Kawagishi Bridge Works Raises FY2026 Earnings Forecast 37.5%
Kawagishi Bridge Works Co., Ltd. (TSE:5921) has raised its full-year earnings and dividend guidance for the fiscal year ending September 2026, citing strong project completion and design change gains.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 22.0bn | JPY 26.0bn | +18.2% |
| Operating Profit | JPY 1.00bn | JPY 1.30bn | +30.0% |
| Ordinary Income | JPY 1.15bn | JPY 1.57bn | +36.5% |
| Net Profit | JPY 800M | JPY 1.10bn | +37.5% |
| 1株当たり当期純利益 | JPY 290.97/share | JPY 399.96/share | +JPY 108.99/share |
The bridge construction company now projects net profit of JPY 1.10bn, up JPY 300M from its prior forecast, driven by completion of high-margin large-scale projects and additional revenue from design modifications. The company noted that elevated material and labor costs were offset by these operational gains. Revenue is expected to reach JPY 26.0bn, representing 18.2% growth from the previous estimate, while operating profit rises 30% to JPY 1.30bn and ordinary income (keijo rieki)—a Japan-specific metric encompassing operating profit plus non-operating items—climbs 36.5% to JPY 1.57bn.
In response to improved profitability, Kawagishi Bridge Works increased its annual dividend by JPY 30/share to JPY 170/share, comprising a regular year-end dividend of JPY 120/share and a commemorative special dividend of JPY 50/share. The revision aligns with the company’s medium-term dividend policy target of 30% or higher payout ratio. The dividend increase reflects management’s commitment to returning profits to shareholders while maintaining growth investments. International investors should note that the commemorative special dividend is a one-time payment tied to a company milestone and should not be projected into future dividend expectations.
Source: Original filing (TDnet) | 日本語版
This article is for informational purposes only and does not constitute investment advice. Always verify against the original filing.