Sanyo Industries (5958) Q2 2027 earnings summary

Executive summary

• H1 FY2027 revenue was ¥12,655 million, down 0.5% YoY; operating income fell 14.6% to ¥421 million and net income fell 10.6% to ¥343 million.

• Strong growth at system subsidiaries partly offset weaker sales and sharply lower segment profit in the main business.

Financial highlights

• Gross profit rose to ¥3,742 million from ¥3,683 million, while SG&A increased to ¥3,320 million from ¥3,189 million; operating income was ¥421 million versus ¥493 million.

• Ordinary income was ¥541 million, down 9.8% YoY; net income attributable to owners was ¥343 million, down 10.6%.

• Comprehensive income increased to ¥535 million from ¥494 million, supported by a ¥211 million gain in valuation differences on other securities.

Outlook and guidance

• FY2027 guidance unchanged: revenue ¥29,500 million (+1.9%), operating income ¥1,750 million (+4.4%), ordinary income ¥1,950 million (+4.5%), and net income ¥1,300 million (-7.1%).

• Full-year EPS forecast is ¥463.05; management cautioned that actual results may differ materially due to various factors.