Tsuchiya Holdings Co., Ltd.
Notice Regarding Revisions to the Forecast for the Full Year
Full-year forecast for the October period downwardly revised. Net salesは 33,500 million yen, down 1,500 million yen from the prior forecast; operating income, ordinary income, and net income attributable to owners of the parent revised to 0 million yen. Year-end dividend per share to remain at 10 yen. Factors include decreased orders and profit deterioration in the housing and remodeling businesses, and impacts of material supply and construction delays.
Key Figures
- Net sales: 33,500 million yen
- Operating income: 0 million yen
- Ordinary income: 0 million yen
AI要約
Overview of results
The full-year forecast revision reflects reduced demand in the housing and remodeling businesses, longer project durations, and supply instability of materials caused by regional tensions, leading to downside revisions to sales and profit at each level. Cautious housing market activity and delays in web marketing have also impacted orders and delivery figures, resulting in a noticeable shortfall against plan.
Outlook and dividends
In line with the full-year revision, the year-end dividend is planned to remain at 10 yen per share as previously announced. While efforts to reduce selling, general, and administrative expenses are ongoing, declines in housing and remodeling revenue and higher costs hinder a quick recovery. A recovery will hinge on demand trends and improvements in material supply.
Tsuchiya Holdings Co., Ltd.
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