Doshisha Co (7483) Q2 2027 earnings summary

Executive summary

• H1 FY27 net sales rose 2.1% YoY to ¥60.216bn, while operating profit fell 8.7% to ¥5.609bn and profit attributable to owners fell 7.9% to ¥3.969bn.

• Full-year FY27 guidance remains unchanged: net sales ¥129.0bn, operating profit ¥12.2bn, ordinary profit ¥12.5bn and parent-attributable profit ¥8.55bn.

Financial highlights

• Gross profit was ¥18.352bn versus ¥18.042bn; SG&A rose to ¥12.742bn from ¥11.898bn.

• Ordinary profit decreased 7.2% YoY to ¥5.858bn; comprehensive income fell to ¥3.785bn from ¥4.650bn.

• Cash flow from operating activities was ¥2.648bn versus ¥4.448bn; cash and cash equivalents ended H1 at ¥25.364bn versus ¥35.418bn a year earlier.

Outlook and guidance

• FY27 forecast: net sales ¥129.0bn (+7.0%), operating profit ¥12.2bn (+2.2%), ordinary profit ¥12.5bn (+1.1%) and parent-attributable profit ¥8.55bn (-1.1%).

• FY27 forecast basic EPS is ¥238.35; earnings forecast revisions were not made.

• FY27 annual dividend forecast was revised to ¥120 per share.