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ORIENTAL CHAIN MFG, Ordinary Profit Forecast for the Fiscal Year Turns to Profit, Exceeds Expectations

Thu Feb 5, 2026 3:30 pm JST Earnings

6380 ORIENTAL CHAIN MFG. CO., LTD. 【J-GAAP】

Earnings Report

ORIENTAL CHAIN MFG. CO., LTD. <6380> [TSE Std] announced its financial results after the market closed on February 5th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) significantly dropped 81.6% from the same period last year to 18 million yen.

However, the full-year forecast for consolidated ordinary profit has been revised upward from an expected loss of 52 million yen to a profit of 13 million yen (compared to a profit of 145 million yen in the previous period), turning to a profit.

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) has been revised upward 23 times, from the previous forecast of 3 million yen to 68 million yen (compared to 71 million yen in the same period of the previous year), and the declining rate is expected to decrease from 95.8% to 4.2%.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit surged 3.0 times that of the same period last year, reaching 73 million yen. The operating profit margin drastically improved from 1.2% in the same period last year to 7.4%.

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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 3,096 158 178 111 80.2 81.3 Feb 8, 2024 J-GAAP
Apr - Dec, 2024 3,042 89 98 58 42.3 67.6 Feb 6, 2025 J-GAAP
Apr - Dec, 2025 3,116 29 18 162 117.0 138.5 Feb 5, 2026 J-GAAP
YoY +2.4% -67.4% -81.6% +179.3% +176.8%

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 1,872 9 3 3 2.2 15 Nov 5, 2025 J-GAAP
Oct - Mar, 2025 New 2,007 105 68 46 33.2 15 Feb 5, 2026 J-GAAP
Revision Rate +7.2% +1,066.7% +2,166.7% +1,433.3% +1,430.0%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 3,917 -41 -52 101 72.9 30 Nov 5, 2025 J-GAAP
Mar, 2026 New 4,052 55 13 144 103.9 30 Feb 5, 2026 J-GAAP
Revision Rate +3.4% － － +42.6% +42.6%

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 2,055 66 71 60 43.4 15 May 12, 2025 J-GAAP
Oct - Mar, 2025 Guidance 2,007 105 68 46 33.2 15 Feb 5, 2026 J-GAAP
YoY -2.3% +59.1% -4.2% -23.3% -23.6%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 4,082 201 219 149 107.7 30 May 9, 2024 J-GAAP
Mar, 2025 4,055 142 145 100 72.4 30 May 12, 2025 J-GAAP
Mar, 2026 Guidance 4,052 55 13 144 103.9 30 Feb 5, 2026 J-GAAP
YoY -0.1% -61.3% -91.0% +44.0% +43.5%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2024 1,042 13 24 18 13.1 1.2 Feb 6, 2025 J-GAAP
Jan - Mar, 2025 1,013 53 47 42 30.4 5.2 May 12, 2025 J-GAAP
Apr - Jun, 2025 1,083 8 4 4 3.5 0.7 Aug 7, 2025 J-GAAP
Jul - Sep, 2025 962 -58 -59 94 68.0 -6.0 Nov 5, 2025 J-GAAP
Oct - Dec, 2025 1,071 79 73 64 46.2 7.4 Feb 5, 2026 J-GAAP
YoY +2.8% +507.7% +204.2% +255.6% +252.3%

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