Secom (9735) Q2 2027 earnings summary

Executive summary

• Six-month net sales rose 4.9% YoY to ¥622,338 million; operating profit increased 9.4% to ¥73,801 million, ordinary profit 17.4% to ¥92,823 million, and profit attributable to owners of parent 12.6% to ¥55,270 million; all reached record highs.

• Revenue growth was led by Security and Fire Protection Services; operating profit also benefited from BPO and ICT Services, while higher investment partnership gains supported ordinary profit.

Financial highlights

• Gross profit increased to ¥196.5bn from ¥184.0bn; profit before income taxes was ¥92.0bn versus ¥78.8bn, and net profit was ¥62.9bn versus ¥54.1bn.

• Basic EPS was ¥138.24 for the six-month period ended September 30, 2026; comprehensive income increased to ¥79.6bn from ¥55.4bn.

• Operating cash flow was ¥117,141 million; investing and financing cash outflows were ¥52,584 million and ¥88,144 million, respectively.

Outlook and guidance

• FY2027 forecasts remain unchanged: net sales ¥1,313,500 million, operating profit ¥165,500 million, ordinary profit ¥176,000 million, and profit attributable to owners of parent ¥105,800 million.

• Basic EPS forecast is ¥266.33; annual dividends are forecast at ¥120 per share, with ¥60 interim and ¥60 year-end.