Corporate Events

Wakachiku Construction Co., Ltd. hereby announced that it decided on June 29, 2026 to borrow funds pursuant to commitment line agreements concluded with 10 financial institutions for efficient procurement of working capital, as follows. The reason for implementing the Borrowings was to efficiently raise working capital in the Company. The details of the Borrowings are as follows: (1) Date of borrowing was June 30, 2026; (2) Attribute of counterparty to the agreement was a total of 10 trust banks, city banks and regional banks; (3) The principal amount of the debt, the repayment deadline, and the details of the security attached to said debt: (i) Form of agreement was syndication type commitment line agreement (total amount: JPY 13,000 million); (ii) Borrowing amount was that the Company would repay JPY 7,000 million of existing loans and borrow JPY 6,000 million; (iii) Repayment period was July 7, 2026; (iv) Details of collateral was unsecured; (4) Details of financial covenants: (i) The amount in the net assets section in the non-consolidated balance sheet as of the last day of each fiscal year is maintained at or above 75% of the larger of the amount of the net assets section in the non-consolidated balance sheet as of the last day of the fiscal year ending March 2025, or of the immediately preceding fiscal year; (ii) Ordinary profit and loss in the non-consolidated statement of income as of the last day of each fiscal year shall not be recorded as a loss for two consecutive periods. The impact of this case on business results is immaterial.

Wakachiku Construction Co., Ltd. had decided to borrow funds pursuant to commitment line agreements concluded with 10 financial institutions for efficient procurement of working capital, as follows. The reason for implementing the Borrowings was to efficiently raise working capital in the Company. The details of the Borrowings are as follows: (1) Date of borrowing is June 23, 2026; (2) Attribute of counterparty to the agreement is a total of 10 trust banks, city banks and regional banks; (3) The principal amount of the debt, the repayment deadline, and the details of the security attached to said debt: (i) Form of agreement is syndication type commitment line agreement (total amount: JPY 13,000 million); (ii) Borrowing Amount is to repay JPY 3,500 million of existing loans and borrow JPY 7,000 million; (iii) Repayment period is June 30, 2026; (iv) Details of collateral is unsecured; (4) Details of financial covenants: (i) The amount in the net assets section in the non-consolidated balance sheet as of the last day of each fiscal year is maintained at or above 75% of the larger of the amount of the net assets section in the non-consolidated balance sheet as of the last day of the fiscal year ending March 2025, or of the immediately preceding fiscal year; (ii) Ordinary profit and loss in the non-consolidated statement of income as of the last day of each fiscal year shall not be recorded as a loss for two consecutive periods. The impact of this case on business results is immaterial.

Wakachiku Construction Co., Ltd. announced that they will report Q1, 2027 results on Aug 06, 2026

Wakachiku Construction Co., Ltd. announced dividend of JPY 135.00 per share for the fiscal year ended March 31, 2026 against JPY 126.00 per share paid a year ago. Scheduled date to commence dividend payments is June 5, 2026. For the year 2027, the company expects to pay dividend of JPY 145.00 per share against JPY 135.00 per share a year ago. .

Wakachiku Construction Co., Ltd., Annual General Meeting, Jun 26, 2026.

Wakachiku Construction Co., Ltd., Board Meeting, May 26, 2026. Agenda: To discuss the Revised dividend forecasts; to Reason for the revision.

Wakachiku Construction Co., Ltd. announced that they will report fiscal year 2026 results on May 14, 2026

Wakachiku Construction Co., Ltd. announced that, at its board of directors' meeting held on March 17, 2026, it informally decided on the change of Representative Directors and Officers. Change of Representative Directors: Reason for change: Due to the decision on a new management structure. Details of change: Positions to be assumed on April 1. Katsuhiko Karasuda: Current positions: President. Mikihiko Nagasako: President; Current positions: Director, Managing Executive Officer, in charge of Corporate Planning Department, Corporate Management Division, General Manager of Corporate Planning Department and in charge of Information Systems Department. Career summary of a newly appointed President and Representative Director: Mikihiko Nagasako (November 29, 1964): Apr. 1987 Joined the Company; Apr. 2012 Assistant General Manager of Tokyo Branch and General Manager of General Evaluation Office; Apr. 2017 Deputy General Manager of Tokyo Branch; Apr. 2018 General Manager of Corporate Planning Department; Apr. 2020 General Manager of Corporate Planning Department, Corporate Management Division; Apr. 2022 Executive Officer, in charge of Corporate Planning Department, Corporate Management Division and General Manager of Corporate Planning Department; Apr. 2024 Managing Executive Officer, in charge of Corporate Planning Department, Corporate Management Division, General Manager of Corporate Planning Department and in charge of Information Systems Department; June 2025 Director, Managing Executive Officer, in charge of Corporate Planning Department, Corporate Management Division, General Manager of Corporate Planning Department and in charge of Information Systems Department (current position).

