Ooi Electric Co., Ltd. Revises Earnings Forecast — Net Profit Swings to JPY 500M
Ooi Electric Co., Ltd. (TSE:6822) has revised its earnings forecast for the fiscal year ending March 2027, boosting net profit attributable to parent shareholders by JPY 550M through planned investment securities sales.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 15.8bn | JPY 15.8bn | +0.0% |
| Operating Profit | JPY 200M | JPY 200M | +0.0% |
| Ordinary Income | JPY 180M | JPY 180M | +0.0% |
| Net Profit | △JPY 50M | JPY 500M | — |
| EPS | △JPY 37.38/share | JPY 373.79/share | — |
The revision reflects the company’s implementation of policy shareholding reviews under Japan’s Corporate Governance Code. Oi Electric plans to sell a portion of its listed securities portfolio by end-August 2026, generating approximately JPY 550M in investment securities gains to be recorded as extraordinary income. The company maintained its operating profit and ordinary income (keijo rieki) forecasts at JPY 200M and JPY 180M respectively for the interim period, citing profit margin improvement initiatives expected to offset first-quarter headwinds.
For the full fiscal year, net profit attributable to parent shareholders is now projected at JPY 2.55bn, up 27.5% from the prior JPY 2.0bn forecast, with earnings per share rising to JPY 1,906.34 from JPY 1,495.14. However, investors should note that the improvement stems entirely from non-operating gains rather than core business performance. Operating profit and ordinary income remain unchanged at JPY 1.6bn and JPY 1.55bn respectively, indicating limited underlying operational momentum. The securities sale gains carry execution risk tied to market conditions and final valuations.
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.