Kajima Corporation raised its full-year ordinary profit forecast from ¥206 billion to ¥225 billion, an increase of 9.2% from its previous forecast. It announced a new plan incorporating its second-half outlook.
Kajima Corporation released its earnings report on 11 November. Ordinary profit for the cumulative second quarter of the fiscal year ending March 2027 declined to ¥101 billion, while its full-year ordinary profit forecast was raised from ¥206 billion to ¥225 billion. The full-year outlook indicates that the decline from the previous fiscal year’s actual ordinary profit of ¥240.4 billion is expected to narrow.
The primary reason for the revision was an upward revision to the standalone earnings forecast, with operating profit and ordinary profit both expected to exceed the previous forecasts. Net income attributable to owners of the parent is forecast at ¥170 billion, reflecting expected increases in construction revenue and the gross profit margin. The number of overseas divestitures is expected to decline following changes to the disposal plans for overseas affiliates.
For the most recent 3 months, consolidated ordinary profit for July–September declined 14.8% year on year to ¥56.6 billion, while the operating margin deteriorated from 9.8% to 8.8%.
For the second-half outlook for the current fiscal year, consolidated ordinary profit for October–March is estimated at ¥123.9 billion, down 8.2% year on year.