Oyo Corp. revises outlook, boosts dividends, cancels treasury stock

Oyo Corporation will cancel 538,000 shares of its common stock on November 25, 2025, representing 2.16% of total issued shares before cancellation. This move will reduce the total number of issued shares to 24,322,000.

The company also revised its consolidated financial forecasts for the fiscal year ending December 31, 2025. Net sales are now projected to be JPY 76,000m, up from JPY 75,000m, while operating profit is revised downwards to JPY 3,300m from JPY 4,500m. Ordinary profit is also lowered to JPY 4,000m from JPY 5,100m. However, profit attributable to owners of parent is expected to increase to JPY 3,500m, up from JPY 3,300m, leading to an increased basic earnings per share forecast of JPY 152.89 (previously JPY 144.16).

In line with the revised earnings forecast, Oyo Corporation has increased its year-end dividend forecast from JPY 43.00 to JPY 47.00 per share. This adjustment brings the total annual dividend forecast to JPY 90.00, an increase from the previously projected JPY 86.00 per share. The company cites robust performance in disaster prevention, infrastructure, and offshore wind farm projects in Japan, alongside short-term uncertainties in the offshore wind sector and international markets, as reasons for the revisions.