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Revisions to earnings forecasts5918The Takigami Steel Construction Co.,Ltd.Construction and Materials

Notice Regarding Revisions to Full-Year Consolidated Earnings Forecasts for the Fiscal Year Ending March 2027

The full-year consolidated earnings forecasts for the fiscal year ending March 2027 have been revised. While the sales forecast has been revised downward, the forecasts for operating income, ordinary income and net income attributable to owners of the parent have been revised upward.

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Revised forecast

Fiscal year ending March 2027 · Full yearPrevious forecast published 10 August 2026
Net Sales25,500→24,000Millions of yen
-5.9%
Operating profit1,600→2,000Millions of yen
+25.0%
Ordinary income2,500→3,000Millions of yen
+20.0%
Profit attributable to owners of the parent1,700→2,000Millions of yen
+17.6%
Net income per share823.74→967.41/ sen
+17.4%

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

Additional revenue recognition from final design changes to maintenance business projects increased sales and also contributed to improved profitability. However, in light of delays in the progress of large-scale construction projects for new bridges, the declining sales trend at the consolidated subsidiaries and projected earnings at several consolidated subsidiaries falling below the initial assumptions, sales have been revised downward and the extent of the upward revision to profit is expected to narrow from the second-quarter figures, although full-year profit is expected to exceed the previous forecast.

Previous-period resultsFiscal year ended March 2026 actual results: sales ¥23,434 million, operating income ¥482 million, ordinary income ¥1,409 million, net income attributable to owners of the parent ¥953 million, basic earnings per share ¥462.29
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales25,500 Millions of yen → 24,000 Millions of yen(-5.9%)
Operating profit1,600 Millions of yen → 2,000 Millions of yen(+25.0%)
Ordinary income2,500 Millions of yen → 3,000 Millions of yen(+20.0%)
Profit attributable to owners of the parent1,700 Millions of yen → 2,000 Millions of yen(+17.6%)
Net income per share¥823.74 / sen → ¥967.41 / sen
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredFull year
Publication date of previous forecast10 August 2026
Previous-period resultsFiscal year ended March 2026 actual results: sales ¥23,434 million, operating income ¥482 million, ordinary income ¥1,409 million, net income attributable to owners of the parent ¥953 million, basic earnings per share ¥462.29
Reason for the revisionAdditional revenue recognition from final design changes to maintenance business projects increased sales and also contributed to improved profitability. However, in light of delays in the progress of large-scale construction projects for new bridges, the declining sales trend at the consolidated subsidiaries and projected earnings at several consolidated subsidiaries falling below the initial assumptions, sales have been revised downward and the extent of the upward revision to profit is expected to narrow from the second-quarter figures, although full-year profit is expected to exceed the previous forecast.
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.

Sales are expected to fall below the previous forecast due to delays in the progress of large-scale new bridge construction projects and a declining sales trend at the consolidated subsidiaries, despite additional revenue recognition from final design changes to maintenance business projects being a factor supporting sales growth. In terms of profit, the additional revenue recognition from final design changes to maintenance business projects is expected to contribute to improved profitability, while projected earnings at several consolidated subsidiaries are expected to fall below the initial assumptions. As a result, profit levels from the third quarter onward are expected to fall below plan, but each full-year profit figure is expected to exceed the previous forecast.

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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 Full-Year Consolidated Earnings Forecasts for the Fiscal Year Ending March 2027 | The Takigami Steel Construction Co.,Ltd. (5918) timely disclosure | Komori