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OKAYA ELECTRIC INDUSTRIES, The Current Fiscal Year's Ordinary Loss to Narrow
6926 OKAYA ELECTRIC INDUSTRIES CO.,LTD. 【J-GAAP】
Earnings ReportOKAYA ELECTRIC INDUSTRIES CO.,LTD. <6926> [TSE Std] announced its financial results after the market closed on May 14th (15:35). The consolidated ordinary loss for the fiscal year ended March 2026 expanded to a loss of 1.77 billion yen (compared to a loss of 1.70 billion yen in the previous period), but it is expected to shrink to loss of 0.50 billion yen for the fiscal year ending March 2027. This will mark the third consecutive term of losses.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary loss improved to a deficit of 0.48 billion yen (compared to a loss of 0.53 billion yen in the same period last year). The operating profit/loss margin drastically improved from -20.7% in the same period last year to -15.6%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 14,323 | 400 | 429 | 120 | 5.4 | 4 | May 15, 2024 | J-GAAP |
| Mar, 2025 | 9,598 | -1,749 | -1,702 | -1,705 | -76.2 | 0 | May 14, 2025 | J-GAAP |
| Mar, 2026 | 10,228 | -1,738 | -1,771 | -1,622 | -72.5 | 0 | May 14, 2026 | J-GAAP |
| YoY | +6.6% | +0.6% | -4.1% | +4.9% | +4.9% |
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 | 11,000 | -970 | -945 | -970 | -43.3 | 0 | Nov 13, 2025 | J-GAAP |
| Mar, 2026 Results | 10,228 | -1,738 | -1,771 | -1,622 | -72.5 | 0 | May 14, 2026 | J-GAAP |
| Revision Rate | -7.0% | -79.2% | -87.4% | -67.2% | -67.3% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 4,981 | -1,004 | -981 | -974 | -43.6 | 0 | Nov 13, 2025 | J-GAAP |
| Apr - Sep, 2026 Guidance | 5,400 | -540 | -510 | -520 | -23.2 | 0 | May 14, 2026 | J-GAAP |
| YoY | +8.4% | +46.2% | +48.0% | +46.6% | +46.7% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 9,598 | -1,749 | -1,702 | -1,705 | -76.2 | 0 | May 14, 2025 | J-GAAP |
| Mar, 2026 | 10,228 | -1,738 | -1,771 | -1,622 | -72.5 | 0 | May 14, 2026 | J-GAAP |
| Mar, 2027 Guidance | 11,500 | -540 | -500 | -520 | -23.2 | 0 | May 14, 2026 | J-GAAP |
| YoY | +12.4% | +68.9% | +71.8% | +67.9% | +67.9% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 2,627 | -545 | -537 | -547 | -24.5 | -20.7 | May 14, 2025 | J-GAAP |
| Apr - Jun, 2025 | 2,328 | -539 | -517 | -489 | -21.9 | -23.2 | Aug 7, 2025 | J-GAAP |
| Jul - Sep, 2025 | 2,653 | -465 | -464 | -485 | -21.7 | -17.5 | Nov 13, 2025 | J-GAAP |
| Oct - Dec, 2025 | 2,513 | -308 | -309 | -281 | -12.6 | -12.3 | Feb 12, 2026 | J-GAAP |
| Jan - Mar, 2026 | 2,734 | -426 | -481 | -367 | -16.4 | -15.6 | May 14, 2026 | J-GAAP |
| YoY | +4.1% | +21.8% | +10.4% | +32.9% | +33.0% |
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