Financial Summary for the Fiscal Year Ending March 2026 [Japanese Standards] (Consolidated)

Performance Overview

For the fiscal year ending March 2026, consolidated net sales were 227,850 million yen (2.7% YoY increase), operating income was 26,180 million yen (20.7% YoY increase), and ordinary income was 27,474 million yen (17.2% YoY increase). Net income attributable to owners of parent was 18,482 million yen, a 7.1% decrease YoY. The increase in net sales was supported by rises in indoor electrical work and distribution line work compensating for a decrease in information communication construction. Operating income rose significantly due to thorough cost control and improved construction efficiency. Net income declined due to the reversal of corporate tax reductions following the dissolution of an equity-method affiliate.

Dividend Status and Next Fiscal Year Earnings Outlook

The annual dividend for the current fiscal year was increased to 135 yen (compared to 120 yen in the previous year), with the year-end dividend set at 70 yen (versus 60 yen previously). For the next fiscal year ending March 2027, consolidated earnings forecasts are net sales of 245,000 million yen (7.5% YoY increase), operating income of 27,000 million yen (3.1% YoY increase), ordinary income of 29,500 million yen (7.4% YoY increase), and net income attributable to owners of parent of 19,700 million yen (6.6% YoY increase). The dividend is expected to be 140 yen annually (70 yen interim, 70 yen year-end), targeting a DOE of 3.0%.