Financial Supplementary Materials for the Fiscal Year Ending March 2026

Performance Overview

The consolidated net sales for the fiscal year ending March 2026 reached 54,327 million yen (up 2.2% YoY), setting a new record high. Operating income was 5,401 million yen (up 12.6% YoY), primarily driven by improved profitability. Net income attributable to owners of the parent amounted to 4,589 million yen (up 16.7% YoY). Despite a firm order environment, new orders were strategically restrained to optimize construction capacity, resulting in a 7.0% YoY decrease to 55,203 million yen. Segment-wise, construction sales were 53,741 million yen (up 2.1% YoY), and commercial facility operation sales were 585 million yen (up 10.3% YoY).

Earnings forecast for the Fiscal Year Ending March 2027

For the fiscal year ending March 2027, sales are projected to be 55,000 million yen (up 1.2% YoY), with plans to strengthen response capabilities for large-scale projects centered on industrialization. Operating income is expected to decline to 4,800 million yen (down 11.1% YoY) due to increased costs from larger projects, investments in Techno Park, human capital investments, and the impact of rising crude oil prices. Net income attributable to owners of the parent is forecasted at 4,300 million yen (down 6.3% YoY). Dividend policy will be increased from a payout ratio of 30% to 45%, with the dividend for FY2027 estimated at 77 yen (equivalent to a DOE of 4%), an increase of 17 yen from the previous year.