Revised forecast
Fiscal year ending December 2026 · Interim consolidated accounting periodPrevious forecast published 13 February 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.
Interim results were below the previous forecast due to a decline in completed steel-frame processing projects in eastern Japan. Although no significant improvement in demand is expected in the second half, a recovery is anticipated from wider sales spreads on general steel products amid price increases, so the full-year consolidated earnings forecast was left unchanged at the previous forecast levels. The dividend was increased to enhance returns to shareholders in connection with the listing on the Sapporo Securities Exchange and the Fukuoka Securities Exchange.
| Item | Details |
|---|---|
| Net Sales | ¥25,000 million → ¥22,756 million（-9.0%） |
| Operating profit | ¥250 million → ¥191 million（-23.4%） |
| Ordinary income | ¥300 million → ¥254 million（-15.3%） |
| Profit attributable to owners of the parent | ¥190 million → ¥131 million（-30.6%） |
| Net income per share | 48.29 yen and sen → 33.52 yen and sen |
| Fiscal Period Covered | Fiscal year ending December 2026 |
| Period Covered | Interim consolidated accounting period |
| Publication date of previous forecast | 13 February 2026 |
| Previous-period results | Interim period of the fiscal year ended December 2025: net sales of ¥26,491 million, operating income of ¥148 million, ordinary income of ¥219 million, interim net income attributable to owners of the parent of ¥112 million, and interim net income per share of ¥28.63 |
| Reason for the revision | Interim results were below the previous forecast due to a decline in completed steel-frame processing projects in eastern Japan. Although no significant improvement in demand is expected in the second half, a recovery is anticipated from wider sales spreads on general steel products amid price increases, so the full-year consolidated earnings forecast was left unchanged at the previous forecast levels. The dividend was increased to enhance returns to shareholders in connection with the listing on the Sapporo Securities Exchange and the Fukuoka Securities Exchange. |
| Dividend forecast revision | The year-end dividend forecast was increased from ¥22 to ¥25 per share. A ¥3 per-share commemorative dividend for the listing will be added, bringing the expected annual dividend to ¥25 per share. |
| 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.A decline in completed steel-frame processing projects in eastern Japan was a factor behind the weaker interim results. Although no significant improvement in demand is expected in the second half, a recovery is anticipated from wider sales spreads on general steel products amid price increases, so the full-year earnings forecast was left unchanged. The dividend was increased to enhance returns to shareholders in connection with the listing on the Sapporo Securities Exchange and the Fukuoka Securities Exchange.