At the Board of Directors meeting held on 2026\/11\/10, the full-year earnings forecast for the fiscal year ending March 2027 was revised upward, and the interim dividend was raised to 42.5 yen, the year-end dividend to 42.5 yen, resulting in an annual dividend of 85 yen. Net sales are expected to be 355,000 hundred million yen, down \u25b21.4% from the previous forecast, while operating income is expected to increase by 17.1%, ordinary income by 16.8%, and net income by 13.8%. Order intake forecast was revised upward, and a dividend payout ratio target of 40% or more is set.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"1885","jir_company_name":"TOA Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-11-10","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/11\/1885-20261110-01.pdf","jir_short_summary":"At the Board of Directors meeting held on 2026\/11\/10, the full-year earnings forecast for the fiscal year ending March 2027 was revised upward, and the interim dividend was raised to 42.5 yen, the year-end dividend to 42.5 yen, resulting in an annual dividend of 85 yen. Net sales are expected to be 355,000 hundred million yen, down \u25b21.4% from the previous forecast, while operating income is expected to increase by 17.1%, ordinary income by 16.8%, and net income by 13.8%. Order intake forecast was revised upward, and a dividend payout ratio target of 40% or more is set.","jir_summary":"### Revision of Earnings Outlook\nWhile net sales are expected to fall short of the previous forecast due to delays in orders in the domestic building business, operating income, ordinary income, and net income are expected to increase owing to steady project backlogs in the domestic civil engineering and overseas businesses. Both consolidated and non-consolidated forecasts have been revised upward.\n\n### Dividend Policy and Shareholder Return\nThe interim dividend is increased to 42.5 yen per share, and the year-end dividend forecast is raised to 42.5 yen, resulting in an annual dividend of 85 yen including the interim dividend. The company aims for a dividend payout ratio of 40% or more as a medium-term plan target to promote stable shareholder returns.","jir_financial_highlights":"Net Sales: 355,000 hundred million yen (Previous forecast 355,000 hundred million yen \u2192 Revised 355,000 hundred million yen (\u25b21.4%))\nOperating Income: 24,700 million yen (Previous forecast 21,100 million yen \u2192 Revised 24,700 million yen (+17.1%))\nOrdinary Income: 24,300 million yen (Previous forecast 20,800 million yen \u2192 Revised 24,300 million yen (+16.8%))\nNet Income Attributable to Owners of Parent: 16,500 million yen (Previous forecast 14,500 million yen \u2192 Revised 16,500 million yen (+13.8%))\nNet Income Per Share: 210.01 yen (Previous forecast 181.07 yen \u2192 Revised 210.01 yen (+16.4%))","jir_category":"","jir_hashtags":"#TOACorporation, #EarningsRevision, #DividendIncrease","jir_key_figures":"Net Sales: 355,000 hundred million yen\nOperating Income: 24,700 million yen\nNet Income: 16,500 million yen\nNet Income Per Share: 210.01 yen\nAnnual Dividend: 85 yen","jir_meta_title":"TOA Corporation Revises Earnings Forecast and Raises Interim and Year-end Dividends\uff5cFY2027","jir_meta_description":"TOA Corporation announced at the November 10, 2026 board meeting revisions to its earnings forecast and dividends: interim dividend 42.5 yen, year-end dividend 42.5 yen, annual dividend 85 yen. While net sales are expected to decline versus prior guidance, profits have been revised upward. Order outlook and a dividend payout ratio target of 40%+ are indicated.","jir_og_title":"TOA Corporation Announces Earnings Forecast Revision and Dividend Increase","jir_og_description":"TOA Corporation revised its FY2027 earnings forecast and approved increases to the interim and year-end dividends to 42.5 yen each. Profits are expected to beat prior guidance, with a target dividend payout ratio of 40%+.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":8848,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-146085","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n