Oval <7727> announced its consolidated financial results for the second quarter of the fiscal year ending March 2025 (April-September 24). Revenue increased by 2.2% year-on-year to 7.128 billion yen, operating profit decreased by 13.6% to 0.689 billion yen, ordinary profit decreased by 26.8% to 0.624 billion yen, and net profit attributable to parent company shareholders decreased by 23.2% to 0.422 billion yen. In the same period last year, there was temporary income from the Anton Paar GmbH license agreement, so the profit was lower than the previous year, but progress exceeded expectations.
The sales of the Sensor Division decreased by 4.9% year-on-year to 4.794 billion yen. The order amount was 4.578 billion yen (a decrease of 27.1% year-on-year).
The sales of the System Division increased by 51.6% year-on-year to 0.922 billion yen. The order amount was 1.858 billion yen (an increase of 64.7%).
The sales of the Service Division increased by 6.5% year-on-year to 1.411 billion yen. The order amount was 1.501 billion yen (an increase of 10.3%).
Regarding the full-year consolidated performance forecast for the fiscal year ending March 2025, the revenue is expected to decrease by 2.4% from the previous year to 14 billion yen, operating profit to decrease by 11.9% to 1.3 billion yen, ordinary profit to decrease by 11.0% to 1.4 billion yen, and net profit attributable to parent company shareholders to decrease by 20.2% to 0.88 billion yen, maintaining the initial plan.
Also on the same day, it announced an increase in the year-end dividend for the fiscal year ending March 2025 from the previous forecast by 1.00 yen to 9.00 yen. This raises the annual dividend per share to 16.00 yen (an increase of 2.00 yen from the previous year).