Note: This document is a translation of the original Japanese version and provided for reference purposes only. In the event of any discrepancy between the Japanese original and this English translation, the Japanese original shall prevail.
February 13, 2026
Company: TODA CORPORATION
Representative: Seisuke Otani, President and Representative Director (Securities Code: 1860 TSE Prime Market)
Contact: Yoshiyuki Shiba, General Manager, Planning & IR Div. (Phone: 03-3535-1357)
Revisions to Earnings and Dividend Forecasts (Increase in Dividends)TODA CORPORATION (the "Company") hereby announces that it has revised the earnings forecasts (both consolidated and non-consolidated) and the dividend forecast for the fiscal year ending March 31, 2026, which were previously announced on November 13, 2025.
Revisions to Earnings Forecasts
Consolidated Earnings Forecast for the Fiscal Year Ending March 31, 2026 (April 1, 2025 through
March 31, 2026)
Net sales
Operating
income
Ordinary
income
Net income attributable
to owners of parent
Earnings per
share
Previous forecast (A）
（November 13, 2025）
¥ mil
630,000
¥ mil
30,000
¥ mil
33,300
¥ mil
28,400
¥
94.63
Revised forecast (B)
630,000
31,500
35,700
29,000
96.62
Change (B-A)
0
1,500
2,400
600
Percentage change (%)
0
5.0
7.2
2.1
(Reference)
Results for the previous fiscal year
586,661
26,638
29,088
25,185
83.59
Non-consolidated Earnings Forecast for the Fiscal Year Ending March 31, 2026 (April 1, 2025 through
March 31, 2026)
Net sales
Operating
income
Ordinary
income
Net income
Earnings per
share
Previous forecast (A）
（November 13, 2025）
¥ mil
499,000
¥ mil
20,000
¥ mil
24,000
¥ mil
24,500
¥
81.64
Revised forecast (B)
499,000
21,000
25,500
26,500
88.29
Change (B-A)
0
1,000
1,500
2,000
Percentage change (%)
0
5.0
6.3
8.2
(Reference)
Results for the previous fiscal year
475,368
21,246
25,364
24,383
80.93
Reasons for the Revisions
Non-consolidated Earnings Forecast
Net sales are progressing generally in line with the plan; therefore, the Company has maintained the previously announced forecast figures. However, profits are expected to exceed the previous forecast, as gross profit is projected to increase due to improved profitability of backlog construction projects in the domestic architectural construction business. As a result, operating income is expected to exceed the previous forecast by ¥1.0 billion, ordinary income by ¥1.5 billion, and net income by ¥2.0 billion.
Consolidated Earnings Forecast
Net sales remain in line with the previous forecast, and therefore the Company has maintained the previously announced figures. However, mainly due to the revision of the Company's non-consolidated results, operating income is now expected to exceed the previous forecast by ¥1.5 billion, and ordinary income by ¥2.4 billion. With respect to net income attributable to owners of parent, in addition to the revision to the Company's non-consolidated results, the Group expects to record extraordinary losses at certain overseas subsidiaries. As a result, net income attributable to owners of parent is expected to increase by ¥600 million from the previous forecast.
Revisions to the Dividend Forecast for the Fiscal Year Ending March 2026 (Increase in Dividends)
Details of the Revision
Annual dividends
End of second quarter
Year-end
Total
Previous dividend forecast
（November 13, 2025）
Yen
Yen
20.00
Yen
40.00
Revised dividend forecast
25.00
45.00
Actual dividends for the current fiscal year
20.00
Actual dividends for the previous fiscal year (Fiscal year ended March 31, 2025)
14.50
15.50
30.00
Reasons for the Revision
The Company's basic policy is to provide returns to shareholders in accordance with business performance and the operating environment, while taking into consideration the need to maintain stable and continuous dividend payments and to secure internal reserves essential for strengthening competitiveness and the Company's financial base.
Based on this policy, and reflecting the revisions to the earnings forecast announced today, the Company has revised its year-end dividend forecast for the fiscal year ending March 31, 2026, increasing it by ¥5 from the previous forecast of ¥20 (announced on November 13, 2025), to ¥25.
As a result, the annual dividend for the fiscal year ending March 31, 2026 will be ¥45, including the interim dividend of ¥20 already paid.
(Note) The above forecasts are based on information available at the time of the release of this document.
Actual results may differ from the forecasts due to various factors.
End