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Oki Electric Industry, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 18%

Thu Feb 5, 2026 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 February 5th (13:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) increased 14.9% from the same period last year, reaching 6.46 billion yen.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 17.6%, from the previous forecast of 17.0 billion yen to 20.0 billion yen (compared to 16.8 billion yen in the previous period), increasing the growth rate from 1.1% to 19.0%.

Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the October to March period (second half) is expected to increase 18.6%, from the previous forecast of 16.1 billion yen to 19.1 billion yen (compared to 12.3 billion yen in the same period of the previous year), increasing the growth rate from 30.9% to 55.2%.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit surged 4.9 times that of the same period last year, reaching 5.61 billion yen. The operating profit margin significantly improved from 1.3% in the same period last year to 4.7%.

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Actual Results

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Dec, 2023 286,642 5,842 4,787 1,999 23.1 26.2 Feb 7, 2024 J-GAAP
Apr - Dec, 2024 307,000 7,631 5,624 1,975 22.8 33.5 Feb 6, 2025 J-GAAP
Apr - Dec, 2025 282,225 6,061 6,463 7,376 85.0 32.3 Feb 5, 2026 J-GAAP
YoY -8.1% -20.6% +14.9% +273.5% +273.1%

Guidance Update

Second Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2025 Prev 260,604 17,793 16,147 15,413 177.7 50 Nov 6, 2025 J-GAAP
Oct - Mar, 2025 New 250,604 18,793 19,147 18,413 212.3 50 Feb 5, 2026 J-GAAP
Revision Rate -3.8% +5.6% +18.6% +19.5% +19.5%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 440,000 19,000 17,000 16,000 184.5 50 Nov 6, 2025 J-GAAP
Mar, 2026 New 430,000 20,000 20,000 19,000 219.0 50 Feb 5, 2026 J-GAAP
Revision Rate -2.3% +5.3% +17.6% +18.8% +18.7%

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 250,604 18,793 19,147 18,413 212.3 50 Feb 5, 2026 J-GAAP
YoY -1.6% +50.7% +55.2% +82.3% +82.2%

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 430,000 20,000 20,000 19,000 219.0 50 Feb 5, 2026 J-GAAP
YoY -5.0% +7.4% +19.0% +52.3% +52.2%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
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
Oct - Dec, 2025 102,829 4,854 5,610 6,789 78.3 4.7 Feb 5, 2026 J-GAAP
YoY -6.0% +229.1% +386.6% － －

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