PILLAR (6490) Q2 2026 earnings summary

Executive summary

• Consolidated sales for Q2 FY2025 decreased by 1.3% year-over-year to 28,161 million yen, and operating income declined by 3.8% to 5,605 million yen.

• Net income rose 4.1% year-over-year to 4,048 million yen, with net earnings per share at 174.69 yen.

• Comprehensive income increased 24.1% year-over-year to 4,141 million yen.

• Full-year earnings forecast remains unchanged, with sales projected at 57,500 million yen and operating income at 10,300 million yen.

Financial highlights

• Q2 sales: 28,161 million yen (-1.3% YoY); operating income: 5,605 million yen (-3.8% YoY); net income: 4,048 million yen (+4.1% YoY).

• Gross profit for the period was 11,386 million yen, up from 11,259 million yen year-over-year.

• Ordinary profit was 5,776 million yen, a 0.4% increase year-over-year.

• Operating income ratio declined to 19.9% from 20.4% a year earlier.

• Interim dividend set at 50 yen per share; annual forecast at 105 yen per share.

Outlook and guidance

• Full-year sales forecast: 57,500 million yen (-0.8% YoY); operating income: 10,300 million yen (-9.1% YoY); net income: 7,200 million yen (-13.2% YoY).

• Earnings per share for the full year are expected to be 308.68 yen.

• Electronic Equipment Business sales expected to decline 5.7% YoY, while Industrial Equipment Business sales are forecast to rise 9.4% YoY.

• Dividend payout ratio targeted at 30% or more; share buyback program up to 2 billion yen underway.