Newly appointed Executive Officers (effective April 1, 2026): Naoyuki Ikki: Executive Officer, Officer in charge of Construction Business Division, and General Manager of Technology Department; Current positions: General Manager of Technology Department, Construction Business Division, and General Manager of Technology Research Center. Noboru Matsumoto: Executive Officer, General Manager of Nagoya Branch; Current positions: Deputy General Manager of Nagoya Branch. Seiichi Morita: Executive Officer, General Manager of Tohoku Branch; Current positions: Deputy General Manager of Tokyo Branch. Tatsuo Yuki: Executive Officer, Officer in charge of Construction Business Division, and General Manager of Technology Planning Department; Current positions: General Manager of Technology Planning Department, Construction Business Division. Minehiro Umezaki: Executive Officer, in charge of Safety and Environment Department, Safety and Environment Division, and General Manager of Safety and Environment Department; Current positions: General Manager of Safety and Environment Department, Safety and Environment Division. Tatsuto Kusakabe: Executive Officer, Deputy General Manager of Tokyo Branch; Current positions: Deputy General Manager of Tokyo Branch. Toshihiro Mawatari: Executive Officer, General Manager of Hamamachi Head Office, and General Manager of Kyushu Branch; Current positions: Deputy General Manager of Kyushu Branch. Yuji Yamada: Executive Officer, in charge of Human Resources Department, Corporate Management Division, and General Manager of Human Resources Department; Current positions: General Manager of Human Resources Department, Corporate Management Division, and General Manager of Human Resource Development Section. Atsushi Nakamura: Executive Officer, in charge of Construction Business Division, and General Manager of Sales Planning Department; Current positions: General Manager of Sales Planning Department, Construction Business Division. Retiring Executive Officers (effective March 31, 2026): Hidetaka Nogi: Full-time Advisor; Current positions: Managing Executive Officer, General Manager of Tokyo Branch. Norihiko Arase: General Manager of Risk Management Department; Current positions: Managing Executive Officer, in charge of Risk Management Department, and General Manager of Risk Management Department. Tetsuya Miwa: Full-time Advisor; Current positions: Executive Officer, Officer in charge of Construction Business Division, General Manager of Technology Planning Department. Kenshiro Iguchi: Full-time Advisor; Current positions: Executive Officer, Officer in charge of Construction Business Division, and General Manager of Technology Department. Hiroyuki Nakano: Deputy General Manager of Corporate Management Division; Current positions: Executive Officer, in charge of General Affairs Department, Corporate Management Division, General Manager of General Affairs Department and in charge of Human Resources Department. Change of Directors: Retiring Director (scheduled for late June, 2026): Kazumi Ishii Full-time Advisor; Position as of April 1: Director, Senior Managing Executive Officer, responsible for Construction Business Division. Major Changes in Organization (effective April 1, 2026): The Company will clarify the division of duties by renaming Design Department to Civil Engineering Design Department, First Design Section to Marine Design Section, and Second Design Section to Land Design Section, respectively, and by establishing Design Development Section.

