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Odawara Engineering, 61% Decrease in Ordinary Profit for The Current Fiscal Year
6149 Odawara Engineering Co.,Ltd. 【J-GAAP】
Earnings ReportOdawara Engineering Co.,Ltd. <6149> [TSE Std] announced its financial results after the market closed on February 13th (15:30). The consolidated ordinary profit for the fiscal year ended December 2025 expanded to 2.5 times that of the previous period to 3.18 billion yen. However, for the fiscal year ending December 2026 is also bleak, with an expected significant drop by 61.0% from the previous period to 1.24 billion yen.
In the most recent three-month period, from October to December (4Q), the consolidated ordinary profit surged 2.8 times that of the same period last year, reaching 1.25 billion yen. The operating profit margin jumped from 11.8% in the same period last year to 19.4%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2023 | 14,703 | 2,012 | 2,129 | 1,529 | 268.9 | 50 | Feb 14, 2024 | J-GAAP |
| Dec, 2024 | 13,175 | 1,163 | 1,294 | 865 | 151.8 | 50 | Feb 14, 2025 | J-GAAP |
| Dec, 2025 | 18,238 | 3,051 | 3,183 | 2,315 | 405.1 | 70 | Feb 13, 2026 | J-GAAP |
| YoY | +38.4% | +162.3% | +146.0% | +167.6% | +166.9% |
Full Year Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2025 Guidance | 17,500 | 2,400 | 2,440 | 1,700 | 297.1 | 70 | Feb 14, 2025 | J-GAAP |
| Dec, 2025 Results | 18,238 | 3,051 | 3,183 | 2,315 | 405.1 | 70 | Feb 13, 2026 | J-GAAP |
| Revision Rate | +4.2% | +27.1% | +30.5% | +36.2% | +36.3% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2025 | 10,359 | 2,044 | 2,044 | 1,427 | 250.0 | 0 | Aug 12, 2025 | J-GAAP |
| Jan - Jun, 2026 Guidance | 7,500 | 950 | 980 | 680 | 118.9 | 0 | Feb 13, 2026 | J-GAAP |
| YoY | -27.6% | -53.5% | -52.1% | -52.3% | -52.5% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2024 | 13,175 | 1,163 | 1,294 | 865 | 151.8 | 50 | Feb 14, 2025 | J-GAAP |
| Dec, 2025 | 18,238 | 3,051 | 3,183 | 2,315 | 405.1 | 70 | Feb 13, 2026 | J-GAAP |
| Dec, 2026 Guidance | 14,000 | 1,170 | 1,240 | 860 | 150.3 | 70 | Feb 13, 2026 | J-GAAP |
| YoY | -23.2% | -61.7% | -61.0% | -62.9% | -62.9% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 3,232 | 382 | 448 | 410 | 71.9 | 11.8 | Feb 14, 2025 | J-GAAP |
| Jan - Mar, 2025 | 2,224 | -60 | -68 | -59 | -10.5 | -2.7 | May 14, 2025 | J-GAAP |
| Apr - Jun, 2025 | 8,135 | 2,104 | 2,112 | 1,486 | 260.3 | 25.9 | Aug 12, 2025 | J-GAAP |
| Jul - Sep, 2025 | 1,860 | -161 | -113 | -68 | -11.9 | -8.7 | Nov 13, 2025 | J-GAAP |
| Oct - Dec, 2025 | 6,019 | 1,168 | 1,252 | 956 | 167.3 | 19.4 | Feb 13, 2026 | J-GAAP |
| YoY | +86.2% | +205.8% | +179.5% | +133.2% | +132.5% |
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