Shinnihon (1879) Q2 2027 earnings summary

Executive summary

• H1 FY2027 net sales rose 17.9% YoY to ¥66,013 million; operating income increased 37.5% to ¥9,899 million and net income attributable to owners of parent rose 35.1% to ¥7,008 million.

• Comprehensive income was ¥7,504 million, up 41.6% YoY; basic EPS was ¥119.82 versus ¥88.68.

Financial highlights

• Net sales increased from ¥56,010 million to ¥66,013 million; gross profit rose from ¥9,457 million to ¥12,456 million.

• Operating income was ¥9,899 million versus ¥7,199 million; ordinary income was ¥10,279 million versus ¥7,390 million.

• Net income attributable to owners of parent increased to ¥7,008 million from ¥5,186 million; income taxes totaled ¥3,271 million versus ¥2,204 million.

Outlook and guidance

• FY2027 forecast: net sales ¥158,000 million (+14.1% YoY), operating income ¥26,800 million (+31.3%), ordinary income ¥27,300 million (+31.4%), and attributable net income ¥18,400 million (+20.9%).

• FY2027 forecast basic EPS is ¥314.59; consolidated results forecast was revised since the latest announcement.

• FY2027 dividend forecast is ¥80 per share, including ¥41 for the second quarter and ¥39 at year-end; no revision to the latest dividend forecast.