{"id":46567,"date":"2026-05-11T15:19:52","date_gmt":"2026-05-11T06:19:52","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/1929-20260511-04_wp_business_update\/"},"modified":"2026-05-11T15:19:52","modified_gmt":"2026-05-11T06:19:52","slug":"1929-20260511-04_wp_business_update","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-1929\/ir\/1929-20260511-04_wp_business_update\/","title":{"rendered":"Development of the Medium-Term Management Plan 2026 (Fiscal Year 2026 to 2028)"},"content":{"rendered":"<p>Nittoku Construction has formulated a medium-term management plan for fiscal years 2026 to 2028, aiming for an average sales of over 81.5 billion yen and operating profit of over 5.7 billion yen over three years, focusing on investment in human capital and establishing a stable profit generation system and growth structure.<\/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,"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":"1929","jir_company_name":"Nittoku Construction Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-05-11","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/05\/1929-20260511-04.pdf","jir_short_summary":"Nittoku Construction has formulated a medium-term management plan for fiscal years 2026 to 2028, aiming for an average sales of over 81.5 billion yen and operating profit of over 5.7 billion yen over three years, focusing on investment in human capital and establishing a stable profit generation system and growth structure.","jir_summary":"### Overview of the Medium-Term Management Plan\nNittoku Construction Co., Ltd. has formulated the Medium-Term Management Plan 2026 covering three years from fiscal year 2026 (ending March 2027) to fiscal year 2028. In past medium-term plans, the focus was on scale expansion through capital investment and shareholder returns. However, issues such as large fluctuations in performance and human resource acquisition challenges have become apparent. Therefore, this plan places emphasis on \u2018investment in human capital\u2019 and aims to establish a structure and capability that can steadily generate profits and continue growth. With increasing demand driven by infrastructure reinforcement for national resilience and large-scale repairs of aging infrastructure, the company will strengthen on-site capabilities to achieve sustainable and stable growth.\n\n### Main Goals and Strategies\nFinancial targets include an average sales of over 81.5 billion yen and operating profit of over 5.7 billion yen over three years, with fiscal year 2028 targets of ROIC and ROE both at 10% or higher, PBR of 1.5 times or higher, and an EBITDA of 6.0 billion yen (average over 3 periods). Business strategy will leverage the company's 80% share of domestic dam construction technology, strengthening areas such as slope work, foundation and ground improvement, and renovation work, while also exploring and establishing new businesses. To enhance human capital, efforts will focus on developing 'autonomous human resources,' promoting DX, and strengthening the management foundation. Shareholder returns will continue with progressive dividends, maintaining current dividend payout ratios (DOE).","jir_financial_highlights":"Sales: Average over 3 years: over 81.5 billion yen (Unknown)\nOperating profit: Average over 3 years: over 5.7 billion yen (Unknown)\nROIC: 10% or higher (fiscal year 2028) (Unknown)\nROE: 10% or higher (fiscal year 2028) (Unknown)\nPBR: 1.5 times or higher (fiscal year 2028) (Unknown)\nEBITDA: Average over 3 periods: 6.0 billion yen (Unknown)","jir_category":"","jir_hashtags":"#NittokuConstruction, #MediumTermManagementPlan, #ConstructionIndustry, #BusinessStrategy","jir_key_figures":"Average over 3 years: over 81.5 billion yen in sales\nAverage over 3 years: over 5.7 billion yen in operating profit\nROIC in fiscal year 2028: 10% or higher\nROE in fiscal year 2028: 10% or higher\nPBR in fiscal year 2028: 1.5 times or higher\nAverage EBITDA over 3 periods: 6.0 billion yen","jir_meta_title":"\u3010Nittoku Construction\u3011Medium-Term Management Plan 2026\uff5cSales Target over 81.5 billion yen\uff5cMay 2026","jir_meta_description":"Nittoku Construction Co., Ltd. has formulated the Medium-Term Management Plan for fiscal years 2026 to 2028, aiming for an average sales of over 81.5 billion yen and operating profit over 5.7 billion yen through investment in human capital and new business development to achieve sustainable growth.","jir_og_title":"\u3010Nittoku Construction\u3011Medium-Term Management Plan 2026\uff5cSales Target over 81.5 billion yen","jir_og_description":"Nittoku Construction has announced its medium-term management plan starting from fiscal year 2026. The plan aims for stable revenue growth and strengthening human capital, focusing on sustainable development.","jir_og_image_url":"\/assets\/og\/company-business_update.jpg","jir_chart_data_collection":"[]","ir_related_company":17286,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"business_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-46567","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Development of the Medium-Term Management Plan 2026 (Fiscal Year 2026 to 2028) - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-1929\/ir\/1929-20260511-04_wp_business_update\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-1929\/ir\/1929-20260511-04_wp_business_update\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-1929\/ir\/1929-20260511-04_wp_business_update\/\",\"name\":\"Development of the Medium-Term Management Plan 2026 (Fiscal Year 2026 to 2028) - Japan IR\",\"isPartOf\":{\"@id\":\"https:\/\/japanir.jp\/en\/#website\"},\"datePublished\":\"2026-05-11T06:19:52+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-1929\/ir\/1929-20260511-04_wp_business_update\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/japanir.jp\/en\/company\/company-1929\/ir\/1929-20260511-04_wp_business_update\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-1929\/ir\/1929-20260511-04_wp_business_update\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/japanir.jp\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Development of the Medium-Term Management Plan 2026 (Fiscal Year 2026 to 2028)\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/japanir.jp\/en\/#website\",\"url\":\"https:\/\/japanir.jp\/en\/\",\"name\":\"Japan IR\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/japanir.jp\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Development of the Medium-Term Management Plan 2026 (Fiscal Year 2026 to 2028) - Japan IR","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/japanir.jp\/en\/company\/company-1929\/ir\/1929-20260511-04_wp_business_update\/","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/japanir.jp\/en\/company\/company-1929\/ir\/1929-20260511-04_wp_business_update\/","url":"https:\/\/japanir.jp\/en\/company\/company-1929\/ir\/1929-20260511-04_wp_business_update\/","name":"Development of the Medium-Term Management Plan 2026 (Fiscal Year 2026 to 2028) - Japan IR","isPartOf":{"@id":"https:\/\/japanir.jp\/en\/#website"},"datePublished":"2026-05-11T06:19:52+00:00","breadcrumb":{"@id":"https:\/\/japanir.jp\/en\/company\/company-1929\/ir\/1929-20260511-04_wp_business_update\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/japanir.jp\/en\/company\/company-1929\/ir\/1929-20260511-04_wp_business_update\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/japanir.jp\/en\/company\/company-1929\/ir\/1929-20260511-04_wp_business_update\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/japanir.jp\/en\/"},{"@type":"ListItem","position":2,"name":"Development of the Medium-Term Management Plan 2026 (Fiscal Year 2026 to 2028)"}]},{"@type":"WebSite","@id":"https:\/\/japanir.jp\/en\/#website","url":"https:\/\/japanir.jp\/en\/","name":"Japan IR","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/japanir.jp\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"related_company_data":{"id":"17286","title":"NITTOC CONSTRUCTION CO","ticker":"1929"},"_links":{"self":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/ir-release\/46567","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/ir-release"}],"about":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/types\/ir_release"}],"replies":[{"embeddable":true,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/comments?post=46567"}],"version-history":[{"count":0,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/ir-release\/46567\/revisions"}],"wp:attachment":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/media?parent=46567"}],"wp:term":[{"taxonomy":"sector","embeddable":true,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/sector?post=46567"},{"taxonomy":"importance","embeddable":true,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/importance?post=46567"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}