Financials Okamura Corporation

Equities

7994

JP3192400004

Business Support Supplies

Market Closed - Japan Exchange Other stock markets 02:30:00 2025-06-16 am EDT			5-day change	1st Jan Change
2,195.00 ^JPY	+1.11%		-0.72%	+6.40%

May. 09	Okamura Corporation Provides Consolidated Earnings Guidance for the First Half and Full Year of Fiscal Year Ending March 31, 2026	CI
Mar. 25	Okamura to Acquire UK-based Boss Design	MT

Projected Income Statement: Okamura Corporation

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	253,170	244,454	261,175	277,015	298,295	314,527	331,400	341,900
Change	-	-3.44%	6.84%	6.06%	7.68%	5.44%	5.36%	3.17%
EBITDA ¹	19,325	20,180	21,709	23,585	30,568	30,724	34,055	36,925
Change	-	4.42%	7.58%	8.64%	29.61%	0.51%	10.84%	8.43%
EBIT ¹	13,391	14,175	15,972	17,372	24,036	23,935	26,940	29,487
Change	-	5.85%	12.68%	8.77%	38.36%	-0.42%	12.55%	9.45%
Interest Paid	-163	-163	-151	-180	-153	-303	-	-
Earnings before Tax (EBT) ¹	14,483	18,007	21,670	23,148	29,557	30,479	32,410	32,457
Change	-	24.33%	20.34%	6.82%	27.69%	3.12%	6.34%	0.14%
Net income ¹	9,851	11,971	14,992	15,906	20,280	22,045	22,627	22,703
Change	-	21.52%	25.24%	6.1%	27.5%	8.7%	2.64%	0.34%
Announcement Date	5/13/20	5/12/21	5/11/22	5/10/23	5/10/24	5/9/25	-	-

¹JPY in Million

Estimates

Fiscal Period: March	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4
Net sales ¹	58,971	75,770	49,068	56,226	61,742	77,418	60,264	58,663	63,840	78,408	63,722	66,200	67,609	79,484	71,081	68,531	70,609	88,074	72,833	72,816	75,196	95,900	75,550	77,150	78,500	100,950
Change	-	28.49%	-35.24%	14.59%	9.81%	25.39%	-22.16%	-2.66%	8.82%	22.82%	-18.73%	3.89%	2.13%	17.56%	-10.57%	-3.59%	3.03%	24.73%	-17.3%	-0.02%	3.27%	27.53%	-21.22%	2.12%	1.75%	28.6%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	1,308	7,541	324	2,535	3,243	8,073	4,142	2,410	2,834	6,586	3,065	2,346	2,616	9,345	5,847	4,245	3,099	10,845	4,572	2,173	3,969	12,885	4,395	3,840	4,895	13,730
Change	-	476.53%	-95.7%	682.41%	27.93%	148.94%	-48.69%	-41.82%	17.59%	132.39%	-53.46%	-23.46%	11.51%	257.22%	-37.43%	-27.4%	-27%	249.95%	-57.84%	-52.47%	82.65%	224.64%	-65.89%	-12.63%	27.47%	180.49%
Charge d'intérêts	-40	-	-42	-	-40	-	-35	-	-38	-	-37	-	-43	-	-35	-	-36	-	-45	-	-80	-	-	-	-	-
Earnings before Tax (EBT) ¹	2,345	-	125	-	4,752	10,456	4,816	-	3,981	-	3,891	-	5,079	-	8,726	-	3,767	-	9,738	2,434	4,778	12,350	-	-	-	-
Change	-	-	-	-	-	120.03%	-53.94%	-	-	-	-	-	-	-	-	-	-	-	-	-75.01%	96.3%	158.48%	-	-	-	-
Net income ¹	1,581	-	1	-	3,381	6,435	3,294	-	2,725	-	2,563	-	3,342	-	6,062	-	2,453	7,646	6,823	1,148	3,204	8,460	3,740	3,650	4,110	11,180
Change	-	-	-	-	-	90.33%	-48.81%	-	-	-	-	-	-	-	-	-	-	211.7%	-10.76%	-83.17%	179.09%	164.04%	-55.79%	-2.41%	12.6%	172.02%
Announcement Date	2/5/20	5/13/20	8/4/20	11/6/20	2/4/21	5/12/21	8/4/21	11/5/21	2/3/22	5/11/22	8/4/22	11/4/22	2/3/23	5/10/23	8/4/23	11/2/23	2/9/24	5/10/24	8/5/24	11/6/24	2/7/25	-	-	-	-	-

