Completed construction revenue increased 8.1% year-over-year. Operating income and ordinary income decreased. Interim net income increased due to gain on sale of investment securities. Profitability improved in Q2 on a standalone basis; full-year forecast unchanged. Dividend at fiscal year-end 2027 is planned at 60 yen, annual 120 yen. Share buyback authorized up to 1,000,000 shares and 3,500 million yen.<\/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":"1952","jir_company_name":"Shin Nippon Air Technologies Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-11-12","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/11\/1952-20261112-03.pdf","jir_short_summary":"Completed construction revenue increased 8.1% year-over-year. Operating income and ordinary income decreased. Interim net income increased due to gain on sale of investment securities. Profitability improved in Q2 on a standalone basis; full-year forecast unchanged. Dividend at fiscal year-end 2027 is planned at 60 yen, annual 120 yen. Share buyback authorized up to 1,000,000 shares and 3,500 million yen.","jir_summary":"### Overview of Results\nConsolidated results for the second quarter showed an increase in orders received compared with the previous fiscal year, and completed construction revenue also rose. However, operating income and ordinary income declined due to increased performance-linked bonus provisions. Interim net income exceeded the prior year due to the recording of a gain on sale of investment securities. The full-year forecast remains unchanged. Backlog increased due to the accumulation of large projects.\n\n### Shareholder Returns and Capital Policy Trends\nThe dividend policy under the mid-term plan Phase III sets DOE 5% as the lower bound and continues progressive dividends through fiscal 2029. The annual dividend for fiscal 2027 is planned at 120 yen. A share buyback will be conducted via market purchases on the Tokyo Stock Exchange up to 1,000,000 shares and up to 3,500 million yen (purchase period: 2026\/11\/13\u20132027\/3\/31).","jir_financial_highlights":"Completed construction revenue: 701 hundred million yen (Year-over-Year +8.1%)\nOrders received (construction): 1,911 hundred million yen (Year-over-Year +14.7%)\nOperating income: 44 hundred million yen (Year-over-Year -17.0%)\nOrdinary income: 53 hundred million yen (Year-over-Year -13.5%)\nInterim net income: 53 hundred million yen (Year-over-Year +34.7%)\nBacklog of construction: 1,911 hundred million yen (Year-over-Year +14.7%)","jir_category":"","jir_hashtags":"#SNK Vision 2030 Phase\u2162, #ShareBuyback, #Dividend, #EarningsPresentation","jir_key_figures":"Orders received (construction): 112,520 million yen (Cumulative for Q2)\nCompleted construction revenue: 70,118 million yen (First half)\nInterim net income: 5,365 million yen (Year-over-Year +34.7%)","jir_meta_title":"Shin Nippon Air Technologies Co., Ltd. \u2014 FY March 2027 Q2 Results | Revenue, Profit Trends and Shareholder Returns","jir_meta_description":"Summary of Shin Nippon Air Technologies Co., Ltd.'s FY March 2027 Q2 results: completed construction revenue +8.1% YoY, orders +14.7% YoY, operating profit down. Annual dividend 120 yen; share buyback authorized up to 1,000,000 shares and 3,500 million yen.","jir_og_title":"Shin Nippon Air Technologies Co., Ltd. \u2014 Key Points of Q2 Results | FY March 2027","jir_og_description":"Q2 highlights: increase in completed construction revenue, decrease in operating income, explanation of dividend policy and share buyback plan","jir_og_image_url":"\/assets\/og\/company-financial_summary.jpg","jir_chart_data_collection":"[{\"jir_chart_id\": \"revenue_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Revenue Trend\", \"jir_chart_json_data\": \"[{x:'2025-03', y:...}]\"}, {\"jir_chart_id\": \"operating_profit_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Operating Income Trend\", \"jir_chart_json_data\": \"[{x:'2025-03', y:...}]\"}, {\"jir_chart_id\": \"segment_revenue_breakdown\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Revenue by Segment\", \"jir_chart_json_data\": \"[{segment:'Standalone', value:...}, ...]\"}, {\"jir_chart_id\": \"margin_analysis\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Margin Analysis\", \"jir_chart_json_data\": \"[{acquired:'Gross Margin on Completed Construction', value:...}, ...]\"}, {\"jir_chart_id\": \"guidance_comparison\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Actual vs. Forecast Comparison\", \"jir_chart_json_data\": \"[{year:'2027', actual:..., forecast:...},...]\"}]","ir_related_company":9184,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-150146","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n