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Oki Electric Industry, Last Fiscal Year's Ordinary Profit Exceeds Expectations, 1% Increase in Ordinary Profit for The Current Fiscal Year, Increased Previous Year's Dividend by 15 yen, This Fiscal Year to Increase Dividend by 5 yen

Thu May 8, 2025 1:00 pm JST Earnings

6703 Oki Electric Industry Company, Limited 【J-GAAP】

Earnings Report

Oki Electric Industry Company, Limited <6703> [TSE Prime] announced its financial results in the afternoon session on May 8th (13:00). The consolidated ordinary profit for the fiscal year ending March 2025 decreased 8.1% from the previous period to 16.8 billion yen, although it exceeded the initial forecast of 14.5 billion yen. For the fiscal year ending March 2026, the consolidated ordinary profit is expected to grow by 1.1% to 17 billion yen.

At the same time, the company increased the annual dividend for the previous term from 30 yen to 45 yen (compared to 30 yen in the prior term), and has decided to increase the dividend this fiscal year to 50 yen, an increase of 5 yen from the previous fiscal year.

In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit decreased to 11.1 billion yen, a 17.2% decrease compared to the same period last year. The operating profit margin worsened from 9.5% in the same period last year to 7.6%.

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Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 369,096 2,403 -328 -2,800 -32.3 20 May 10, 2023 J-GAAP
Mar, 2024 421,854 18,692 18,293 25,649 295.9 30 May 9, 2024 J-GAAP
Mar, 2025 452,457 18,627 16,808 12,479 143.9 45 May 8, 2025 J-GAAP
YoY +7.3% -0.3% -8.1% -51.3% -51.4%

Full Year Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Guidance 453,000 16,000 14,500 9,500 109.6 30 Feb 6, 2025 J-GAAP
Mar, 2025 Results 452,457 18,627 16,808 12,479 143.9 45 May 8, 2025 J-GAAP
Revision Rate -0.1% +16.4% +15.9% +31.4% +31.4%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2024 197,664 6,156 4,471 2,380 27.5 0 Nov 7, 2024 J-GAAP
Apr - Sep, 2025 Guidance ー ー ー ー － 0 May 8, 2025 J-GAAP
YoY － － － － －

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 421,854 18,692 18,293 25,649 295.9 30 May 9, 2024 J-GAAP
Mar, 2025 452,457 18,627 16,808 12,479 143.9 45 May 8, 2025 J-GAAP
Mar, 2026 Guidance 450,000 19,000 17,000 14,000 161.4 50 May 8, 2025 J-GAAP
YoY -0.5% +2.0% +1.1% +12.2% +12.1%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jan - Mar, 2024 135,212 12,850 13,506 23,650 272.9 9.5 May 9, 2024 J-GAAP
Apr - Jun, 2024 97,939 3,860 3,919 1,805 20.8 3.9 Aug 8, 2024 J-GAAP
Jul - Sep, 2024 99,725 2,296 552 575 6.6 2.3 Nov 7, 2024 J-GAAP
Oct - Dec, 2024 109,336 1,475 1,153 -405 -4.7 1.3 Feb 6, 2025 J-GAAP
Jan - Mar, 2025 145,457 10,996 11,184 10,504 121.2 7.6 May 8, 2025 J-GAAP
YoY +7.6% -14.4% -17.2% -55.6% -55.6%

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