Happinet (7552) Q2 2027 earnings summary

Executive summary

• H1 FY2027 net sales were ¥228,666m, up 16.4% YoY; operating profit was ¥13,730m, up 57.6%, and net income was ¥8,832m, up 32.4%.

• EPS was ¥203.86 versus ¥151.94 YoY; figures reflect the two-for-one share split effective Jan. 1, 2026.

Financial highlights

• Gross profit rose to ¥32,403m from ¥25,039m; SG&A increased to ¥18,673m from ¥16,328m.

• Ordinary profit was ¥13,672m, up 53.3% YoY; comprehensive income increased to ¥9,912m from ¥7,476m.

• Profit before income taxes was ¥13,645m; income taxes were ¥4,812m versus ¥2,254m YoY.

Outlook and guidance

• FY2027 guidance remained unchanged: net sales ¥450,000m, operating profit ¥15,800m, ordinary profit ¥16,000m and net income ¥10,500m.

• FY2027 EPS projection is ¥240.15; the year-end dividend will be considered under the profit distribution policy.