Toyo Suisan Kaisha (2875) Q2 2027 earnings summary

Executive summary

• H1 FY2027 net sales rose 7.0% YoY to ¥274,064 million; operating profit increased 15.2% to ¥45,825 million and profit attributable to owners of parent grew 11.5% to ¥37,151 million.

• Performance reflected growth in overseas and domestic instant noodles, alongside cost reductions and aggressive sales activity amid stronger competition.

Financial highlights

• Net sales were ¥274,064 million, up 7.0% YoY; gross profit was ¥85,675 million versus ¥77,270 million.

• Operating profit was ¥45,825 million, up 15.2% YoY; ordinary profit was ¥50,305 million, up 14.9%.

• Profit attributable to owners of parent was ¥37,151 million, up 11.5% YoY; basic EPS was ¥385.99 versus ¥335.40.

• Comprehensive income was ¥35,617 million versus ¥34,892 million; profit before income taxes was ¥50,239 million versus ¥44,374 million.

Outlook and guidance

• FY2027 forecast remains unchanged: net sales ¥560,000 million, up 4.4%; operating profit ¥82,000 million, down 4.4%; ordinary profit ¥88,500 million, down 5.9%.

• Forecast profit attributable to owners of parent is ¥65,600 million, down 6.5%, with basic EPS of ¥681.56; EPS incorporates the treasury-share purchase.

• FY2027 dividends are forecast at ¥220 per share: ¥80 interim and ¥140 year-end; no forecast revision.