Human Holdings Co (2415) Q2 2027 earnings summary

Executive summary

• H1 FY2027 revenue rose 2.9% YoY to ¥52,183m; operating income fell 17.7% to ¥971m, while net income increased 4.0% to ¥770m.

• Growth priorities included AI-enabled value creation and efficiency, higher-value services, and strategy-aligned M&A.

Financial highlights

• Ordinary income was ¥1,334m, down 3.3% YoY; lower extraordinary losses supported higher net income despite lower operating and ordinary income.

• Operating cash flow was ¥632m versus ¥1,131m in the prior-year period; investing cash outflow was ¥282m and financing cash inflow was ¥569m.

Outlook and guidance

• FY2027 guidance unchanged: revenue ¥106,000m (+3.4%), operating income ¥3,350m (-7.3%), ordinary income ¥3,650m (-6.1%), and net income ¥2,450m (+10.5%).

• Forecast EPS is ¥236.08; expected annual dividend is ¥71 per share, versus ¥69 in FY2026, which included a ¥4 commemorative dividend.