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Financial results presentation9268OPTIMUS GROUP COMPANY LIMITEDTrading & Wholesale

Financial Results Presentation for the Second Quarter of the Fiscal Year Ending March 2027

Although revenue increased in the second quarter of the fiscal year ending March 2027, intensified competition in the Australian business and an allowance for doubtful accounts on loans to OzCar resulted in a loss before tax and a loss attributable to owners of the parent. In response, the full-year forecasts for operating profit, profit before tax and profit attributable to owners of the parent were revised downward, while the revenue and annual dividend forecasts were left unchanged or revised upward.

Worth reading
59In focus
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Direction
Mixed performance
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Scale
3000
¥ million (change in full-year profit before tax)
Wording
Conditional
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An allowance for doubtful accounts of ¥1,353 million was recorded for loans and other receivables from related companies concerning OzCar. Profit was also weighed down by a decline in Autopact's gross margin due to intensified competition in the Australian automotive market and the shift to EVs, as well as higher interest expense resulting from rising interest rates. Meanwhile, the revenue forecast was revised upward, reflecting performance in New Zealand, Europe and Autocare, together with the weaker yen.

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Financial Results Presentation for the Second Quarter of the Fiscal Year Ending March 2027 | OPTIMUS GROUP COMPANY LIMITED (9268) timely disclosure | Komori