TANAKEN (1450) Q2 2027 earnings summary

Executive summary

• FY27 H1 revenue rose 13.8% YoY to ¥7,665 million; operating income increased 25.3% to ¥1,132 million and net income reached ¥701 million.

• Strong orders lifted carried-forward work to ¥14,003 million, while full-year guidance remained unchanged.

Financial highlights

• H1 revenue was ¥7,665 million, operating income ¥1,132 million and ordinary income ¥1,140 million.

• Gross profit rose to ¥1,677 million from ¥1,403 million; gross margin was 21.9%, up 1.1 percentage points YoY.

• Operating margin was 14.8%, up 1.4 percentage points; net income was ¥701 million, up 22.2% YoY.

• Revenue achieved 47.9% of the full-year plan; operating, ordinary and net income reached 53.9%, 54.2% and 50.0% of plan.

Outlook and guidance

• FY27 guidance remains revenue ¥16,000 million, operating and ordinary income ¥2,100 million each, net income ¥1,400 million and EPS ¥160.94.

• Guidance is unchanged from the May 8, 2026 forecast; no H1 cumulative forecast was made.

• FY29 mid-term targets are revenue ¥20,000 million and operating income ¥2,600 million; the FY26–FY28 plan prioritizes stronger foundations and construction capacity.

• Planned FY27 dividend is ¥55 per share, with a 34.2% payout ratio; policy targets a payout ratio of at least 30%.