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OKAMOTO INDUSTRIES, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 26%
5122 OKAMOTO INDUSTRIES,INC. 【J-GAAP】
Earnings ReportOKAMOTO INDUSTRIES,INC. <5122> [TSE Prime] announced its financial results after the market closed on February 10th (16:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) decreased 26.3% from the same period last year to 6.22 billion yen. However, Progress toward the full-year plan of 7.00 billion yen was 88.9%, also surpassing the five-year average of 81.0%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the January to March period (4Q) is expected to drop 41.2% from the same period last year to 0.77 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 2.83 billion yen, a 17.2% decrease compared to the same period last year. The operating profit margin worsened from 7.7% in the same period last year to 6.5%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Dec, 2023 | 79,400 | 8,018 | 9,487 | 7,005 | 398.5 | 78.5 | Feb 9, 2024 | J-GAAP |
| Apr - Dec, 2024 | 83,046 | 7,112 | 8,443 | 5,079 | 291.4 | 86.5 | Feb 7, 2025 | J-GAAP |
| Apr - Dec, 2025 | 80,679 | 4,302 | 6,223 | 3,626 | 211.0 | 88.9 | Feb 10, 2026 | J-GAAP |
| YoY | -2.9% | -39.5% | -26.3% | -28.6% | -27.6% |
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 | 54,618 | 3,782 | 4,749 | 3,694 | 212.2 | 60 | May 13, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 56,101 | 3,197 | 3,616 | 2,357 | 137.9 | 60 | Nov 7, 2025 | J-GAAP |
| YoY | +2.7% | -15.5% | -23.9% | -36.2% | -35.0% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 106,123 | 10,040 | 12,087 | 7,388 | 420.3 | 135 | May 13, 2024 | J-GAAP |
| Mar, 2025 | 109,107 | 8,701 | 9,764 | 6,674 | 383.4 | 120 | May 13, 2025 | J-GAAP |
| Mar, 2026 Guidance | 109,000 | 5,700 | 7,000 | 4,300 | 251.6 | 120 | May 13, 2025 | J-GAAP |
| YoY | -0.1% | -34.5% | -28.3% | -35.6% | -34.4% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 28,557 | 2,193 | 3,428 | 2,099 | 120.4 | 7.7 | Feb 7, 2025 | J-GAAP |
| Jan - Mar, 2025 | 26,061 | 1,589 | 1,321 | 1,595 | 91.6 | 6.1 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 26,929 | 814 | 1,264 | 478 | 27.7 | 3.0 | Aug 5, 2025 | J-GAAP |
| Jul - Sep, 2025 | 25,970 | 1,689 | 2,120 | 1,465 | 85.1 | 6.5 | Nov 7, 2025 | J-GAAP |
| Oct - Dec, 2025 | 27,780 | 1,799 | 2,839 | 1,683 | 97.9 | 6.5 | Feb 10, 2026 | J-GAAP |
| YoY | -2.7% | -18.0% | -17.2% | -19.8% | -18.7% |
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