Subaru Enterprise Co (9632) Q2 2027 earnings summary

Executive summary

• Revenue for the first half of FY2027 increased by 3.5% year-over-year to ¥15,163 million, while operating profit declined by 11.5% to ¥2,459 million and net profit attributable to shareholders fell 11.1% to ¥1,699 million.

• The company is in the second year of its three-year mid-term plan, focusing on enhancing corporate value across all business segments.

Financial highlights

• Revenue: ¥15,163 million (+3.5% YoY); Operating profit: ¥2,459 million (−11.5% YoY); Ordinary profit: ¥2,500 million (−11.9% YoY); Net profit: ¥1,699 million (−11.1% YoY).

• EPS for the half-year was ¥131.70, down from ¥148.25 in the prior year.

• Total assets at period-end were ¥44,787 million, with net assets of ¥38,230 million.

Outlook and guidance

• Full-year revenue is forecast at ¥30,030 million (+1.4% YoY), with operating profit expected to decline 6.4% to ¥4,551 million and net profit to rise 28.2% to ¥3,107 million.

• No changes have been made to the previously announced full-year forecast.