JAPAN MATERIAL (6055) Q2 2027 earnings summary

Executive summary

• H1 FY2027 net sales ¥30,920 million, up 20.4% YoY; operating profit ¥8,569 million, up 41.0%, and profit attributable to owners ¥5,905 million, up 37.5%.

• Strong semiconductor-related demand supported Electronics, while Graphics Solution also grew; Solar Power sales and profit declined YoY.

Financial highlights

• Gross profit rose to ¥11,331 million from ¥8,633 million; ordinary profit increased to ¥8,616 million from ¥6,211 million.

• Comprehensive income was ¥6,411 million, up 55.7% YoY; basic EPS was ¥57.46 versus ¥41.79.

• H1 cash from operating activities was ¥10,141 million, versus ¥8,128 million; ending cash and cash equivalents were ¥20,212 million.

Outlook and guidance

• FY2027 forecast remains unchanged: net sales ¥61,000 million, operating and ordinary profit ¥15,500 million each, and parent-attributable profit ¥10,800 million.

• Full-year basic EPS forecast is ¥105.08; annual dividend forecast is ¥35 per share, with no change to the latest forecast.

• Results may be affected by changes to major customers’ investment schedules and significant shifts in customer plant operating rates.