¹JPY in Million

Estimates

Fiscal Period: March	2021 S1	2021 S2	2022 S1	2023 S1	2023 S2	2024 S1	2025 S1	2026 S1	2026 S2
Net sales ¹	105,294	139,160	118,927	129,922	147,093	139,612	145,649	149,900	178,800
Change	-	32.16%	-14.54%	9.25%	13.22%	-5.09%	4.32%	2.92%	19.28%
EBITDA	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-
EBIT ¹	2,859	11,316	6,552	5,411	11,961	10,092	6,745	8,900	18,100
Change	-	295.8%	-42.1%	-17.41%	121.05%	-15.63%	-33.16%	31.95%	103.37%
Charge d'intérêts	-84	-	-73	-80	-	-71	-120	-	-
Earnings before Tax (EBT)	2,799	15,208	7,320	8,749	-	14,949	12,172	-	-
Change	-	443.34%	-51.87%	19.52%	-	-	-18.58%	-	-
Net income	2,155	9,816	5,057	5,842	-	10,181	7,971	-	-
Change	-	355.5%	-48.48%	15.52%	-	-	-21.71%	-	-
Announcement Date	11/6/20	5/12/21	11/5/21	11/4/22	5/10/23	11/2/23	11/6/24	-	-

¹JPY in Million

Estimates

Forecast Balance Sheet: Okamura Corporation

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	-10,965	-23,446	-18,360	-17,867	-18,312	3,423	395	5,145
Change	-	-113.83%	21.69%	2.69%	-2.49%	118.69%	110.85%	1,202.53%
Announcement Date	5/13/20	5/12/21	5/11/22	5/10/23	5/10/24	5/9/25	-	-

¹JPY in Million

Estimates

Cash Flow Forecast: Okamura Corporation

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	6,829	6,333	6,665	13,547	17,581	18,828	15,000	11,667
Change	-	-7.26%	5.24%	103.26%	29.78%	7.09%	-14.29%	-22.22%
Free Cash Flow (FCF) ¹	7,672	20,588	3,064	955	9,103	-13,287	18,375	11,847
Change	-	168.35%	-85.12%	-68.83%	853.19%	-245.96%	658.51%	-35.53%
Announcement Date	5/13/20	5/12/21	5/11/22	5/10/23	5/10/24	5/9/25	-	-

¹JPY in Million

Estimates

Forecast Financial Ratios: Okamura Corporation

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	7.63%	8.26%	8.31%	8.51%	10.25%	9.77%	10.28%	10.8%
EBIT Margin (%)	5.29%	5.8%	6.12%	6.27%	8.06%	7.61%	8.13%	8.62%
EBT Margin (%)	5.72%	7.37%	8.3%	8.36%	9.91%	9.69%	9.78%	9.49%
Net margin (%)	3.89%	4.9%	5.74%	5.74%	6.8%	7.01%	6.83%	6.64%
FCF margin (%)	3.03%	8.42%	1.17%	0.34%	3.05%	-4.22%	5.54%	3.46%
FCF / Net Income (%)	77.88%	171.98%	20.44%	6%	44.89%	-60.27%	81.21%	52.18%
Profitability
ROA	6.32%	6.38%	7.13%	7.6%	9.8%	9.26%	8.4%	8.8%
ROE	7.5%	8.8%	10.7%	10.8%	12.6%	12.3%	11.8%	11.17%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	0.11x	0.01x	0.14x
Debt / Free cash flow	-	-	-	-	-	-0.26x	0.02x	0.43x
Capital Intensity
CAPEX / Current Assets (%)	2.7%	2.59%	2.55%	4.89%	5.89%	5.99%	4.53%	3.41%
CAPEX / EBITDA (%)	35.34%	31.38%	30.7%	57.44%	57.51%	61.28%	44.05%	31.6%
CAPEX / FCF (%)	89.01%	30.76%	217.53%	1,418.53%	193.13%	-141.7%	81.63%	98.48%
Items per share
Cash flow per share ¹	143.3	168.9	209.1	226.9	283.3	304.7	-	-
Change	-	17.88%	23.79%	8.48%	24.87%	7.55%	-	-
Dividend per Share ¹	32	32	40	55	86	94	104	105
Change	-	0%	25%	37.5%	56.36%	9.3%	15.56%	0.96%
Book Value Per Share ¹	1,219	1,382	1,459	1,593	1,821	1,956	2,051	2,126
Change	-	13.32%	5.63%	9.14%	14.33%	7.43%	8.04%	3.65%
EPS ¹	89.44	112.5	151.3	163.2	214.3	232.9	239.2	241.5
Change	-	25.79%	34.44%	7.86%	31.33%	8.71%	8.19%	0.96%
Nbr of stocks (in thousands)	110,145	100,434	97,921	94,838	94,646	94,638	94,638	94,638
Announcement Date	5/13/20	5/12/21	5/11/22	5/10/23	5/10/24	5/9/25	-	-