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OKAMOTO INDUSTRIES, Jul-Sep (2Q) Ordinary Profit Increases by 49%
5122 OKAMOTO INDUSTRIES,INC. 【J-GAAP】
Earnings ReportOKAMOTO INDUSTRIES,INC. <5122> [TSE Prime] announced its financial results after the market closed on November 7th (16:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) dropped 32.5% from the same period last year to 3.38 billion yen. Progress toward the full-year plan of 7.00 billion yen was 48.3%, almost the same as the five-year average of 49.3%.
Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to decrease 23.9% from the same period last year to 3.61 billion yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit increased 49.0% from the same period last year, reaching 2.12 billion yen. However, the operating profit margin worsened from 8.4% in the same period last year to 6.5%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2023 | 50,959 | 4,767 | 6,006 | 4,578 | 260.2 | 49.7 | Nov 10, 2023 | J-GAAP |
| Apr - Sep, 2024 | 54,489 | 4,919 | 5,015 | 2,980 | 170.7 | 51.4 | Nov 8, 2024 | J-GAAP |
| Apr - Sep, 2025 | 52,899 | 2,503 | 3,384 | 1,943 | 112.8 | 48.3 | Nov 7, 2025 | J-GAAP |
| YoY | -2.9% | -49.1% | -32.5% | -34.8% | -33.9% |
First Half Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 Guidance | 52,000 | 2,000 | 2,300 | 1,100 | 64.4 | 60 | May 13, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 52,899 | 2,503 | 3,384 | 1,943 | 112.8 | 60 | Nov 7, 2025 | J-GAAP |
| Revision Rate | +1.7% | +25.2% | +47.1% | +76.6% | +75.3% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2024 | 54,618 | 3,782 | 4,749 | 3,694 | 212.2 | 60 | May 13, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 56,101 | 3,197 | 3,616 | 2,357 | 137.9 | 60 | Nov 7, 2025 | J-GAAP |
| YoY | +2.7% | -15.5% | -23.9% | -36.2% | -35.0% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 106,123 | 10,040 | 12,087 | 7,388 | 420.3 | 135 | May 13, 2024 | J-GAAP |
| Mar, 2025 | 109,107 | 8,701 | 9,764 | 6,674 | 383.4 | 120 | May 13, 2025 | J-GAAP |
| Mar, 2026 Guidance | 109,000 | 5,700 | 7,000 | 4,300 | 251.6 | 120 | May 13, 2025 | J-GAAP |
| YoY | -0.1% | -34.5% | -28.3% | -35.6% | -34.4% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 28,423 | 2,381 | 1,423 | 770 | 44.1 | 8.4 | Nov 8, 2024 | J-GAAP |
| Oct - Dec, 2024 | 28,557 | 2,193 | 3,428 | 2,099 | 120.4 | 7.7 | Feb 7, 2025 | J-GAAP |
| Jan - Mar, 2025 | 26,061 | 1,589 | 1,321 | 1,595 | 91.6 | 6.1 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 26,929 | 814 | 1,264 | 478 | 27.7 | 3.0 | Aug 5, 2025 | J-GAAP |
| Jul - Sep, 2025 | 25,970 | 1,689 | 2,120 | 1,465 | 85.1 | 6.5 | Nov 7, 2025 | J-GAAP |
| YoY | -8.6% | -29.1% | +49.0% | +90.3% | +92.9% |
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