Earnings Guidance

Record-high sales & profits are expected due to steady growth in the number of maintenance contracts

  • In maintenance and repair, net growth in maintenance contracts is expected to continue. In modernization, growth in shipments and unit prices is expected.
  • In addition to productivity improvements due to the increase in the number of contracts, the company expects to continue to control SG&A expenses and achieve an operating profit margin before amortization of over 20%. As a result, both sales and profits are expected to reach new highs.

FY 2027 Financial Forecasts (Summary)

(millions of yen, %)

March 2026

March 2027

Forecast

Amount

% of sales

Amount

% of sales

YoY

Net sales

57,601

65,000

112.8

Operating profit

11,010

19.1

13,000

20.0

118.1

Ordinary profit

11,006

19.1

13,000

20.0

118.1

Profit attributable to owners of parent

7,319

12.7

8,200

12.6

112.0

(Depreciation)

1,587

2.8

1,800

2.8

113.4

(Amortization of goodwill)

291

0.5

277

0.4

95.1

OP before amortization

11,301

19.6

13,277

20.4

117.5

FY 2027 Financial Forecasts (Sales by Business)

(millions of yen, %)

March 2026

March 2027

Forecast

Amount

% of sales

Amount

% of sales

YoY

Maintenance &

repair services

34,499

59.9

37,800

58.2

109.6

Modernization

services

21,801

37.8

25,900

39.8

118.8

Other

1,300

2.3

1,300

2.0

99.9

Net Sales

57,601

100.0

65,000

100.0

112.8

FY 2027 Financial Forecasts (Capital Expenditures and Depreciation)

(billions of yen)

FY2026 (Actual)

FY2027 (Forecast)

Items

Capital Expenditures

1.94

1.90

Investments related to PRIME, a remote inspection service, etc.

Depreciation

1.58

1.80

Trends in Capital Expenditures and Depreciation

Disclosed on May 14, 2026