Earnings Guidance

Based on steady growth in contracts and improved profitability driven by strong repair and modernization business, the company has raised its full-year forecast

  • In the maintenance & repair, net growth in the number of maintenance contracts is expected to continue, and in the modernization, growth in the number of shipments and unit price 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 and achieve an OP margin before amortization of over 19%. As a result, both sales and profits are expected to reach new highs.

FY 2026 Financial Forecasts (Summary)

(millions of yen, %)

March 2025

March 2026

Forecast

Amount

% of sales

Amount

% of sales

YoY

Net sales

49,375

56,500

114.4

Operating profit

8,624

17.5

10,600

18.8

122.9

Ordinary profit

8,621

17.5

10,600

18.8

123.0

Profit attributable to owners of parent

5,530

11.2

6,600

11.7

119.3

(Depreciation)

1,562

3.2

1,500

2.7

96.0

(Amortization of goodwill)

276

0.6

267

0.5

96.9

OP before amortization

8,900

18.0

10,867

19.2

122.1

FY 2026 Financial Forecasts (Sales by Business)

(millions of yen, %)

March 2025

March 2026

Forecast

Amount

% of sales

Amount

% of sales

YoY

Maintenance &

repair services

30,538

61.8

33,600

59.5

110.0

Modernization

services

17,325

35.1

21,500

38.1

124.1

Other

1,511

3.1

1,400

2.5

92.7

Net Sales

49,375

100.0

56,500

100.0

114.4

FY 2026 Financial Forecasts (Capital Expenditures and Depreciation)

(billions of yen)

FY2025 (Actual)

FY2026 (Forecast)

Items

Capital Expenditures

1.70

1.50

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

Depreciation

1.56

1.50

Trends in Capital Expenditures and Depreciation

Disclosed on November 13, 2025