Eco's (7520) Q2 2027 earnings summary

Executive summary

• H1 FY2027 gross revenue was ¥69,793 million, down 1.4% YoY; operating profit fell 5.3% to ¥2,847 million and net income fell 30.5% to ¥1,778 million.

• Continued focus on food supermarkets, value offerings and store renewal; acquired Fresco Kanto on October 1, after the reporting period.

Financial highlights

• H1 net sales were ¥67,911 million versus ¥68,846 million; gross profit was ¥18,512 million versus ¥18,467 million.

• Operating profit was ¥2,847 million, ordinary profit ¥2,919 million, and profit attributable to owners of parent ¥1,778 million, down 5.3%, 5.5% and 30.5% YoY, respectively.

• Profit before income taxes was ¥2,705 million versus ¥3,525 million; extraordinary losses included ¥178 million of impairment losses.

Outlook and guidance

• FY ending February 2027 guidance remains unchanged: gross revenue ¥138,000 million, operating profit ¥5,500 million, ordinary profit ¥5,500 million, and net income ¥3,500 million.

• FY2027 basic EPS forecast is ¥313.63; forward-looking results may differ materially due to assumptions and changing conditions.