Aiphone (6718) Q2 2027 earnings summary

Executive summary

• H1 FY2027 net sales fell 2.7% YoY to ¥29,384 million, while operating profit rose 100.2% to ¥1,785 million and profit attributable to owners of parent rose 88.3% to ¥1,611 million.

• Operating profit improvement came alongside higher gross profit and lower selling, general and administrative expenses than the prior-year period.

Financial highlights

• Gross profit was ¥13,891 million versus ¥12,634 million YoY; SG&A was ¥12,105 million versus ¥11,742 million.

• Ordinary profit increased 117.2% YoY to ¥2,089 million; basic EPS was ¥98.43 versus ¥52.29.

• Comprehensive income was ¥1,457 million versus ¥1,520 million YoY, reflecting other comprehensive income of ¥(153) million.

• Operating cash flow was ¥3,494 million versus ¥1,456 million in H1 FY2026.

Outlook and guidance

• FY2027 guidance remains unchanged: net sales ¥65,800 million, operating profit ¥4,000 million, ordinary profit ¥4,500 million, and parent-attributable profit ¥3,200 million.

• Full-year basic EPS guidance is ¥195.52; forecast YoY changes are +4.5% for sales, +42.7% for operating profit, +41.9% for ordinary profit, and +29.8% for parent-attributable profit.

• FY2027 annual dividend forecast is ¥130 per share, including ¥50 for the interim payment and ¥80 at year-end; dividend forecast was unchanged.