Trusco Nakayama (9830) Q2 2026 earnings summary

Executive summary

• Net sales for FY2026 Q2 rose 12.6% year-over-year to 178,204 million yen, with operating profit up 5.6% to 12,483 million yen and net income attributable to owners of parent up 5.8% to 8,444 million yen.

• Comprehensive income increased 18.5% year-over-year to 9,014 million yen.

• Gross profit increased 10.7% year-over-year, supported by higher sales and inventory valuation gains from price revisions.

• SG&A expenses rose 13.6% year-over-year, mainly due to higher salaries, freight, and depreciation from new logistics centers.

Financial highlights

• EBITDA for Q2 reached 15,889 million yen, up 9.0% year-over-year.

• Operating income for Q2 was 12,483 million yen, up 5.6% year-over-year.

• Gross profit increased to 36,907 million yen from 33,334 million yen year-over-year.

• Basic earnings per share rose to 128.07 yen from 121.08 yen year-over-year.

• Cash and cash equivalents at period-end were 66,873 million yen, up from 56,491 million yen a year earlier.

Outlook and guidance

• Full-year net sales are forecast at 350,000 million yen, up 9.4% year-over-year.

• Operating profit for the full year is projected at 30,886 million yen, up 8.7% year-over-year.

• Net income attributable to owners of parent for the full year is forecast at 21,958 million yen, down 2.6% year-over-year.

• Dividend per share for the full year is planned at 61.0 yen, including a commemorative dividend.