Okano Valve Mfg (6492) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 FY2026 was ¥2,247 million, up 55.8% year-over-year, driven by strong domestic and overseas sales in both valve manufacturing and maintenance segments.

• Operating income rose to ¥576 million, a 232.0% increase year-over-year, with net income attributable to shareholders at ¥414 million, up 201.9%.

• The business environment benefited from progress in nuclear power plant restarts and robust demand for maintenance and new valve installations.

Financial highlights

• Gross profit increased to ¥859 million from ¥498 million year-over-year.

• Comprehensive income for Q1 FY2026 was ¥421 million, up from ¥146 million in the prior year.

• EPS for Q1 FY2026 was ¥258.54, compared to ¥85.79 in the previous year.

Outlook and guidance

• Full-year revenue forecast is ¥8,866 million, with operating income of ¥966 million and net income of ¥689 million.

• No changes to previously announced guidance; sales and profits are expected to remain on track barring unforeseen changes in order environment or customer schedules.

• Q2 and beyond will focus on major nuclear-related projects and continued strong maintenance demand.