Wakachiku Construction Co., Ltd.
Notice on Revision of Full-Year Earnings Guidance and Dividend Forecast
For the fiscal year ending March 2026, consolidated net sales have been upwardly revised to 105.6 billion yen (up 5.0% from previous forecast), operating income to 6.35 billion yen (up 10.4%), and net income attributable to owners of parent to 4.1 billion yen (up 10.8%), with the dividend also increased by 1 yen to 132 yen per share.
Key Figures
- Consolidated Net Sales: 105,600 million yen (Increase of 5,000 million yen, 5.0% up from previous forecast)
- Consolidated Operating Income: 6,350 million yen (Increase of 600 million yen, 10.4% up from previous forecast)
- Net Income Attributable to Owners of Parent: 4,100 million yen (Increase of 400 million yen, 10.8% up from previous forecast)
AI要約
Details of Revision to Earnings Guidance
Wakachiku Corporation has upwardly revised its consolidated and individual earnings forecasts for the fiscal year ending March 2026. Consolidated net sales increased by 5 billion yen (5.0%) from the prior forecast of 100.6 billion yen to 105.6 billion yen, while operating income rose by 600 million yen (10.4%) from 5.75 billion yen to 6.35 billion yen. Ordinary income and net income attributable to owners of parent are also expected to increase by 11.5% and 10.8% respectively. The individual business forecasts were similarly revised upward for net sales, ordinary income, and net income. The increase in net sales is primarily due to a high progress rate of construction projects leading to greater completed construction revenue, while the profit improvement is driven by improved profitability of ongoing projects, resulting in a higher gross profit margin on completed construction contracts.
Revision to Dividend Forecast and Future Outlook
Regarding the dividend forecast, the year-end dividend has been revised upward by 1 yen from 131 yen to 132 yen per share. Accordingly, the standalone DOE is expected to exceed 3.6%, and the payout ratio is estimated at 42.0%. The dividend increase reflects a comprehensive consideration of the upward revision to the full-year earnings forecast and the future business environment, with formal approval scheduled at the board meeting in May 2026. It should be noted that the earnings and dividend forecasts are based on information currently available and may be subject to change depending on future circumstances.
