West Holdings Corporation (1407) Q4 2026 earnings summary

Executive summary

• FY2026 net sales rose 19.9% YoY to ¥56,649 million; operating profit increased 50.3% to ¥12,992 million and profit attributable to owners of parent rose 50.1% to ¥8,040 million.

• Net assets reached ¥41,752 million and operating cash flow was ¥7,234 million; FY2027 guidance projects further growth in sales and profit.

Financial highlights

• Gross profit rose to ¥20,779 million from ¥16,292 million; SG&A increased to ¥7,787 million from ¥7,645 million.

• Ordinary profit was ¥11,435 million, up 43.6% YoY; comprehensive income increased to ¥9,160 million from ¥5,695 million.

• Profit included ¥55 million of impairment losses and ¥34 million of losses on retirement of non-current assets; prior-period income taxes were ¥173 million.

Outlook and guidance

• FY2027 forecast: net sales ¥70,412 million (+24.3% YoY), operating profit ¥15,600 million (+20.1%), ordinary profit ¥13,500 million (+18.0%), and parent-attributable profit ¥9,379 million (+16.6%).

• FY2027 basic EPS forecast is ¥236.49.