Komori
Revisions to earnings forecasts6926OKAYA ELECTRIC INDUSTRIES CO.,LTD.Electric Appliances & Precision Instruments

Notice Regarding Differences Between Consolidated Earnings Forecast and Actual Results for the Second Quarter (Interim Period)

In the second quarter (interim period) of the fiscal year ending March 2027, revenue was ¥588 million above forecast, while operating profit, ordinary profit, and interim net income were all further below zero than forecast. The full-year consolidated earnings forecasts remain unchanged from the figures announced on 14 May 2026.

Worth reading
57In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
588
¥ million (change in net sales)
Wording
Conditional
How definitive the wording is.

Revised forecast

fiscal year ending March 2027 · Second quarter (interim period)Previous forecast published 14 May 2026
Net Sales5,400→5,988million
+10.9%
Operating profit-540→-878million
-62.6%
Ordinary income-510→-871million
-70.8%
Profit attributable to owners of the parent-520→-823million (interim net profit)
-58.3%
Net income per share-23.23→-36.79yen and sen (interim net income)
-58.4%

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

Revenue exceeded forecast because sales to industrial equipment customers increased, mainly in Japan, against the backdrop of solid demand for AI- and data-center-related products and factory automation products, among others. Profit fell below forecast because higher raw-material procurement costs, including those resulting from the situation in the Middle East, came ahead of cost reductions including product price revisions and material reviews.

Previous-period resultsSecond-quarter consolidated results for the fiscal year ended March 2026: revenue ¥4,981 million, operating loss ¥1,004 million, ordinary loss ¥981 million, interim net loss attributable to owners of the parent ¥974 million, interim net loss per share ¥43.56
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥5,400 million → ¥5,988 million(+10.9%)
Operating profit¥-540 million → ¥-878 million
Ordinary income¥-510 million → ¥-871 million
Profit attributable to owners of the parent¥-520 million (interim net profit) → ¥-823 million (interim net profit)
Net income per share-23.23 yen and sen (interim net income) → -36.79 yen and sen (interim net income)
Fiscal Period Coveredfiscal year ending March 2027
Period CoveredSecond quarter (interim period)
Publication date of previous forecast14 May 2026
Previous-period resultsSecond-quarter consolidated results for the fiscal year ended March 2026: revenue ¥4,981 million, operating loss ¥1,004 million, ordinary loss ¥981 million, interim net loss attributable to owners of the parent ¥974 million, interim net loss per share ¥43.56
Reason for the revisionRevenue exceeded forecast because sales to industrial equipment customers increased, mainly in Japan, against the backdrop of solid demand for AI- and data-center-related products and factory automation products, among others. Profit fell below forecast because higher raw-material procurement costs, including those resulting from the situation in the Middle East, came ahead of cost reductions including product price revisions and material reviews.
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.

Revenue increased mainly in Japan in the company's core industrial equipment market, supported by solid demand for AI- and data-center-related products and factory automation products. Profit fell below forecast because higher raw-material procurement costs, driven in part by the situation in the Middle East, came ahead of cost reductions such as product price revisions and material reviews.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding Differences Between Consolidated Earnings Forecast and Actual Results for the Second Quarter (Interim Period) | OKAYA ELECTRIC INDUSTRIES CO.,LTD. (6926) timely disclosure | Komori