Tsutsumi Jewelry (7937) Q2 2027 earnings summary

Executive summary

• Q2 FY2026 sales declined 7.4% YoY, while operating, ordinary, and net income increased 7.8%, 12.4%, and 15.4%, respectively.

• FY2026 guidance calls for lower sales and income than the prior fiscal year; the forecast was unchanged this quarter.

Financial highlights

• Net sales were ¥12,662 million, down 7.4% YoY; operating income was ¥1,238 million, up 7.8%.

• Ordinary income was ¥1,376 million, up 12.4% YoY; net income was ¥886 million, up 15.4%.

• Net income per share was ¥56.72, versus ¥49.16 in the prior-year quarter.

Outlook and guidance

• FY2026 forecast: net sales ¥31,300 million, down 11.1%; operating income ¥4,000 million, down 23.7%.

• FY2026 forecast: ordinary income ¥4,200 million, down 22.2%; net income ¥2,800 million, down 24.1%; EPS ¥179.18.

• No correction to the financial forecast was made this quarter.