Okamoto Industries (5122) Q2 2027 earnings summary

Executive summary

• H1 FY2027 net sales rose 9.7% YoY to ¥58,050 million; operating income increased 72.4% to ¥4,315 million and parent-attributable profit rose 83.5% to ¥3,567 million.

• Profit growth reflected higher sales from proactive order acquisition, yen depreciation, price revisions and stabilization of antimony prices.

Financial highlights

• Gross profit increased to ¥12,251 million from ¥10,144 million; SG&A rose to ¥7,936 million from ¥7,640 million.

• Ordinary income rose 58.1% YoY to ¥5,349 million; net income was ¥3,571 million, versus ¥1,957 million in the prior-year period.

• Comprehensive income was ¥4,487 million, down 32.2% YoY from ¥6,620 million.

Outlook and guidance

• FY2027 forecast: net sales ¥115,000 million (+6.4%), operating income ¥6,700 million (+7.2%), ordinary income ¥8,700 million (+1.2%) and parent-attributable profit ¥5,700 million (+17.4%).

• Full-year EPS forecast is ¥334.19; the latest consolidated earnings forecast was unchanged.

• Forecasts rely on currently available information and assumptions; actual results may differ for various reasons.