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

Overview of Financial Results

Consolidated financial results for the fiscal year ending March 2026 showed a slight increase in net sales to 272.468 billion yen (up 0.6% YoY). Operating income increased significantly to 21.421 billion yen (up 33.5% YoY), ordinary income rose to 22.639 billion yen (up 47.4% YoY), and net income attributable to owners of the parent grew substantially to 17.81 billion yen (up 65.4% YoY). The profit growth was primarily driven by steady progress in indoor wiring construction, improved construction profitability, and gains from sales of policy-held shares. The company achieved the numerical targets of its medium-term management plan 2027 ahead of schedule.

Financial Condition and Dividend Status

At the end of the fiscal year ending March 2026, total assets increased to 312.053 billion yen compared to the previous term, liabilities decreased to 158.882 billion yen, and net assets increased to 153.17 billion yen, resulting in an improved equity ratio of 49.1%. Regarding dividends, the company follows a policy of profit return targeting a consolidated payout ratio of 40%, with an annual dividend set at 76 yen per share (an increase compared to the previous year). The same annual dividend of 76 yen per share is planned for the fiscal year ending March 2027.

Outlook

The consolidated earnings forecast for the fiscal year ending March 2027 anticipates net sales of 285.0 billion yen (up 4.6% YoY), operating income of 24.0 billion yen (up 12.0% YoY), and net income attributable to owners of the parent of 18.0 billion yen (up 1.1% YoY). While private-sector capital investment in the construction industry is expected to remain at a high level, careful attention is required regarding international circumstances and fluctuations in raw material prices. The company aims to expand earnings by focusing on growth areas such as carbon neutrality and DX-related businesses, as well as strengthening human resource acquisition and development.