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PENTA-OCEAN CONSTRUCTION, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 32%, Exceeded Record Profit Forecast, Dividend Revised Upward by 10 Yen

Mon Feb 9, 2026 3:30 pm JST Earnings

1893 PENTA-OCEAN CONSTRUCTION CO.,LTD. 【J-GAAP】

Earnings Report

PENTA-OCEAN CONSTRUCTION CO.,LTD. <1893> [TSE Prime] announced its financial results after the market closed on February 9th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) surged 3.1 times that of the same period last year, reaching 43.5 billion yen.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 31.9%, from the previous forecast of 36.0 billion yen to 47.5 billion yen (compared to 18.8 billion yen in the previous period), increasing the growth rate from 91.1% to 2.5 times. The company has further increased its previous forecast of record profits for the first time in six years.

Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the October to March period (second half) is expected to increase 2.1 times, from the previous forecast of 10.8 billion yen to 22.3 billion yen (compared to 5.54 billion yen in the same period of the previous year), increasing the growth rate from 95.7% to 4.0 times.

In light of the strong performance, the company has increased its planned annual dividend for the current fiscal year from the original plan of 34 yen to 44 yen (compared to 24 yen in the previous period).

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit surged 20 times that of the same period last year, reaching 18.3 billion yen. The operating profit/loss margin drastically improved from -0.2% in the same period last year to 9.1%.

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Actual Results

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Dec, 2023 435,780 20,723 18,648 12,907 45.3 68.5 Feb 8, 2024 J-GAAP
Apr - Dec, 2024 516,015 14,767 14,214 9,141 32.4 75.4 Feb 7, 2025 J-GAAP
Apr - Dec, 2025 581,011 44,309 43,511 29,003 104.6 91.6 Feb 9, 2026 J-GAAP
YoY +12.6% +200.1% +206.1% +217.3% +223.4%

Guidance Update

Second Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2025 Prev 348,034 13,663 10,857 7,866 28.8 17 Nov 7, 2025 J-GAAP
Oct - Mar, 2025 New 380,034 24,663 22,357 14,866 54.4 27 Feb 9, 2026 J-GAAP
Revision Rate +9.2% +80.5% +105.9% +89.0% +89.0%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 727,000 39,500 36,000 25,000 91.6 34 May 9, 2025 J-GAAP
Mar, 2026 New 759,000 50,500 47,500 32,000 117.2 44 Feb 9, 2026 J-GAAP
Revision Rate +4.4% +27.8% +31.9% +28.0% +28.0%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 399,444 6,596 5,547 2,574 9.1 12 May 9, 2025 J-GAAP
Oct - Mar, 2025 Guidance 380,034 24,663 22,357 14,866 54.4 27 Feb 9, 2026 J-GAAP
YoY -4.9% +273.9% +303.0% +477.5% +497.6%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 617,708 29,152 27,221 17,875 62.7 24 May 10, 2024 J-GAAP
Mar, 2025 727,491 21,697 18,839 12,460 44.1 24 May 9, 2025 J-GAAP
Mar, 2026 Guidance 759,000 50,500 47,500 32,000 117.2 44 Feb 9, 2026 J-GAAP
YoY +4.3% +132.8% +152.1% +156.8% +165.6%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2024 187,968 -334 922 -745 -2.6 -0.2 Feb 7, 2025 J-GAAP
Jan - Mar, 2025 211,476 6,930 4,625 3,319 11.8 3.3 May 9, 2025 J-GAAP
Apr - Jun, 2025 174,141 10,278 10,040 6,899 24.6 5.9 Aug 7, 2025 J-GAAP
Jul - Sep, 2025 204,825 15,559 15,103 10,235 36.8 7.6 Nov 7, 2025 J-GAAP
Oct - Dec, 2025 202,045 18,472 18,368 11,869 42.8 9.1 Feb 9, 2026 J-GAAP
YoY +7.5% +1,892.2%

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