Okuma (6103) Q4 2026 earnings summary

Executive summary

• Net sales rose 14.1% year-over-year to ¥235,888 million, with profit attributable to owners up 30.9% to ¥12,554 million.

• Orders received increased 11.7% year-over-year, driven by strong demand in the U.S. and recovery in Japan and China.

• Major investments in automation, production efficiency, and decarbonization initiatives were completed, including new facilities and expanded manufacturing capacity.

Financial highlights

• Operating profit increased 5.8% year-over-year to ¥15,505 million; ordinary profit up 5.5% to ¥16,380 million.

• Comprehensive income surged to ¥28,910 million from ¥7,537 million the prior year.

• Cash flows from operating activities were ¥23,821 million, while investing activities used ¥29,233 million.

• Cash and cash equivalents at year-end were ¥47,764 million.

Outlook and guidance

• Fiscal year ending March 31, 2027, forecasts: net sales ¥245,000 million (+3.9%), operating profit ¥19,000 million (+22.5%), profit attributable to owners ¥13,000 million (+3.5%).

• Demand expected to remain firm in growth sectors such as aviation, defense, energy, and semiconductors, despite global uncertainties.