The Niigata-based company saw its revenue grow to 43.42 billion yen, compared to 42.31 billion yen in the same period last year. This steady topline performance trickled down to the bottom line, with operating profit rising to 5.23 billion yen and pretax profit reaching 5.80 billion yen, according to the company’s financial disclosure.
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Daiichi Kensetsu Profit Climbs 12% on Steady Infrastructure Demand
Daiichi Kensetsu Corp. (1799.TO) reported a double-digit rise in net profit for the first nine months of the fiscal year, bolstered by a consistent increase in revenue and operating efficiency. The Japanese construction firm recorded a parent net income of 4.02 billion yen for the period ending December 31, up from 3.59 billion yen a year earlier.
The improved margins resulted in earnings per share of 224.92 yen, a significant increase from the 190.13 yen posted in the previous year. These results, calculated under Japanese accounting standards, reflect the company's ability to navigate cost pressures within the domestic construction sector.
Dividend Forecast and Outlook
Despite the earnings growth, Daiichi Kensetsu Corp. has maintained a cautious stance on its shareholder distributions. The company reaffirmed its dividend guidance, keeping the payout aligned with previous fiscal cycles.- A projected year-end dividend of 130.00 yen per share.
- A total annual dividend forecast of 130.00 yen, unchanged from the previous year.
- Zero dividend payments for the first through third quarters, as per the firm's standard schedule.
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