Square Enix (9684) Q2 2027 earnings summary

Executive summary

• H1 FY2027 net sales rose 21.9% YoY to ¥163.2bn; operating income increased 42.2% to ¥38.8bn and profit attributable to owners of parent rose to ¥28.6bn.

• Digital Entertainment led growth, with higher sales and operating income across HD Games, MMO, and Smart Devices/PC Browser.

Financial highlights

• Gross profit was ¥93.6bn versus ¥77.1bn; ordinary income was ¥40.3bn versus ¥28.6bn YoY.

• Basic and diluted EPS were ¥79.20 and ¥79.17, respectively, adjusted for the three-for-one stock split.

• At September 30, 2026, cash and deposits were ¥279.0bn and total assets were ¥457.2bn.

• Total shareholders’ equity was ¥375.3bn at September 30, compared with ¥355.5bn at March 31, 2026.

Outlook and guidance

• Revised FY2027 forecast: net sales ¥310.0bn (+¥12.4bn), operating income ¥59.0bn (+¥4.3bn), ordinary income ¥59.0bn (-¥5.4bn), and parent-attributable profit ¥37.0bn (+¥7.4bn).

• FY2027 basic EPS forecast is ¥102.58; projected annual dividend remains ¥43 per share on a split-adjusted basis.