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PHC Holdings (6523) investor relations material
PHC Holdings Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Operating profit forecast was revised upward by JPY 2.6 billion, with profit attributable to owners revised to JPY 4.4 billion due to JPY 6.8 billion in FX losses, resulting in a net loss despite stable revenue.
CGM business transfer is in final negotiation stages, expected to close January 2026, with the impact included in forecasts.
No impairment loss recognized after testing, with risk of impairment lower than previously assessed.
Interim dividend set at JPY 21 per share, with annual forecast maintained at JPY 42 per share.
Comprehensive income turned positive at JPY 7,236 million, compared to a loss of JPY 9,626 million in the prior year.
Financial highlights
Interest-bearing debt decreased by JPY 7.6 billion to JPY 247.7 billion, with repayments and FX effects.
Cash and cash equivalents decreased by JPY 6.3 billion in Q2; operating cash flow was JPY 12.1 billion, capex JPY 4.4 billion, and financial cash outflow JPY 17.6 billion.
Adjusted EBITDA for FY25Q2 YTD was JPY 24,260 million, up 4.2% year-on-year.
ROE for the quarter was 4.2%, reflecting a year-on-year decrease in profit.
Equity attributable to owners of parent increased to JPY 146,658 million, with the equity ratio rising to 27.9%.
Outlook and guidance
Full-year revenue forecast remains at JPY 363,100 million, with operating profit revised upward to JPY 20,000 million.
Profit before tax and profit attributable to owners revised downward due to FX losses.
Segment guidance: Diabetes Management revised upward, Healthcare Solutions and Diagnostics & Life Sciences revised downward.
Dividend forecast unchanged at JPY 42 per share (interim: JPY 21, year-end: JPY 21).
FX rates assumed at JPY 171/EUR and JPY 146/USD.
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