SEIKITOKYU KOGYO CO.,LTD. [1898.T]
TOKYO, Jun 01 (Pulse News Wire) – Seikitokyu Kogyo CO.,LTD. (1898.T) reported its consolidated revenue decreased by 4.1% compared to the previous fiscal year, ending March 2026.
However, the company achieved its third consecutive year of increased profits, surpassing operating profit targets of ¥5.900 billion, ordinary profit goals of ¥5.700 billion, and net profit objectives of ¥3.900 billion. In the construction sector, despite significant completion volumes from large-scale projects leading to substantial growth last year, there was a notable decline due to reduced internal sales among segments. Conversely, the asphalt materials manufacturing and sales division saw a marked improvement in operating profit as price increases were partially passed on to customers. Consolidated revenue stood at ¥9.53 trillion billion yen, down from ¥9.94 trillion billion yen, while operating profit reached ¥641.7 billion, up from ¥584.2 billion.
For the fiscal year ending March 2027, SEIKITOKYU KOGYO forecasts a robust performance with projected consolidated revenue of 102,700 billion yen, exceeding the target set within their mid-term plan. The company anticipates continued strong demand in road construction markets driven by disaster prevention initiatives and national resilience projects. Notably, the projections do not factor in potential risks such as geopolitical instability or supply disruptions affecting raw materials like asphalt and heavy oil. The company's capital structure showed a self-capital ratio of 52.3%, reflecting a strategic balance aimed at ensuring equity spreads and achieving targeted return on equity (ROE).
Financial activities included payments totaling ¥2.929 billion for dividends and expenditures of ¥1.808 billion for equipment upgrades and office renovations.
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