COMSYS (1721) Q2 2027 earnings summary

Executive summary

• H1 FY2027 orders rose 11.0% YoY to ¥356,953 million; net sales increased 9.0% to ¥294,767 million and operating profit rose 27.5% to ¥23,002 million.

• Profit attributable to owners of parent increased 37.1% to ¥17,347 million; FY2027 earnings guidance was revised upward.

Financial highlights

• Gross profit increased to ¥44,912 million from ¥37,273 million; SG&A rose to ¥21,910 million from ¥19,232 million.

• Profit before income taxes reached ¥26,503 million versus ¥19,321 million; H1 income included a ¥2,512 million gain on sale of investment securities.

• Comprehensive income was ¥15,989 million versus ¥15,841 million in H1 FY2026.

Outlook and guidance

• FY2027 forecast: orders ¥720,000 million, net sales ¥680,000 million, gross profit ¥101,800 million and operating profit ¥56,000 million.

• Versus May guidance, net sales target increased ¥10,000 million, gross profit ¥2,500 million, operating profit and ordinary profit ¥2,000 million each, and parent-attributable profit ¥2,100 million; orders target unchanged.

• FY2027 ordinary profit forecast is ¥57,000 million, parent-attributable profit ¥40,000 million, and EPS ¥347.52; annual dividend forecast is ¥135 per share, including ¥65 interim and ¥70 year-end.