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Okuma (6103) investor relations material
Okuma Q1 2027 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Sales for FY2026 Q1 rose 16.3% year-over-year to ¥51.9 billion, with operating income up 175.1% to ¥4.4 billion and net income up 253.7% to ¥4.98 billion.
Orders received reached ¥75,263 million, up 38.9% year-over-year.
Demand for machine tools remained robust globally, especially in aviation, defense, data centers, and semiconductor sectors, with notable recovery in capital investment among medium- and small-sized businesses.
Profitability improved through cost reduction, production efficiency, and passing on higher costs to sales prices.
Overseas sales ratio increased to 74.3% from 67.7% year-over-year.
Financial highlights
Operating income margin improved to 8.5% from 3.6% in the prior year.
Backlog orders increased 17.7% year-over-year to ¥124.8 billion.
Americas and Europe saw new orders surge 102.2% and 125.0% respectively, while Asia/Pacific declined 12.5%.
Lathes and multitasking machines led product growth, with new orders up 56.4% and 61.3% respectively.
Basic earnings per share: ¥84.52 (up from ¥23.29 year-over-year).
Outlook and guidance
FY2026 full-year sales forecast revised upward to ¥260.0 billion, operating income to ¥26.0 billion (10.0% margin), and net income to ¥20.0 billion.
Dividend forecast raised to ¥120 per share, payout ratio 35.2%.
Orders-received forecast for FY2027 revised upward to ¥276,000 million.
Assumed exchange rates for FY2026: 1USD = ¥159.0, 1EUR = ¥185.0.
- Aims for 270 billion yen sales and 11%+ margin by FY2028, driven by AI and global expansion.6103
Investor presentation - Record sales and profits driven by overseas demand and automation investments.6103
Q4 2026 - Double-digit sales and order growth with robust overseas demand and stable outlook.6103
Q3 2026 - Double-digit sales and profit growth, but FY2025 outlook revised amid cost pressures.6103
Q2 2026 - Profits fell despite strong orders; full-year outlook and dividend plans remain firm.6103
Q1 2026 - Sales and profits fell sharply, with a cautious outlook and a 2-for-1 stock split enacted.6103
Q2 2025 - Sales and profits declined steeply, with a cautious outlook for the year ahead.6103
Q1 2025 - Profits and sales declined on weak demand, but full-year guidance is unchanged.6103
Q3 2025 - Profits fell sharply but a strong recovery is forecast for the next fiscal year.6103
Q4 2025
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