Okumura Corporation Financial Summary for the Second Quarter (Interim) of the Fiscal Year Ending March 2027

Overview of Performance

For the interim period, net sales decreased 5.4% to 143,070 million yen, operating income decreased 11.2% to 8,574 million yen, ordinary income decreased 34.3% to 8,522 million yen, and net income decreased 26.3% to 7,329 million yen, all below the same period last year. By segment, civil engineering performed strongly due to increased orders and improved profitability, while building saw a revenue decline as a reaction to large projects. Infrastructure operations were affected by increased expenses, including the impact of foreign exchange hedging related to Ishikari Bioenergy. Full-year forecasts have been updated, with consolidated adjustments made and non-consolidated figures revised to net sales of 294,600 million yen, operating income of 23,000 million yen, ordinary income of 23,400 million yen, and net income of 16,300 million yen.

Impact on Shareholders and Outlook

The year-end dividend was raised from 110 yen to 150 yen, resulting in a full-year dividend forecast of 300 yen. No share buybacks or cancellations were reported, and the number of issued shares at the fiscal year-end is 38,665,226 shares (treasury shares 2,759,669 shares, including shares held in employee trusts), with average shares outstanding disclosed as 35,885,938 shares. Going forward, performance recovery could occur depending on continued public investment and the progress of new or additional real estate and infrastructure projects; however, attention should be paid to foreign exchange effects and sustained high raw material costs.