Inaba Denki Sangyo (9934) Q2 2026 earnings summary

Executive summary

• Net sales for the six months ended September 30, 2025, rose 7.0% year-over-year to ¥192,246 million, with operating profit up 18.8% to ¥14,053 million and profit attributable to owners of parent up 25.9% to ¥10,622 million.

• Comprehensive income surged 78.2% year-over-year to ¥14,980 million for the six-month period.

Financial highlights

• Gross profit increased to ¥34,638 million from ¥31,335 million year-over-year, while operating profit rose to ¥14,053 million from ¥11,826 million.

• Ordinary profit reached ¥15,201 million, up from ¥12,417 million year-over-year.

• Basic earnings per share for the six months ended September 30, 2025, was ¥188.82, compared to ¥150.29 in the prior year.

• Equity-to-asset ratio improved to 66.9% as of September 30, 2025, from 61.8% as of March 31, 2025.

Outlook and guidance

• Full-year forecast for fiscal year ending March 31, 2026: net sales of ¥392,000 million (+2.1% year-over-year), operating profit of ¥26,700 million (+4.5%), and profit attributable to owners of parent of ¥19,400 million (+3.3%).

• Basic earnings per share forecast is ¥172.85, reflecting a planned two-for-one stock split effective December 1, 2025.