Okumura (1833) Q2 2026 earnings summary

Executive summary

• Net sales rose 8.6% year-over-year to ¥151,301 million for the six months ended September 30, 2025, driven by strong progress in the Construction Business and improved gross profit margins.

• Operating profit surged to ¥9,652 million from ¥791 million a year earlier; ordinary profit reached ¥12,971 million versus a loss of ¥3,101 million last year.

• Profit attributable to owners of parent was ¥9,950 million, reversing a loss of ¥324 million in the prior year period.

• Comprehensive income totaled ¥13,497 million, up from a loss of ¥6,048 million year-over-year.

Financial highlights

• Gross profit increased 74.5% year-over-year to ¥20,156 million, reflecting improved margins in the Construction Business.

• Cash and cash equivalents at period-end were ¥23,655 million, down ¥3,784 million from March 31, 2025.

• Equity-to-asset ratio improved to 48.0% from 45.1% at the previous fiscal year-end.

• Basic earnings per share was ¥277.35, compared to a loss per share of ¥8.80 in the prior year period.

Outlook and guidance

• Full-year net sales forecast revised to ¥302,500 million (+1.4% year-over-year), with operating profit expected at ¥15,200 million (+70.3%) and profit attributable to owners of parent at ¥12,300 million (+351.7%).

• Basic earnings per share for the full year projected at ¥342.90.

• Year-end dividend forecast revised upward to ¥130.00 per share, total annual dividend expected at ¥240.00.