Obara Group (6877) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 FY2026 was ¥184.29 billion, up 39.6% year-over-year, with operating profit at ¥30.59 billion, up 52.2% year-over-year, and net income attributable to shareholders at ¥19.30 billion, up 30.1% year-over-year.

• All business segments reported strong performance, with notable growth in welding equipment and flat polishing equipment.

• The company completed the acquisition of Energy Components Holdings (formerly NSSK-QQ) in December 2024, expanding into the electrical equipment sector.

Financial highlights

• Gross profit for Q1 FY2026 was ¥59.13 billion, up from ¥44.85 billion year-over-year.

• Operating profit rose to ¥30.59 billion from ¥20.09 billion, and ordinary profit increased to ¥32.02 billion from ¥24.24 billion year-over-year.

• EPS for Q1 FY2026 was ¥126.36, up from ¥91.30 year-over-year.

• Comprehensive income for the quarter was ¥42.47 billion, up 23.7% year-over-year.

Outlook and guidance

• Full-year FY2026 guidance remains unchanged, with revenue forecast at ¥639.0 billion (+3.6% year-over-year), operating profit at ¥92.0 billion (+5.2%), and net income at ¥63.0 billion (+6.8%).

• Dividend forecast is maintained at ¥150 per share for the year.