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. 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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.","jir_summary":"### Overview of Variances\nDifferences 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.\n\n### Full-Year Outlook and Future Actions\nThe 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.","jir_financial_highlights":"Net Sales: 13,908 million yen (Compared with the previous forecast (A) of 14,300 million yen, the actual result was -392 million yen)\nOperating Income: -594 million yen (Compared with the previous forecast of -200 million yen, the actual result was lower by -394 million yen)\nOrdinary Income: -541 million yen (Compared with the previous forecast of -200 million yen, the actual result was lower by -341 million yen)\nInterim Net Income Attributable to Owners of Parent: -247 million yen (Compared with the previous forecast of 110 million yen, the actual result was lower by -357 million yen)\nInterim Net Income per Share: -190.86 yen (Presented as a reference value)","jir_category":"","jir_hashtags":"#OiElectric, #PossibleDownwardRevisionToEarnings","jir_key_figures":"Net Sales: 13,908 million yen\nOperating Income: -594 million yen\nOrdinary Income: -541 million yen","jir_meta_title":"Oi Electric Co., Ltd. \u2013 Notice of Variances for 2Q FY2027 Consolidated Results | Sales Shortfall & Profit Deterioration","jir_meta_description":"Oi Electric Co., Ltd. announced variances between actual results and prior forecasts for 2Q FY2027. Sales were affected by timing shifts in optical transmission equipment projects and rising raw material costs. The full-year forecast is unchanged but the company notes potential for revision.","jir_og_title":"Oi Electric Co., Ltd. | Announcement of Variances in 2Q FY2027 Results","jir_og_description":"Announcement of 2Q variances for Oi Electric Co., Ltd., explaining reasons for sales and profit shortfalls and the current full-year outlook.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":59823,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-136653","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n