Taisei raises earnings, dividend forecasts; completes share buyback

Taisei Corporation has significantly revised its consolidated earnings forecasts for the fiscal year ending March 31, 2026. Net sales are now projected at JPY 2,090,000 million (previously JPY 1,960,000 million), operating income at JPY 148,000 million (previously JPY 101,000 million), and net income attributable to owners of parent at JPY 137,000 million (previously JPY 80,000 million). This upward adjustment is primarily driven by strong progress in domestic civil engineering projects, improved profitability margins in both civil engineering and building construction, and the consolidation of Toyo Construction Co., Ltd.

Reflecting the revised earnings, Taisei increased its interim dividend forecast to JPY 125.00 per share, a JPY 50.00 increase from the previous forecast of JPY 75.00. The year-end dividend forecast was also raised to JPY 125.00 per share, resulting in a total annual dividend of JPY 250.00 per share. The company maintains a dividend payout ratio of 30% against consolidated net income, with further increases possible if performance exceeds expectations.

Additionally, Taisei completed its treasury share acquisition program, purchasing 19,980,600 shares for JPY 149,999,817,761 by November 7, 2025. These acquired shares represent 10.91% of the total issued shares before cancellation, and will be cancelled on November 28, 2025.