Ohashi Technica (7628) Q1 2026 earnings summary

Executive summary

• Net sales rose 0.8% year-over-year to ¥10,046 million for the quarter ended June 30, 2025, driven by increased production in the Americas and new orders outside China, despite production cutbacks in Japan, China, and ASEAN.

• Operating profit surged 71.1% year-over-year to ¥549 million, reflecting improved gross margin and cost reductions from revised prices and productivity gains.

• Ordinary profit increased 49.1% year-over-year to ¥687 million; profit attributable to owners of parent climbed 57.0% to ¥493 million.

• Comprehensive income turned negative at ¥(517) million, mainly due to a significant foreign currency translation loss.

Financial highlights

• Gross profit improved to ¥2,174 million from ¥2,011 million year-over-year; gross margin increased.

• Basic EPS rose to ¥38.43 from ¥23.85 year-over-year.

• Total assets decreased to ¥47,312 million from ¥48,684 million at the previous fiscal year-end.

• Net assets declined to ¥38,401 million, mainly due to foreign currency translation adjustment.

Outlook and guidance

• Full-year net sales forecast at ¥39,500 million (down 1.3% year-over-year); operating profit projected at ¥1,950 million (up 9.4%), ordinary profit at ¥2,400 million (up 1.6%), and profit attributable to owners of parent at ¥2,030 million (up 33.3%).

• No change to the previously announced consolidated financial results forecast.

• Annual dividend forecast raised to ¥74.00 per share from ¥68.00.