Revised forecast
Fiscal year ending November 2026 · Cumulative consolidated second-quarter (interim) period and full yearPrevious forecast published 13 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.
During the interim period, sales were affected by downward adjustments to city gas selling prices in the Energy & Solutions business. However, sales of equipment and construction services remained strong as the company focused on renovation and solution proposals, and construction work on large-scale projects in the Engineering & Maintenance business progressed smoothly. For the full year, profit forecasts were revised after taking into account actual results through the cumulative consolidated second-quarter period.
| Item | Details |
|---|---|
| Net Sales | Interim period 132,000 / Full year 260,000 → Interim period (actual) 129,672 / Full year 260,000（Interim period -1.8 / Full year Not disclosed） |
| Operating profit | Interim period 6,000 / Full year 7,500 → Interim period (actual) 7,455 / Full year 7,800（Interim period 24.3 / Full year 4） |
| Ordinary income | Interim period 6,100 / Full year 8,400 → Interim period (actual) 8,522 / Full year 9,400（Interim period 39.7 / Full year 11.9） |
| Profit attributable to owners of the parent | Interim period 4,100 / Full year 5,200 → Interim period (actual) 5,593 / Full year 5,900（Interim period 36.4 / Full year 13.5） |
| Net income per share | Interim period 63.85 / Full year 80.98 → Interim period (actual) 87.42 / Full year 92.85 |
| Fiscal Period Covered | Fiscal year ending November 2026 |
| Period Covered | Cumulative consolidated second-quarter (interim) period and full year |
| Publication date of previous forecast | 13 January 2026 |
| Previous-period results | Second quarter of the fiscal year ended November 2025: sales of ¥131,253 million, operating profit of ¥5,886 million, ordinary profit of ¥5,732 million, interim net income attributable to owners of the parent of ¥4,051 million, and interim net income per share of ¥63.12. Full year of the fiscal year ended November 2025: sales of ¥251,533 million, operating profit of ¥7,381 million, ordinary profit of ¥9,927 million, net income attributable to owners of the parent of ¥5,870 million, and net income per share of ¥91.44. |
| Reason for the revision | During the interim period, sales were affected by downward adjustments to city gas selling prices in the Energy & Solutions business. However, sales of equipment and construction services remained strong as the company focused on renovation and solution proposals, and construction work on large-scale projects in the Engineering & Maintenance business progressed smoothly. For the full year, profit forecasts were revised after taking into account actual results through the cumulative consolidated second-quarter period. |
| Dividend forecast revision | The year-end dividend forecast has been increased by ¥1, from ¥17.00 to ¥18.00, and the annual dividend forecast has been revised from ¥33.00 to ¥34.00. |
| Consolidated / non-consolidated | 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.During the interim period, sales were affected by downward adjustments to city gas selling prices. However, sales of equipment and construction services remained strong as the company focused on renovation and solution proposals, and large-scale projects in the Engineering & Maintenance business progressed smoothly, resulting in profits exceeding the forecasts. For the full year, profit forecasts were revised upward after taking into account actual results through the cumulative second-quarter period. The dividend forecast was increased in line with the revision to the full-year consolidated earnings forecast.