TANAKEN (1450) Q2 2026 earnings summary

Executive summary

• Revenue for the six months ended September 30, 2025, increased 19.4% year-over-year to ¥6,734.9 million, driven by robust order intake, especially for large-scale projects.

• Operating profit declined 17.0% year-over-year to ¥903.6 million, and net profit fell 15.8% to ¥573.5 million, reflecting higher costs and margin pressure.

• The company is executing a three-year foundational plan focused on strengthening human resources, technology, and alliances, as well as its brand.

Financial highlights

• Revenue: ¥6,734.9 million (+19.4% YoY); Operating profit: ¥903.6 million (−17.0% YoY); Net profit: ¥573.5 million (−15.8% YoY).

• Gross margin was 20.8%, down 6.3 points year-over-year as cost increases outpaced revenue growth.

• EPS for the period was ¥65.93, down from ¥78.31 in the prior year.

• Progress rates for sales and profits are near or above 50% of full-year plan.

Outlook and guidance

• Full-year revenue forecast is ¥14,000 million (+14.0% YoY), with operating profit of ¥1,700 million (+27.0% YoY) and net profit of ¥1,200 million (+23.9% YoY).

• Order environment remains strong, with expectations for continued steady performance in the second half.

• No changes to previously announced dividend forecast; annual dividend planned at ¥55 per share (payout ratio 39.9%).

• Actual results may differ significantly from forecasts due to various important factors.