Alpha Systems (4719) Q2 2027 earnings summary

Executive summary

• H1 FY2027 net sales rose 5.0% YoY to ¥20,544 million; operating profit rose 5.7% to ¥2,511 million and net profit rose 5.4% to ¥1,776 million.

Financial highlights

• Ordinary profit increased 6.7% YoY to ¥2,618 million; basic EPS was ¥126.57 and diluted EPS was ¥120.10.

• Reported profit included ¥4.2 million of extraordinary income and ¥5.4 million of extraordinary losses, versus ¥1.3 million and ¥18.4 million, respectively, in H1 FY2026.

Outlook and guidance

• FY2027 guidance: net sales ¥42,500 million (+4.4% YoY), operating profit ¥5,100 million (+3.1%), ordinary profit ¥5,300 million (+3.7%), net profit ¥3,650 million (-2.7%) and EPS ¥260.00.

• Earnings and dividend forecasts were unchanged; FY2027 annual dividend forecast is ¥140 per share, including ¥70 for the second quarter.