Revised forecast
Fiscal year ending March 2026 · Full yearPrevious forecast published 14 May 2025The 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.
In the Piping Materials segment, performance was supported by stronger sales of priority products, securing sales of core product lines, and new product adoption by house builders. In the Water and Environmental Engineering segment, progress on large-scale construction projects and stable orders for maintenance work resulted in performance above the initial expectations. An extraordinary gain was also recorded in connection with the sale of cross-held shares.
| Item | Details |
|---|---|
| Net Sales | ¥25,000 million → ¥25,152 million（+0.6%） |
| Operating profit | ¥2,200 million → ¥2,323 million（+5.6%） |
| Ordinary income | ¥2,530 million → ¥2,780 million（+9.9%） |
| Profit attributable to owners of the parent | ¥1,730 million → ¥1,858 million（+7.4%） |
| Net income per share | 116.58 yen and sen → 125.19 yen and sen |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 14 May 2025 |
| Previous-period results | Net sales: ¥24,166 million; operating profit: ¥2,164 million; ordinary profit: ¥2,507 million; profit attributable to owners of parent: ¥1,714 million; earnings per share: ¥115.53 |
| Reason for the revision | In the Piping Materials segment, performance was supported by stronger sales of priority products, securing sales of core product lines, and new product adoption by house builders. In the Water and Environmental Engineering segment, progress on large-scale construction projects and stable orders for maintenance work resulted in performance above the initial expectations. An extraordinary gain was also recorded in connection with the sale of cross-held shares. |
| Dividend forecast revision | The year-end dividend was increased by ¥5 per share, from the previous forecast of ¥35.00 to ¥40.00. Including the interim dividend of ¥35.00 per share, the annual dividend will be ¥75.00 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.In the Piping Materials segment, performance was broadly in line with plan, supported by stronger sales of priority products, securing sales of core product lines, and new product adoption by house builders. In the Water and Environmental Engineering segment, large-scale construction projects progressed as planned, while maintenance work, including repairs, generated a stable volume of orders throughout the year, resulting in performance above expectations. In addition, an extraordinary gain was recorded in connection with the sale of cross-held shares.