Okumura Corporation 2026 Earnings Revision | Dividend Increase and Upward Forecast

Performance Overview

Okumura Corporation has revised upward the consolidated earnings forecast for the fiscal year ending March 2026, expecting net sales of 307,200 million yen, an increase of 4,700 million yen from the previous forecast; operating income of 15,920 million yen, an increase of 720 million yen; and net income attributable to owners of parent of 18,360 million yen, an increase of 4,760 million yen. These increases are attributable to higher sales in civil engineering and the recording of foreign exchange gains, with profit margins remaining healthy. The gross profit margin on a consolidated basis is maintained at 12.5%, supported by gains from foreign exchange hedges.

Impact on Shareholders and Future Outlook

Regarding dividends, the planned year-end dividend has been increased from the previous forecast of 154 yen to 187 yen, resulting in an expected total annual dividend of 297 yen. This reflects strong business performance and the company's shareholder return policy, maintaining a payout ratio of over 70% while strengthening shareholder returns. Going forward, the company aims to continue prudent business operations and profit distribution, aligned with its medium-term management plan to achieve sustainable growth.