NANYO (7417) Q2 2026 earnings summary

Executive summary

• Revenue and profit declined year-over-year due to weakened purchasing appetite from price hikes and restrained capital investment by companies, but results were generally in line with internal plans.

• Construction machinery segment saw increased revenue and profit from higher rental utilization and strong sales of high-margin products, while industrial machinery and stone quarry segments faced challenging conditions.

Financial highlights

• Revenue for 2Q FY2026 was ¥16,910 million, down 4.2% year-over-year.

• Operating income was ¥1,214 million, down 9.7% year-over-year.

• Ordinary income was ¥1,297 million, down 13.4% year-over-year.

• Net income attributable to shareholders was ¥814 million, down 17.2% year-over-year.

• EPS for the period was ¥65.41, compared to ¥78.82 in the previous year.

Outlook and guidance

• Full-year revenue forecast is ¥37,000 million, up 1.3% from the previous year.

• Operating income forecast is ¥2,750 million, down 3.6% year-over-year.

• Net income is expected to rise slightly to ¥2,050 million, aided by gains from the sale of investment securities.

• Dividend forecast raised to ¥58 per share.