Okabe (5959) investor relations material

Executive summary

• Net sales for the first six months ended June 30, 2026, increased 4.5% year-over-year to 34,557 million yen, driven by strong overseas building products and steady domestic demand in select categories.

• Operating profit declined 20.5% year-over-year to 1,806 million yen due to changes in sales mix and higher SG&A expenses.

• Profit attributable to owners of parent decreased 15.2% year-over-year to 1,485 million yen.

• Comprehensive income rose 49.5% year-over-year to 3,524 million yen, reflecting significant gains in other comprehensive income.

Financial highlights

• Gross profit for the period was 10,491 million yen, nearly flat year-over-year.

• Ordinary profit fell 18.8% year-over-year to 1,983 million yen.

• Basic earnings per share for the six months was 33.05 yen, down from 38.16 yen in the prior year.

• Total assets increased to 87,745 million yen as of June 30, 2026, up from 85,030 million yen at the previous fiscal year-end.

• Net assets rose to 63,021 million yen, with an equity ratio of 71.8%.

Outlook and guidance

• Full-year forecast for fiscal 2026 remains unchanged: net sales of 72,500 million yen (+3.9% YoY), operating profit of 5,150 million yen (+8.1% YoY), and profit attributable to owners of parent of 3,700 million yen (+12.6% YoY).

• Basic earnings per share for the full year is projected at 81.10 yen.