Inaba Denki Sangyo (9934) Q2 2027 earnings summary

Executive summary

• H1 net sales rose 19.3% YoY to ¥229,433 million; operating profit increased 42.6% to ¥20,036 million and profit attributable to owners of parent rose 35.0% to ¥14,341 million.

• FY2027 forecasts were revised; full-year guidance is ¥470,000 million sales and ¥37,000 million operating profit.

Financial highlights

• Ordinary profit increased 38.3% YoY to ¥21,020 million; comprehensive income rose to ¥17,589 million from ¥14,980 million.

• Gross profit was ¥46,211 million versus ¥34,638 million; SG&A expenses were ¥26,174 million versus ¥20,585 million.

• Basic EPS was ¥127.52 versus ¥94.41; diluted EPS was ¥126.10 versus ¥93.43, on a split-adjusted basis.

Outlook and guidance

• FY ending March 31, 2027 guidance: sales ¥470,000 million (+12.7% YoY), operating profit ¥37,000 million (+24.5%), ordinary profit ¥39,000 million (+22.8%), and net profit ¥27,000 million (+15.3%).

• FY basic EPS forecast is ¥240.53; earnings forecasts were revised on October 30, 2026.