Fiscal Year Ending March 2026 Financial Results Summary 【Japanese Standards】 (Consolidated)

Overview of Results

The consolidated results for the fiscal year ending March 2026 show net sales of ¥358,697 million (an 8.5% increase YoY), operating income of ¥24,199 million (a 17.3% increase YoY), ordinary income of ¥24,600 million (a 22.6% increase YoY), and net income attributable to owners of the parent of ¥19,361 million (a 29.9% increase YoY). Orders and sales remained firm across segments such as domestic civil engineering, domestic construction, and overseas operations, contributing to improved profit margins. The financial condition maintained a healthy level with total assets of ¥305,435 million, net assets of ¥117,926 million, and a shareholders' equity ratio of 38.2%. Cash flows included a ¥48,006 million increase from operating activities, a ¥1,542 million decrease from investing activities, and a ¥39,122 million decrease from financing activities.

Outlook and Dividend Policy

The consolidated outlook for the fiscal year ending March 2027 estimates net sales of ¥360,000 million (a 0.4% increase YoY), operating income of ¥21,100 million (a 12.8% decrease YoY), ordinary income of ¥20,800 million (a 15.5% decrease YoY), and net income attributable to owners of the parent of ¥14,500 million (a 25.1% decrease YoY). Although order backlog is forecasted to decline to ¥292,000 million (down 13.8% YoY), the company plans to actively promote investments in digital transformation and human resources to strengthen its medium- to long-term growth foundation. The dividend for fiscal year 2026 is projected to total ¥62 per share, composed of ¥39 normal dividend and ¥23 special dividend, representing an increase. The company intends to maintain a dividend payout ratio of over 40% and continue stable dividends and shareholder returns.