Revised forecast
Fiscal year ending March 2026 · Full yearPrevious forecast published 8 April 2025The bar length represents the relative magnitude of change, based on the item that changed the most in this document.
Net sales declined because the rise in procurement costs due to the weaker yen and other factors, together with the impact of a shortage of engineers at construction sites on construction capacity, resulted in delays to the construction periods and start dates of certain large-scale projects. In terms of earnings, in addition to the decline in net sales, the company recognized losses on the disposal of inventories as it proceeded with inventory normalization. Because ordinary profit and subsequent items were affected by foreign exchange rates, the previous forecasts were not determined. The company subsequently recognized a ¥6,739 million valuation gain on foreign exchange forward contracts.
Loss on disposal of inventories (amount Not disclosed)
| Item | Details |
|---|---|
| Net Sales | 18,500 million yen → 17,036 million yen（-8.0%） |
| Operating profit | 2,820 million yen → 2,232 million yen（-20.9%） |
| Ordinary income | To be determined → 12,126 million yen |
| Profit attributable to owners of the parent | To be determined → 8,063 million yen |
| Net income per share | To be determined → 235.43 yen |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 8 April 2025 |
| Previous-period results | Net sales: ¥18,518 million; operating profit: ¥3,150 million; ordinary profit: ¥8,761 million; net income attributable to owners of the parent: ¥6,012 million; net income per share: ¥169.07 |
| Reason for the revision | Net sales declined because the rise in procurement costs due to the weaker yen and other factors, together with the impact of a shortage of engineers at construction sites on construction capacity, resulted in delays to the construction periods and start dates of certain large-scale projects. In terms of earnings, in addition to the decline in net sales, the company recognized losses on the disposal of inventories as it proceeded with inventory normalization. Because ordinary profit and subsequent items were affected by foreign exchange rates, the previous forecasts were not determined. The company subsequently recognized a ¥6,739 million valuation gain on foreign exchange forward contracts. |
| Details and amount of extraordinary loss | Loss on disposal of inventories (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.Net sales declined because the rise in procurement costs due to the weaker yen and other factors, together with the impact of a shortage of engineers at construction sites on construction capacity, resulted in delays to the construction periods and start dates of certain large-scale projects. Operating profit also declined due to the recognition of losses on the disposal of inventories as inventory levels were normalized. From ordinary profit onward, the company recognized a ¥6,739 million valuation gain on foreign exchange forward contracts.