Revised forecast
Fiscal year ending March 2027 · Six months and full yearThe bar length represents the relative magnitude of change, based on the item that changed the most in this document.
For the fiscal year ending March 2027, the company expects private-sector construction investment and demand for steel frames to remain lackluster, reflecting chronic labor shortages, intensifying bidding competition, higher construction costs, and more cautious investment decisions. At the same time, it expects demand in the repair and renewal fields to provide a certain level of support over the medium to long term.
Loss on sale of investment securities: ¥94 million; impairment loss on golf club memberships: ¥4 million; loss on sale of property, plant and equipment: ¥0 million; loss on disposal of property, plant and equipment: ¥0 million; total extraordinary losses: ¥100 million (fiscal year ended March 2026)
| Item | Details |
|---|---|
| Net Sales | Not disclosed → Cumulative second-quarter results 11,500 / Full year 23,500（Cumulative second-quarter results 3.2% / Full year 0.3%） |
| Operating profit | Not disclosed → Cumulative second-quarter results 50 / Full year 200（Cumulative second-quarter results △76.4% / Full year △58.5%） |
| Ordinary income | Not disclosed → Cumulative second-quarter results 500 / Full year 1,100（Cumulative second-quarter results △23.7% / Full year △22.0%） |
| Profit attributable to owners of the parent | Not disclosed → Cumulative second-quarter results 400 / Full year 850（Cumulative second-quarter results 6.1% / Full year △10.9%） |
| Net income per share | Not disclosed → Cumulative second-quarter results 193.82 / Full year 411.87 |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Six months and full year |
| Previous-period results | Net sales: ¥23,434 million; operating profit: ¥482 million; ordinary profit: ¥1,409 million; net income attributable to owners of the parent: ¥953 million; earnings per share: ¥462.29 (fiscal year ended March 2026) |
| Reason for the revision | For the fiscal year ending March 2027, the company expects private-sector construction investment and demand for steel frames to remain lackluster, reflecting chronic labor shortages, intensifying bidding competition, higher construction costs, and more cautious investment decisions. At the same time, it expects demand in the repair and renewal fields to provide a certain level of support over the medium to long term. |
| Details and amount of extraordinary loss | Loss on sale of investment securities: ¥94 million; impairment loss on golf club memberships: ¥4 million; loss on sale of property, plant and equipment: ¥0 million; loss on disposal of property, plant and equipment: ¥0 million; total extraordinary losses: ¥100 million (fiscal year ended March 2026) |
| Dividend forecast revision | No revision stated. For the fiscal year ending March 2027, the company forecasts an interim dividend of ¥50, a year-end dividend of ¥50, and an annual dividend of ¥100. |
| 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.In the fiscal year ended March 2026, earnings in the steel structures manufacturing business benefited from improved profitability in bridge maintenance projects and design changes to new bridge projects. In the real estate leasing business, rental income from an apartment building acquired in the previous fiscal year contributed for the full year. These benefits were partly offset by declines in orders for bridges and steel frames and weak demand for materials. For the fiscal year ending March 2027, the company expects labor shortages, bidding competition, higher construction costs, and weak private-sector construction investment and demand for steel frames.