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OKUMA, Last Fiscal Year's Ordinary Profit Unexpectedly Increases, 19% Increase in The Current Fiscal Year
6103 OKUMA Corporation 【J-GAAP】
Earnings ReportOKUMA Corporation <6103> [TSE Prime] announced its financial results after the market closed on May 12th (15:40). The consolidated ordinary profit for the fiscal year ended March 2026 increased by 5.5% from the previous period to 16.3 billion yen exceeding the previous forecast of 14.5 billion yen and resulted in an increase in profit, a complete reversal from the forecast for a decline in profit. For the fiscal year ending March 2027, the consolidated ordinary profit is expected to grow by 19.0% to 19.5 billion yen.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit grew 21.9% from the same period last year, reaching 5.15 billion yen. However, the operating profit margin worsened from 7.8% in the same period last year to 7.3%.
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Actual Results
| 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 | 235,888 | 15,505 | 16,380 | 12,554 | 208.0 | 100 | May 12, 2026 | J-GAAP |
| YoY | +14.1% | +5.8% | +5.5% | +30.9% | +31.3% |
Full Year Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Guidance | 220,000 | 14,000 | 14,500 | 10,000 | 166.8 | 100 | Nov 6, 2025 | J-GAAP |
| Mar, 2026 Results | 235,888 | 15,505 | 16,380 | 12,554 | 208.0 | 100 | May 12, 2026 | J-GAAP |
| Revision Rate | +7.2% | +10.8% | +13.0% | +25.5% | +24.7% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 105,217 | 6,058 | 6,213 | 4,553 | 75.3 | 50 | Nov 6, 2025 | J-GAAP |
| Apr - Sep, 2026 Guidance | 117,000 | 8,000 | 8,500 | 5,500 | 93.2 | 50 | May 12, 2026 | J-GAAP |
| YoY | +11.2% | +32.1% | +36.8% | +20.8% | +23.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 206,822 | 14,651 | 15,528 | 9,590 | 158.5 | 100 | May 9, 2025 | J-GAAP |
| Mar, 2026 | 235,888 | 15,505 | 16,380 | 12,554 | 208.0 | 100 | May 12, 2026 | J-GAAP |
| Mar, 2027 Guidance | 245,000 | 19,000 | 19,500 | 13,000 | 220.2 | 100 | May 12, 2026 | J-GAAP |
| YoY | +3.9% | +22.5% | +19.0% | +3.6% | +5.8% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| 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 |
| Oct - Dec, 2025 | 61,291 | 4,383 | 5,009 | 3,990 | 65.9 | 7.2 | Feb 4, 2026 | J-GAAP |
| Jan - Mar, 2026 | 69,380 | 5,064 | 5,158 | 4,011 | 66.5 | 7.3 | May 12, 2026 | J-GAAP |
| YoY | +19.9% | +11.9% | +21.9% | +91.7% | +92.3% |
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