COMSYS (1721) Q1 2027 earnings summary

Executive summary

• Orders received rose 13.2% year-over-year to ¥194,116 million, with net sales up 8.6% to ¥139,329 million for the quarter ended June 30, 2026, driven by strong telecom and social system-related fields.

• Operating profit increased 29.6% year-over-year to ¥9,905 million, and net profit attributable to owners of parent surged 47.4% to ¥8,538 million, aided by investment securities sales.

• Group-wide engagement and sustainability initiatives continued, with recognition in climate change and supplier engagement indices.

Financial highlights

• Net sales: ¥139,329 million (+8.6% YoY); Operating profit: ¥9,905 million (+29.6% YoY); Ordinary profit: ¥10,587 million (+27.5% YoY); Profit attributable to owners of parent: ¥8,538 million (+47.4% YoY).

• Gross profit margin improved by 1.6 percentage points year-over-year to 15.1%.

• Operating margin rose to 7.1% from 6.0% a year earlier.

• EPS: ¥73.89 (primary), ¥73.14 (diluted), up from ¥49.32 and ¥49.22 respectively YoY.

• Extraordinary income included a ¥2,510 million gain on sale of investment securities.

Outlook and guidance

• Full-year forecast (ending March 31, 2027): Net sales ¥670,000 million (+6.2%), operating profit ¥54,000 million (+6.1%), profit attributable to owners of parent ¥37,860 million (+4.3%), EPS ¥327.22.

• Full-year targets set at ¥720,000 million for orders received and ¥670,000 million for net sales.

• No changes to previously announced earnings or dividend forecasts.

• Management cautions that actual results may differ from forecasts due to economic and competitive uncertainties.