Okura Industrial sees strong profit growth in first nine months despite slight net profit dip

Okura Industrial Co., Ltd. reported consolidated net sales of 64,233 million yen for the nine months ended September 30, 2025, an 8.2% increase year-on-year. This growth was primarily fueled by strong demand for optical films in high-end displays within the New Materials division. Operating profit surged by 47.3% to 4,685 million yen, while ordinary profit increased by 37.7% to 4,784 million yen, reflecting stabilized operations at new plants and enhanced productivity.

Despite the significant profit growth in operations, profit attributable to owners of parent saw a slight decrease of 0.8% to 3,482 million yen. This was mainly due to extraordinary income recorded in the prior year from the transfer of non-current assets and sale of investment securities. The company's total assets decreased by 2,084 million yen to 100,930 million yen, primarily due to decreases in trade receivables and cash, offset by increases in inventories and property, plant, and equipment.

Net assets increased by 124 million yen to 62,199 million yen, leading to an improved equity ratio of 61.6%, up 1.4 percentage points from December 31, 2024. The company maintains its full-year financial results forecast as announced on February 14, 2025, with no revisions.