FY2026 March Period Analyst Financial Results Briefing

Performance Overview

In FY25, revenue and profit increased driven by the integration of Mitsui Sumitomo Construction and business growth. Maeda Corporation achieved record highs in order intake and gross profit. For FY26, we expect revenue of 1,366 billion yen, operating income of 77.8 billion yen, and net income of 60.0 billion yen, projecting a record-high revenue. Segments including construction, civil engineering, infrastructure operation, paving, and machinery all aim for revenue and profit growth. Dividends are set at 50 yen mid-term and 50 yen at year-end, totaling 100 yen/share, with an increase in the minimum dividend.

Capital Strategy and Shareholder Returns

Although ROE is expected to decline from FY25 actual 16.0% to FY26 forecast 11.1%, efforts will be made to improve profit margins to achieve the medium-term plan target. The equity ratio will be maintained at over 30%, ensuring financial discipline. Politically held shares will be reduced to zero by FY27, and sales of owned real estate will be advanced. The dividend payout ratio will remain high at 40.6% in FY25 and an estimated 43.6% in FY26, actively returning profits to shareholders.