PIOLAX (5988) Q2 2027 earnings summary

Executive summary

• H1 FY2027 sales rose 6.4% YoY to ¥31,998 million; operating profit fell 12.5% to ¥739 million, while ordinary profit increased 14.2% to ¥899 million.

• Profit attributable to owners declined 28.7% YoY to ¥310 million; comprehensive income was ¥1,856 million, versus a loss of ¥1,885 million a year earlier.

Financial highlights

• Gross profit increased to ¥6,928 million from ¥6,606 million; SG&A rose to ¥6,188 million from ¥5,760 million.

• Operating cash flow was ¥3,949 million, versus ¥1,474 million; investing cash flow was negative ¥373 million, versus negative ¥4,538 million.

• Cash and cash equivalents ended the half at ¥24,649 million, compared with ¥21,396 million at the prior-year period end.

• Total assets were ¥101,126 million at September 30, 2026, versus ¥101,415 million at March 31, 2026; net assets were ¥66,113 million.

Outlook and guidance

• FY2027 forecast: net sales ¥63,000 million, operating profit ¥1,500 million, ordinary profit ¥1,500 million, and parent-attributable profit ¥700 million; forecasts unchanged.

• Forecast basic EPS is ¥27.45; annual dividend forecast is ¥92 per share, with no revision to the dividend outlook.

• Forward-looking estimates rely on available information and assumptions; actual results may differ due to various factors.