Katakura Industries (3001) investor relations material

Executive summary

• H1 net sales rose 0.4% YoY to ¥20,834 million; operating income increased 18.7% to ¥3,747 million, exceeding forecast.

• Profit attributable to owners of parent rose 51.8% to ¥5,371 million, boosted by a ¥2,971 million gain on the sale of Hulic shares.

• Full-year operating and ordinary income guidance was raised in August following H1 results.

Financial highlights

• H1 net sales were ¥20,834 million, up ¥79 million YoY and ¥34 million above forecast; gross profit rose to ¥7,976 million from ¥7,525 million.

• Operating income was ¥3,747 million, up ¥591 million YoY and ¥1,047 million above forecast; ordinary income was ¥4,523 million, up ¥653 million YoY.

• Profit attributable to owners of parent was ¥5,371 million, up ¥1,833 million YoY and ¥771 million above forecast; EPS was ¥169.68 versus ¥110.26.

• Operating margin rose to 18.0% from 15.2%; comprehensive income increased 64.1% to ¥4,052 million.

• Extraordinary income included a ¥2,971 million gain on the sale of Hulic shares; prior-year extraordinary income of ¥1,250 million included gains from asset sales.

Outlook and guidance

• FY2026 forecast: sales ¥41,100 million; operating income ¥5,800 million and 14.1% margin; ordinary income ¥7,200 million; profit attributable to owners of parent ¥7,450 million; EPS ¥235.27.

• August revisions raised operating, ordinary and net income forecasts; the net income forecast had previously been raised in May due to the Hulic share-sale gain.

• Machinery expects full-year sales and earnings in line with forecast, with deliveries adjusted for H1 delays and rising costs.