Revised forecast
Fiscal year ending March 2027 · Full yearPrevious forecast published 13 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.
Domestic orders remain strong, and orders received are expected to increase from ¥360,000 million to ¥410,000 million. However, the increase will result from construction projects whose progress will occur in the following fiscal year and beyond, so the sales forecast was left unchanged. Operating income was raised because profit improvement on construction projects is expected to exceed the assumptions made at the beginning of the fiscal year, while ordinary income and net income attributable to owners of the parent were also increased due to the expected upside in operating income and other factors.
| Item | Details |
|---|---|
| Net Sales | ¥265,000 million → ¥265,000 million（0.0%） |
| Operating profit | ¥36,000 million → ¥42,000 million（+16.7%） |
| Ordinary income | ¥36,500 million → ¥42,500 million（+16.4%） |
| Profit attributable to owners of the parent | ¥27,300 million → ¥30,000 million（+9.9%） |
| Net income per share | 211.42 Yen → 231.73 Yen |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Full year |
| Publication date of previous forecast | 13 May 2026 |
| Previous-period results | Consolidated (fiscal year ended March 2026): net sales of ¥256,228 million, operating income of ¥34,479 million, ordinary income of ¥35,770 million, net income attributable to owners of the parent of ¥26,772 million, and net income per share of ¥207.33. Non-consolidated (fiscal year ended March 2026): net sales of ¥229,352 million, operating income of ¥33,808 million, ordinary income of ¥35,154 million, net income of ¥26,289 million, and net income per share of ¥203.59. |
| Reason for the revision | Domestic orders remain strong, and orders received are expected to increase from ¥360,000 million to ¥410,000 million. However, the increase will result from construction projects whose progress will occur in the following fiscal year and beyond, so the sales forecast was left unchanged. Operating income was raised because profit improvement on construction projects is expected to exceed the assumptions made at the beginning of the fiscal year, while ordinary income and net income attributable to owners of the parent were also increased due to the expected upside in operating income and other factors. |
| Dividend forecast revision | The year-end dividend was increased by ¥8 per share, from ¥43 to ¥51, and the annual dividend was increased from ¥85 to ¥93. |
| 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 profit forecasts were raised because domestic orders are expected to remain strong and increase, while profit improvement on construction projects is expected to exceed the assumptions made at the beginning of the fiscal year. The sales forecast was left unchanged because the increase in orders will result from construction projects whose progress will occur in the following fiscal year and beyond. Dividends were also increased in consideration of factors including the business outlook exceeding the forecast used for the most recent dividend forecast.