Okamoto Industries Raises FY2027 Earnings Forecast on Yen Weakness, Cost Relief
Okamoto Industries, Inc. (TSE:5122) has raised its earnings and dividend guidance for the fiscal year ending March 2027, citing favorable currency movements and operational improvements.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 56.0bn | JPY 58.0bn | +3.6% |
| Operating Profit | JPY 2.70bn | JPY 3.80bn | +40.7% |
| Ordinary Income | JPY 3.60bn | JPY 4.90bn | +36.1% |
| 親会社株主に帰属する中間純利益 | JPY 2.40bn | JPY 3.00bn | +25.0% |
| １株当たり中間純利益 | JPY 139.81/share | JPY 175.89/share | +JPY 36.08/share |
The company attributed the upward revision to three primary factors. First, the yen weakened more than initially anticipated during the first quarter, benefiting export-oriented operations. Second, the industrial products division benefited from increased orders and successful price adjustments. Third, antimony prices—which had pressured margins in the prior period—declined, offsetting inflationary pressures from Middle East-related commodity cost increases. Management expects these conditions to persist through the second quarter and beyond.
For the full fiscal year, operating profit guidance rose 11.7% to JPY 6.70bn, while ordinary income (keijo rieki), a Japan-specific metric encompassing non-operating items, increased 14.5% to JPY 8.70bn. Net profit attributable to parent shareholders climbed 18.8% to JPY 5.70bn. In response to the stronger performance, Okamoto raised its annual dividend forecast by JPY 10 per share to JPY 130, signaling confidence in sustained profitability and reinforcing 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.