Komori
Revision to earnings forecast3431MIYAJI ENGINEERING GROUP,INC.Construction and Materials

Notice Regarding Revisions to Consolidated Earnings Forecasts

The consolidated forecast for the second quarter (interim period) of the fiscal year ending March 2027 was revised. Revenue was reduced by ¥900 million, while operating income, ordinary income and interim net income were increased. The full-year forecast has not been finalized in this document and will be announced again when the interim financial results are released on 11 November.

Worth reading
52Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
147.6
%
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Second quarter (interim period)Previous forecast published 13 May 2026
Net Sales25,000→24,100million
-3.6%
Operating profit550→1,360million
+147.3%
Ordinary income630→1,560million
+147.6%
Profit attributable to owners of the parent710→1,080million
+52.1%
Net income per share26.91→40.91Yen/sen
+52.0%

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

Revenue is expected to be broadly in line with the previous forecast, as work in hand has progressed generally smoothly. The profit forecast was revised upward because the estimated amount of design changes for projects scheduled for completion during the current fiscal year, which had been assumed for the second half, was finalized in the first half and exceeded the assumption made at the beginning of the period.

Previous-period resultsRevenue ¥28,307 million, operating income ¥2,847 million, ordinary income ¥2,996 million, interim net income attributable to owners of the parent ¥1,801 million, interim earnings per share ¥67.94 (second quarter of the fiscal year ending March 2026)
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥25,000 million → ¥24,100 million(-3.6%)
Operating profit¥550 million → ¥1,360 million(+147.3%)
Ordinary income¥630 million → ¥1,560 million(+147.6%)
Profit attributable to owners of the parent¥710 million → ¥1,080 million(+52.1%)
Net income per share26.91 Yen/sen → 40.91 Yen/sen(−)
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredSecond quarter (interim period)
Publication date of previous forecast13 May 2026
Previous-period resultsRevenue ¥28,307 million, operating income ¥2,847 million, ordinary income ¥2,996 million, interim net income attributable to owners of the parent ¥1,801 million, interim earnings per share ¥67.94 (second quarter of the fiscal year ending March 2026)
Reason for the revisionRevenue is expected to be broadly in line with the previous forecast, as work in hand has progressed generally smoothly. The profit forecast was revised upward because the estimated amount of design changes for projects scheduled for completion during the current fiscal year, which had been assumed for the second half, was finalized in the first half and exceeded the assumption made at the beginning of the period.
Consolidated / non-consolidatedConsolidated
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.

Revenue is expected to be broadly in line with the previous forecast, as work in hand has progressed generally smoothly. On the profit side, the estimated amount of design changes for projects scheduled for completion during the current fiscal year, which had been assumed for the second half, was finalized in the first half and exceeded the assumption made at the beginning of the period.

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.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding Revisions to Consolidated Earnings Forecasts | MIYAJI ENGINEERING GROUP,INC. (3431) timely disclosure | Komori