Kimura Unity Co (9368) Q2 2027 earnings summary

Executive summary

• H1 FY2027 revenue reached a record ¥33,518 million, up 9.7% YoY; operating profit rose 24.0% to a record ¥2,883 million.

• Revenue, operating profit, ordinary profit and net income reached record highs; ordinary profit and net income were ¥3,338 million and ¥2,241 million, up 23.4% and 25.1%.

• Revenue and ordinary profit each increased for six consecutive interim periods.

Financial highlights

• Gross profit was ¥6,858 million, versus ¥6,161 million a year earlier; ordinary profit rose from ¥2,706 million, supported by higher operating profit and equity-method investment income.

• EPS was ¥54.48, up from ¥43.57; comprehensive income rose 60.9% to ¥2,922 million, including ¥588 million of other comprehensive income.

• Total assets were ¥71,873 million, up ¥908 million from FY2026 year-end; equity rose ¥2,018 million to ¥46,040 million.

• Net assets were ¥48,293 million; equity ratio improved 2.0 percentage points to 64.1%, and net assets per share were ¥1,118.65.

Outlook and guidance

• FY2027 guidance remains unchanged: revenue ¥66,000 million, operating profit ¥5,100 million, ordinary profit ¥5,900 million and net income ¥3,850 million.

• Forecast YoY growth is 2.1% in revenue, 3.1% in operating profit, 2.4% in ordinary profit and 20.5% in net income; EPS is ¥93.64.

• FY2027 segment forecasts: logistics revenue ¥46,200 million / operating profit ¥5,100 million; mobility ¥15,400 million / ¥1,300 million; information services ¥3,200 million / ¥450 million.

• Annual dividend is forecast at ¥38 per share, comprising ¥19 interim and ¥19 year-end; stated consolidated payout ratio target is 40%.