Okano Valve Mfg (6492) Q2 2026 earnings summary

Executive summary

• Revenue for the six months ended March 31, 2026, was ¥5,845 million, up 38.2% year-over-year, driven by strong performance in both valve manufacturing and maintenance segments.

• Operating income rose 135.2% year-over-year to ¥1,787 million, with net income attributable to shareholders up 119.2% to ¥1,292 million.

• The company acquired 92.72% of Alter Booth, a cloud computing firm, to strengthen DX-related services for manufacturing clients.

Financial highlights

• Gross profit increased to ¥2,413 million from ¥1,437 million year-over-year.

• Ordinary income reached ¥1,861 million, up from ¥825 million in the prior year period.

• Total assets grew to ¥16,735 million, up ¥2,187 million from the previous fiscal year-end.

• Equity ratio was 79.3%, down from 82.4% year-over-year.

• Cash and equivalents at period-end were ¥4,421 million.

Outlook and guidance

• The business environment remains uncertain due to geopolitical risks and international instability, despite domestic economic recovery.

• Continued focus on nuclear and non-nuclear power plant projects, with expectations for further growth in maintenance and high-value-added orders.