OKABE CO., LTD.
5959・Prime Market・Metal Products
Construction-Related Products Business
The core business of the Okabe Group, a single segment that manufactures and sells construction materials and equipment both domestically and overseas.
| Period | Current | Previous | Change |
|---|---|---|---|
| Construction-Related Products Business Net Sales (Q1 FY2026 cumulative) | ¥15,153 million | ¥14,406 million (Q1 FY2025) | ↑ |
| Construction-Related Products Business Operating Profit (Q1 FY2026 cumulative) | ¥426 million | ¥732 million (Q1 FY2025, down 41.8% year on year) | ↓ |
| Construction-Related Products Business Overseas Sales (Q1 FY2026 cumulative) | ¥4,820 million | ¥3,821 million (Q1 FY2025) | ↑ |
| Construction-Related Products Business Domestic Sales (Q1 FY2026 cumulative) | ¥10,332 million | ¥10,585 million (Q1 FY2025) | ↓ |
| Construction-Related Products Business Share of Net Sales | 92.2% | 90.1% (Q1 FY2025) | ↑ |
| Construction-Related Products Business Net Sales (Full-Year Forecast) | ¥72,500 million (consolidated total, unchanged) | ¥63,079 million (FY2025 (ended December 2025) actual) | ↑ |
Business Details
Comprises four domestic categories—Temporary & Formwork Products, Civil Engineering Products, Structural Equipment Products, and Building Materials (Domestic)—along with Building Materials Products (Overseas/US), centered on the United States and Indonesia. Domestically, manufacturing subsidiaries such as OMM Co., Ltd., Fukuoka Form Tie Co., Ltd., and Fuji Bolt Manufacturing Co., Ltd. work in coordination, while overseas, US-based OCM, Inc. sells building materials for infrastructure applications. The Construction-Related Products Business accounts for approximately 92% of net sales, forming the Group's core revenue base.
Recent Overview
Net sales rose 5.2% year on year, but operating profit fell sharply by 41.8% due to higher SG&A expenses and a shift in sales mix.
Net sales of the Construction-Related Products Business for Q1 FY2026 (January through March) were ¥15,153 million (up 5.2% year on year). US building materials products led growth at ¥4,820 million (up 26.1% year on year), while domestically, Temporary & Formwork Products (down 11.8% year on year) and Structural Equipment Products (down 5.7% year on year) were weak, bringing total domestic sales to ¥10,332 million (down 2.4% year on year). On the profit side, in addition to changes in sales mix, increased SG&A expenses such as sales commissions and personnel costs weighed on results, causing operating profit to fall sharply to ¥426 million (down 41.8% year on year). The full-year earnings forecast remains unchanged from the figures announced on February 13, 2026.
Key Products
Growth Drivers
- Expansion of overseas building materials products by capturing resilient construction demand ahead of the expiration of the US Infrastructure Investment and Jobs Act
- Growing demand for sediment disaster prevention-related products driven by national resilience (land strengthening) policy
- Capturing demand for domestic building materials by leveraging strong ties with authorized distributors
- Customer-centric strategy and new product development based on the medium-term management plan OX-2026
- Expansion of sales of column base products for small and medium-sized properties within Structural Equipment Products
Risks
- Sluggish domestic demand for Temporary & Formwork Products due to declining floor area of newly started reinforced concrete construction
- Weak sales of Structural Equipment Products (column base products) for large-scale properties due to intensified competition from rivals
- Profit pressure from increased SG&A expenses such as sales commissions and personnel costs
- Cost increases due to chronic shortage of construction workers and elevated steel prices remaining at high levels
- Impact on overseas business from developments in US trade policy (tariffs)
- Downsizing of Indonesian operations (closure of PT. Okabe Hardware Indonesia stores and discontinuation of the tenant leasing business)
Last updated: March 26, 2026