Makoto Construction Co., Ltd. (TSE: 8995) has revised its earnings forecast for the fiscal period ending March 31, 2026, citing weaker-than-expected sales and resulting profit declines.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 3.22bn | JPY 3.13bn | -2.8% |
| Operating Profit | JPY 110M | JPY 41M | -62.7% |
| Ordinary Income | JPY 90M | JPY 37M | -58.9% |
| Net Profit | JPY 60M | JPY 25M | -58.3% |
| EPS | JPY 29.82/share | JPY 12.50/share | JPY -17.32/share |
The company attributed the revision to delays in residential property deliveries due to buyer-related issues, which led to lower-than-anticipated revenue. Furthermore, discounting some properties to meet sales targets resulted in reduced profitability.
The revised forecast reflects a significant decline in both revenue and profits, driven by the softness of the housing market and the necessity of price adjustments. Investors should closely monitor future performance as the company navigates these challenges.