Kurabo Industries (3106) Q2 2027 earnings summary

Executive summary

• H1 FY2027 net sales rose 10.4% YoY to ¥76.451bn; operating profit rose 50.4% to ¥5.910bn, ordinary profit rose 49.6% to ¥7.246bn, and profit attributable to owners of parent rose 33.5% to ¥8.571bn.

• Results benefited from growth in Chemical Products, including strong semiconductor-related demand, and ¥5.822bn of gains on sale of investment securities recorded as extraordinary income.

Financial highlights

• Gross profit was ¥17.135bn versus ¥14.555bn YoY; SG&A was ¥11.225bn versus ¥10.625bn.

• Comprehensive income increased to ¥15.041bn from ¥9.445bn YoY, reflecting ¥6.553bn of other comprehensive income, mainly securities valuation gains.

• Profit before income taxes was ¥12.456bn; income taxes were ¥3.968bn and profit was ¥8.488bn.

Outlook and guidance

• FY2027 forecast: net sales ¥160.0bn, operating profit ¥12.0bn, ordinary profit ¥13.3bn, and profit attributable to owners of parent ¥22.5bn; only the net income forecast was raised from the prior ¥14.8bn.

• Revised forecast basic EPS is ¥285.01 after the 5-for-1 stock split; pre-split equivalent is ¥1,425.03.

• FY2027 forecast dividends are ¥33 per share at year-end post-split; the pre-split equivalent is ¥165, with total annual dividends of ¥331 before the split.

• Forecast revision follows recent results and includes an expected ~¥15.0bn gain from planned investment-security sales in November–December 2026; the gain may fluctuate with share prices.