Oi Electric Co., Ltd. (6822) cut its consolidated forecast for the first half of the fiscal year ending March 2027, lowering net profit attributable to owners of the parent to ¥110 million from ¥500 million and projecting an operating loss of ¥200 million instead of a ¥200 million profit.
The revision covers the six months from April 1 to Sept. 30, 2026, and replaces the forecast published on July 29, 2026. Net sales are now projected at ¥14.3 billion, down ¥1.5 billion, or 9.49%, from the previous ¥15.8 billion. Ordinary profit is expected to swing to a loss of ¥200 million from a projected profit of ¥180 million, and earnings per share to fall to ¥84.70 from ¥373.79.
| Item (¥ million) | Previous (July 29) | Revised | Prior-year H1 actual |
|---|---|---|---|
| Net sales | 15,800 | 14,300 | 11,836 |
| Operating profit | 200 | -200 | 226 |
| Ordinary profit | 180 | -200 | 203 |
| Net profit attributable to owners of the parent | 500 | 110 | 207 |
| EPS (yen) | 373.79 | 84.70 | 157.34 |
The company said sales in its information and communications equipment manufacturing and sales business fell short mainly because revenue recognition for some optical transmission equipment projects slipped to the second half or later. On the profit side, in addition to lower sales, soaring raw material prices, mainly for communications equipment for second-generation smart meters, eroded margins. Its network construction and maintenance business was broadly on plan.
Oi Electric kept its full-year consolidated forecast unchanged, citing expected progress in efforts to improve the profitability of communications equipment for second-generation smart meters and the expectation that optical transmission equipment sales delayed from the first half will be booked in the second half. It said it will disclose promptly if a revision becomes necessary.
| Hikari Tsushin, Inc. | |
| Offer price | ¥1,000 per common share |
| M&A / TOB | 1 |
| Guidance | 0 |
| Buybacks | 0 |
| Dividends | 0 |
| Capital | 0 |
| Earnings | 0 |
| People | 0 |
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