Nippn (2001) Q2 2027 earnings summary

Executive summary

• Net sales rose 2.7% YoY to ¥213,509 million; operating income fell 22.6% to ¥8,440 million and ordinary income fell 18.1% to ¥9,975 million, while parent profit rose 9.7% to ¥10,226 million.

• Higher raw material, personnel, logistics and depreciation costs pressured operating profit; gains from investment-security sales supported net income.

Financial highlights

• Gross profit was ¥51,171 million versus ¥52,208 million YoY; SG&A increased to ¥42,731 million from ¥41,299 million.

• Profit before income taxes was ¥14,879 million; profit attributable to owners of parent was ¥10,226 million, and comprehensive income was ¥9,593 million.

• Gain on sale of investment securities was ¥4,955 million, versus ¥1,753 million in 1H FY2026; this supported reported profit growth.

Outlook and guidance

• FY2027 forecast unchanged: net sales ¥430,000 million, operating income ¥21,200 million, ordinary income ¥21,000 million, parent profit ¥19,500 million and EPS ¥256.47.

• Full-year dividend forecast remains ¥68 per share; 1H dividend was ¥34 per share.