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Japan Elevator Service (6544) investor relations material
Japan Elevator Service Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary14 Nov, 2025
Executive summary
Achieved strong sales and profit growth in the first half of FY Mar 2026, with net sales up 15.7% to ¥26.9B and operating profit up 30.7% YoY, driven by robust maintenance, repair, and modernization demand.
Maintenance and repair business net sales increased 13.9% YoY, while modernization business net sales grew 22% YoY.
Raised full-year forecasts for sales, operating profit, and net income, reflecting continued contract growth and improved profitability.
Dividend per share to increase to 19 yen, with a payout ratio of 51.3%, adjusted for a two-for-one stock split effective October 1, 2025.
Financial highlights
Six-month net sales rose to ¥26.9B (+15.7% YoY), operating profit to ¥5.1B (+30.7% YoY), and net profit to ¥3.3B (+30.5% YoY).
EPS for the interim period was ¥18.48 (+30.5% YoY, post-split basis).
FY Mar 2026 revised forecasts: net sales ¥56.5B (+14.4% YoY), operating profit ¥10.6B (+22.9% YoY), net income ¥6.6B (+19.3% YoY), and EPS at ¥37.06.
Operating profit margin before goodwill amortization improved by 2.1 points YoY to 19.6%.
Comprehensive income for the interim period: ¥3.32B (+28.6% YoY).
Outlook and guidance
Full-year guidance raised on the back of strong contract growth and improved margins; both sales and profits expected to reach record highs.
Continued focus on productivity improvements, SG&A control, and expansion in maintenance and modernization.
Dividend payout ratio target set at 40% or more, with actual forecast at 51.3%.
Dividend forecast revised; details available in a separate notice.
How will contract growth be accelerated?
What caused the shift in financing cash flow?
What is the purpose of the stock split?
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Next Japan Elevator Service earnings date
Q3 20266 Feb, 2026
Next Japan Elevator Service earnings date
Q3 20266 Feb, 2026
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Frequently asked questions
Japan Elevator Service Holdings Co., Ltd. (JES) specializes in the maintenance, inspection, and modernization of elevators and escalators. The company offers comprehensive services including regular maintenance, performance inspections, component replacements, and full renewals for aging elevators. JES also sells parts necessary for elevator maintenance. The company operates in various regions across Japan through its subsidiaries, providing services tailored to local needs. The company is headquartered in Tokyo, Japan, and its shares are listed on the Tokyo Stock Exchange.
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