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An update from Nittoc Construction Co., Ltd. ( (JP:1929) ) is now available.
Nittoc Construction reported strong results for the fiscal year ended March 31, 2026, with net sales rising 24.7% to ¥83.8 billion and operating profit surging 58.4%, lifting profit attributable to owners of parent by 72.9% and boosting earnings per share to ¥99.75. The company’s financial position also improved, as total assets and net assets increased, cash flows from operations remained positive, and the annual dividend was raised slightly to ¥49 per share, although management forecasts a modest decline in sales and profits for the next fiscal year, signaling a more cautious outlook despite the robust performance.
More about Nittoc Construction Co., Ltd.
Nittoc Construction Co., Ltd. is a Japanese construction company listed on the Tokyo Stock Exchange, operating under Japanese GAAP. The company focuses on building and civil engineering projects, generating revenue primarily from construction contracts in domestic markets and maintaining a solid equity-to-asset ratio above 60%.
Average Trading Volume: 110,173
Technical Sentiment Signal: Buy
Current Market Cap: Yen49.38B
For a thorough assessment of 1929 stock, go to TipRanks’ Stock Analysis page.