Wakachiku Construction Co., Ltd. announced that, at its board of directors' meeting held on March 17, 2026, it informally decided on the change of Representative Directors and Officers. Change of Representative Directors: Reason for change: Due to the decision on a new management structure. Details of change: Positions to be assumed on April 1. Katsuhiko Karasuda: Chairman and Director; Current positions: President and Representative Director, Executive President, and General Manager of Safety and Environment Division. Mikihiko Nagasako: President and Representative Director, Executive President, and General Manager of Safety and Environment Division; Current positions: Director, Managing Executive Officer, in charge of Corporate Planning Department, Corporate Management Division, General Manager of Corporate Planning Department and in charge of Information Systems Department. Hisatoshi Makihara: Representative Director, Senior Managing Executive Officer, General Manager of Construction Business Division, and Deputy General Manager of Safety and Environment Division; Current positions: Director, Senior Managing Executive Officer, Officer in charge of Construction Business Division, and General Manager of Civil Engineering Department. Kazumi Ishii: Director, Senior Managing Executive Officer, responsible for Construction Business Division; Current positions: Representative Director, Senior Managing Executive Officer, General Manager of Construction Business Division, and Deputy General Manager of Safety and Environment Division. Career summary of a newly appointed President and Representative Director: Mikihiko Nagasako (November 29, 1964): Apr. 1987 Joined the Company; Apr. 2012 Assistant General Manager of Tokyo Branch and General Manager of General Evaluation Office; Apr. 2017 Deputy General Manager of Tokyo Branch; Apr. 2018 General Manager of Corporate Planning Department; Apr. 2020 General Manager of Corporate Planning Department, Corporate Management Division; Apr. 2022 Executive Officer, in charge of Corporate Planning Department, Corporate Management Division and General Manager of Corporate Planning Department; Apr. 2024 Managing Executive Officer, in charge of Corporate Planning Department, Corporate Management Division, General Manager of Corporate Planning Department and in charge of Information Systems Department; June 2025 Director, Managing Executive Officer, in charge of Corporate Planning Department, Corporate Management Division, General Manager of Corporate Planning Department and in charge of Information Systems Department (current position). Career summary of a newly appointed Representative Director: Hisatoshi Makihara (March 20, 1962): Apr. 1986 Joined the Company; Apr. 2014 Assistant General Manager of Nagoya Branch and Supervising General Manager of Nagoya Sales Office; Apr. 2016 Deputy General Manager of Nagoya Branch; Apr. 2017 General Manager of Civil Engineering Department, Construction Business Division; June 2018 Executive Officer, Officer in charge of Construction Business Division, and General Manager of Civil Engineering Department; Apr. 2020 Managing Executive Officer, Officer in charge of Construction Business Division, and General Manager of Civil Engineering Department; June 2020 Director, Managing Executive Officer, Officer in charge of Construction Business Division, and General Manager of Civil Engineering Department; Apr. 2024 Director, Senior Managing Executive Officer, Officer in charge of Construction Business Division, and General Manager of Civil Engineering Department (current position). Change of Executive Officers: Change of Officers (effective April 1, 2026): Kazutaka Hanada: Director, Senior Managing Executive Officer, Officer in charge of Construction Business Division and Supervisor of Sales; Current positions: Director, Managing Executive Officer, Officer in charge of Construction Business Division and Supervisor of Private Sector Sales. Yasuo Matsunaga: Senior Managing Executive Officer, Officer in charge of technology, Construction Business Division; Current positions: Managing Executive Officer, Officer in charge of technology, Construction Business Division. Hisayuki Nakayama: Managing Executive Officer, Officer in charge of Construction Business Division, and General Manager of Civil Engineering Design Department. Current positions: Managing Executive Officer, Officer in charge of Construction Business Division, and General Manager of Design Department. Yukiharu Tone: Managing Executive Officer, in charge of Corporate Planning Department, Corporate Management Division, General Manager of Corporate Planning Department and in charge of Information Systems Department; Current positions: Managing Executive Officer, General Manager of Nagoya Branch. Ryoji Furukawa: Managing Executive Officer, Officer in charge of Construction Business Division, and General Manager of Civil Engineering Department; Current positions: Executive Officer, General Manager of Hamamachi Head Office, and General Manager of Kyushu Branch. Masayoshi Makuta: Managing Executive Officer, General Manager of Tokyo Branch; Current positions: Executive Officer, General Manager of Tohoku Branch.

