TSE:1820Construction
Did Real Estate-Driven Profits Just Shift Nishimatsu Construction's (TSE:1820) Investment Narrative?
Earlier this month, Nishimatsu Construction revised its earnings guidance for the fiscal year ending March 31, 2026, lowering net sales projections due to delays in overseas orders but maintaining or raising profit forecasts thanks to anticipated capital gains from its real estate business.
This update highlights how resilient performance in the real estate segment can offset softness in core construction revenues for the company.
We'll explore what stronger profit guidance driven by the...