Yuasa Trading (8074) Q2 2027 earnings summary

Executive summary

• H1 FY2027 net sales rose 12.4% YoY to ¥281,818 million; operating profit increased 29.4% to ¥8,108 million and profit attributable to owners of parent rose 13.7% to ¥5,510 million.

• Results reflected broad sales growth across most segments, with Urban Infrastructure and Others recording lower sales; the full-year forecast was revised to ¥576,100 million in sales and ¥12,500 million in parent profit.

Financial highlights

• Net sales ¥281,818 million, up 12.4% YoY; gross profit ¥34,085 million versus ¥29,590 million, and operating profit ¥8,108 million versus ¥6,266 million.

• Ordinary profit rose 27.8% YoY to ¥8,373 million; profit attributable to owners of parent increased 13.7% to ¥5,510 million.

• Comprehensive income was ¥7,541 million versus ¥6,667 million in H1 FY2026.

Outlook and guidance

• Revised FY2027 forecast: net sales ¥576,100 million, operating profit ¥18,700 million, ordinary profit ¥19,100 million, and profit attributable to owners of parent ¥12,500 million.

• FY2027 basic EPS forecast is ¥594.54; projected YoY changes are sales +5.7%, operating profit +11.7%, ordinary profit +10.8%, and parent profit +4.0%.

• FY2027 dividend forecast revised to ¥197 per share, comprising ¥80 interim and ¥117 year-end, versus ¥190 for FY2026.