Revised forecast
Fiscal year ending March 2026 · Full yearPrevious forecast published 6 February 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.
Revenue from completed construction contracts has been reduced because progress on construction projects on hand is expected to fall below the assumptions at the time of the most recent disclosure. Operating profit has been increased due to further improvements in project profitability. Ordinary profit and profit attributable to owners of the parent are expected to increase due to the upside in operating profit, foreign exchange gains, gains on the sale of investment securities from the sale of strategically held shares, and tax credits resulting from the application of the wage increase promotion tax incentive system.
| Item | Details |
|---|---|
| Net Sales | Consolidated 260,000 / Individual 235,000 → Consolidated 255,000 / Individual 229,000（Consolidated -1.9 / Individual -2.6） |
| Operating profit | Consolidated 32,000 / Individual 32,000 → Consolidated 34,000 / Individual 33,400（Consolidated 6.3 / Individual 4.4） |
| Ordinary income | Consolidated 32,300 / Individual 32,300 → Consolidated 35,000 / Individual 34,400（Consolidated 8.4 / Individual 6.5） |
| Profit attributable to owners of the parent | Consolidated 23,100 Millions of yen → 26,000 Millions of yen（+12.6%） / Individual 23,100 Millions of yen → 25,400 Millions of yen（+10.0%） |
| Net income per share | Consolidated 179.01 / Individual 179.01 → Consolidated 201.35 / Individual 196.7 |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 6 February 2026 |
| Previous-period results | Consolidated Net Sales ¥262,732 million / Operating profit ¥23,037 million / Ordinary income ¥23,479 million / Profit attributable to owners of the parent ¥17,443 million / Net income per share ¥135.61 / Individual Net Sales ¥248,681 million / Operating profit ¥22,998 million / Ordinary income ¥23,272 million / Net income for the current fiscal year ¥17,508 million / Net income per share ¥136.11 |
| Reason for the revision | Revenue from completed construction contracts has been reduced because progress on construction projects on hand is expected to fall below the assumptions at the time of the most recent disclosure. Operating profit has been increased due to further improvements in project profitability. Ordinary profit and profit attributable to owners of the parent are expected to increase due to the upside in operating profit, foreign exchange gains, gains on the sale of investment securities from the sale of strategically held shares, and tax credits resulting from the application of the wage increase promotion tax incentive system. |
| Dividend forecast revision | The year-end dividend has been increased by ¥9 per share, from ¥45.00 to ¥54.00. On a pre-stock-split basis, this is equivalent to ¥162.00 per share, and the annual dividend on the same basis has been increased from ¥217 to ¥244. |
| 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.Net sales have been reduced because progress on construction projects on hand is expected to fall below assumptions, while operating profit has been increased due to further improvements in project profitability. Ordinary profit and net profit have been increased to reflect the expected upside in operating profit, foreign exchange gains, gains on the sale of strategically held shares, and tax credits under the wage increase promotion tax incentive system.