individual 245.6)
Net income per shareConsolidated 45.59 / Individual 26.05 → Consolidated 120.56 / Individual 90.04
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredCumulative second quarter
Publication date of previous forecast10 August 2026
Previous-period resultsConsolidated Net Sales 28,203 / Operating profit 1,178 / Ordinary income 1,534 / Interim net income attributable to owners of the parent 1,196 / Interim net income per share 77.9 / Individual Net Sales 12,343 / Operating profit 13 / Ordinary income 486 / Interim net income 487 / Interim net income per share 31.75
Reason for the revisionOn a consolidated basis, electrical equipment work for data centers in Malaysia exceeded the plan, resulting in higher net sales and gross profit. On a non-consolidated basis, there were cost reductions, higher gross profit on large-scale construction projects, and lower selling, general and administrative expenses due to a ¥381 million reversal of the allowance for doubtful accounts following the collection of construction payments for a solar power plant.
Consolidated / non-consolidatedConsolidated / non-consolidated (standalone)
Items this document does not state (2)
Details 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.

On a consolidated basis, net sales and gross profit increased as electrical equipment work for data centers in Malaysia exceeded the plan. On a non-consolidated basis, the reasons cited were cost reductions, higher gross profit on large-scale construction projects, and lower selling, general and administrative expenses due to a ¥381 million reversal of the allowance for doubtful accounts following the collection of construction payments for a solar power plant.

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Notice Regarding Revisions to Full-Year Earnings Forecasts | Sanyo Engineering & Construction Inc. (1960) timely disclosure | Komori