Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated)

Overview of Performance

The consolidated results for the fiscal year ending March 2026 show net sales of 138.428 billion yen (up 5.1% YoY), operating profit of 20.405 billion yen (up 11.4% YoY), ordinary income of 20.771 billion yen (up 13.1% YoY), and net income attributable to owners of parent of 15.224 billion yen (up 18.8% YoY). In the construction business, despite ongoing labor shortages and rising material costs, the value of completed construction amounted to 83.620 billion yen, and sales from development projects and other segments reached 54.87 billion yen, maintaining steady growth. Earnings per share were 260.30 yen.

Financial Position and Cash Flows

Total assets increased by 12.341 billion yen to 185.296 billion yen from the end of the previous period, and net assets grew by 12.234 billion yen to 134.547 billion yen. The equity ratio rose to 72.6%. Cash flows from operating activities amounted to a positive 17.244 billion yen, cash flows from investing activities were a negative 7.555 billion yen, and cash flows from financing activities were a negative 3.517 billion yen. The balance of cash and cash equivalents at the end of the period is 54.824 billion yen.

Dividend Situation

The annual dividend for the fiscal year ending March 2026 is scheduled to be 37 yen (30 yen at the end of the period, and 30 yen for the second quarter), totaling 3.918 billion yen in dividends, with a payout ratio of 25.7% and a dividend yield on net assets of 3.1%. The dividend forecast for the fiscal year ending March 2027 is an annual total of 77 yen (39 yen at the end of the period and 38 yen for the second quarter).

Earnings Forecast for the Fiscal Year Ending March 2027

For the fiscal year ending March 2027, the consolidated performance is expected to be net sales of 156.0 billion yen (up 12.7% YoY), operating profit of 25.5 billion yen (up 25.0% YoY), ordinary income of 26.0 billion yen (up 25.2% YoY), net income attributable to owners of parent of 17.5 billion yen (up 14.9% YoY), and earnings per share of 299.20 yen.