オキサイド substantially revised its current-year consolidated net income forecast into positive territory and raised its full-year forecast to a new high. It newly indicated a return to profitability for the cumulative second quarter and an expected profit for the second half.
オキサイド announced its results on 15 October, reporting consolidated net income of ¥570 million for the cumulative second quarter of the fiscal year ending February 2026 (March-August), compared with a loss of ¥270 million in the same period a year earlier.
The full-year net income forecast was revised upward 2.2-fold, from the previous forecast of ¥590 million to ¥1.32 billion. Since the previous fiscal year ended with a loss of ¥530 million, the forecast for record profit, the first in 4 fiscal years, was raised further.
For the latest 3 months, net income for June-August expanded 125-fold year on year to ¥500 million, while the operating margin on sales improved substantially from -4.9% to 16.1%. Based on the first-half results and the outlook for the second half, consolidated net income for the second half was estimated at ¥750 million.