Okumura (1833) investor relations material

Executive summary

• Net sales rose 3.0% year-over-year to ¥307,202 million, driven by strong performance in the Construction Business and progress on carried-over projects.

• Operating profit surged 63.7% year-over-year to ¥15,928 million, with ordinary profit up 183.6% to ¥25,313 million, aided by a gain on valuation of forward exchange contracts.

• Profit attributable to owners of parent increased 574.3% year-over-year to ¥18,360 million, reflecting the absence of prior-year impairment losses.

• Comprehensive income reached ¥30,735 million, a significant turnaround from a loss in the previous year.

Financial highlights

• Gross profit improved 22.0% year-over-year to ¥38,669 million, with gross margin gains in Construction.

• Net assets increased to ¥193,964 million, up ¥21,509 million from the prior year.

• Cash and cash equivalents at period-end were ¥15,676 million, down ¥11,764 million year-over-year.

• Basic earnings per share rose to ¥511.80 from ¥74.01 year-over-year.

Outlook and guidance

• FY2027 consolidated net sales forecast to decrease 1.0% year-over-year to ¥304,000 million.

• Operating profit projected to rise 28.7% to ¥20,500 million, while ordinary profit and profit attributable to owners of parent are expected to decline 18.2% and 16.1%, respectively, due to absence of one-time gains.

• Annual dividend for FY2027 planned at ¥300 per share, with a payout ratio of 70.4%.