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Revisions to earnings forecasts5122OKAMOTO INDUSTRIES,INC.Automobiles & Transportation Equipment

Notice Regarding Differences Between Forecast and Actual Results for the Cumulative Consolidated Period of the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027

Consolidated results for the second quarter (interim period) of the fiscal year ending March 2027 exceeded the forecast announced on 7 August 2026. While the upside in net sales was modest, operating profit was 13.6% above forecast and interim net income attributable to owners of the parent was 18.9% above forecast.

Worth reading
57In focus
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Direction
Improvement
Direction inferred from the company’s description.
Scale
567
¥ million
Wording
Conditional
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Cumulative consolidated period for the second quarter (interim period)Previous forecast published 7 August 2026
Net Sales58,000→58,050million
+0.1%
Operating profit3,800→4,315million
+13.6%
Ordinary income4,900→5,349million
+9.2%
Profit attributable to owners of the parent3,000→3,567million
+18.9%
Net income per share175.89→209.67yen and sen
+19.2%

The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.

Reason for the revision

Actual results exceeded the forecast due to proactive order-taking in response to demand amid heightened tensions in the Middle East, price revisions reflecting market trends, foreign exchange rates trending weaker against the yen than assumed, cost reductions through rigorous process and cost management, and the easing of the surge in flame-retardant (antimony) prices.

Previous-period resultsSecond quarter (interim period) of the previous fiscal year: net sales ¥52,899 million, operating profit ¥2,503 million, ordinary profit ¥3,384 million, net income attributable to owners of the parent ¥1,943 million, and net income per share ¥112.83
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥58,000 million → ¥58,050 million(+0.1%)
Operating profit¥3,800 million → ¥4,315 million(+13.6%)
Ordinary income¥4,900 million → ¥5,349 million(+9.2%)
Profit attributable to owners of the parent¥3,000 million → ¥3,567 million(+18.9%)
Net income per share175.89 yen and sen → 209.67 yen and sen
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredCumulative consolidated period for the second quarter (interim period)
Publication date of previous forecast7 August 2026
Previous-period resultsSecond quarter (interim period) of the previous fiscal year: net sales ¥52,899 million, operating profit ¥2,503 million, ordinary profit ¥3,384 million, net income attributable to owners of the parent ¥1,943 million, and net income per share ¥112.83
Reason for the revisionActual results exceeded the forecast due to proactive order-taking in response to demand amid heightened tensions in the Middle East, price revisions reflecting market trends, foreign exchange rates trending weaker against the yen than assumed, cost reductions through rigorous process and cost management, and the easing of the surge in flame-retardant (antimony) prices.
Consolidated / non-consolidatedConsolidated
Items this document does not state (2)
Details and amount of extraordinary lossDividend forecast revision

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

In the Industrial Products and Household Products businesses, net sales were boosted by proactive order-taking in response to demand amid heightened tensions in the Middle East, price revisions reflecting market trends, and foreign exchange rates that were weaker against the yen than assumed. On the earnings front, cost reductions through rigorous process and cost management, together with the easing of the surge in flame-retardant (antimony) prices, contributed to the results exceeding the forecast.

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Notice Regarding Differences Between Forecast and Actual Results for the Cumulative Consolidated Period of the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 | OKAMOTO INDUSTRIES,INC. (5122) timely disclosure | Komori