Revised forecast
Fiscal year ending December 2026 · Full yearPrevious 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.
Delays in project starts, cancellations of construction plans and lower utilization occurred due to surging material prices and delivery delays caused by shortages of construction materials and customers postponing orders. The large number of low-margin projects in the fourth quarter, the exclusion from consolidation following the transfer of all shares in two subsidiaries, and the resulting gain or loss on the share transfers also had an impact.
| Item | Details |
|---|---|
| Net Sales | 58,000 Millions of yen → 43,000 Millions of yen（-25.9%） |
| Operating profit | 4,176 Millions of yen → 750 Millions of yen（-82.0%） |
| Ordinary income | 4,262 Millions of yen → 730 Millions of yen（-82.9%） |
| Profit attributable to owners of the parent | 2,579 Millions of yen → 500 Millions of yen（-80.6%） |
| Net income per share | ¥226.69 / sen → ¥43.72 / sen |
| Fiscal Period Covered | Fiscal year ending December 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | Dated 13 February 2026 |
| Previous-period results | Net sales ¥56,574 million, operating profit ¥4,033 million, ordinary profit ¥4,151 million, net income attributable to owners of the parent ¥2,081 million, earnings per share ¥201.98 (fiscal year ended December 2025) |
| Reason for the revision | Delays in project starts, cancellations of construction plans and lower utilization occurred due to surging material prices and delivery delays caused by shortages of construction materials and customers postponing orders. The large number of low-margin projects in the fourth quarter, the exclusion from consolidation following the transfer of all shares in two subsidiaries, and the resulting gain or loss on the share transfers also had an impact. |
| Dividend forecast revision | No change from ¥20 per share (no revision) |
| 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 addition to delays in project starts, cancellations of construction plans and lower utilization resulting from surging material prices and delivery delays caused by shortages of construction materials, as well as customers postponing orders, the forecast was affected by the large number of low-margin projects in the fourth quarter. The exclusion from consolidation following the transfer of all shares in two subsidiaries and the resulting gain or loss on the share transfers also had an impact.