Shinnihon Corporation
[Shin-Nihon Construction] Revision of Interim Earnings Forecast for Fiscal Year Ending March 2027 | Raise in Dividends and Strong Construction Progress
Shin-Nihon Construction revised its consolidated earnings forecast for the second quarter of fiscal year ending March 2027 to 64,000 million yen, announcing an increase in dividends to 41 yen per interim dividend from the previous forecast. The improvement is expected due to steady construction progress and robust property sales.
Key Figures
- Sales: 64,000 million yen
- Net profit attributable to owners of the parent (interim): 6,400 million yen
- Basic interim net profit per share: 109 yen 42 sen
AI要約
Performance Overview
Shin-Nihon Construction revised its consolidated earnings forecast for the second quarter of fiscal year ending March 2027 to 64,000 million yen, with operating income expected to be 9,000 million yen and net profit attributable to owners of the parent at 6,400 million yen. The steady construction progress and property sales are expected to surpass both the previous year's results and the prior forecast. Consequently, the basic interim net profit per share is set at 109 yen 42 sen.
Revision of Dividend Forecast and Outlook
The company has increased its interim dividend forecast from 38 yen to 41 yen, with an annual dividend forecast of 80 yen. The dividend increase is based on strong performance and shareholder return policies, and the company intends to continue examining earnings trends for future dividend decisions. Improved construction progress and sales prospects also raise expectations for upward revisions of the full-year performance forecast.
Shin-Nihon Construction Co., Ltd.
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