Oki Electric Industry Co., Ltd.
Fiscal Year Ending March 2026 Q3 Financial Summary [Japanese GAAP] (Consolidated)
For the cumulative third quarter of the fiscal year ending March 2026, net sales were 282.2 billion yen (8.1% decrease YoY), operating income was 6.1 billion yen (20.6% decrease YoY), and quarterly net income attributable to owners of parent was 7.4 billion yen (273.3% increase YoY).
Key Figures
- Net Sales: 282.2 billion yen (8.1% decrease YoY)
- Operating Income: 6.1 billion yen (20.6% decrease YoY)
- Quarterly Net Income Attributable to Owners of Parent: 7.4 billion yen (273.3% increase YoY)
AI要約
Overview of Business Performance
In the cumulative third quarter period of the fiscal year ending March 2026, net sales were 282.2 billion yen (8.1% decrease YoY), and operating income was 6.1 billion yen (20.6% decrease YoY). Ordinary income increased to 6.5 billion yen (14.9% increase YoY), and quarterly net income attributable to owners of parent rose significantly to 7.4 billion yen (273.3% increase YoY). The primary driver of the profit increase was business transfer gains related to participation in Etria Corporation. By segment, Public Solutions showed steady performance with net sales of 85.8 billion yen (22.1% increase YoY) and operating income of 7.1 billion yen (164.1% increase YoY). Conversely, Enterprise Solutions recorded net sales of 104.0 billion yen (21.5% decrease YoY) and operating income of 7.4 billion yen (36.8% decrease YoY), impacted by the decline of large projects. Component Products, EMS, and other businesses also experienced either lower revenue and profit or a narrowing of losses.
Financial Position and Revision of Earnings Forecast
At the end of the third quarter, total assets amounted to 418.9 billion yen, an increase of 7.9 billion yen from the previous fiscal year-end, and net assets stood at 152.8 billion yen, up 7.2 billion yen. The equity ratio improved to 36.5%. Cash flow saw outflows of 5.8 billion yen from operating activities and 9.7 billion yen from investing activities, resulting in free cash flow outflows of 15.5 billion yen. Financing activities provided inflows of 5.4 billion yen, with cash and cash equivalents balance at 27.0 billion yen. The full-year consolidated earnings forecast has been revised downward for net sales to 430.0 billion yen (2.3% decrease from the previous forecast); however, operating income was revised upward to 20.0 billion yen (5.3% increase), ordinary income to 20.0 billion yen (17.6% increase), and net income attributable to owners of parent to 19.0 billion yen (18.8% increase).
