Okumura (1833) investor relations material

Executive summary

• Net sales for the nine months ended December 31, 2025 rose 5.9% year-over-year to ¥230,972 million, driven by strong progress in the Construction Business and improved gross profit margins.

• Operating profit surged 143.9% year-over-year to ¥13,820 million, and profit attributable to owners of parent increased 123.9% to ¥15,137 million.

• Comprehensive income jumped to ¥24,791 million, up 872.0% year-over-year.

• Significant non-operating income was recorded from gains on valuation of forward exchange contracts related to a subsidiary.

Financial highlights

• Gross profit increased 39.5% year-over-year to ¥29,870 million.

• Ordinary profit rose 242.4% year-over-year to ¥21,957 million.

• Basic earnings per share for the nine months was ¥421.96, up from ¥183.54 year-over-year.

• Total assets as of December 31, 2025 were ¥423,187 million, up ¥29,721 million from March 31, 2025.

• Net assets increased to ¥188,021 million, with an equity-to-asset ratio of 45.2%.

Outlook and guidance

• Full-year net sales forecast for fiscal year ending March 31, 2026 is ¥302,500 million, up 1.4% year-over-year.

• Operating profit is projected at ¥15,200 million (up 56.2%), ordinary profit at ¥17,600 million (up 97.2%), and profit attributable to owners of parent at ¥13,600 million (up 399.5%).

• Basic earnings per share forecast for the full year is ¥379.14.

• Dividend forecast revised to ¥264.00 per share for the fiscal year ending March 31, 2026.