Matsui Construction surged in afternoon trading, raising its consolidated earnings forecasts for the fiscal year ending March 2027 to revenue of ¥100.5 billion, operating profit of ¥7.2 billion and net income of ¥5.4 billion, and its year-end dividend to ¥60, with its annual dividend forecast raised to ¥95.
Matsui Construction raised its consolidated earnings forecasts for the fiscal year ending March 2027 during afternoon trading. Revenue was raised from ¥96.0 billion to ¥100.5 billion, up 4.6% year on year, operating profit from ¥5.4 billion to ¥7.2 billion, up 27.2%, and net income from ¥4.0 billion to ¥5.4 billion, up 24.1%; the year-end dividend was changed from ¥35 to ¥60, and the annual dividend forecast from ¥78 to ¥95.
The revision reflects steady progress on construction projects carried forward from the previous fiscal year and the contribution from construction projects received at the beginning of the fiscal year, as well as an improvement in gross profit from lower costs on large-scale projects received in prior fiscal years.
The interim results for the six months ended September, announced at the same time, were revenue of ¥45.123 billion, down 2.5% from the same period of the previous year, operating profit of ¥3.418 billion, up 32.7%, and net income of ¥2.665 billion, up 35.7%.