Okamoto Industries (5122) Q1 2027 earnings summary

Executive summary

• Net sales rose 7.4% year-over-year to ¥28,923 million for the quarter ended June 30, 2026, driven by proactive order-taking, price revisions, and favorable foreign exchange effects.

• Operating profit surged 90.3% year-over-year to ¥1,549 million, and ordinary profit doubled to ¥2,534 million.

• Profit attributable to owners of parent increased 270.9% year-over-year to ¥1,775 million, reflecting higher sales and stabilized raw material costs.

Financial highlights

• Gross profit increased to ¥5,744 million from ¥4,640 million year-over-year.

• Net income per share rose to ¥104.09 from ¥27.68 year-over-year.

• Comprehensive income reached ¥1,505 million, up from ¥271 million in the prior year.

• Total assets stood at ¥162,042 million as of June 30, 2026, down slightly from ¥164,167 million at the previous fiscal year-end.

• Equity ratio remained stable at 67.4%.

Outlook and guidance

• Full-year net sales forecast revised to ¥115,000 million, up 6.4% year-over-year.

• Operating income projected at ¥6,700 million, ordinary income at ¥8,700 million, and profit attributable to owners of parent at ¥5,700 million.

• Dividend forecast revised upward to ¥130 per share for FY2027.