Ohashi Technica (7628) Q4 2025 earnings summary

Executive summary

• Net sales increased by 2.1% year-over-year to ¥40,017 million in FY2025, with operating income up 8.6% to ¥1,782 million and net income attributable to owners rising 51.2% to ¥1,522 million, driven by new orders in Japan and North America and favorable currency effects, despite production cutbacks in Japan, China, and ASEAN.

• Growth was led by strong performance in the US and Mexico, offsetting declines in China and ASEAN.

• Ordinary profit grew 18.5% to ¥2,362 million; comprehensive income reached ¥3,791 million, up 30.5%.

Financial highlights

• Ordinary income rose 18.5% year-over-year to ¥2,362 million; EPS increased 54.5% to ¥115.95.

• Total assets grew to ¥48,683 million, with a capital adequacy (equity) ratio of 80.4%.

• Cash and cash equivalents increased to ¥17,015 million at year-end.

• Gross profit increased to ¥8,384 million from ¥7,824 million year-over-year.

• Net assets per share increased to ¥3,024.82 from ¥2,780.20.

Outlook and guidance

• FY2026 forecast: net sales of ¥39,500 million (down 1.3%), operating income of ¥1,950 million (up 9.4%), ordinary profit of ¥2,400 million (up 1.6%), and net income per share projected to grow 3.8% to ¥120.32.

• Assumes continued sluggish production in China and ASEAN, a stronger yen, and does not include potential U.S. tariff impacts.

• Annual dividend forecast for FY2026 is ¥74 per share, up from ¥68 in FY2025.