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OTEC, Last Fiscal Year Ordinary Profit Revised Upward by 14%, Exceeded Record Profit Forecast, Dividend Revised Upward by 10 yen

Mon Apr 28, 2025 3:30 pm JST Revision

1736 OTEC CORPORATION 【J-GAAP】

Guidance Update Report

OTEC CORPORATION <1736> [TSE Std] announced a revision to its performance and dividend after the market closed on April 28th (15:30). The consolidated ordinary profit for the fiscal year ending March 2025 has been revised upward 13.5%, from the previous forecast of 3.7 billion yen to 4.2 billion yen (compared to 2.17 billion yen in the previous period), increasing the growth rate from 70.3% to 93.3%. The company has further increased its previous forecast of record profits for the first time in five years.

Based on the upwardly revised full-year plan announced by the company, our calculation indicates that the October to March period (2H) consolidated ordinary profit is expected to increase 17.3%, from the previous forecast of 2.88 billion yen to 3.38 billion yen (compared to 1.52 billion yen in the same period of the previous year), increasing the growth rate from 89.2% to 2.2 times.

In light of the strong performance, the company has increased its planned year-end lump-sum dividend for the last fiscal year from the original plan of 160 yen to 170 yen (compared to 125 yen in the previous period).

Kabutan News

Guidance Update

Second Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 Prev 18,826 2,785 2,887 1,909 123.2 53.33 Feb 7, 2025 J-GAAP
Oct - Mar, 2024 New 19,026 3,305 3,387 2,359 152.8 56.67 Apr 28, 2025 J-GAAP
Revision Rate +1.1% +18.7% +17.3% +23.6% +24.0%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Prev 31,200 3,480 3,700 2,400 154.9 53.33 Feb 7, 2025 J-GAAP
Mar, 2025 New 31,400 4,000 4,200 2,850 184.5 56.67 Apr 28, 2025 J-GAAP
Revision Rate +0.6% +14.9% +13.5% +18.8% +19.1%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2023 17,260 1,470 1,526 1,053 68.7 41.67 May 13, 2024 J-GAAP
Oct - Mar, 2024 Guidance 19,026 3,305 3,387 2,359 152.8 56.67 Apr 28, 2025 J-GAAP
YoY +10.2% +124.8% +122.0% +124.0% +122.4%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 26,138 1,953 2,038 1,246 79.6 28.33 May 12, 2023 J-GAAP
Mar, 2024 29,374 2,026 2,173 1,386 90.4 41.67 May 13, 2024 J-GAAP
Mar, 2025 Guidance 31,400 4,000 4,200 2,850 184.5 56.67 Apr 28, 2025 J-GAAP
YoY +6.9% +97.4% +93.3% +105.6% +104.1%

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