Revised forecast
Fiscal year ending December 2026 · Second quarter (interim period)Previous forecast published Dated 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.
Construction material prices rose amid the weaker-yen trend, while shortages and delivery delays caused by the situation in the Middle East, together with customers becoming more cautious in their investment decisions due to further interest-rate increases, resulted in delays in construction progress and the postponement of orders for certain projects. Interim net income exceeded the previous forecast due to the effects of tax-effect accounting, while the extraordinary loss will not arise because it will be offset against loss compensation.
The ¥64 million extraordinary loss associated with the relocation of the head office will be offset against the ¥700 million advance payment of loss compensation received in July 2026, and therefore will not arise during the accounting period for the second quarter of the fiscal year ending December 2026.
| Item | Details |
|---|---|
| Net Sales | ¥25,317 million → ¥22,657 million（-10.5%） |
| Operating profit | ¥1,164 million → ¥823 million（-29.3%） |
| Ordinary income | ¥1,204 million → ¥879 million（-27.0%） |
| Profit attributable to owners of the parent | 609 million yen (interim net income) → 665 million yen (interim net income)（+9.4%） |
| Net income per share | 53.58 yen and sen (interim net income) → 58.54 yen and sen (interim net income) |
| Fiscal Period Covered | Fiscal year ending December 2026 |
| Period Covered | Second quarter (interim period) |
| Publication date of previous forecast | Dated 13 February 2026 |
| Previous-period results | Net sales: ¥25,882 million; operating profit: ¥1,637 million; ordinary profit: ¥1,586 million; interim net income attributable to owners of the parent: ¥961 million; interim net income per share: ¥93.52 |
| Reason for the revision | Construction material prices rose amid the weaker-yen trend, while shortages and delivery delays caused by the situation in the Middle East, together with customers becoming more cautious in their investment decisions due to further interest-rate increases, resulted in delays in construction progress and the postponement of orders for certain projects. Interim net income exceeded the previous forecast due to the effects of tax-effect accounting, while the extraordinary loss will not arise because it will be offset against loss compensation. |
| Details and amount of extraordinary loss | The ¥64 million extraordinary loss associated with the relocation of the head office will be offset against the ¥700 million advance payment of loss compensation received in July 2026, and therefore will not arise during the accounting period for the second quarter of the fiscal year ending December 2026. |
| 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.Construction material prices rose amid the weaker-yen trend, while shortages and delivery delays caused by the situation in the Middle East delayed construction progress. In addition, rising interest rates made customers more cautious in their investment decisions, resulting in the postponement of orders for certain projects. Interim net income exceeded the previous forecast due to the effects of tax-effect accounting, while the extraordinary loss is not expected to arise because it will be offset against loss compensation.