AINAVO HOLDINGS (7539) Q2 2026 earnings summary

Executive summary

• Revenue for the first half of FY2026 increased by 1.7% year-over-year to ¥48,258 million, with operating profit up 9.5% to ¥1,744 million and net profit attributable to shareholders up 10.9% to ¥1,202 million.

• Despite higher personnel and SG&A costs, improved gross margin contributed to profit growth.

• The company launched a new three-year plan targeting ¥112,000 million in sales and ¥3,100 million in operating profit by FY2028, focusing on employee recruitment, M&A, and business expansion.

Financial highlights

• Operating profit margin improved as gross profit margin rose by 1.1 points year-over-year.

• Comprehensive income for the period was ¥1,207 million, up 17.0% year-over-year.

• EPS for the interim period was ¥51.75, up from ¥46.81 in the prior year.

• Total assets at March 31, 2026, were ¥49,284 million, up from ¥47,481 million at the previous fiscal year-end.

• Equity ratio remained stable at 55.1%.

Outlook and guidance

• Full-year FY2026 guidance maintained: revenue ¥98,500 million (+6.7% YoY), operating profit ¥2,100 million (+17.1%), net profit ¥1,600 million (+4.7%), EPS ¥68.97.

• No changes to previously announced forecasts.

• Market environment expected to remain challenging due to declining new housing starts and supply chain risks from Middle East tensions.