NANYO (7417) Q2 2027 earnings summary

Executive summary

• H1 FY2027 revenue was ¥19,219 million (+13.7% YoY), operating income ¥1,550 million (+27.7%), ordinary income ¥1,675 million (+29.2%) and net income attributable to owners ¥1,216 million (+49.3%).

• Results were broadly in line with plan; full-year guidance remained unchanged amid uncertainty in the external environment.

Financial highlights

• Gross profit was ¥4,159 million versus ¥3,651 million; SG&A rose to ¥2,609 million from ¥2,437 million.

• Operating profit increased ¥336 million YoY, including a ¥508 million rise in gross profit; personnel costs rose ¥88 million and other costs ¥83 million.

• Pretax income increased to ¥1,893 million from ¥1,297 million, including a ¥217 million gain on sale of investment securities; income taxes totaled ¥676 million.

• Comprehensive income was ¥1,625 million, up 52.8%; interim EPS was ¥100.57 versus ¥65.41.

Outlook and guidance

• FY2027 guidance was unchanged: revenue ¥40,000 million (+8.6%), operating income ¥3,000 million (+6.8%), ordinary income ¥3,200 million (+4.9%) and net income ¥2,250 million (-4.5%).

• FY2027 EPS guidance is ¥183.73; forecast dividends are ¥65 per share, including an interim ¥10 and year-end ¥55, versus ¥68 for FY2026.

• The FY2028 plan targets revenue of ¥45,000 million, operating income of ¥3,350 million and ordinary income of ¥3,500 million.