Musashi Seimitsu Industry (7220) Q2 2027 earnings summary

Executive summary

• H1 FY2027 net sales rose 4.4% YoY to ¥175,992 million; operating profit rose 3.4% to ¥8,790 million and parent-attributable profit rose 10.7% to ¥4,796 million.

• Performance diverged by region: Japan, Americas and Asia grew, while China and Europe reported segment losses.

Financial highlights

• Ordinary profit increased 7.8% YoY to ¥8,585 million; basic EPS was ¥73.18 and diluted EPS was ¥66.11.

• Gross profit was ¥26,937 million versus ¥25,675 million; SG&A was ¥18,146 million versus ¥17,176 million.

• Comprehensive income fell to ¥4,250 million from ¥6,347 million, reflecting total other comprehensive loss of ¥1,189 million, including foreign currency translation adjustment of negative ¥2,693 million.

Outlook and guidance

• FY2027 forecast: net sales ¥335,000 million (-3.5% YoY), operating profit ¥18,500 million (-9.9%), ordinary profit ¥16,000 million (-20.9%) and parent-attributable profit ¥6,500 million (+414.2%).

• Forecast basic EPS is ¥99.18; earnings forecasts remain unchanged from May 12, 2026.

• FY2027 dividend forecast is ¥40 per share, including ¥20 at year-end; no revision was made to the announced dividend forecast.