NHK Spring (5991) Q2 2027 earnings summary

Executive summary

• H1 FY2027 net sales ¥440,756 million, up 11.9% YoY; operating profit ¥33,784 million, up 82.3%; ordinary profit ¥40,449 million, up 103.9%; parent-attributable profit ¥29,740 million, up 113.9%.

• Performance benefited from higher HDD suspension demand for data centers, improved automotive segment profitability, and increased sales translated into yen at overseas subsidiaries.

Financial highlights

• H1 gross profit ¥68,654 million vs ¥51,364 million YoY; operating profit ¥33,784 million vs ¥18,534 million.

• Comprehensive income ¥38,311 million vs ¥11,860 million YoY; basic EPS ¥146.77 vs ¥68.58.

• Total assets ¥761,474 million at Sep. 30, 2026, up ¥23,024 million from FY-end; net assets ¥482,768 million, up ¥29,733 million.

Outlook and guidance

• FY2027 forecast raised: revenue ¥910,000 million, operating profit ¥72,000 million, ordinary profit ¥75,000 million, parent-attributable profit ¥50,000 million, basic EPS ¥246.74.

• Versus May 2026 forecast, increases are ¥50,000 million in revenue, ¥13,000 million in operating profit, ¥11,000 million in ordinary profit and ¥5,000 million in parent-attributable profit.

• FY2027 forecast exchange assumptions: ¥155.4 per U.S. dollar and ¥4.8 per Thai baht.