Takachiho Koheki reports strong Q2, boosts dividend on security segment gains

Takachiho Koheki reported second-quarter sales of 13,472 million yen and an operating profit of 954 million yen for fiscal year 2026, marking a 1.2% and 1.9% increase year-on-year, respectively. Net income also rose by 20.6% to 717 million yen, with earnings per share (EPS) at 38.48 yen. The company’s Business Security segment saw sales increase by 6.5% to 6,924 million yen and operating profit surge by 40.4% to 660 million yen. In contrast, the Electromechanics segment experienced a 3.9% decline in sales to 6,548 million yen and a 37.0% decrease in operating profit to 293 million yen, primarily due to inventory adjustments and a decline in special demand.

The company's full-year forecast for fiscal year 2026 remains unchanged, projecting net sales of 30,000 million yen and an operating profit of 2,200 million yen. Takachiho Koheki also announced an annual dividend of 80.5 yen per share for fiscal year 2026, an increase of 0.5 yen from the prior year, alongside a 100% dividend payout ratio. This aligns with its Medium-Term Management Plan 2025-2027, which aims for a progressive dividend system from fiscal year 2027 onward.

Growth investments include 0.5 billion yen for strengthening human capital, 0.7 billion yen for DX promotion, and 4.8 billion yen for business investments and M&A, aiming to achieve targets such as a 3,000 million yen operating profit and ROE of 10% or higher by fiscal year 2028.