Kunimine Industries (5388) Q2 2027 earnings summary

Executive summary

• H1 FY2027 revenue rose 11.5% YoY to ¥8,602m; operating profit increased 66.8% to ¥768m and attributable net income rose 39.9% to ¥588m.

• Profit growth was driven by stronger Clay Science and Agri performance, while higher imported bentonite ore costs weighed on Bentonite segment profit.

Financial highlights

• Ordinary profit rose 56.5% YoY to ¥909m; comprehensive income was ¥719m versus ¥112m a year earlier.

• H1 included ¥183m of investment securities sale gains; fixed-asset disposal losses were ¥14m, versus ¥49m in the prior-year period.

Outlook and guidance

• FY2027 guidance: revenue ¥18,000m, operating profit ¥1,900m, ordinary profit ¥2,200m, attributable net income ¥1,450m and EPS ¥119.06.

• Full-year forecast was revised after considering H1 results and the outlook; the update was announced September 16, 2026.

• Outlook remains exposed to continued raw-material and logistics cost increases; planned responses include higher-value offerings, appropriate pricing and cost reductions.