Matsui Construction Boosts Earnings and Dividend as Margins Improve Despite Lower Sales

Matsui Construction Co., Ltd. ( (JP:1810) ) just unveiled an announcement.

Matsui Construction reported consolidated net sales of ¥72.39 billion for the nine months ended December 31, 2025, down 1.8% year on year, but sharply improved profitability with operating profit up 161.9% to ¥4.65 billion and profit attributable to owners of parent up 128.8% to ¥3.65 billion. The company’s equity ratio rose to 67.7% and net assets per share increased, reflecting a stronger balance sheet, while it revised its dividend forecast upward to a total of ¥75 per share for FY2026, including a commemorative dividend, and raised full-year profit forecasts despite slightly lower expected sales, signaling confidence in sustained earnings improvements and shareholder returns.

For the fiscal year ending March 31, 2026, Matsui Construction now projects full-year net sales of ¥98 billion, a modest 1.3% decline from the previous year, but expects operating profit to jump 62.6% to ¥5.5 billion and profit attributable to owners of parent to rise 50.4% to ¥4.1 billion. This guidance, together with the increased dividend and higher net assets, suggests that cost controls, project mix, or execution efficiency are driving margin expansion, enhancing the company’s financial resilience and potentially supporting its competitiveness in Japan’s construction sector.

The most recent analyst rating on (JP:1810) stock is a Buy with a Yen1766.00 price target. To see the full list of analyst forecasts on Matsui Construction Co., Ltd. stock, see the JP:1810 Stock Forecast page.

More about Matsui Construction Co., Ltd.

Matsui Construction Co., Ltd. is a Japan-based general contractor listed on the Tokyo Stock Exchange, operating under Japanese GAAP. The company generates revenue primarily from construction-related projects and services, positioning itself within the domestic construction and civil engineering market.

Average Trading Volume: 51,435

Technical Sentiment Signal: Buy

Current Market Cap: Yen49.9B

For an in-depth examination of 1810 stock, go to TipRanks’ Overview page.