Japan Elevator Service (6544) Q2 2027 earnings summary

Executive summary

• H1 FY Mar 2027 net sales ¥30,224m, up 12.3% YoY; operating profit ¥5,892m, up 14.8%; profit attributable to owners of parent ¥3,699m, up 12.4%.

• Growth was led by maintenance and repair contracts and modernization sales, with both services recording double-digit YoY increases.

Financial highlights

• Gross profit was ¥11,733m vs. ¥10,449m YoY; SG&A was ¥5,840m vs. ¥5,318m.

• Ordinary profit was ¥5,871m, up 14.3% YoY; EPS was ¥20.70, with the prior period at ¥18.48 on a split-adjusted basis.

• Interim comprehensive income was ¥3,729m vs. ¥3,322m YoY.

Outlook and guidance

• FY Mar 2027 forecast remains unchanged: net sales ¥65,000m (+12.8%), operating profit ¥13,000m (+18.1%), ordinary profit ¥13,000m (+18.1%), and parent profit ¥8,200m (+12.0%).

• FY forecast EPS is ¥45.87; management cautioned that actual results may differ due to various factors.