kabutan

OKUMA, Ordinary Profit Forecast for the Fiscal Year Revised Downward to an Unexpected 7% Decrease

Thu Nov 6, 2025 3:40 pm JST Earnings

6103 OKUMA Corporation 【J-GAAP】

Earnings Report

OKUMA Corporation <6103> [TSE Prime] announced its financial results after the market closed on November 6th (15:40). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) increased 14.6% from the same period last year, reaching 6.21 billion yen.

However, the full-year forecast for consolidated ordinary profit has decreased 35.6%, from the previous forecast of 22.5 billion yen to 14.5 billion yen (compared to 15.5 billion yen in the previous period). This changes the outlook from an anticipated profit increase to a projection of a 6.6% decrease in profit.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to decrease 18.0% from the same period last year to 8.28 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit surged 2.2 times that of the same period last year, reaching 4.06 billion yen. The operating profit margin improved from 5.1% in the same period last year to 7.4%.

Kabutan News

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 110,512 11,975 12,510 8,751 141.9 48.9 Oct 31, 2023 J-GAAP
Apr - Sep, 2024 95,247 5,626 5,421 3,580 59.1 34.9 Oct 31, 2024 J-GAAP
Apr - Sep, 2025 105,217 6,058 6,213 4,553 75.3 42.8 Nov 6, 2025 J-GAAP
YoY +10.5% +7.7% +14.6% +27.2% +27.3%

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 113,000 9,500 9,500 6,000 99.2 50 May 9, 2025 J-GAAP
Apr - Sep, 2025 Results 105,217 6,058 6,213 4,553 75.3 50 Nov 6, 2025 J-GAAP
Revision Rate -6.9% -36.2% -34.6% -24.1% -24.1%

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 230,000 22,000 22,500 15,000 247.9 100 May 9, 2025 J-GAAP
Mar, 2026 New 220,000 14,000 14,500 10,000 165.3 100 Nov 6, 2025 J-GAAP
Revision Rate -4.3% -36.4% -35.6% -33.3% -33.3%

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 111,575 9,025 10,107 6,010 99.3 50 May 9, 2025 J-GAAP
Oct - Mar, 2025 Guidance 114,783 7,942 8,287 5,447 90.0 50 Nov 6, 2025 J-GAAP
YoY +2.9% -12.0% -18.0% -9.4% -9.4%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 227,994 25,364 25,557 19,381 314.9 100 May 10, 2024 J-GAAP
Mar, 2025 206,822 14,651 15,528 9,590 158.5 100 May 9, 2025 J-GAAP
Mar, 2026 Guidance 220,000 14,000 14,500 10,000 165.3 100 Nov 6, 2025 J-GAAP
YoY +6.4% -4.4% -6.6% +4.3% +4.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 49,918 2,560 1,812 1,144 18.9 5.1 Oct 31, 2024 J-GAAP
Oct - Dec, 2024 53,720 4,501 5,874 3,918 64.7 8.4 Feb 5, 2025 J-GAAP
Jan - Mar, 2025 57,855 4,524 4,233 2,092 34.6 7.8 May 9, 2025 J-GAAP
Apr - Jun, 2025 44,646 1,599 2,152 1,409 23.3 3.6 Aug 5, 2025 J-GAAP
Jul - Sep, 2025 60,571 4,459 4,061 3,144 52.0 7.4 Nov 6, 2025 J-GAAP
YoY +21.3% +74.2% +124.1% +174.8% +175.0%

Related Articles