Shin Nippon Air Technologies Co., Ltd.
Fiscal Year Ending March 2027 — Second Quarter Financial Presentation
Completed construction revenue increased 8.1% year-over-year. Operating income and ordinary income decreased. Interim net income increased due to gain on sale of investment securities. Profitability improved in Q2 on a standalone basis; full-year forecast unchanged. Dividend at fiscal year-end 2027 is planned at 60 yen, annual 120 yen. Share buyback authorized up to 1,000,000 shares and 3,500 million yen.
Key Figures
- Orders received (construction): 112,520 million yen (Cumulative for Q2)
- Completed construction revenue: 70,118 million yen (First half)
- Interim net income: 5,365 million yen (Year-over-Year +34.7%)
AI要約
Overview of Results
Consolidated results for the second quarter showed an increase in orders received compared with the previous fiscal year, and completed construction revenue also rose. However, operating income and ordinary income declined due to increased performance-linked bonus provisions. Interim net income exceeded the prior year due to the recording of a gain on sale of investment securities. The full-year forecast remains unchanged. Backlog increased due to the accumulation of large projects.
Shareholder Returns and Capital Policy Trends
The dividend policy under the mid-term plan Phase III sets DOE 5% as the lower bound and continues progressive dividends through fiscal 2029. The annual dividend for fiscal 2027 is planned at 120 yen. A share buyback will be conducted via market purchases on the Tokyo Stock Exchange up to 1,000,000 shares and up to 3,500 million yen (purchase period: 2026/11/13–2027/3/31).
Shin Nippon Air Technologies Co., Ltd.
Company overview · Stock price · Financial data · All IR