Okumura Corporation Revises Earnings & Dividend — Ordinary Income Up 43.8%

Okumura Corporation Revises Earnings & Dividend — Ordinary Income Up 43.8%

Okumura Corporation (TSE:1833) has raised its earnings and dividend forecasts for the fiscal year ending March 2026, citing stronger civil engineering operations and foreign exchange gains.

The company raised revenue guidance by JPY 4.7bn to JPY 307.2bn, driven by increased sales in its civil engineering business. Operating profit is now forecast at JPY 15.9bn, up 4.7%. The most significant revision came in ordinary income (keijo rieki)—a Japan-specific profit metric that includes non-operating items—which surged 43.8% to JPY 25.3bn. This jump reflects foreign exchange gains and forward contract valuation gains recorded in non-operating income. Net profit attributable to parent shareholders climbed 35.0% to JPY 18.4bn, with earnings per share rising to JPY 511.79/share from JPY 379.14/share.

The company increased its year-end dividend by JPY 33.00/share to JPY 187.00/share, and raised the full-year dividend to JPY 297.00/share, reflecting a 12.5% increase. Management emphasized that foreign exchange gains are treated as one-time items and excluded from the dividend payout ratio calculation, which targets 70% or higher of consolidated earnings during the medium-term management plan period. This approach signals the company’s intent to base sustainable dividend policy on core operating performance rather than extraordinary gains.

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.