CTI Engineering Co (9621) Q2 2026 earnings summary

Executive summary

• H1 FY2026 orders were ¥61.053B, up 0.2% YoY; sales rose 8.3% to ¥55.003B and operating income increased 10.7% to ¥6.617B.

• Net income attributable to owners rose 17.1% YoY to ¥4.427B, supported by domestic strength and improved cost efficiency.

• Full-year sales and profit forecasts remain unchanged and in line with the initial plan.

Financial highlights

• H1 ordinary profit rose 11.0% YoY to ¥6.696B; EPS was ¥161.93 versus ¥136.11 a year earlier.

• Operating margin improved to 12.0% from 11.8%; comprehensive income rose 25.9% to ¥4.439B.

• H1 achievement of full-year plans: orders 58.1%, sales 52.4%, operating income 63.0%, and net income 63.3%.

• Total assets were ¥99.469B and net assets ¥68.360B at June 30, 2026.

Outlook and guidance

• FY2026 forecasts remain unchanged: sales of ¥105B, operating income of ¥7B, and EPS of ¥257.41.

• FY2026 dividend forecast raised to ¥110/share from ¥78/share; forecast payout ratio is 42.7%.

• Mid-Term Management Plan 2027 targets ¥110B sales, ¥12B operating income, ROE of at least 12%, and annual EPS growth of at least 10%.