Komori
Earnings9755OYO CorporationInformation and Communications, Services and Others

Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated)

For the interim period of the fiscal year ending December 2026, net sales decreased 4.5% year on year and operating profit decreased 27.2%. Ordinary profit and interim net income attributable to owners of the parent also declined. Full-year earnings forecasts and the annual dividend forecast remain unchanged from the previous forecasts.

Worth reading
47Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
27.2
% (year-on-year decline in operating income)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 January 2026–30 June 2026ConsolidatedJapanese GAAP
Net Sales35,161¥ millionYear on year -4.5%Progress 46.9%
Operating profit1,950¥ millionYear on year -27.2%Progress 46.4%
Ordinary income2,245¥ millionYear on year -26.9%Progress 46.8%
Net income attributable to owners of the parent1,658¥ millionYear on year -36.2%Progress 42.5%

The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.

Net income per share¥72.78
Financial position at period-end
Total assets104,643¥ million
of which net assets 79,306 ¥ millionEquity ratio 74.9%vs. prior year-end +3.1pt

塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.

Cash inflows and outflows
Operating+16,577
Investment+149
Financials-2,439
Net change+14,287

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.

Cash and cash equivalents at end of period¥32,395 million
Segment revenue
Disaster Prevention and Infrastructure Business15,03142.4%+109.6%
Environmental and energy business11,82233.3%+78.0%
International Business8,59824.3%+104.8%
Segment profit
Disaster Prevention and Infrastructure Business2,118+564.2%
Environmental and energy business377+14.2%
International Business-548
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥75,000 million (YoY -1.7%)
Operating profit¥4,200 million (YoY +2.2%)
Ordinary income¥4,800 million (YoY -3.1%)
Net income¥3,900 million (YoY -10.0%)
Annual Dividend Forecast¥110 → ¥110(0.0%)
Factors Behind Changes in Business Performance

The Disaster Prevention and Infrastructure business reported higher profit despite a decline following the completion of disaster-recovery-related work connected with the Noto Peninsula Earthquake, supported by higher sales, stringent cost management and productivity improvements. The Environment and Energy business reported lower sales and profit due to declining demand for detailed surveys related to offshore wind power generation, the timing of revenue recognition for large projects being weighted toward the second half, some domestic subsidiaries falling short of their sales targets, and costs being incurred ahead of revenue. In the International business, demand in Asia-Pacific remained firm, but the operating loss widened due to lower sales at the U.S. subsidiary resulting from stagnant offshore wind markets in Europe and the United States and geopolitical factors.

Disclosure regarding the going concern assumption

No applicable matters ("There are no applicable matters")

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNo material changes through additions or exclusions (0 companies)
Impairment lossNone recorded for the interim period (impairment loss in the interim consolidated income statement: "-")
Breakdown of extraordinary income (loss)Extraordinary income Subsidy income ¥3 million, Gain on sale of investment securities ¥256 million, Gain on sale of non-current assets ¥49 million / Extraordinary loss Loss on sale of fixed assets ¥39 million, Loss on sale of investment securities ¥0 million, Impairment Losses ¥0 million
Depreciation and amortization¥866 million
Orders received and order backlogOrders received ¥46.728 billion / Order backlog Not disclosed
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Institutional investors
Issued Shares at Period-End24,322,000 Shares
Treasury Shares at Period-End1,528,633 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 January 2026–30 June 2026
Net Sales¥35,161 million (YoY -4.5%)
Operating profit¥1,950 million (YoY -27.2%)
Ordinary income¥2,245 million (YoY -26.9%)
Profit attributable to owners of the parent¥1,658 million (YoY -36.2%)
Net income per share¥72.78
Equity ratioEnd of the current fiscal period 74.9% / End of previous period 71.8%
Total assets¥104,643 million
Net assets¥79,306 million
Cash flows from operating activities¥16,577 million
Cash flows from investing activities¥149 million
Cash flows from financing activities¥-2,439 million
Cash and cash equivalents at end of period¥32,395 million
Full-year earnings forecastNet Sales ¥75,000 million (YoY -1.7%) / Operating profit ¥4,200 million (YoY +2.2%) / Ordinary income ¥4,800 million (YoY -3.1%) / Net income ¥3,900 million (YoY -10.0%)
Annual Dividend Forecast¥110 → ¥110(0.0%)
Segment revenueSegment Disaster Prevention and Infrastructure Business / Net Sales ¥15,031 million / Year on year against the same period last year 109.6%, Segment Environmental and energy business / Net Sales ¥11,822 million / Year on year against the same period last year 78.0%, Segment International Business / Net Sales ¥8,598 million / Year on year against the same period last year 104.8%
Segment profitSegment Disaster Prevention and Infrastructure Business / Segment profit ¥2,118 million / Year on year against the same period last year 564.2%, Segment Environmental and energy business / Segment profit ¥377 million / Year on year against the same period last year 14.2%, Segment International Business / Segment profit ¥-548 million / Prior-year period Operating loss of ¥393 million / Year on year against the same period last year Not disclosed
Orders received and order backlogOrders received ¥46.728 billion / Order backlog Not disclosed
Depreciation and amortization¥866 million
Impairment lossNone recorded for the interim period (impairment loss in the interim consolidated income statement: "-")
Breakdown of extraordinary income (loss)Extraordinary income Subsidy income ¥3 million, Gain on sale of investment securities ¥256 million, Gain on sale of non-current assets ¥49 million / Extraordinary loss Loss on sale of fixed assets ¥39 million, Loss on sale of investment securities ¥0 million, Impairment Losses ¥0 million
Disclosure regarding the going concern assumptionNo applicable matters ("There are no applicable matters")
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNo material changes through additions or exclusions (0 companies)
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Institutional investors
Issued Shares at Period-End24,322,000 Shares
Treasury Shares at Period-End1,528,633 Shares
Factors Behind Changes in Business PerformanceThe Disaster Prevention and Infrastructure business reported higher profit despite a decline following the completion of disaster-recovery-related work connected with the Noto Peninsula Earthquake, supported by higher sales, stringent cost management and productivity improvements. The Environment and Energy business reported lower sales and profit due to declining demand for detailed surveys related to offshore wind power generation, the timing of revenue recognition for large projects being weighted toward the second half, some domestic subsidiaries falling short of their sales targets, and costs being incurred ahead of revenue. In the International business, demand in Asia-Pacific remained firm, but the operating loss widened due to lower sales at the U.S. subsidiary resulting from stagnant offshore wind markets in Europe and the United States and geopolitical factors.
Items this document does not state (6)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesMaterial subsequent events

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.

The Disaster Prevention and Infrastructure business was affected by a decline following the completion of disaster-recovery-related work connected with the Noto Peninsula Earthquake in the same period of the previous year. In the Environment and Energy business, demand for detailed surveys related to offshore wind power generation declined, the timing of revenue recognition for large projects was weighted toward the second half, some subsidiaries fell short of their sales targets, and costs were incurred ahead of revenue. In the International business, the U.S. subsidiary recorded lower sales against a backdrop of stagnant offshore wind markets in Europe and the United States and geopolitical factors.

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Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated) | OYO Corporation (9755) timely disclosure | Komori