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OVAL opens afternoon session with buy orders as FY2026 operating profit beats forecast on improved sales mix

Mon Apr 27, 2026 12:41 pm JST Catalyst

OVAL Corporation <7727> opened the afternoon session with buy orders. The company announced around noon that its consolidated operating profit for the fiscal year ending March 2026, currently being finalized, is expected to reach 1.7 billion yen (up 19.5% year-on-year), exceeding its previous forecast of 1.45 billion yen. Net profit is projected to rise to 1.409 billion yen (up 36.9% year-on-year) from 920 million yen. The market reacted positively to the announcement.

While OVAL maintained its previous sales forecast of 15.5 billion yen (up 3.0% year-on-year), improved pricing and a shift in the sales mix toward higher-margin products boosted profits. Additionally, raw material costs rose less than anticipated, and enhanced profitability in the systems business also supported the results.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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