Ohashi Technica (7628) Q4 2026 earnings summary

Executive summary

• Net sales rose 2.3% year-over-year to ¥40,918 million, driven by new orders despite production cutbacks at key clients in Japan and China.

• Operating profit increased 36.1% year-over-year to ¥2,426 million, supported by improved gross margin, productivity gains, and reduced SG&A expenses overseas.

• Ordinary profit grew 25.6% to ¥2,966 million, and profit attributable to owners of parent rose 36.9% to ¥2,084 million, aided by a gain on sale of investment securities and impairment losses in China.

Financial highlights

• Gross profit margin improved due to revised prices and productivity gains.

• Basic earnings per share was ¥81.40, up from ¥57.97, reflecting a stock split.

• Return on equity increased to 5.2% from 4.0% year-over-year.

• Equity ratio rose to 84.2% from 80.4% year-over-year.

• Cash and cash equivalents at year-end were ¥15,118 million, down ¥1,897 million from the previous year.

Outlook and guidance

• For the year ending March 31, 2027, net sales are forecast at ¥43,000 million (+5.1%), operating profit at ¥2,550 million (+5.1%), ordinary profit at ¥3,000 million (+1.1%), and profit attributable to owners of parent at ¥2,100 million (+0.7%).

• Guidance assumes a quick resolution to geopolitical tensions and continued sluggish production in China and ASEAN.