Sharp (6753) Q2 2026 earnings summary

Executive summary

• Achieved a significant turnaround with profit attributable to owners of parent at ¥45,480 million for the six months ended September 30, 2025, up 98.1% year-over-year, driven by business restructuring and asset-light initiatives.

• First half FY2025 sales declined 13.3% year-over-year to ¥950,343 million due to competition, FX volatility, and a challenging market environment.

• Operating profit surged 1.5x to ¥28,955 million from ¥479 million, with ordinary profit up to ¥33,586 million from ¥1,466 million.

• Asset Light Initiatives, including halting SDP production, narrowed Device Business losses despite lower sales.

• Comprehensive income improved sharply to ¥54,950 million from a loss of ¥12,652 million in the prior year period.

Financial highlights

• First half FY2025 net sales: ¥950,343 million, down 13.3% year-over-year.

• Operating profit: ¥28,955 million (3.0% margin), up 5,942.2% year-over-year.

• Ordinary profit: ¥33,586 million (3.5% margin), up 2,190.6% year-over-year.

• Bottom-line profit: ¥45,480 million (4.8% margin), up 98.1% year-over-year.

• Basic earnings per share more than doubled to ¥70.05 from ¥35.36 year-over-year.

Outlook and guidance

• FY2025 full-year sales forecast revised to ¥1,870,000 million, down 13.4% year-over-year.

• Operating profit forecast raised to ¥45,000 million (+64.6% year-over-year).

• Ordinary profit forecast: ¥45,000 million (+154.9% year-over-year).

• Bottom-line profit forecast: ¥53,000 million (+46.8% year-over-year).

• Basic earnings per share forecasted at ¥81.63 for the full year.