Okumura Corporation announced consolidated results for April-September 2026. Net income fell 26% year on year to ¥7.3 billion, while net sales declined 5% to ¥143.0 billion. Sales in the core construction business fell due to the backlash from large-scale projects, while sluggish operations at biomass power plants and additional maintenance costs in infrastructure operations resulted in an operating loss.
Okumura Corporation announced consolidated results for April-September 2026, reporting net income of ¥7.3 billion, down 26% from the same period a year earlier. Net sales fell 5% to ¥143.0 billion, while operating income declined 11% to ¥8.5 billion.
In the core construction business, sales fell 22% to ¥73.2 billion due to the backlash from the completion of large-scale domestic projects in the same period a year earlier. In the infrastructure operations business, the sluggish operation of a biomass power plant operated by a consolidated subsidiary and additional maintenance costs, among other factors, resulted in an operating loss of ¥2.2 billion.
The same day, the company announced that it expects net sales for the fiscal year ending March 2027 to decline slightly from the previous fiscal year to ¥306.6 billion. It raised its forecast from the previous estimate of ¥304.0 billion. The net income forecast was left unchanged at ¥15.4 billion, representing a 16% decline from the previous fiscal year.