Kikusui Holdings (6912) Q2 2027 earnings summary

Executive summary

• H1 FY2027 revenue rose 15.9% YoY to ¥7,645m; operating income increased 38.6% to ¥1,170m and net income attributable to owners rose 33.1% to ¥829m.

• Growth reflected demand from semiconductor, data center, automotive, battery, aerospace and energy-related markets, with overseas sales up 41.4% YoY.

Financial highlights

• Revenue was ¥7,645.8m vs ¥6,598.6m YoY; operating income ¥1,170.2m vs ¥844.4m; ordinary income ¥1,256.9m vs ¥959.5m.

• Net income attributable to owners was ¥829.3m vs ¥622.9m; EPS was ¥99.52 vs ¥74.90 YoY.

• Comprehensive income increased to ¥1,049.9m from ¥799.1m, supported in part by higher valuation gains on other securities.

Outlook and guidance

• FY2027 guidance remains unchanged: revenue ¥15,700m (+6.9%), operating income ¥2,520m (+18.0%), ordinary income ¥2,620m (+15.4%) and net income ¥1,810m (+12.5%).

• Full-year EPS forecast is ¥217.20; projected year-end dividend is ¥59 per share, for a ¥59 full-year dividend forecast.

• Forecasts are based on currently available information and assumptions; actual results may differ materially due to multiple factors.