Okumura Corp Posts Lower-than-Expected Operating Profit for FY26

TOKYO, May 15 (Pulse News Wire) – Okumura Corporation (1833.T) reported its consolidated operating profit for the fiscal year ending March 2026, which came in lower than previously forecast. The company recorded an operating profit of ¥8.979 billion compared to the previous estimate of ¥12.5 billion.

Revenue stood at ¥30.831 billion, down from the prior projection of ¥38 billion. Additionally, Okumura's ordinary profit was revised to ¥6.53 billion, marking a significant decrease from the earlier expectation of ¥10.7 billion. The net profit for the same period declined to ¥5.505 billion, reflecting challenges faced during the fiscal year.

In detail, the construction division saw revenue drop to ¥26.853 billion, while total sales interest was ¥31.688 billion. General administrative expenses increased by 784 million yen compared to the previous year, contributing to the overall decline in profitability. Furthermore, the company noted adjustments in its investment development projects, leading to a reduction in expected earnings.

Despite these setbacks, Okumura remains committed to strategic investments aimed at long-term growth and stability.