Wakachiku Construction Co., Ltd. revised consolidated and non-consolidated earnings guidance for the fiscal year ending March 31, 2026. For the year, on consolidated basis, the company revised net sales of JPY 105,600 million, operating profit of JPY 6,350 million, profit attributable to owners of parent of JPY 4,100 million and Profit per share of JPY 322.43 compared to previous guidance of net sales of JPY 100,600 million, operating profit of JPY 5,750 million, profit attributable to owners of parent of JPY 3,700 million and Profit per share of JPY 291.18. On non-consolidated basis, the company revised net sales of JPY 103,000 million, profit of JPY 4,000 million, Profit per share of JPY 314.57 compared to previous guidance of net sales of JPY 98,000 million, profit of JPY 5,200 million, Profit per share of JPY 283.31. Reason for the revision: Non-consolidated financial results forecasts: Net sales are expected to increase by JPY 5 billion from the previous forecast figures due to an expected increase in net sales of completed construction contracts because the rate of construction progress remains at a high level. Ordinary profit is expected to be JPY 5.8 billion, an increase of JPY 600 million from the previous forecast figures, mainly due to an increase in net sales of completed construction contracts, an improvement in the profitability of on-hand construction work, and an increase in the rate of gross profit on completed construction contracts, which is expected to exceed the previous forecasts. Profit is also expected to increase by JPY 400 million from the previous forecast figures to JPY 4 billion, mainly due to the above factors. Consolidated financial results forecasts: This is mainly due to the impact of non-consolidated business results.

Wakachiku Construction Co., Ltd. revised dividend guidance for the Fiscal year ending March 31, 2026. For the year, the company revised dividend of JPY 132.00 per share compared to previous guidance of JPY 131.00 per share. Reason for the revision: The year-end dividend forecast for the fiscal year ending March 2026 was an ordinary dividend of JPY 131 per share, but in light of the upward revision to the full-year financial results forecasts and comprehensive consideration of the future business environment, company have revised the forecast to an ordinary dividend of JPY 132 per share, an increase of JPY 1 per share.

Wakachiku Construction Co., Ltd., Board Meeting, Mar 17, 2026. Agenda: To consider the Notice Regarding Change of Representative Directors and Officers.

ASO Corporation agreed to acquire an additional 8.4% stake in Wakachiku Construction Co., Ltd. (TSE:1888) from Sumitomo Mitsui Trust Bank, Limited, Sumitomo Mitsui Banking Corporation and The Chiba Bank, Ltd. (TSE:8331) for approximately ¥4.8 billion on February 12, 2026. A cash consideration valued at ¥4455 per share will be paid by ASO Corporation. Upon completion, ASO Corporation will own 51.06% stake in Wakachiku Construction Co., Ltd. The Tender Offerors have set a maximum planned purchase quantity of 1,071,262 shares (ownership ratio: 8.42%), in which the Tender Offerors will in total own Company Shares equivalent to 50.10% of the total number of the Company’s issued shares. Accordingly, if the total number of shares tendered in the Tender Offer exceeds the maximum planned purchase quantity (1,071,262 shares), the Tender Offerors will not purchase all or part of the excess portion. The tender offeror will not set a minimum planned purchase quantity, and will purchase all of the Tendered Shares if the total number of the Tendered Shares does not exceed the maximum planned purchase quantity. The purchase period will be from February 13, 2026 to March 13, 2026 with the Commencement Date of Settlement being March 23, 2026. Mori Hamada & Matsumoto LPC acted as legal advisor and SMBC Nikko Securities Inc. acted as financial advisor to ASO. Nishimura & Asahi acted as legal advisor to Wakachiku. ASO Corporation completed the acquisition of an additional 8.4% stake in Wakachiku Construction Co., Ltd. (TSE:1888) from Sumitomo Mitsui Trust Bank, Limited, Sumitomo Mitsui Banking Corporation and The Chiba Bank, Ltd. (TSE:8331) on March 13, 2026.

Wakachiku Construction Co., Ltd. reported earnings results for the nine months ended December 31, 2025. For the nine months, the company reported sales was JPY 72,478 million compared to JPY 58,034 million a year ago. Revenue was JPY 75,060 million compared to JPY 60,444 million a year ago. Net income was JPY 2,601 million compared to JPY 2,137 million a year ago. Basic earnings per share from continuing operations was JPY 204.59 compared to JPY 167.88 a year ago.

