Sugi Holdings (7649) Q2 2026 earnings summary

Executive summary

• Net sales for FY2025 1H reached ¥500,172 million, up 20.9% year-over-year, with gross profit rising 23.9% to ¥155,748 million.

• Operating income increased 16.8% to ¥23,696 million, and profit attributable to owners of parent surged 119.1% to ¥28,616 million compared to the same period last year.

• Comprehensive income for the period was ¥29,167 million, up 130.7% year-over-year.

• All major financial metrics exceeded or met budget expectations for the first half.

Financial highlights

• EBITDA for FY2025 1H was ¥33,528 million, up 19.0% year-over-year.

• Ordinary income rose 12.9% to ¥24,236 million.

• Basic earnings per share increased to ¥158.13 from ¥72.17 year-over-year.

• Total assets as of August 31, 2025, were ¥554,801 million, with net assets at ¥276,292 million.

• Equity ratio stood at 49.8% as of August 31, 2025.

Outlook and guidance

• FY2025 full-year net sales are budgeted at ¥1,005,000 million, a 14.5% increase over FY2024.

• Operating income is projected at ¥49,000 million, up 15.1% year-over-year.

• Net profit attributable to owners of parent is forecast at ¥44,200 million, a 72.1% increase.

• Basic earnings per share for the full year forecasted at ¥244.24.

• No revisions to the latest earnings or dividend forecasts.