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Obara Group Incorporated hits daily limit up on 47% operating profit growth in March interim period driven by strong flat polishing equipment sales

Mon May 11, 2026 1:08 pm JST Catalyst

OBARA GROUP INCORPORATED <6877> surged to its daily limit of 6,760 yen, touching a fresh year-to-date high. Following the May 7 announcement that its first-half results exceeded initial guidance, the company officially reported interim results for the period ended March 2026 after the May 8 close. Sales jumped 27.9% year-on-year to 36.067 billion yen, operating profit climbed 46.8% to 6.033 billion yen, and net profit rose 31.8% to 3.877 billion yen. While the results were largely in line with the revised figures from the previous day, the strong momentum reaffirmed investor confidence, triggering a rally fueled by short covering.

Performance in the flat polishing equipment segment remained robust, driven by diversifying applications for advanced semiconductor devices. Segment operating profit nearly doubled from the prior year to 2.49 billion yen. Meanwhile, the welding equipment business benefited from increased sales of machinery and consumables, with segment operating profit rising 12.2% to 3.095 billion yen.

Source: MINKABU PRESS

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

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