Ono Sokki Co., Ltd. (TSE: 6858), a specialist in automotive and industrial measurement instruments and custom test systems, reported consolidated results for the first half (the six months ended June 30, 2026) of the fiscal year ending December 2026 under Japanese GAAP. Revenue rose 21.2% to ¥7,691 million, and the company swung to an operating profit of ¥518 million from an ¥80 million operating loss a year earlier. Ordinary profit reached ¥573 million (from a ¥38 million loss) and net profit attributable to owners of the parent was ¥353 million (from a ¥121 million loss). Basic earnings per share were ¥33.98, against a ¥11.75 loss per share.
Custom test systems drive the recovery
The custom test systems and services segment — the group's largest — lifted revenue 27.1% to ¥5,434 million and grew segment profit 239.4% to ¥482 million. Demand was strong for updating existing test equipment and for VRS (Virtual & Real Simulator) simulation benches, as automakers accelerate the shift to HEVs and PHEVs and invest to meet tightening regulations. NVH (noise, vibration and harshness) testing, tracking analysis, vehicle-speed measurement and combustion-analysis software all contributed. The order backlog stood at ¥9,040 million, up 11.3%.
Measuring instruments return to profit
The measuring instruments segment posted revenue of ¥2,249 million, up 9.1%, and returned to a segment profit of ¥33 million from a ¥218 million loss a year earlier. Demand came from automotive acoustic and vibration instruments, sound and vibration level meters, tracking analysis and vehicle-speed meters, alongside rotation and dimension/displacement measurement for industrial machinery and semiconductor customers. A small "other" segment added ¥70 million.
Cash flow and balance sheet
Operating cash flow jumped to ¥3,211 million, from ¥942 million a year earlier. Total assets were ¥22,811 million and net assets ¥17,199 million, for an equity ratio of 73.9%.
Guidance kept, dividend raised
Ono Sokki left its full-year FY12/2026 guidance unchanged from January 29, 2026: revenue of ¥15,000 million (+10.1%), operating profit of ¥1,100 million (+86.8%), ordinary profit of ¥1,200 million (+76.7%) and net profit of ¥800 million (+102.5%), with EPS of ¥76.75. It raised the forecast annual dividend to ¥30.00 (¥15.00 interim, ¥15.00 year-end), up from ¥22.00 the previous year.
| Metric | H1 FY12/2026 | H1 FY12/2025 | YoY |
|---|---|---|---|
| Revenue (¥M) | 7,691 | 6,343 | +21.2% |
| Operating profit (¥M) | 518 | -80 | — |
| Ordinary profit (¥M) | 573 | -38 | — |
| Net profit attrib. to owners (¥M) | 353 | -121 | — |
| Basic EPS (¥) | 33.98 | -11.75 | — |
| Annual dividend forecast (¥) | 30.00 | 22.00 | +36.4% |
JapanStockPulse provides informational content only and does not constitute investment advice. Figures are taken from the company's published earnings short report and may be subject to subsequent revision.