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Ooba forecasts 2% decline in ordinary profit for fiscal year ending May 2027
According to earnings released by Ooba on July 9, consolidated ordinary profit for the fiscal year ended May 2026 rose 7.2% from the previous year to 2.14 billion yen. For the fiscal year ending May 2027, the company forecasts a 1.9% decline to 2.1 billion yen. In the March-to-May quarter, consolidated ordinary profit fell 8.5% year-on-year to 660 million yen, with the operating profit margin on sales slipping from 11.8% to 11.2%.