OVAL Corporation Revises Earnings Forecast — Net Profit Up 53.2%
OVAL Corporation (TSE:7727) raised its earnings forecast for the fiscal period ending March 31, 2026, citing improved profitability and cost control.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 15.5bn | JPY 15.5bn | +0.0% |
| Operating Profit | JPY 1.45bn | JPY 1.70bn | +17.2% |
| Ordinary Income | JPY 1.53bn | JPY 1.75bn | +14.4% |
| Net Profit | JPY 920M | JPY 1.41bn | +53.2% |
| EPS | JPY 41.06/share | JPY 68.88/share | +JPY 27.82/share |
The revision reflects stronger-than-expected performance driven by higher selling prices, a shift toward higher-margin products, and lower-than-anticipated raw material costs. Additionally, improved profitability in the system business and a reassessment of deferred tax assets contributed to the upward revision.
The updated forecast signals sustained profitability and cost efficiency, reinforcing optimism about OVAL’s ability to deliver above-consensus results in the coming year.