Okumura Corporation Reports 0.6% Rise in Net Sales, 65.3% Surge in Net Income, EPS at 320.62 Yen

Reuters
2025.05.14 07:52
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Okumura Corporation reported a 0.6% rise in net sales to ¥292 billion and a significant 65.3% surge in net income to ¥11.5 billion for the fiscal year ending March 31, 2025. Despite a 1.6% decline in operating profit and a 0.8% decrease in ordinary profit, the basic earnings per share reached ¥320.62. The company plans a financial results briefing on May 15, 2025, and has resolved to purchase treasury shares as part of its strategic financial maneuvers.

Okumura Corporation released its financial results for the fiscal year ended March 31, 2025. The company reported net sales of ¥292 billion, reflecting a year-on-year increase of 0.6%. Operating profit saw a decline of 1.6%, amounting to ¥13.2 billion. Ordinary profit decreased by 0.8% to ¥13.8 billion. However, net income experienced a significant rise of 65.3%, reaching ¥11.5 billion. The basic earnings per share stood at ¥320.62. These figures represent the actual results for the fiscal year. The company also announced its plans to hold a financial results briefing for analysts and institutional investors on May 15, 2025. Additionally, Okumura Corporation's board resolved on matters concerning the purchase of treasury shares, indicating strategic financial maneuvers. The company continues its operations in construction and investment development, including the sale and leasing of real estate and participation in the renewable energy sector.