Fulltech Co.Ltd.
Notice of Revision to Earnings Guidance and Year-end Dividend Forecast
Revised down consolidated earnings guidance for the fiscal year ending December 2026 to net sales of 13,450 million yen, operating income of 190 million yen, ordinary income of 270 million yen, net income attributable to owners of parent of 190 million yen, and earnings per share of 35.95 yen. Year-end dividend forecast revised to 22 yen and annual dividend to 32 yen. Causes include delays in construction schedules of new projects and margin deterioration; overall results fell short despite SG&A cost controls. Prior fiscal year results: net sales 13,566 million yen, net income 250 million yen.
Key Figures
- Net Sales: 13,450 million yen
- Operating Income: 190 million yen
- Ordinary Income: 270 million yen
AI要約
Overview of Revision to Earnings Guidance
Consolidated earnings guidance for the fiscal year ending December 2026 has been revised downward. Net sales are expected to fall short mainly due to prolonged construction periods and delays in completion timing for new projects in the automatic door and door fittings businesses. Gross profit declined significantly due to an increase in large loss-making projects in the door fittings segment and reduced renewal sales in the automatic door segment, despite SG&A reductions not falling short of plan. By segment, the automatic door-related business is below plan, and the door fittings business also experienced deteriorating profitability due to delayed completion timing.
Dividend Policy and Impact
The year-end dividend is reduced by 2 yen from the previous forecast of 24 yen to 22 yen. The annual dividend is expected to be 32 yen. This reflects the basic policy of providing stable and sustainable returns while securing internal reserves.
Fulltech Co.Ltd.
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