Murakami (7292) Q2 2027 earnings summary
Event summary combining transcript, slides, and related documents.
Q2 2027 earnings summary
11 Nov, 2026Executive summary
H1 FY2027 revenue rose 15.4% YoY to ¥62,783m; operating profit increased 7.1% to ¥5,112m and profit attributable to owners increased 15.4% to ¥4,129m.
Sales volumes of automotive mirrors increased in Japan, Thailand and the US, with foreign-exchange translation also lifting revenue.
Financial highlights
Ordinary profit rose 17.0% YoY to ¥6,507m; interim net profit was ¥4,837m, including ¥707m attributable to non-controlling interests.
Comprehensive income increased to ¥6,747m from ¥1,951m, supported by a ¥1,305m currency-translation adjustment and a ¥672m securities valuation gain.
Outlook and guidance
FY2027 forecast: revenue ¥117,000m (+1.2%), operating profit ¥8,700m (-5.0%), ordinary profit ¥9,700m (-6.8%) and attributable net profit ¥5,900m (-2.9%); EPS ¥509.43.
Full-year guidance was unchanged from the May 13 forecast; the forecast excludes the impact of worsening Middle East conditions.
Latest events from Murakami
- Revenue up 11.9% year-over-year, but profits fell on higher costs and tariffs; guidance unchanged.7292
Q1 2027 - North American growth offset domestic declines, driving higher revenue and net income.7292
Q1 2025 - North American growth offset declines in Japan and Asia, supporting higher revenue year-over-year.7292
Q2 2025 - Sales fell but profits rose slightly, with North America offsetting Asian and Japanese weakness.7292
Q3 2025 - Strong profit growth driven by higher mirror sales; outlook steady, equity ratio at 77.5%.7292
Q1 2026 - Revenue and profit rose on North American strength, but FY2026 outlook is cautious.7292
Q4 2025 - Year-over-year profit growth driven by Asia and North America; guidance unchanged.7292
Q2 2026 - Profits and sales grew on overseas demand recovery; full-year outlook and dividend unchanged.7292
Q3 2026 - Profits rose on strong overseas sales, but next year's outlook is cautious amid global risks.7292
Q4 2026