First-corporation Inc.
【First Corporation】2026 Financial Results｜Sales of ¥3.64 billion (YoY -15.7%)
For the fiscal year ending May 2026, consolidated sales were ¥36,417 million (YoY -15.7%), operating profit was ¥2,896 million (+12.3%), and net income attributable to owners of the parent was ¥1,882 million (+12.8%). Segment-wise, the construction business performed well due to increased orders and steady progress on ongoing projects, while the real estate business saw a decline in sales despite strong sales profit. The next fiscal year is projected to achieve increased revenue and profit.
Key Figures
- Sales: ¥36,417 million (YoY -15.7%)
- Operating profit: ¥2,896 million (YoY +12.3%)
- Net income: ¥1,882 million (YoY +12.8%)
AI要約
Overview of Business Performance
For the fiscal year ending May 2026, consolidated sales were ¥36,417 million, a decrease of 15.7% YoY, but operating profit increased by 12.3% to ¥2,896 million, and net income attributable to owners of the parent increased by 12.8% to ¥1,882 million. The construction segment remained strong due to increased orders and smooth progress on ongoing projects, while the real estate segment experienced a decline in sales by 56.5%, although sales profit remained strong. For the next fiscal year, the company forecasts sales of ¥44,000 million and net income of ¥2,070 million.
Outlook and Impact on Shareholders
Under the medium-term management plan 'First VISION 2031', the company aims for sales of ¥50 billion and ¥100 billion, focusing on improving capital profitability. For the next fiscal year, the company anticipates continued sales growth and profit expansion, with dividends scheduled at ¥48 per share. Despite challenging external conditions, efforts will be made to secure orders and proceed with construction to sustain growth.
First Corporation Inc.
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