Yamato revised its consolidated earnings forecast for the fiscal year ending March 2027, raising its net profit forecast from ¥4.3 billion to ¥5.0 billion. Revenue remains unchanged at ¥55 billion.
Yamato, a construction production company, revised its earnings forecast for the consolidated results for the fiscal year ending March 2027. While maintaining its previous revenue forecast, the company set its net profit forecast at ¥5.0 billion, up from the previous forecast of ¥4.3 billion.
The reported reasons behind the new forecast include an improvement in order profit margins, lower construction cost ratios and gains on the sale of investment securities. The company’s profit level is consequently expected to improve, according to reports.