Keyence (6861) Q2 2027 earnings summary

Executive summary

• FY2026 1H net sales rose 34.9% YoY to ¥735,399 million; operating income increased 50.0% to ¥408,262 million and net income attributable to owners rose 49.4% to ¥298,675 million.

• FY2026 2Q net sales grew 36.8% YoY and operating income 54.8%; sequential sales and operating margin also increased.

Financial highlights

• FY2026 1H income before taxes was ¥424,348 million; gross profit was ¥629,966 million versus ¥450,878 million YoY, while SG&A rose to ¥221,703 million from ¥178,698 million.

• FY2026 2Q net sales were ¥388.8 billion, operating income ¥221.2 billion, income before taxes ¥227.6 billion and net income attributable to owners ¥159.5 billion.

• FY2026 2Q gross profit was ¥335.2 billion, up 42.5% YoY; SG&A rose 23.5% YoY to ¥114.0 billion.

• Six-month comprehensive income increased to ¥300,197 million from ¥209,494 million YoY.

Outlook and guidance

• FY2027 year-end dividend forecast is ¥65/share after the planned split, equivalent to ¥325/share pre-split; interim dividend was ¥325/share pre-split.

• Forecasts rely on available information and reasonable assumptions; actual results may differ for various reasons.