Nitori Holdings (9843) Q2 2027 earnings summary

Executive summary

• H1 FY2027 revenue rose 0.8% YoY to ¥442,792m; operating profit increased 5.7% to ¥63,248m and profit attributable to owners rose 6.8% to ¥44,587m.

• Total assets were ¥1,541,671m at September 30, 2026, while equity attributable to owners reached ¥1,025,924m.

Financial highlights

• Gross profit increased to ¥235,193m from ¥233,148m; SG&A declined to ¥173,922m from ¥174,433m YoY.

• Profit before tax grew 6.0% YoY to ¥64,004m; income tax expense was ¥19,414m versus ¥18,616m.

• Total comprehensive income rose 8.8% YoY to ¥46,211m.

Outlook and guidance

• FY2027 forecast: revenue ¥957,000m (+4.9% YoY), operating profit ¥130,300m (+3.8%), profit before tax ¥131,000m (+2.9%) and parent-attributable profit ¥91,000m (+1.9%).

• Forecast basic EPS is ¥161.05; financial results and dividend forecasts were unchanged from the latest announced forecasts.

• FY2027 annual dividend forecast is ¥32 per share, including ¥16 at the second-quarter end and ¥16 at fiscal year-end.

• Actual results may differ from forecasts due to various factors; forecasts reflect available information and reasonable assumptions.