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Fudo Tetra (1813) investor relations material
Fudo Tetra Q2 2027 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
H1 FY Mar 2027 orders were ¥48,461m versus ¥44,937m; net sales were ¥41,469m, up 11.2% YoY.
Operating profit rose 56.7% to ¥3,221m and profit attributable to owners rose 44.5% to ¥1,837m.
Financial highlights
Gross profit rose to ¥7,693m from ¥6,402m, with the margin up to 18.6% from 17.2%; SG&A increased to ¥4,472m from ¥4,346m.
Ordinary profit increased to ¥2,937m from ¥2,208m; profit before income taxes was ¥2,941m versus ¥1,920m. Prior-year H1 included ¥334m in special survey costs; current-period extraordinary losses were ¥4m.
Basic EPS was ¥121.22 versus ¥83.95; comprehensive income was ¥2,161m versus ¥1,396m.
Outlook and guidance
FY2027 forecasts, unchanged from the latest announcement: net sales ¥81,000m (-0.9% YoY), operating profit ¥4,800m (-18.9%), ordinary profit ¥4,900m (-20.0%) and attributable profit ¥3,200m (+28.3%); basic EPS ¥211.20.
Full-year segment forecasts: civil revenue ¥34,400m and operating profit ¥500m; ground improvement revenue ¥44,000m and operating profit ¥4,750m; block revenue ¥2,600m.
- Strong quarterly profit growth, but full-year outlook and new orders signal caution.1813
Q1 2027 - Strong profit growth driven by ground improvement, with stable outlook and unchanged guidance.1813
Q2 2024 - Q1 FY2025 saw lower revenue and losses, but order intake rose; guidance unchanged.1813
Q1 2025 - Profits and revenue fell despite higher orders, but full-year guidance is maintained.1813
Q2 2025 - Net income rose 3.3% despite lower revenue and operating income; guidance unchanged.1813
Q3 2025 - Operating profit up 19.6% year-over-year, with robust guidance and a dividend hike planned.1813
Q4 2025 - Revenue and profit surged on strong orders; full-year outlook and dividend forecast maintained.1813
Q1 2026 - Profits soared on robust segment growth, with governance reforms after cost accounting issues.1813
Q2 2026 - Double-digit profit growth and strong ROE driven by ground improvement, with lower earnings forecasted.1813
Q4 2026
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