NIPPON CONCRETE INDUSTRIES CO.,LTD. [5269.T]
TOKYO, May 21 (Pulse News Wire) – Nippon Concrete Industries CO.,LTD. (5269.T) reported lower revenue for the fiscal year ended March 2025 due to challenges in securing large-scale projects and delays in linear central Shinkansen project acceptance.
Despite these issues, the company expects a return to growth with increased sales and profits in the fiscal year ending March 2026. For the fiscal year ended March 2025, the company's revenue decreased to 672 billion yen compared to its initial forecasts. Operating profit fell to 322 million yen, while net profit turned positive at 824 million yen, up from a loss of 209 million yen in the previous year. The improvement was driven by special gains from policy stock sales.
Looking ahead, NIPPON CONCRETE INDUSTRIES anticipates a turnaround in performance, projecting revenue of 700 billion yen and operating profit of 1.4 billion yen for the fiscal year ending March 2026. The company plans to focus on strategic product development, cost management improvements, and expanding its engineering services to achieve these targets. Additionally, the firm intends to continue reducing its holdings of policy stocks to fund growth investments and enhance shareholder returns. The company also aims to maintain a dividend payout ratio of more than 90%, increasing dividends per share to ¥25 for the upcoming fiscal year.
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