Revised forecast
Fiscal year ending September 2026 · Full yearPrevious forecast published 14 May 2026The 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.
Consolidated net sales fell below forecast because orders were selectively accepted, prioritizing highly profitable projects. Operating profit reflects the shift toward highly profitable projects and cost control, while ordinary profit reflects gains on sales of investment securities and other factors in addition to the operating profit upside. Net income reflects extraordinary losses, including an ¥59 million impairment loss on investment securities. On a non-consolidated basis, net sales increased due to projects for the NTT Group and the SES business acquired through M&A, while profit declined due to the higher proportion of the staffing business, increased personnel expenses, extraordinary losses and higher corporate income taxes and other taxes.
Extraordinary losses, including an ¥59 million impairment loss on investment securities. Other details and amounts: Not disclosed.
| Item | Details |
|---|---|
| Net Sales | ¥7,800 million → ¥7,416 million（-4.9%） |
| Operating profit | ¥445 million → ¥492 million（+10.6%） |
| Ordinary income | ¥425 million → ¥558 million（+31.4%） |
| Profit attributable to owners of the parent | ¥270 million → ¥274 million（+1.7%） |
| Net income per share | ¥29.68 / sen → ¥30.33 / sen |
| Fiscal Period Covered | Fiscal year ending September 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 14 May 2026 |
| Previous-period results | Consolidated: net sales ¥6,103 million, operating profit ¥559 million, ordinary profit ¥497 million, net income attributable to owners of the parent ¥432 million, and net income per share ¥47.08. Non-consolidated: net sales ¥5,378 million, operating profit ¥317 million, ordinary profit ¥569 million, net income ¥508 million, and net income per share ¥55.38. |
| Reason for the revision | Consolidated net sales fell below forecast because orders were selectively accepted, prioritizing highly profitable projects. Operating profit reflects the shift toward highly profitable projects and cost control, while ordinary profit reflects gains on sales of investment securities and other factors in addition to the operating profit upside. Net income reflects extraordinary losses, including an ¥59 million impairment loss on investment securities. On a non-consolidated basis, net sales increased due to projects for the NTT Group and the SES business acquired through M&A, while profit declined due to the higher proportion of the staffing business, increased personnel expenses, extraordinary losses and higher corporate income taxes and other taxes. |
| Details and amount of extraordinary loss | Extraordinary losses, including an ¥59 million impairment loss on investment securities. Other details and amounts: Not disclosed. |
| Dividend forecast revision | No change (unchanged from the latest dividend forecast at ¥17.00 per share) |
| Consolidated / non-consolidated | Consolidated / non-consolidated (standalone) |
The reasons the company gives
The company's own explanation, not something inferred from the numbers.On a consolidated basis, net sales fell short of forecast because orders were selectively accepted in the fourth quarter, prioritizing highly profitable projects. Operating profit exceeded forecast due to a shift toward highly profitable projects and cost control, while ordinary profit also exceeded forecast, mainly due to gains on sales of securities related to CVC investments. Net income was broadly in line with forecast due to extraordinary losses, including an ¥59 million impairment loss on investment securities. On a non-consolidated basis, net sales increased on projects for the NTT Group and in the SES business, while profit declined due to the higher proportion of the low-margin staffing business, increased personnel expenses, extraordinary losses and higher corporate income taxes and other taxes.