TOKYO, May 12 (Pulse News Wire) – OHashi Technica Inc. (7628.T) reported its fiscal year 2026 first quarter earnings, showing a revenue increase but lower operating profit compared to the previous year.
For the period from April 1, 2025 to March 31, 2026, the company's per-share figures showed revenue of ¥20.38 billion, operating profit of ¥1.019 billion, ordinary profit of ¥1.432 billion, and net income of ¥1.579 billion, representing changes of 1.6%, -4.0%, -3.3%, and 46.5% respectively from the prior year. The revenue growth was attributed to increased sales from new orders, partially offset by reduced production from domestic automakers. However, despite higher revenues, operating expenses rose due to increased personnel costs associated with hiring more staff and improving employee benefits, leading to a decrease in operating profit.
Ordinary profit also declined due to additional non-operating expenses. Notably, the company recorded a significant net income gain of ¥731 million from the sale of investment securities, resulting in a substantial 46.5% increase in net income per share from the previous year. --- The company implemented a two-for-one stock split effective January 1, 2026, which adjusted the prior year’s earnings per share to reflect this change.
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