ASO Corporation agreed to acquire an additional 8.43% stake in Wakachiku Construction Co., Ltd. (TSE:1888) from Sumitomo Mitsui Trust Bank, Limited, Sumitomo Mitsui Banking Corporation and The Chiba Bank, Ltd. (TSE:8331) for approximately ¥4.8 billion on February 12, 2026. A cash consideration valued at ¥4455 per share will be paid by ASO Corporation. Upon completion, ASO Corporation will own 51.06% stake in Wakachiku Construction Co., Ltd.

Wakachiku Construction Co., Ltd., Board Meeting, Feb 12, 2026. Agenda: To consider the passed a resolution, as stated in the "Notice Regarding Expression of Opinion on the Tender Offer for the Company Shares by ACVE Holdings, GK" released by the Company.

Wakachiku Construction Co., Ltd. decided to borrow funds pursuant to commitment line agreements concluded with 10 financial institutions for efficient procurement of working capital. The reason for implementing the borrowings was to efficiently raise working capital in the company. The date of borrowing was January 23, 2026. The counterparties to the agreement were a total of 10 trust banks, city banks and regional banks. The form of agreement was a syndication type commitment line agreement with a total amount of JPY 13,000 million. The company would repay JPY 11,500 million of existing loans and borrow JPY 13,000 million. The repayment period was February 6, 2026. The borrowings were unsecured.

Wakachiku Construction Co., Ltd. expected to report Fiscal Year 2026 results on May 12, 2026. This event was calculated by S&P Global (Created on February 9, 2026).

Wakachiku Construction Co., Ltd. announced that it decided to borrow funds (hereinafter referred to as the "Borrowings") pursuant to commitment line agreements concluded with 10 financial institutions for efficient procurement of working capital, as follows. 1. Reason for implementing the Borrowings To efficiently raise working capital in the Company. 2. Details of the Borrowings (1) Date of borrowing December 24, 2025 (2) Attribute of counterparty to the agreement Total of 10 trust banks, city banks and regional banks (3) The principal amount of the debt, the repayment deadline, and the details of the security attached to said debt (i) Form of agreement Syndication type commitment line agreement (total amount: JPY 13,000 million) (ii) Borrowing Amount We will repay JPY 9,000 million of existing loans and borrow JPY 13,000 million. (iii) Repayment period January 9, 2026 (iv) Details of collateral Unsecured (4) Details of financial covenants (i) The amount in the net assets section in the non-consolidated balance sheet as of the last day of each fiscal year is maintained at or above 75% of the larger of the amount of the net assets section in the non-consolidated balance sheet as of the last day of the fiscal year ending March 2025, or of the immediately preceding fiscal year; (ii) Ordinary profit and loss in the non-consolidated statement of income as of the last day of each fiscal year shall not be recorded as a loss for two consecutive periods.

Wakachiku Construction Co., Ltd. announced that they will report Q3, 2026 results on Feb 12, 2026

Wakachiku Construction Co., Ltd. announced that it decided to borrow funds (hereinafter referred to as the "Borrowings") pursuant to commitment line agreements concluded with 10 financial institutions for efficient procurement of working capital, as follows. Reason for implementing the Borrowings: To efficiently raise working capital in the Company. Details of the Borrowings: Date of borrowing. November 21, 2025. Attribute of counterparty to the agreement: Total of 10 trust banks, city banks and regional banks. Form of agreement: Syndication type commitment line agreement (total amount: JPY 13,000 million). Borrowing Amount: will repay JPY 3,000 million of existing loans and borrow JPY 10,000 million. Repayment period: December 5, 2025. Details of financial covenants. The amount in the net assets section in the non-consolidated balance sheet as of the last day of each fiscal year is maintained at or above 75% of the larger of the amount of the net assets section in the non-consolidated balance sheet as of the last day of the fiscal year ending March 2025, or of the immediately preceding fiscal year; Ordinary profit and loss in the non-consolidated statement of income as of the last day of each fiscal year shall not be recorded as a loss for two consecutive periods.

Wakachiku Construction Co., Ltd., ¥ 132., Cash Dividend, Mar-30-2026

Wakachiku Construction Co., Ltd. expected to report Q3 2026 results on February 6, 2026. This event was calculated by S&P Global (Created on November 10, 2025).