Taisei Corporation
Notice Regarding Revision of Earnings Guidance and Dividend Forecast
Consolidated operating income for the fiscal year ending March 2026 has been revised upward by 24.3% from the previous forecast to 184,000 million yen, and net income attributable to owners of parent has been revised up by 21.9% to 167,000 million yen. The dividend forecast has been increased to an annual dividend of 310 yen.
Key Figures
- Consolidated Operating Income: 184,000 million yen (Up 24.3% from previous forecast)
- Net Income Attributable to Owners of Parent: 167,000 million yen (Up 21.9% from previous forecast)
- Annual Dividends: 310 yen (Up 60 yen from previous forecast)
AI要約
Reasons for Revising Earnings Guidance
The non-consolidated earnings forecast for the fiscal year ending March 2026 projects net sales exceeding the previous forecast by 23 billion yen due to steady progress in large-scale domestic construction projects. Operating income is expected to increase by 33 billion yen due to improved profit margins in civil engineering and construction businesses. Ordinary income is projected to increase by 36 billion yen, and net income by 30 billion yen. The gross profit margin on completed construction contracts is improved to 15.0% (civil engineering 23.0%, construction 11.9%) from the previous forecast. The consolidated earnings forecast was also revised upward reflecting solid non-consolidated performance and strong results from domestic subsidiaries, adjusting operating income, ordinary income, and net income attributable to owners of parent.
Revision of Dividend Forecast and Shareholder Return Policy
The dividend forecast has been revised based on the updated earnings forecast, raising the year-end dividend to 185 yen per share, resulting in an annual dividend forecast of 310 yen, an increase of 60 yen from the previous forecast. Taisei Corporation's basic policy on shareholder returns is to maintain financial discipline and secure funds for growth investment while providing flexible shareholder returns through share buybacks and other methods, assuming a minimum payout ratio of 30%.
