EXEO Group (1951) Q2 2026 earnings summary

Executive summary

• Net sales for the interim period rose 17.5% year-over-year to ¥321.3bn, with operating profit up 59.1% to ¥16.4bn and profit attributable to owners of parent up 63% to ¥10.2bn.

• Orders received increased 15% year-over-year to ¥421.8bn.

• Comprehensive income increased 41.9% year-over-year to ¥11.1bn.

Financial highlights

• Gross profit for the interim period was ¥46.4bn, up from ¥37.5bn year-over-year, and gross margin improved to 14.4% from 13.7%.

• Ordinary profit increased 39% year-over-year to ¥16.1bn.

• SG&A expenses rose 10% year-over-year to ¥30.0bn.

• Free cash flow turned positive at ¥10.0bn, compared to negative ¥7.8bn in the prior interim period.

• Cash and cash equivalents at period end were ¥37.9bn.

Outlook and guidance

• Full-year forecast: net sales of ¥710.0bn (+5.8% year-over-year), operating profit of ¥47.0bn (+10.7%), ordinary profit of ¥48.0bn (+10.3%), and profit attributable to owners of parent of ¥30.0bn (+11.7%).

• Basic earnings per share forecast for the full year is ¥146.33.

• Orders received for the full year are expected to reach ¥720.0bn (+1%).