Kitazato (368A) Q2 2027 earnings summary

Executive summary

• H1 FY2027 net sales rose 14.5% YoY to ¥6,006 million; operating profit increased 8.8% to ¥3,014 million and net income rose 12.3% to ¥2,027 million.

• Growth reflected broad product-category gains and overseas sales expansion, with Micro Tools posting the fastest category growth; India sales declined amid competition and distribution-channel changes.

Financial highlights

• Gross profit increased 9.1% YoY to ¥3,778 million; cost of sales ratio rose due to product mix, while SG&A increased.

• Ordinary profit rose 13.5% to ¥3,098 million, aided by subsidy income and the absence of prior-year listing expenses; profit attributable to owners of parent was ¥2,027 million.

• Basic EPS was ¥50.69 versus ¥45.12 a year earlier; comprehensive income was ¥2,027 million versus ¥1,804 million.

Outlook and guidance

• FY2027 forecast unchanged: net sales ¥11,346 million, operating profit ¥6,115 million, ordinary profit ¥6,137 million, net income ¥4,059 million and EPS ¥101.50.

• FY2027 dividend forecast remains ¥41 per share; no change to the latest dividend forecast.

• Forward-looking results may differ significantly due to various factors and are not guaranteed.