Open Up Group Inc.
Financial Summary for the Second Quarter (Interim) of Fiscal Year Ending June 2026 [IFRS] (Consolidated)
Consolidated revenue for the second quarter of the fiscal year ending June 2026 was JPY 83,572 million (17.3% decrease YoY), operating income was JPY 9,057 million (1.0% increase YoY), and net income attributable to owners of the parent was JPY 6,483 million (10.2% increase YoY).
Key Figures
- Revenue: JPY 83,572 million (17.3% decrease YoY)
- Operating Income: JPY 9,057 million (1.0% increase YoY)
- Net Income Attributable to Owners of Parent: JPY 6,483 million (10.2% increase YoY)
AI要約
Performance Overview
Consolidated revenue for the second quarter of the fiscal year ending June 2026 was JPY 83,572 million (17.3% decrease YoY). Despite a decrease in revenue due to the sale of the UK business, the gross profit margin rose 3.2 points from the same period last year to 27.7%. Operating income was JPY 9,057 million (1.0% increase YoY), and net income attributable to owners of the parent was JPY 6,483 million (10.2% increase YoY), achieving profit growth. By segment, the Electromechanical division posted revenue of JPY 32,634 million (9.2% increase YoY), IT division JPY 20,506 million (flat YoY), and Construction division JPY 29,329 million (6.5% increase YoY). Overseas revenue significantly declined due to the divestiture of the UK business.
Financial Position and Cash Flows
Total assets amounted to JPY 125,484 million (2.3% increase from the previous consolidated fiscal year-end), liabilities were JPY 47,848 million (9.2% increase), and equity was JPY 77,636 million (1.6% decrease). The number of treasury shares increased due to share buyback activities. Net cash provided by operating activities was JPY 9,769 million, cash used in investing activities was JPY 2,693 million, and cash used in financing activities was JPY 6,351 million. The scheduled dividend payment date is February 27, 2026, with an annual dividend forecast of JPY 85.00.
Business Combination Overview
On October 1, 2025, AESEVE Holdings Co., Ltd., and its subsidiaries AESEVE Plus Co., Ltd. and E-Tech Co., Ltd. became consolidated subsidiaries. The acquisition consideration was JPY 3,110 million in cash, recording goodwill of JPY 1,208 million. This increased assets and goodwill in the Electromechanical division, expanding the automotive-related business and deepening the customer base.
Capital Policy (Treasury Stock Cancellation)
At the board meeting held on February 6, 2026, it was resolved as part of capital policy to cancel 1,000,000 shares of treasury stock on February 27, 2026. This aims to maintain financial soundness.
