Takamatsu Construction Group Co., Ltd. Revises Earnings & Dividend — Net Profit Up 46.2%
Takamatsu Construction Group Co., Ltd. (TSE:1762) has raised its full-year earnings and dividend forecasts for the fiscal year ending March 2026, citing improved profit margins and selective order intake despite a revenue decline.
| Item | Before | After | Change |
|---|---|---|---|
| 受注高 | JPY 420.0bn | JPY 436.0bn | +3.8% |
| Revenue | JPY 370.0bn | JPY 357.0bn | -3.5% |
| Operating Profit | JPY 15.0bn | JPY 17.8bn | +18.7% |
| Ordinary Income | JPY 14.0bn | JPY 17.5bn | +25.0% |
| 親会社株主 | — | — | — |
| １株当たり当期純利益 | JPY 22.4bn | JPY 32.7bn | +46.2% |
The contractor raised net profit attributable to parent shareholders by JPY 3.6bn to JPY 11.4bn, or JPY 327.41 per share, reflecting stronger profitability despite lower sales. New orders rose JPY 16.0bn to JPY 436.0bn, driven by strength in the architecture and real estate segments. Revenue declined JPY 13.0bn to JPY 357.0bn due to delays in certain construction projects. However, operating profit jumped JPY 2.8bn to JPY 17.8bn and ordinary income (keijo rieki)—a Japan-specific metric encompassing operating profit plus non-operating items—surged JPY 3.5bn to JPY 17.5bn, reflecting improved profit margins from selective order acceptance and design change gains.
The company raised its year-end dividend by JPY 5.00 per share to JPY 90.00, keeping the interim dividend at JPY 45.00 for an annual payout of JPY 135.00 per share, up JPY 5.00 from prior guidance. The increase aligns with the company’s medium-term plan targeting a JPY 90.00 annual dividend floor and a 40% payout ratio. The revision demonstrates management confidence in operational efficiency improvements, though investors should note the revenue contraction reflects project timing rather than demand weakness.
Source: Original filing (TDnet) | 日本語版
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