Ogura Clutch Co., Ltd. Revises Earnings & Sets Dividend — Net Profit Surges 519% to JPY 1.30bn
Ogura Clutch Co., Ltd. (TSE:64080) has sharply revised its earnings forecast for FY2026 (ending March 31, 2026). Higher-than-expected sales in transportation and industrial equipment, productivity gains, and a large gain from the sale of investment securities drive net profit up more than five-fold. The company also set a year-end dividend of JPY 100.00 per share, which had previously been undetermined.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 40.6bn | JPY 41.5bn | +JPY 900m (+2.2%) |
| Operating Profit | JPY 640m | JPY 1.30bn | +JPY 660m (+103.1%) |
| Ordinary Income | JPY 480m | JPY 1.30bn | +JPY 820m (+170.8%) |
| Net Profit | JPY 210m | JPY 1.30bn | +JPY 1.09bn (+519.0%) |
| EPS | JPY 140.36 per share | JPY 868.95 per share | +JPY 728.59 |
| Year-end Dividend | Undetermined | JPY 100.00 per share | New |
| Annual Dividend | Undetermined | JPY 100.00 per share | New |
The company cited higher-than-expected revenue from transportation equipment and general industry businesses, along with productivity improvements and cost reductions, as the main reasons for the upward revision. A gain from the sale of investment securities contributed significantly to the surge in net profit.
The massive net profit revision — driven partly by a one-time securities gain — underscores the importance of monitoring recurring earnings strength going forward. The newly announced dividend of JPY 100.00 per share (vs. JPY 50.00 in the prior fiscal year) represents a doubling of shareholder returns.
Source: Original filing (TDnet) | 日本語版
This article is for informational purposes only and does not constitute investment advice. Always verify against the original filing.