Revised forecast
Fiscal year ending March 2026 · Full yearPrevious forecast published 13 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.
Consolidated and non-consolidated net sales are expected to fall below the previous forecasts because orders for large-scale construction projects in the special construction business have remained sluggish compared with the initial plan. Although manufacturing and selling costs have risen due to higher raw material prices, the impact of the weaker yen and increases in labor costs and other expenses, operating income and ordinary income are expected to exceed the initial forecasts. Net income attributable to owners of the parent on a consolidated basis and non-consolidated net income are expected to fall below the initial forecasts due to the recognition of an impairment loss.
Impairment loss of ¥340 million (¥340 million) under the Accounting Standard for Impairment of Fixed Assets
| Item | Details |
|---|---|
| Net Sales | Consolidated 10,000 / Individual 8,200 → Consolidated 9,890 / Individual 7,966（Consolidated -1.1% / Individual -2.8%） |
| Operating profit | Consolidated -90 / Individual Not disclosed → Consolidated -8 / Individual Not disclosed |
| Ordinary income | Consolidated 15 / Individual -30 → Consolidated 92 / Individual -27（Consolidated 514.8% / Individual Not disclosed） |
| Profit attributable to owners of the parent | Consolidated 100 / Individual 70 → Consolidated -141 / Individual -199 |
| Net income per share | Consolidated 56.85 / Individual 39.8 → Consolidated -80.37 / Individual -133.17 |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 13 November 2025 |
| Previous-period results | Consolidated Net Sales 10,297 / Operating profit -3 / Ordinary income 40 / Profit attributable to owners of the parent -208 / Net income per share -116.67 / Individual Net Sales 8,051 / Ordinary income -47 / Net income for the current fiscal year -232 / Net income per share -130.08 |
| Reason for the revision | Consolidated and non-consolidated net sales are expected to fall below the previous forecasts because orders for large-scale construction projects in the special construction business have remained sluggish compared with the initial plan. Although manufacturing and selling costs have risen due to higher raw material prices, the impact of the weaker yen and increases in labor costs and other expenses, operating income and ordinary income are expected to exceed the initial forecasts. Net income attributable to owners of the parent on a consolidated basis and non-consolidated net income are expected to fall below the initial forecasts due to the recognition of an impairment loss. |
| Details and amount of extraordinary loss | Impairment loss of ¥340 million (¥340 million) under the Accounting Standard for Impairment of Fixed Assets |
| Dividend forecast revision | No revision (the dividend forecast will not be revised in connection with this revision of the earnings forecast) |
| Consolidated / non-consolidated | Consolidated and standalone |
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Orders for large-scale construction projects in the special construction business, the Company’s core business, are expected to fall below plan, resulting in an expected decline in net sales. Although costs have increased due to higher raw material prices, the weaker yen and increases in labor costs and other expenses, operating income and ordinary income are expected to exceed the initial forecasts. Net income attributable to owners of the parent and non-consolidated net income are expected to fall below the forecasts because the Company expects to record an impairment loss of ¥340 million on fixed assets.