Rengo Co (3941) Q2 2027 earnings summary

Executive summary

• H1 FY2027 net sales rose 11.4% YoY to ¥554,141 million; operating profit increased 67.1% to ¥33,369 million and profit attributable to owners of parent rose 89.0% to ¥20,850 million.

• Price revisions, advance packaging demand and additional consolidated subsidiaries supported results, while raw-material, energy, personnel and logistics costs remained pressures.

Financial highlights

• H1 net sales were ¥554,141 million, up ¥56.9bn YoY; gross profit was ¥112,245 million versus ¥92,919 million.

• Operating profit was ¥33,369 million, up ¥13.4bn YoY; ordinary profit was ¥34,269 million, up ¥14.3bn.

• Profit attributable to owners of parent was ¥20,850 million; basic EPS was ¥85.65 versus ¥44.50.

• Comprehensive income was ¥40,998 million versus ¥6,619 million in the prior-year period.

Outlook and guidance

• FY2027 forecasts remain unchanged: net sales ¥1,090,000 million, operating profit ¥46,000 million, ordinary profit ¥44,000 million and profit attributable to owners of parent ¥31,000 million.

• FY2027 forecast basic EPS is ¥127.34; annual dividend forecast remains ¥50 per share, including a ¥25 interim dividend.

• Forecasts reflect current information and assumptions; raw-material, logistics and labor costs are expected to rise, and actual results may differ significantly amid uncertainty.