Financial Summary for the Second Quarter (Interim) of Fiscal Year Ending March 2027

Overview of Results

For the interim period of the fiscal year ending March 2027, consolidated net sales amounted to 397,980 million yen (5.0% increase), operating income was 32,417 million yen (25.5% increase), ordinary income was 30,540 million yen (21.5% increase), and net income attributable to owners of the parent amounted to 19,834 million yen (15.8% increase). By segment, domestic civil engineering performed steadily, domestic building saw improved profitability, and overseas construction recorded losses due to large-scale projects. Total assets were 867,622 million yen, net assets were 201,310 million yen, and the equity ratio remained stable at 23.1%.

Outlook and Capital Policy

The full-year outlook has been revised upward based on the forecast announced on May 8, 2026, with net sales to 818,000 million yen, operating income to 63,000 million yen, ordinary income to 56,000 million yen, and net income attributable to owners of the parent to 38,000 million yen (earnings per share: 141.40 yen). The year-end dividend will be announced at the fiscal year-end announcement with a target consolidated payout ratio of 40% or more. The company has also referenced treasury stock acquisition in prior financial summaries and intends to improve capital efficiency.