LINTEC (7966) Q2 2027 earnings summary

Executive summary

• H1 FY2027 net sales rose 11.5% YoY to ¥172.506bn; operating income increased 31.3% to ¥16.760bn and attributable profit rose 35.7% to ¥12.112bn.

• Revised FY2027 forecasts project net sales of ¥358.0bn and operating income of ¥38.0bn.

Financial highlights

• H1 net sales were ¥172.506bn versus ¥154.752bn; gross profit was ¥46.572bn versus ¥40.654bn YoY.

• Operating income was ¥16.760bn versus ¥12.767bn; ordinary income was ¥17.039bn versus ¥12.487bn YoY.

• Profit before income taxes increased 34.7% to ¥17.091bn; attributable profit rose 35.7% to ¥12.112bn, versus ¥8.928bn YoY.

• Comprehensive income was ¥15.007bn versus ¥2.265bn, including foreign currency translation adjustment of ¥3.017bn versus negative ¥6.596bn.

• Non-consolidated operating income increased ¥3.5bn; foreign-exchange impacts contributed ¥1.7bn to the operating-income increase.

Outlook and guidance

• Revised FY2027 forecasts: net sales ¥358.0bn, operating income ¥38.0bn, profit before tax ¥45.0bn and attributable profit ¥27.5bn.

• Forecasts imply YoY growth of 12.1% in net sales, 51.1% in operating income, 48.1% in ordinary income and 58.3% in attributable profit.

• Revised net sales forecast is ¥16.0bn above the initial forecast; operating income is ¥10.5bn higher and attributable profit ¥8.0bn higher.

• Forecast EPS is ¥442.93; forecast exchange rates are ¥158.47/US$, ¥182.75/€, ¥0.1110/KRW, ¥23.35/CNY and ¥4.99/TWD.