NIKKON Holdings (9072) Q2 2027 earnings summary

Executive summary

• H1 FY2027 net sales rose 5.1% YoY to ¥138.579bn; operating profit increased 2.0% to ¥10.941bn and profit attributable to owners rose 61.5% to ¥10.603bn.

• Net profit growth included ¥6.619bn of extraordinary income, primarily gains on sales of investment securities.

Financial highlights

• Gross profit was ¥20.747bn versus ¥20.623bn YoY; SG&A declined to ¥9.806bn from ¥9.897bn.

• Ordinary profit was ¥11.065bn, up 0.6% YoY; profit before income taxes was ¥17.095bn versus ¥11.312bn.

• Comprehensive income increased to ¥15.843bn from ¥7.643bn; basic EPS was ¥86.51 versus ¥54.37.

Outlook and guidance

• FY2027 forecast: net sales ¥285.0bn, operating profit ¥26.7bn, ordinary profit ¥27.5bn and profit attributable to owners ¥22.3bn; basic EPS forecast ¥179.88.

• Forecasts imply stated YoY increases of 5.6% in sales, 12.1% in operating profit, 10.6% in ordinary profit and 27.5% in attributable profit.

• Annual dividend forecast is ¥112 per share, including ¥56 for the second quarter and ¥56 at fiscal year-end; dividend and earnings forecasts were unrevised.