SEIWA HOLDINGS (523A) Q2 2026 earnings summary

Executive summary

• Revenue for the six months ended November 2025 was ¥3,874 million, up 6.6% year-over-year, with operating profit of ¥939 million, up 123.8% year-over-year, and net profit attributable to owners of the parent at ¥667 million, up 201.1% year-over-year.

• Major developments included the acquisition of an industrial coating business and the sale of a non-core subsidiary.

• The company operates a single manufacturing segment and continues to pursue M&A for business succession and growth.

Financial highlights

• Revenue: ¥3,874 million (up 6.6% YoY); Operating profit: ¥939 million (up 123.8% YoY); Net profit: ¥667 million (up 201.1% YoY).

• Gross profit margin improved, and cash and equivalents at period-end were ¥2,650 million.

• Basic EPS for the period was ¥44.27, reflecting a stock split.

• Operating cash flow was ¥388 million; investing cash flow was negative ¥359 million, mainly due to business acquisition; financing cash flow was negative ¥281 million.

Outlook and guidance

• The company expects continued expansion in the M&A market, driven by business succession needs among SMEs.

• Management remains focused on supporting group companies, quality improvement, and operational efficiency.