SPK (7466) Q2 2026 earnings summary

Executive summary

• Achieved record-high sales and operating profit for the second quarter, driven by robust demand in the automotive aftermarket and contributions from newly consolidated subsidiaries.

• Revenue grew 9.0% year-over-year to 36,450 million yen for the first half ended September 2025, with operating profit up 15.6% and net income attributable to owners up 11.2%.

• The mainstay automotive aftermarket repair parts business performed solidly, offsetting machinery equipment weakness in North America and Europe.

• CUSPA division saw a significant 78.5% revenue increase, driven by acquisitions and expanded sales channels.

• Strategic focus on sustainable growth and business upgrades under the mid-term management plan.

Financial highlights

• Second quarter sales rose 9.0% year-over-year to ¥36,450 million; operating profit increased 15.6% to ¥1,808 million.

• Net income attributable to shareholders grew 11.2% year-over-year to ¥1,322 million.

• Ordinary profit reached ¥1,952 million, up 14.1% year-over-year.

• Basic EPS was 131.00 yen, up from 118.18 yen a year ago.

• Operating margin improved to 5.0% from 4.7% in the prior year.

Outlook and guidance

• Full-year sales forecasted at ¥74,000 million (+7.7% year-over-year), operating profit at ¥3,400 million (+2.7%).

• Net income projected at ¥2,520 million (+0.9% year-over-year).

• No revisions to previously announced forecasts.

• Progress toward full-year plan: sales at 49.3%, operating profit at 53.2% of annual targets.

• Continued focus on strengthening business foundation and pursuing steady revenue and profit growth.