HIKARI TSUSHIN (9435) Q1 2027 earnings summary

Executive summary

• Revenue rose 15.2% year-over-year in Q1 FY27/3 to ¥192,563 million, driven by solid business performance and increased customer contracts for in-house products.

• Operating profit increased 6.1% year-over-year to ¥29,181 million, and recurring operating profit rose 2%.

• Net profit attributable to owners of parent grew 30.1% year-over-year to ¥36,656 million, with comprehensive income reaching a record high, up 51%.

• Progress toward full-year earnings targets is on track, supported by growth in both core businesses and investment income.

Financial highlights

• Q1 FY27/3 revenue: ¥192.5B (+15% YoY); operating profit: ¥29.1B (+6% YoY); recurring operating profit: ¥44.5B (+2% YoY).

• Pre-tax profit: ¥49.9B (+40% YoY), aided by ¥3.5B in foreign exchange gains.

• Net profit: ¥36.6B (+30% YoY); comprehensive income: ¥78.8B (+49.4% YoY).

• Dividend and interest income rose 20% YoY to ¥19.8B; share of profit from equity-method investments up 94% YoY.

• Basic earnings per share rose to ¥837.15 from ¥641.83 year-over-year.

Outlook and guidance

• Full-year revenue forecast: ¥775.0B (+5.5% YoY); operating profit: ¥130.0B (+11.4% YoY); recurring operating profit: ¥201.5B.

• Profit attributable to owners of parent expected at ¥120.0B (-20.5% YoY).

• Dividend forecast raised to ¥800 per share, marking the 16th consecutive annual increase.

• Ongoing share repurchases, with 2.27B yen of shares bought as of July 2026.