Ochi Holdings (3166) Q1 2026 earnings summary

Executive summary

• Net sales rose 0.8% year-over-year to ¥29,371 million, driven by prior year acquisitions despite a sharp decline in new housing starts.

• Operating profit fell 26.4% year-over-year to ¥434 million, and profit attributable to owners of parent dropped 17.7% to ¥330 million, mainly due to weak housing demand.

• Comprehensive income increased 15.3% year-over-year to ¥380 million.

Financial highlights

• Gross profit improved to ¥4,315 million from ¥4,231 million year-over-year.

• Ordinary profit decreased 20.1% year-over-year to ¥584 million.

• Basic earnings per share were ¥25.44, down from ¥31.00 year-over-year.

• Total assets declined 1.2% from the previous fiscal year-end to ¥69,176 million.

• Net assets increased slightly to ¥23,566 million.

Outlook and guidance

• Full-year net sales forecast at ¥125,000 million, up 6.8% year-over-year.

• Operating profit projected at ¥1,700 million, up 15.6% year-over-year.

• Profit attributable to owners of parent expected to reach ¥1,200 million, up 15.3% year-over-year.

• Annual dividend forecast maintained at ¥54.00 per share.