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TOKYU CONSTRUCTION, Ordinary Profit Forecast for Last Fiscal Year Revised Upward by 19%, Dividend Revised Upward by 1 Yen
1720 TOKYU CONSTRUCTION CO.,LTD. 【J-GAAP】
Guidance Update ReportTOKYU CONSTRUCTION CO.,LTD. <1720> [TSE Prime] announced a revision to its performance and dividend after the market closed on April 24th (16:00). The consolidated ordinary profit forecast for the fiscal year ending March 2026 has been revised upward 18.9%, from the previous forecast of 14.8 billion yen to 17.6 billion yen (compared to 9.70 billion yen in the previous period), increasing the growth rate from 52.6% to 81.4%.
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 is expected to increase 30.3%, from the previous forecast of 9.24 billion yen to 12.0 billion yen (compared to 10.3 billion yen in the same period of the previous year), turning to a 16.5% increase in the consolidated ordinary profit outlook.
In light of the strong performance, the company has increased its planned annual dividend for the last fiscal year from the original plan of 39 yen to 40 yen (compared to 38 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 | 185,927 | 8,554 | 9,240 | 6,192 | 58.3 | 20 | Feb 6, 2026 | J-GAAP |
| Oct - Mar, 2025 New | 190,927 | 11,154 | 12,040 | 9,292 | 87.8 | 21 | Apr 24, 2026 | J-GAAP |
| Revision Rate | +2.7% | +30.4% | +30.3% | +50.1% | +50.7% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 336,000 | 13,700 | 14,800 | 10,300 | 97.0 | 39 | Feb 6, 2026 | J-GAAP |
| Mar, 2026 New | 341,000 | 16,300 | 17,600 | 13,400 | 126.6 | 40 | Apr 24, 2026 | J-GAAP |
| Revision Rate | +1.5% | +19.0% | +18.9% | +30.1% | +30.6% |
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 | 174,513 | 8,844 | 10,331 | 6,690 | 63.3 | 19 | May 13, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 190,927 | 11,154 | 12,040 | 9,292 | 87.8 | 21 | Apr 24, 2026 | J-GAAP |
| YoY | +9.4% | +26.1% | +16.5% | +38.9% | +38.7% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 285,681 | 8,155 | 9,736 | 7,266 | 69.0 | 37 | May 9, 2024 | J-GAAP |
| Mar, 2025 | 293,139 | 8,839 | 9,701 | 6,631 | 62.7 | 38 | May 13, 2025 | J-GAAP |
| Mar, 2026 Guidance | 341,000 | 16,300 | 17,600 | 13,400 | 126.6 | 40 | Apr 24, 2026 | J-GAAP |
| YoY | +16.3% | +84.4% | +81.4% | +102.1% | +101.9% |
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