Okamura : Announcement of Revision of Performance Forecasts(PDF 153KB)
August 03, 2021
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August 4, 2021
To whom it may concern
Company name: Okamura Corporation
Representative: Masayuki Nakamura
Representative Director, President and Chief
Executive Officer
(Code: 7994, Listing: First Sections of Tokyo Stock Exchange)
Contact:
Naoki Kono, Director and Managing Executive
Officer, Corporate Functional Officer
TEL:
+81-(0)3-5539-6466
Announcement of Revision of Performance Forecasts
The Company provides notice that, in consideration of recent business performance, it has revised the performance forecasts published on May 12, 2021 as follows:
1. Revision of the forecasts of consolidated performance for the first half (cumulative) of the fiscal year ending March 2022 (April 1, 2021 to September 30, 2021)
Profit
Net sales
Operating
Ordinary
attributable to
Profit per
income
income
owners of
share
parent
In millions of yen
In millions of yen
In millions of yen
In millions of yen
Yen
Previous forecast (A)
116,000
4,800
5,500
3,800
37.84
Revised forecast (B)
118,000
6,300
7,000
4,900
49.21
Difference (B - A)
2,000
1,500
1,500
1,100
Percentage of difference (%)
1.7
31.3
27.3
28.9
(Reference) Previous term results
105,294
2,859
3,561
2,155
19.57
(First half of FY ended March 2021)
2. Revision of the forecasts of consolidated performance for the fiscal year ending March 2022 (April 1, 2021 to March 31, 2022)
Profit
Net sales
Operating
Ordinary
attributable to
Profit per
income
income
owners of
share
parent
In millions of yen
In millions of yen
In millions of yen
In millions of yen
Yen
Previous forecast (A)
245,000
15,000
16,000
11,200
111.52
Revised forecast (B)
247,000
16,500
17,500
12,300
123.53
Difference (B - A)
2,000
1,500
1,500
1,100
Percentage of difference (%)
0.8
10.0
9.4
9.8
(Reference) Previous term results
244,454
14,175
15,377
11,971
112.51
(FY ended March 2021)
1
3. Reason for revision
In the Office Furniture and Store Displays segments, demand remained high and the profit margin steadily improved. For this reason, we predict that net sales, operating income, ordinary income, and profit attributable to owners of parent will all exceed the previous forecasts.
Note: The aforementioned performance forecasts have been made based on the information available as of the day when these materials are published; actual results may differ from the predicted figures due to various factors.
Reference
Net Sales by Business Segment (Consolidated)
FY March 2022
(Previous forecast)
Office Furniture
¥132.0 billion
(¥131.0 billion)
Store Displays
¥97.0 billion
(¥96.0 billion)
Material Handling Systems
¥13.0 billion
(¥13.0 billion)
Others
¥5.0 billion
(¥5.0 billion)
Total
¥247.0 billion
(¥245.0 billion)
Operating Income by Business Segment (Consolidated)
FY March 2022
(Previous forecast)
Office Furniture
¥11.8 billion
(¥10.3 billion)
Store Displays
¥3.6 billion
(¥3.4 billion)
Material Handling Systems
¥0.9 billion
(¥1.0 billion)
Others
¥0.2 billion
(¥0.3 billion)
Total
¥16.5 billion
(¥15.0 billion)
2
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Disclaimer
Okamura Corporation published this content on 04 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 September 2021 05:21:06 UTC.
OKAMURA CORPORATION is a company mainly engaged in the manufacture and sale of office environmental equipment and commercial environmental equipment. The Company operates in two business segments. The Office Environmental segment is engaged in the manufacture and sale of office furniture, communal facility furniture, security products and health care products, among others. The Commercial Environmental segment is engaged in the manufacture and sale of store shelves, freezer showcases, refrigerated showcases and store counters. The Company is also engaged in the manufacture and sale of logistics equipment, such as storage racks for factories and warehouses, logistics automatic equipment and facilities.
OKAMURA CORPORATION 
