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YAHAGI CONSTRUCTION, Ordinary Profit Forecast for Last Fiscal Year Revised Upward by 19%, Exceeded Record Profit Forecast, Dividend Revised Upward by 10 Yen

Fri Apr 24, 2026 2:00 pm JST Revision

1870 YAHAGI CONSTRUCTION CO.,LTD. 【J-GAAP】

Guidance Update Report

YAHAGI CONSTRUCTION CO.,LTD. <1870> [TSE Prime] announced a revision to its performance and dividend in the afternoon session on April 24th (14:00). The consolidated ordinary profit forecast for the fiscal year ending March 2026 has been revised upward 19.3%, from the previous forecast of 11.4 billion yen to 13.6 billion yen (compared to 8.61 billion yen in the previous period), increasing the growth rate from 32.3% to 57.8%. The company has further increased its previous forecast of record profits for the first time in two years.

Based on the upwardly revised full-year plan announced by the company, our calculation indicates that the October to March period (second half) consolidated ordinary profit has been revised upward 64.4%, from the previous forecast of 3.41 billion yen to 5.61 billion yen (compared to 7.29 billion yen in the same period of the previous year), and the declining rate is expected to decrease from 53.1% to 22.9%.

In light of the strong performance, the company has increased its planned annual dividend for the last fiscal year from the original plan of 90 yen to 100 yen (compared to 80 yen in the previous period).

Kabutan News

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 78,335 3,511 3,418 1,263 29.3 45 Feb 9, 2026 J-GAAP
Oct - Mar, 2025 New 78,335 5,711 5,618 2,663 61.9 55 Apr 24, 2026 J-GAAP
Revision Rate 0.0% +62.7% +64.4% +110.8% +111.5%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 168,000 11,500 11,400 7,000 162.1 90 Feb 9, 2026 J-GAAP
Mar, 2026 New 168,000 13,700 13,600 8,400 195.1 100 Apr 24, 2026 J-GAAP
Revision Rate 0.0% +19.1% +19.3% +20.0% +20.4%

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 81,939 7,368 7,291 4,676 108.7 40 May 7, 2025 J-GAAP
Oct - Mar, 2025 Guidance 78,335 5,711 5,618 2,663 61.9 55 Apr 24, 2026 J-GAAP
YoY -4.4% -22.5% -22.9% -43.0% -43.1%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 119,824 9,514 9,588 6,462 150.2 60 May 9, 2024 J-GAAP
Mar, 2025 140,699 8,654 8,616 5,643 131.2 80 May 7, 2025 J-GAAP
Mar, 2026 Guidance 168,000 13,700 13,600 8,400 195.1 100 Apr 24, 2026 J-GAAP
YoY +19.4% +58.3% +57.8% +48.9% +48.8%

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