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Bettesworth Construction
Construction industry

Tokyu Construction Reports Record FY2026 Revenue, Beating Forecast

Tokyu Construction’s completed FY2026 produced record consolidated net sales of ¥341.1 billion, exceeding its ¥335.0 billion forecast.

By Bettesworth Construction Team 3 min read
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Tokyu Construction has reported actual results for fiscal 2026, which ended March 31, 2026: consolidated net sales reached ¥341.1 billion, a company-reported record high, above its ¥335.0 billion forecast. Operating income was ¥16.3 billion and profit attributable to owners of parent was ¥13.3 billion.

What were Tokyu Construction’s FY2026 results?

Tokyu Construction Co., Ltd. reported consolidated net sales of ¥341.1 billion for the fiscal year from April 1, 2025, through March 31, 2026. The company describes the result as a record high; its company profile gives the more precise amount as ¥341,181 million. Operating income was ¥16.3 billion, and profit attributable to owners of parent was ¥13.3 billion, according to the company’s shareholder message.

This is a report of completed-year results, not a new forecast. Tokyu Construction is a general contractor listed on the Tokyo Stock Exchange Prime Market under securities code 1720; its fiscal year runs from April 1 through March 31 (Stock Overview).

How did actual results compare with the forecast?

The forecast and actual figures below are consolidated full-year amounts. The company forecast ¥335.0 billion in net sales, representing 14.3% year-on-year growth; actual net sales were ¥341.1 billion.

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Measure FY2026 forecast FY2026 actual
Consolidated net sales ¥335.0 billion; forecast 14.3% year-on-year growth (forecast disclosure) ¥341.1 billion, or ¥341,181 million at the company profile’s precision; company-reported record high (shareholder message; company profile)
Operating income ¥11.6 billion after the November 7, 2025 revision (revised forecast) ¥16.3 billion (shareholder message)
Profit attributable to owners of parent ¥9.1 billion after the November 7, 2025 revision (revised forecast) ¥13.3 billion (shareholder message)

The company revised its guidance on November 7, 2025. It lowered forecast net sales from ¥338.0 billion to ¥335.0 billion while raising forecast operating profit from ¥9.5 billion to ¥11.6 billion, ordinary profit from ¥10.0 billion to ¥12.4 billion, and profit attributable to owners of parent from ¥7.3 billion to ¥9.1 billion (revised forecast notice). Actual net sales and the two actual profit measures listed above exceeded their revised forecast amounts.

What does the company say drove the results?

Tokyu Construction President Koji Hisada said in the shareholder message, “Net sales reached a record high, supported by robust demand in the domestic construction market.” Hisada also said profit significantly exceeded the initial forecasts, citing “on-site ingenuity through the utilization of digital technology and the rational reflection of cost fluctuations in contract prices.” These are management’s explanations of performance, not separately quantified contributions.

The company also reported ¥408.9 billion in non-consolidated orders received for FY2026, which Hisada described as a record and linked to projects around Shibuya Station. Orders received are a separate measure and scope from consolidated net sales, so the two figures should not be treated as comparable revenue totals.

What should readers know about the next fiscal year?

Tokyu Construction says it has pursued its ten-year “To zero, from zero.” long-term management plan since 2021. Hisada’s message describes FY2026 as the plan’s fifth year and FY2027 as the start of its latter five years, with an intention to strengthen the company’s foundation for sustainable growth. The cited message does not provide a quantified FY2027 forecast, so FY2026 results alone do not establish next year’s expected revenue or profit.

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Forecasts are based on information available when disclosed and may differ from actual results because of economic conditions, market trends, and other factors, the company says in its disclosure policy. The FY2026 guidance was historical guidance, not a guarantee.

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What the FY2026 report means for stock readers

The results show that reported revenue exceeded the final forecast and that the company’s two highlighted profit measures also came in above revised guidance. Those company-reported figures describe past performance; by themselves, they do not determine the value or future performance of Tokyu Construction shares.

Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.

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