Revised forecast
Fiscal year ending September 2026 · Full yearPrevious forecast published 14 November 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.
Orders received in the first half declined more than expected due to delays in the enactment of this fiscal year's budget for public works and the resulting delays in the timing of project orders. In addition, higher personnel expenses and other input costs affected profit.
| Item | Details |
|---|---|
| Net Sales | ¥45,000 million → ¥42,000 million（-6.7%） |
| Operating profit | ¥3,000 million → ¥2,600 million（-13.3%） |
| Ordinary income | ¥3,070 million → ¥2,670 million（-13.0%） |
| Profit attributable to owners of the parent | ¥2,030 million → ¥1,660 million（-18.2%） |
| Net income per share | 111.54 yen and sen → 91.22 yen and sen |
| Fiscal Period Covered | Fiscal year ending September 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 14 November 2025 |
| Previous-period results | Net sales: ¥41,591 million; operating profit: ¥2,856 million; ordinary profit: ¥3,023 million; net income attributable to owners of the parent: ¥1,803 million; net income per share: ¥99.09 (fiscal year ended September 2025) |
| Reason for the revision | Orders received in the first half declined more than expected due to delays in the enactment of this fiscal year's budget for public works and the resulting delays in the timing of project orders. In addition, higher personnel expenses and other input costs affected profit. |
| Dividend forecast revision | No change. The year-end dividend is ¥24 per share, and the annual dividend, including the interim dividend, is ¥44 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.The enactment of this fiscal year's budget for public works and the timing of project orders were delayed, causing first-half orders received to fall below expectations and net sales to decline. In addition, higher personnel expenses and other input costs are expected to weigh on profit.