Oi Electric Co., Ltd.
Notice Regarding Differences Between Consolidated Forecast and Actual Results for the Second Quarter (Half Year) of the Fiscal Year Ending March 2027
Results for the second quarter of the fiscal year ending March 2027 fell short of the previous forecast: net sales were 13,908 million yen, operating loss was -594 million yen, ordinary loss was -541 million yen, and interim net loss attributable to owners of parent was -247 million yen. The shortfall in sales was mainly due to the timing shift of project revenue in the Information and Communications Equipment Manufacturing and Sales segment and rising raw material costs. The full-year forecast remains unchanged. If a revision to forecasts becomes necessary, it will be announced promptly.
Key Figures
- Net Sales: 13,908 million yen
- Operating Income: -594 million yen
- Ordinary Income: -541 million yen
AI要約
Overview of Variances
Differences arose between the consolidated forecasts and actual results for the second quarter of the fiscal year ending March 2027. Net sales fell short of the previous forecast as revenue recognition for projects such as optical transmission equipment in the Information and Communications Equipment Manufacturing and Sales segment was pushed to the second half; operating income, ordinary income and interim net income also fell below prior forecasts. Although non-operating income such as foreign exchange gains improved slightly, overall profit levels did not recover.
Full-Year Outlook and Future Actions
The consolidated full-year forecast remains unchanged at this time, taking into account the expectation that revenue from projects such as optical transmission equipment will be recognized in the second half and progress in profitability improvements for second-generation smart meter communication equipment. The company states it will promptly disclose any necessary revisions to earnings forecasts, but uncertainty remains in the outlook.
Oi Electric Co., Ltd.
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