Enplas (6961) Q2 2026 earnings summary

Executive summary

• Sales increased 6.1% year-over-year in the first half of 2026.3 to ¥20,901 million, exceeding initial forecasts, while profit attributable to owners of parent rose 7.3% to ¥2,247 million.

• Comprehensive income surged 80.0% year-over-year to ¥2,546 million.

• Semiconductor and Life Science segments achieved record-high sales, driven by strong demand and large-volume orders.

• Digital Communication segment saw delays in mass production, impacting sales, while Energy Saving Solution maintained strong automotive component sales.

Financial highlights

• First half sales: ¥20,901 million (+6.1% YoY); operating income: ¥3,051 million (-9.0% YoY); profit attributable to owners: ¥2,247 million (+7.3% YoY).

• Earnings per share rose to ¥254.08 (+¥16.89 YoY).

• Operating margin decreased to 14.6% from 17.0% YoY.

• SG&A expenses increased by ¥109 million, mainly due to higher labor and R&D costs.

• Total assets increased to ¥68,926 million as of September 30, 2025, from ¥62,775 million at March 31, 2025.

Outlook and guidance

• Full-year sales forecast raised to ¥41,000 million (from ¥38,000 million in April); operating income forecast at ¥5,300 million.

• Semiconductor sales expected to remain strong, especially in servers and automotive SoCs, with further growth from AI server and ASIC projects.

• Life Science sales expected to decline YoY due to product discontinuations; Digital Communication faces delays in next-gen product launches.

• Energy Saving Solution sales forecast increased, driven by gear solutions for automotive electrification.

• Planned FX rate for forecasts remains at ¥140/USD.