K's Holdings (8282) Q2 2026 earnings summary

Executive summary

• Achieved year-over-year growth in net sales and operating profit for H1 FY3/2026, driven by strong PC and mobile phone sales and robust demand for seasonal products like air conditioners.

• Net sales for the six months ended September 30, 2025, rose 1.4% year-over-year to ¥376,656 million, with operating profit up 9.9% to ¥13,026 million and profit attributable to owners of parent up 18.3% to ¥10,501 million.

• Comprehensive income increased to ¥10,577 million from ¥8,836 million year-over-year.

• Dividend per share was revised upward to 46 yen, reflecting stable profitability and a strong financial position.

• Continued focus on store efficiency, digital transformation, and capital efficiency as part of the Medium-term Management Plan 2027.

Financial highlights

• H1 FY3/2026 net sales: ¥376,656 million (+1.4% YoY); operating profit: ¥13,026 million (+9.9% YoY); profit attributable to owners: ¥10,501 million (+18.3% YoY).

• Q2 FY3/2026 net sales: ¥198,868 million (+0.3% YoY); operating profit: ¥7,755 million (+1.1% YoY).

• Gross profit increased to ¥104,390 million from ¥102,572 million year-over-year, with gross profit margin slightly increased to 27.7% in H1.

• Basic earnings per share for the period was ¥66.15, up from ¥51.89 year-over-year.

• Total assets decreased to ¥409,525 million as of September 30, 2025, from ¥422,682 million at the previous fiscal year-end.

Outlook and guidance

• FY3/2026 forecast: net sales ¥755,000 million (+2.3% YoY), operating profit ¥27,400 million (+3.7% YoY), profit attributable to owners ¥23,000 million (+5.6% YoY).

• Full-year net sales forecast is ¥755,000 million, up 2.3% year-over-year, with operating profit projected at ¥23,000 million and profit attributable to owners of parent at ¥10,000 million.

• Annual dividend forecast revised to ¥46.00 per share, up from ¥44.00 in the previous year.

• PCs, mobile phones, and air conditioners expected to drive growth; continued demand for replacements and energy-efficient products.