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Nittoc Construction Co., Ltd. ( (JP:1929) ) just unveiled an announcement.
Nittoc Construction reported that its consolidated results for the fiscal year ended March 31, 2026 significantly exceeded prior forecasts, driven by stronger-than-planned construction orders and accelerated project execution. Net sales rose to ¥83.8 billion versus a ¥76.0 billion forecast, while profit attributable to owners of the parent climbed to ¥4.2 billion, lifting earnings per share to ¥99.75.
Non-consolidated results also outperformed guidance, with net sales reaching ¥75.4 billion and ordinary profit rising to ¥5.3 billion, reflecting order intake above plan and improved operational performance. The stronger earnings, compared both with forecasts and the previous year, indicate enhanced profitability and operational momentum, potentially reinforcing the company’s financial standing and competitive position in Japan’s construction sector.
More about Nittoc Construction Co., Ltd.
Nittoc Construction Co., Ltd. is a Japanese construction company listed on the TSE Prime market under securities code 1929. The company focuses on securing construction orders and executing projects efficiently, generating revenue primarily from construction contracts in its domestic market.
Average Trading Volume: 110,173
Technical Sentiment Signal: Buy
Current Market Cap: Yen49.38B
See more data about 1929 stock on TipRanks’ Stock Analysis page.