Sanoh Industrial (6584) Q2 2027 earnings summary

Executive summary

• H1 FY2027 net sales rose 9.9% YoY to ¥86.265B, while operating profit fell 54.2% to ¥1.541B and net income attributable to owners was a ¥244M loss.

• Americas and Asia sales growth, supported by favorable FX, was offset by lower Japan and China sales and higher costs across regions.

Financial highlights

• Gross profit was ¥11.303B versus ¥13.156B; operating profit was ¥1.541B versus ¥3.361B.

• Ordinary profit fell 61.1% to ¥948M; net income attributable to owners was a ¥244M loss versus ¥2.979B profit a year earlier.

• Prior-year results included a ¥2.595B gain on bargain purchase; current-period pressures included launch costs, tariff pass-through delays, and higher material costs.

• Comprehensive income was ¥3.063B versus ¥2.674B, with FX translation and securities valuation gains contributing to other comprehensive income.

Outlook and guidance

• FY2027 forecast unchanged: sales ¥167B, operating income ¥5.5B, ordinary income ¥3.5B, net income attributable to owners ¥1.5B, and EPS ¥41.89.

• Forecast assumptions rely on currently available information; actual results may differ significantly.