Chori (8014) Q2 2027 earnings summary

Executive summary

• H1 FY2027 net sales rose 8.0% YoY to ¥156,546 million; operating profit increased 10.1% to ¥7,275 million, ordinary profit 15.5% to ¥7,906 million, and parent net profit 10.4% to ¥5,646 million.

• Chemicals demand and civil engineering-related materials supported growth; operating profit reached 50.2% of full-year guidance.

Financial highlights

• Gross profit was ¥21,823 million, up 7.5%, while gross margin was 13.9% versus 14.0%; SG&A rose 6.2% to ¥14,547 million, reflecting continued human-capital investment.

• Basic EPS increased to ¥228.95 from ¥207.49; comprehensive income rose to ¥6,856 million from ¥4,328 million, including a ¥943 million foreign currency translation gain versus a ¥1,238 million loss.

Outlook and guidance

• FY2027 guidance remains unchanged: net sales ¥320,000 million, operating profit ¥14,500 million, ordinary profit ¥15,000 million, parent net profit ¥10,500 million, and EPS ¥426.04.

• H1 progress was 48.9% of full-year sales guidance, 50.2% of operating profit guidance, and 53.8% of parent net profit guidance.

• CIP2028 priorities are advancing expertise, globalization, and strategic business investment.