Revised forecast
Fiscal year ending March 2026 · Full yearPrevious forecast published 15 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.
Although the performance of the European consolidated subsidiary is expected to be weaker than anticipated, operating income and ordinary income are expected to exceed the previous forecasts because maintenance services for thermal power plants and the biomass fuel supply business have grown more strongly than expected, and the settlement of costs related to a large solar-related construction contract completed in the previous fiscal year also contributed. Net income attributable to owners of the parent is expected to fall below the previous forecast because a litigation settlement payment will be recorded as an extraordinary loss.
A litigation settlement payment will be recorded as an extraordinary loss. Amount: Not disclosed.
| Item | Details |
|---|---|
| Net Sales | Consolidated 65,000 / Individual 58,000 → Consolidated 63,000 / Individual 59,000（Consolidated -3.1 / Individual 1.7） |
| Operating profit | Consolidated 2,400 / Individual 1,900 → Consolidated 3,400 / Individual 3,400（Consolidated 41.7 / Individual 78.9） |
| Ordinary income | Consolidated 2,900 / Individual 2,400 → Consolidated 4,000 / Individual 3,900（Consolidated 37.9 / Individual 62.5） |
| Profit attributable to owners of the parent | Consolidated 3,700 / Individual 3,400 → Consolidated 2,500 / Individual 2,200（Consolidated -32.4 / Individual -35.3） |
| Net income per share | Consolidated 141.95 / Individual 130.44 → Consolidated 95.82 / Individual 84.32 |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 15 May 2025 |
| Previous-period results | Consolidated Net Sales 70,716 / Operating profit 2,266 / Ordinary income 2,696 / Profit attributable to owners of the parent 2,164 / Net income per share 83.07 / Individual Net Sales 65,164 / Operating profit 1,809 / Ordinary income 2,253 / Net income for the current fiscal year 1,810 / Net income per share 69.47 |
| Reason for the revision | Although the performance of the European consolidated subsidiary is expected to be weaker than anticipated, operating income and ordinary income are expected to exceed the previous forecasts because maintenance services for thermal power plants and the biomass fuel supply business have grown more strongly than expected, and the settlement of costs related to a large solar-related construction contract completed in the previous fiscal year also contributed. Net income attributable to owners of the parent is expected to fall below the previous forecast because a litigation settlement payment will be recorded as an extraordinary loss. |
| Details and amount of extraordinary loss | A litigation settlement payment will be recorded as an extraordinary loss. Amount: Not disclosed. |
| Dividend forecast revision | No change. The year-end dividend is expected to be ¥19 per share, resulting in an annual dividend of ¥38 per share. |
| Consolidated / non-consolidated | Consolidated and non-consolidated |
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Although the performance of the European consolidated subsidiary is below expectations, maintenance services for thermal power plants and the biomass fuel supply business have grown more strongly than expected. The settlement of costs related to a large solar-related construction contract completed in the previous fiscal year also contributed, prompting upward revisions to operating income and ordinary income. Meanwhile, net income attributable to owners of the parent has been revised downward because a litigation settlement payment will be recorded as an extraordinary loss.