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OHBA Reports 7.5% Rise in Q3 Operating Profit, Announces Share Buyback and Cancellation
OHBA <9765> announced its third-quarter cumulative (June 2025 to February 2026) consolidated financial results after the close of trading, reporting net sales of \11.13 billion (down 7.5% year-on-year), operating profit of \1.305 billion (up 7.5%), and net profit of \1.004 billion (up 16.8%).
While net sales declined due to the absence of one-time service agency revenue from land readjustment projects ? which weighed on the business solution segment ? the core construction consulting business delivered sales growth and improved profit margins, supported by a favorable order environment from both government agencies and private-sector clients, driving operating profit higher. The company maintained its full-year earnings forecast for the fiscal year ending May 2026, projecting net sales of \17 billion (down 6.1% year-on-year), operating profit of \2 billion (up 3.3%), and net profit of \1.4 billion (up 4.9%).
Simultaneously, the company announced a share buyback and cancellation program. The buyback will be capped at 250,000 shares (1.58% of issued shares excluding treasury stock) or \200 million, with the acquisition period running from April 10 to March 31 of next year. Additionally, 250,000 shares will be cancelled on April 30. Following the cancellation, total shares outstanding will stand at 16.5 million.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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