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Revision of earnings forecasts3447Shinwa Co.,Ltd.Construction and Materials

Notice Regarding Revisions to the IFRS Earnings Forecast

The full-year consolidated earnings forecast for the fiscal year ending March 2026 has been revised upward. Revenue is expected to increase by 0.7%, operating profit by 23.3%, and profit for the period attributable to owners of the parent by 36.6%.

Worth reading
67In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
36.6
%
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ending March 2026 · Full yearPrevious forecast published 6 November 2025
Net Sales20,000→20,138million
+0.7%
Operating profit2,000→2,465million
+23.3%
Profit attributable to owners of the parent1,246→1,701million
+36.6%
Net income per share91.2→125.01
+37.1%

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 increased as demand for temporary construction materials and logistics equipment remained firm, proposals combining sales and rental were strengthened, and orders for construction services accumulated. In addition to cost reduction measures, including optimization of the mix between in-house and outsourced production, a review of suppliers, and greater efficiency in the logistics system, and improved operating capacity utilization resulting from higher revenue, the recognition of a gain on bargain purchase from the acquisition of shares in connection with M&A pushed up profit.

Previous-period resultsRevenue ¥17,503 million, operating profit ¥1,622 million, profit before tax ¥1,498 million, profit for the period attributable to owners of the parent ¥975 million, and basic earnings per share of ¥70.17 (fiscal year ended March 2025)
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥20,000 million → ¥20,138 million(+0.7%)
Operating profit¥2,000 million → ¥2,465 million(+23.3%)
Profit attributable to owners of the parent¥1,246 million → ¥1,701 million(+36.6%)
Net income per share¥91.2 → ¥125.01
Fiscal Period CoveredFiscal year ending March 2026
Period CoveredFull year
Publication date of previous forecast6 November 2025
Previous-period resultsRevenue ¥17,503 million, operating profit ¥1,622 million, profit before tax ¥1,498 million, profit for the period attributable to owners of the parent ¥975 million, and basic earnings per share of ¥70.17 (fiscal year ended March 2025)
Reason for the revisionRevenue increased as demand for temporary construction materials and logistics equipment remained firm, proposals combining sales and rental were strengthened, and orders for construction services accumulated. In addition to cost reduction measures, including optimization of the mix between in-house and outsourced production, a review of suppliers, and greater efficiency in the logistics system, and improved operating capacity utilization resulting from higher revenue, the recognition of a gain on bargain purchase from the acquisition of shares in connection with M&A pushed up profit.
Consolidated / non-consolidatedConsolidated
Items this document does not state (3)
Ordinary incomeDetails 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 increased as demand for the Group’s core temporary construction materials and logistics equipment remained firm, proposals combining sales and rental were strengthened, and orders for construction services accumulated. On the profit side, cost reduction measures, including optimization of the mix between in-house and outsourced production, a review of suppliers, and greater efficiency in the logistics system, as well as improved operating capacity utilization resulting from higher revenue, contributed to earnings. The Company also recognized a gain on bargain purchase from the acquisition of shares in connection with M&A.

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Notice Regarding Revisions to the IFRS Earnings Forecast | Shinwa Co.,Ltd. (3447) timely disclosure | Komori