Source disclosure: February 12, 2026
Shin Nippon Air Technologies Co.,Ltd. [1952.T]
TOKYO, Feb 12 (Pulse News Wire) – Shin Nippon Air Technologies CO.,LTD. (1952.T) reported robust growth in its fiscal 2026 third quarter, with operating profit jumping 90% year-over-year to ¥8.800 billion.
Revenue surged due to increased construction orders, particularly in large-scale redevelopment projects, industrial facilities, and data centers. The company's backlog also saw significant gains, reaching a record high of ¥167.2 billion, providing strong support for future earnings. In the quarter, completed project revenue reached ¥104.7 billion, marking a 18.2% increase compared to the same period last year. This was driven by steady progress in new construction and renovation projects across various sectors, including healthcare and industry.
Additionally, the firm’s efficiency improvements and strategic planning contributed to higher profitability margins. Looking ahead, the company revised its full-year outlook upward based on continued strong demand for major projects such as urban redevelopment, data centers, and industrial plants. Despite rising costs due to investments in human capital and increasing expenses for equipment and labor, Shin Nippon Air Technologies expects to maintain its momentum through digitalization initiatives and optimized logistics networks. The firm plans to enhance shareholder returns further, raising interim dividends to ¥40 per share and final dividends to ¥70 per share, bringing total annual dividends to ¥110 per share.
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