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Revision of earnings forecasts7727OVAL CorporationElectrical Equipment and Precision Instruments

Notice Regarding Revisions to the Earnings Forecast

For the full-year consolidated earnings forecast for the fiscal year ending March 2026, the forecasts for operating income, ordinary income, and net income attributable to owners of the parent were revised upward, while the sales forecast was left unchanged.

Worth reading
62In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
53.2
%
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ending March 2026 · Full yearPrevious forecast published 15 May 2025
Net Sales15,500→15,500million
0.0%
Operating profit1,450→1,700million
+17.2%
Ordinary income1,530→1,750million
+14.4%
Profit attributable to owners of the parent920→1,409million
+53.2%
Net income per share41.06→68.88yen and sen
+67.8%

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

Operating income and ordinary income are expected to exceed the previous forecasts due to improved selling prices, an improved sales mix centered on highly profitable products, lower-than-expected increases in raw material costs, and progress in improving profitability in the systems business. In addition, following a review of the estimate concerning the recoverability of deferred tax assets, net income attributable to owners of the parent is also expected to exceed the previous forecast.

Previous-period resultsSales: ¥15,048 million; operating income: ¥1,422 million; ordinary income: ¥1,444 million; net income attributable to owners of the parent: ¥1,029 million; earnings per share: ¥45.96
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥15,500 million → ¥15,500 million(0.0%)
Operating profit¥1,450 million → ¥1,700 million(+17.2%)
Ordinary income¥1,530 million → ¥1,750 million(+14.4%)
Profit attributable to owners of the parent¥920 million → ¥1,409 million(+53.2%)
Net income per share41.06 yen and sen → 68.88 yen and sen
Fiscal Period CoveredFiscal year ending March 2026
Period CoveredFull year
Publication date of previous forecast15 May 2025
Previous-period resultsSales: ¥15,048 million; operating income: ¥1,422 million; ordinary income: ¥1,444 million; net income attributable to owners of the parent: ¥1,029 million; earnings per share: ¥45.96
Reason for the revisionOperating income and ordinary income are expected to exceed the previous forecasts due to improved selling prices, an improved sales mix centered on highly profitable products, lower-than-expected increases in raw material costs, and progress in improving profitability in the systems business. In addition, following a review of the estimate concerning the recoverability of deferred tax assets, net income attributable to owners of the parent is also expected to exceed the previous forecast.
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.

Operating income and ordinary income are expected to exceed the previous forecasts due to improved selling prices, an improved sales mix centered on highly profitable products, lower-than-expected increases in raw material costs, and improved profitability in the systems business. In addition, following a review of the estimate concerning the recoverability of deferred tax assets, net income attributable to owners of the parent is also expected to exceed the previous forecast.

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 Revisions to the Earnings Forecast | OVAL Corporation (7727) timely disclosure | Komori