Shinnihon (1879) Q4 2026 earnings summary

Executive summary

• Achieved record highs in net sales, operating profit, ordinary profit, and profit attributable to owners of parent for the fiscal year ended March 31, 2026, with profit increasing for the fifth consecutive year.

• Net sales rose 5.1% year-over-year to ¥138,428 million; operating profit increased 11.4% to ¥20,405 million; net income attributable to owners of parent grew 18.8% to ¥15,224 million.

• Comprehensive income reached ¥15,744 million, up 21.5% year-over-year.

• Maintained a strong financial base with virtually no debt and a high equity-to-asset ratio.

• Continued to invest in human capital and expand business in both construction and development segments.

Financial highlights

• Gross profit increased 8.8% year-over-year to ¥25,616 million.

• Basic earnings per share rose to ¥260.30 from ¥219.13 year-over-year.

• Total assets increased to ¥185,296 million from ¥172,954 million year-over-year.

• Net assets grew to ¥134,547 million, with an equity-to-asset ratio of 72.6%.

• Cash and cash equivalents at year-end were ¥54,824 million, up from ¥48,653 million.

Outlook and guidance

• Net sales forecasted to rise 12.7% to ¥156,000 million; operating profit expected to increase 25.0% to ¥25,500 million.

• Net income attributable to owners of parent forecasted at ¥17,500 million (+14.9% YoY); basic earnings per share forecasted at ¥299.20.

• Dividend per share expected to increase by ¥10 to ¥77, marking the sixth consecutive annual increase.