Comture (3844) Q2 2027 earnings summary

Executive summary

• H1 FY2027 net sales rose 3.6% YoY to ¥19,331 million; operating income was ¥2,077 million, while profit attributable to owners of parent fell 72.4% to ¥387 million.

• Q2 net sales were ¥9,778 million and operating income ¥1,329 million; net profit was ¥904 million after a ¥516 million Q1 net loss.

• FY2027 guidance remains unchanged: net sales ¥42,000 million and profit attributable to owners of parent ¥2,250 million.

Financial highlights

• H1 gross profit was ¥4,075 million, with a 21.1% gross margin; SG&A expenses were ¥1,997 million.

• Ordinary income was ¥2,099 million, EBITDA ¥2,496 million, and profit before income taxes ¥725 million.

• H1 included ¥1,434 million of impairment losses, contributing to the decline in net profit.

• Net cash provided by operating activities was ¥1,811 million, versus ¥1,475 million in the prior-year period.

Segment performance

• Technology H1 net sales were ¥7,585 million, 39.2% of total sales, up 2.7% YoY.

• Business Transformation H1 net sales were ¥7,442 million, 38.5% of total sales, up 5.4% YoY.

• Managed Services & Education H1 net sales were ¥4,303 million, 22.3% of total sales, up 2.3% YoY.

• H1 segment gross profit was ¥1,610 million for Technology, ¥1,565 million for Business Transformation, and ¥899 million for Managed Services & Education.