Harmonic Drive Systems (6324) Q2 2027 earnings summary

Executive summary

• Six-month net sales rose to ¥36,124 million, with operating profit of ¥4,205 million and profit attributable to owners of parent of ¥2,986 million.

• Total assets reached ¥114,060 million and net assets ¥83,445 million as of September 30, 2026.

Financial highlights

• H1 net sales were ¥36,124 million, up 29.8% YoY; gross profit was ¥12,777 million versus ¥7,965 million.

• H1 operating profit was ¥4,205 million, up 803.5% YoY; ordinary profit was ¥4,084 million, up 712.5% YoY.

• H1 profit attributable to owners of parent was ¥2,986 million, up 841.8% YoY; basic EPS was ¥31.54 versus ¥3.35.

• Comprehensive income was ¥3,926 million versus a loss of ¥438 million; other comprehensive income was ¥940 million.

Outlook and guidance

• FY2027 forecast: net sales ¥78,000 million (+31.0% YoY), operating profit ¥10,200 million (+297.3%), ordinary profit ¥10,000 million (+293.8%) and parent-attributable profit ¥7,200 million (+347.5%).

• FY2027 basic EPS forecast is ¥76.05; the financial results forecast was revised.

• FY2027 dividend forecast is ¥28 per share, comprising ¥12 for the second quarter and ¥16 at year-end; the dividend forecast was revised.