Revised forecast
Fiscal year ending June 2026 · Full yearPrevious forecast published 14 August 2025The 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.
EPC projects and related work involving energy storage systems are progressing steadily, and revenue is expected to be recognized in the fourth quarter as a result of progress on EPC work and related projects at the Shizuoka Kikugawa Energy Storage Facility and at a grid-scale energy storage facility operated by a limited liability company established by Tokyo Century Corporation. O&M in the energy supply business is also expected to exceed the initial assumptions, while selling, general and administrative expenses are expected to come in below forecast. For net income, the company expects an increase in income taxes and other adjustments because deferred tax assets related to asset retirement obligations were not recognized, as well as a special loss arising from the transition adjustment associated with the adoption of the principle method of accounting for retirement benefits. Nevertheless, the forecast has been revised upward, mainly due to increases in operating profit and ordinary profit.
Special loss arising from the transition adjustment associated with the adoption of the principle method of accounting for retirement benefits (amount: Not disclosed)
| Item | Details |
|---|---|
| Net Sales | ¥47,000 million → ¥51,000 million（+8.5%） |
| Operating profit | ¥3,600 million → ¥5,100 million（+41.7%） |
| Ordinary income | ¥1,800 million → ¥3,600 million（+100.0%） |
| Profit attributable to owners of the parent | ¥1,200 million → ¥1,800 million（+50.0%） |
| Net income per share | 17.02 yen and sen → 25.53 yen and sen |
| Fiscal Period Covered | Fiscal year ending June 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 14 August 2025 |
| Previous-period results | Net sales: ¥36,684 million; operating profit: ¥2,548 million; ordinary loss: ¥641 million; net income attributable to owners of the parent: ¥204 million; earnings per share: ¥2.91 (fiscal year ended June 2025) |
| Reason for the revision | EPC projects and related work involving energy storage systems are progressing steadily, and revenue is expected to be recognized in the fourth quarter as a result of progress on EPC work and related projects at the Shizuoka Kikugawa Energy Storage Facility and at a grid-scale energy storage facility operated by a limited liability company established by Tokyo Century Corporation. O&M in the energy supply business is also expected to exceed the initial assumptions, while selling, general and administrative expenses are expected to come in below forecast. For net income, the company expects an increase in income taxes and other adjustments because deferred tax assets related to asset retirement obligations were not recognized, as well as a special loss arising from the transition adjustment associated with the adoption of the principle method of accounting for retirement benefits. Nevertheless, the forecast has been revised upward, mainly due to increases in operating profit and ordinary profit. |
| Details and amount of extraordinary loss | Special loss arising from the transition adjustment associated with the adoption of the principle method of accounting for retirement benefits (amount: Not disclosed) |
| Dividend forecast revision | The year-end dividend forecast has been revised from ¥5.80 to ¥8.08 per share, and the annual dividend forecast has also been revised from ¥5.80 to ¥8.08 per share. This represents an increase of ¥2.28 per share. The interim dividend remains unchanged at ¥0.00 per share. |
| Consolidated / non-consolidated | Consolidated |
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The main reasons are that progress on EPC projects related to energy storage systems and O&M in the energy supply business are expected to exceed the initial assumptions, while selling, general and administrative expenses are expected to come in below forecast. Net income has also been revised upward, mainly due to higher operating profit and ordinary profit, despite an expected increase in income taxes and other adjustments and a special loss arising from the transition adjustment under retirement benefit accounting.