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Revision of earnings forecasts3420KFC LtdConstruction and Materials

Notice Regarding the Difference Between the Full-Year Non-Consolidated Earnings Forecast and Actual Results for the Fiscal Year Ending March 2026, and the Dividend from Surplus

For the fiscal year ending March 2026, non-consolidated net sales, ordinary profit and net income all fell below the previous forecasts. Ordinary profit was particularly 43.6% below forecast. Meanwhile, the year-end dividend was increased from the forecast of ¥60 per share to ¥65.

Worth reading
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Mixed performance
Direction inferred from the company’s description.
Scale
-588
¥ million (change in ordinary profit)
Wording
Definitive
How definitive the wording is.

Revised forecast

Fiscal year ending March 2026 · Full yearPrevious forecast published 15 May 2025
Net Sales24,850→22,647million
-8.9%
Ordinary income1,350→761million
-43.6%
Profit attributable to owners of the parent930→779million
-16.2%
Net income per share—→—yen
—

The bar length represents the relative magnitude of change, based on the item that changed the most in this document.

Reason for the revision

Net sales in each business segment performed below expectations. Contract procedures for additional contract work that had been started ahead of schedule at several large construction projects were delayed beyond initial expectations, resulting in lower gross profit and ordinary profit falling below forecast.

Previous-period resultsFiscal year ended March 2025: net sales ¥23,547 million, ordinary profit ¥1,215 million, net income ¥843 million, and earnings per share of ¥114.60
Dividend forecast revisionYear-end dividend forecast changed from ¥60 to ¥65 per share, an increase of ¥5
Consolidated / non-consolidatedNon-consolidated
Revised forecast
ItemDetails
Net Sales¥24,850 million → ¥22,647 million(-8.9%)
Ordinary income¥1,350 million → ¥761 million(-43.6%)
Profit attributable to owners of the parent¥930 million → ¥779 million(-16.2%)
Net income per share¥126.37 → ¥105.88
Fiscal Period CoveredFiscal year ending March 2026
Period CoveredFull year
Publication date of previous forecast15 May 2025
Previous-period resultsFiscal year ended March 2025: net sales ¥23,547 million, ordinary profit ¥1,215 million, net income ¥843 million, and earnings per share of ¥114.60
Reason for the revisionNet sales in each business segment performed below expectations. Contract procedures for additional contract work that had been started ahead of schedule at several large construction projects were delayed beyond initial expectations, resulting in lower gross profit and ordinary profit falling below forecast.
Dividend forecast revisionYear-end dividend forecast changed from ¥60 to ¥65 per share, an increase of ¥5
Consolidated / non-consolidatedNon-consolidated
Items this document does not state (2)
Operating profitDetails and amount of extraordinary loss

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 difference in results was attributed to net sales in each business segment performing below expectations, as well as a decline in gross profit because contract procedures for additional contract work that had been started ahead of schedule at several large construction projects were delayed. The dividend increase reflects the policy of prioritizing stable and continuous dividends while allocating results after taking into account retained earnings needed to strengthen the financial position.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Difference Between the Full-Year Non-Consolidated Earnings Forecast and Actual Results for the Fiscal Year Ending March 2026, and the Dividend from Surplus | KFC Ltd (3420) timely disclosure | Komori