Revised forecast
Fiscal year ending March 2027 · Second quarter (interim period) and full yearPrevious forecast published 15 May 2026The bar length represents the relative magnitude of change, based on the item that changed the most in this document.
For the interim period, operating income and ordinary income fell below forecast due to higher raw material and energy prices and increased personnel expenses, while interim net income also fell below forecast due to extraordinary losses including litigation losses. For the full year, the company expects construction plans to be cancelled or postponed or reduced in scale due to labor shortages, soaring construction costs and higher interest rates, as well as sluggish product sales and further increases in raw material and energy prices.
Litigation losses (amount not disclosed)
| Item | Details |
|---|---|
| Net Sales | 22,700 Millions of yen → 22,000 Millions of yen（-3.1%） |
| Operating profit | 2,170 Millions of yen → 1,460 Millions of yen（-32.7%） |
| Ordinary income | 2,370 Millions of yen → 1,630 Millions of yen（-31.2%） |
| Profit attributable to owners of the parent | 1,560 Millions of yen → 800 Millions of yen（-48.7%） |
| Net income per share | ¥131.1 / sen → ¥67.2 / sen（-48.7%） |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Second quarter (interim period) and full year |
| Publication date of previous forecast | 15 May 2026 |
| Previous-period results | Fiscal year ending March 2026, full year: net sales of ¥22,312 million, operating income of ¥1,993 million, ordinary income of ¥2,166 million, net income attributable to owners of the parent of ¥605 million, and basic earnings per share of ¥51.56. Fiscal year ending March 2026, second quarter: net sales of ¥11,572 million, operating income of ¥1,116 million, ordinary income of ¥1,213 million, interim net income attributable to owners of the parent of ¥454 million, and interim earnings per share of ¥38.76. |
| Reason for the revision | For the interim period, operating income and ordinary income fell below forecast due to higher raw material and energy prices and increased personnel expenses, while interim net income also fell below forecast due to extraordinary losses including litigation losses. For the full year, the company expects construction plans to be cancelled or postponed or reduced in scale due to labor shortages, soaring construction costs and higher interest rates, as well as sluggish product sales and further increases in raw material and energy prices. |
| Details and amount of extraordinary loss | Litigation losses (amount not disclosed) |
| 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.For the interim period, operating income and ordinary income fell below forecast due to higher raw material and energy prices and increased personnel expenses resulting from soaring prices against the backdrop of escalating and prolonged tensions in the Middle East, while interim net income also fell below forecast due to extraordinary losses including litigation losses. For the full year, construction plans are expected to be cancelled or postponed or reduced in scale due to labor shortages, soaring construction costs and higher interest rates, while sales of “Asloc” for general construction and extruded cement products for residential construction are expected to remain sluggish. Further increases in raw material and energy prices are also expected to weigh on earnings.