Shinnihon (1879) Q3 2026 earnings summary

Executive summary

• Net sales for the nine months ended December 31, 2025, rose 4.3% year-over-year to ¥87,542 million, with operating income up 11.3% to ¥10,973 million and net income attributable to owners of parent up 15.5% to ¥7,881 million.

• Comprehensive income increased 18.7% year-over-year to ¥8,114 million for the nine-month period.

Financial highlights

• Gross profit increased to ¥14,406 million from ¥13,393 million year-over-year, with gross profit on completed construction contracts rising to ¥7,280 million.

• Basic earnings per share for the nine months was ¥134.75, up from ¥116.63 in the prior year.

• Total assets as of December 31, 2025, were ¥172,270 million, with net assets at ¥126,918 million and an equity-to-asset ratio of 73.7%.

Outlook and guidance

• Full-year forecast for fiscal year ending March 31, 2026: net sales of ¥135,000 million (up 2.5% year-over-year), operating income of ¥18,600 million (up 1.6%), ordinary income of ¥18,800 million (up 2.3%), and net income attributable to owners of parent of ¥13,100 million (up 2.2%).

• Basic earnings per share forecasted at ¥223.97 for the full year.