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Oki Electric Industry, Net Income Forecast for the Fiscal Year Revised Upward by 14%

Thu Nov 6, 2025 1:00 pm JST Earnings

6703 Oki Electric Industry Company, Limited 【J-GAAP】

Earnings Report

Oki Electric Industry Company, Limited <6703> [TSE Prime] announced its financial results in the afternoon session on November 6th (13:00). The consolidated net income for the cumulative second quarter of the fiscal year ending March 2026 (April to September) significantly dropped 75.3% from the same period last year to 0.58 billion yen.

However, the full-year forecast for consolidated net income has been revised upward 14.3%, from the previous forecast of 14.0 billion yen to 16.0 billion yen (compared to 12.4 billion yen in the previous period), increasing the growth rate from 12.2% to 28.2%.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated net income for the October to March period (second half) is expected to expand 52.6% from the same period last year, reaching 15.4 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated net income surged 3.9 times that of the same period last year, reaching 2.23 billion yen. The operating profit margin improved from 2.3% in the same period last year to 2.7%.

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Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Sep, 2023 174,852 1,003 478 284 3.3 2.6 Nov 8, 2023 J-GAAP
Apr - Sep, 2024 197,664 6,156 4,471 2,380 27.5 26.6 Nov 7, 2024 J-GAAP
Apr - Sep, 2025 179,396 1,207 853 587 6.8 5.0 Nov 6, 2025 J-GAAP
YoY -9.2% -80.4% -80.9% -75.3% -75.3%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2025 Guidance ー ー ー ー － 0 May 8, 2025 J-GAAP
Apr - Sep, 2025 Results 179,396 1,207 853 587 6.8 0 Nov 6, 2025 J-GAAP
Revision Rate － － － － －

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 450,000 19,000 17,000 14,000 161.4 50 May 8, 2025 J-GAAP
Mar, 2026 New 440,000 19,000 17,000 16,000 184.4 50 Nov 6, 2025 J-GAAP
Revision Rate -2.2% 0.0% 0.0% +14.3% +14.3%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 254,793 12,471 12,337 10,099 116.5 45 May 8, 2025 J-GAAP
Oct - Mar, 2025 Guidance 260,604 17,793 16,147 15,413 177.7 50 Nov 6, 2025 J-GAAP
YoY +2.3% +42.7% +30.9% +52.6% +52.5%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 421,854 18,692 18,293 25,649 295.9 30 May 9, 2024 J-GAAP
Mar, 2025 452,457 18,627 16,808 12,479 143.9 45 May 8, 2025 J-GAAP
Mar, 2026 Guidance 440,000 19,000 17,000 16,000 184.4 50 Nov 6, 2025 J-GAAP
YoY -2.8% +2.0% +1.1% +28.2% +28.1%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 99,725 2,296 552 575 6.6 2.3 Nov 7, 2024 J-GAAP
Oct - Dec, 2024 109,336 1,475 1,153 -405 -4.7 1.3 Feb 6, 2025 J-GAAP
Jan - Mar, 2025 145,457 10,996 11,184 10,504 121.2 7.6 May 8, 2025 J-GAAP
Apr - Jun, 2025 85,077 -1,370 -1,563 -1,643 -19.0 -1.6 Aug 6, 2025 J-GAAP
Jul - Sep, 2025 94,319 2,577 2,416 2,230 25.7 2.7 Nov 6, 2025 J-GAAP
YoY -5.4% +12.2% +337.7% +287.8% +287.9%

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