Secom (9735) Q2 2026 earnings summary

Executive summary

• Net sales for the six months ended September 30, 2025, reached a record ¥593.5 billion, up 6.0% year-over-year, driven by growth across all business segments.

• Operating profit increased 14.2% to ¥67.4 billion, while ordinary profit declined 5.4% to ¥79.1 billion due to lower investment partnership gains.

• Profit attributable to owners of parent decreased 2.6% to ¥49.1 billion, mainly from a decrease in profit attributable to non-controlling interests.

• Launched new products and services, including a residential AED and an employee safety reporting app.

• Acquired AVTEL Holdings, expanding global security integration and provided security for Expo 2025 Osaka.

Financial highlights

• Net sales: ¥593,547 million, up 6.0% year-over-year, marking a new record.

• Operating profit: ¥67,464 million, up 14.2% year-over-year.

• Ordinary profit: ¥79,063 million, down 5.4% year-over-year, mainly due to a decrease in investment partnership gains.

• Basic EPS: ¥119.39 for the period, adjusted for a 2-for-1 stock split.

• Gross profit increased to ¥183.9 billion from ¥169.2 billion year-over-year.

Outlook and guidance

• Full-year net sales projected at ¥1,251,000 million, up 4.3% from the previous year.

• Operating profit forecasted at ¥150,000 million, up 4.0% year-over-year.

• Profit attributable to owners of parent forecasted at ¥103.4 billion (+4.4% YoY).

• Basic earnings per share for the full year projected at ¥252.62.

• Year-end dividend of 50 yen per share planned, with a total annual payout ratio of 39.6%.