For the second quarter of the fiscal year ending March 2027, consolidated net sales were 9,744 million yen (Year-over-Year (YoY) +4.5%). Operating income was 360 million yen (-41.0%), ordinary income was 326 million yen (-46.5%), and net income attributable to owners of parent for the interim period was 319 million yen (-19.2%), reflecting lower profit despite revenue growth. Full-year forecasts remain unchanged from the previous announcement: net sales 2,026 million yen, operating income 1,439 million yen, and net income 972 million yen. By segment, the Sales Promotion Support business reported net sales of 5,056 million yen and profit of 315 million yen, and the Product Sales business reported net sales of 4,791 million yen and profit of 45 million yen. Financial position: total assets 11,561 million yen, net assets 5,237 million yen, and equity ratio 45.3%.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"9385","jir_company_name":"Shoei Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-11-11","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/11\/9385-20261111-01.pdf","jir_short_summary":"For the second quarter of the fiscal year ending March 2027, consolidated net sales were 9,744 million yen (Year-over-Year (YoY) +4.5%). Operating income was 360 million yen (-41.0%), ordinary income was 326 million yen (-46.5%), and net income attributable to owners of parent for the interim period was 319 million yen (-19.2%), reflecting lower profit despite revenue growth. Full-year forecasts remain unchanged from the previous announcement: net sales 2,026 million yen, operating income 1,439 million yen, and net income 972 million yen. By segment, the Sales Promotion Support business reported net sales of 5,056 million yen and profit of 315 million yen, and the Product Sales business reported net sales of 4,791 million yen and profit of 45 million yen. Financial position: total assets 11,561 million yen, net assets 5,237 million yen, and equity ratio 45.3%.","jir_summary":"### Overview of Results\nIn this interim period, net sales increased while profitability deteriorated significantly. Net sales expanded to 9,744 million yen (YoY +4.5%), but operating income declined to 360 million yen (YoY -41.0%), falling below the prior-year interim level, and ordinary income decreased to 326 million yen (YoY -46.5%). Interim net income attributable to owners of parent also fell to 319 million yen (YoY -19.2%). By segment, Sales Promotion Support reported net sales of 5,056 million yen and profit of 315 million yen, and Product Sales reported net sales of 4,791 million yen and profit of 45 million yen. The full-year forecast remains as previously announced.\n\n### Financial Position and Dividends\nAt the end of the interim period, total assets were 11,561 million yen, net assets were 5,237 million yen, and the equity ratio was 45.3%. Cash and cash equivalents were 1,053,978 thousand yen, and cash and deposits were 1,053,978 thousand yen. Changes in net assets were mainly due to increases in retained earnings. Information on dividend payment dates and year-end dividends is provided in the body of the document. While the financial structure remains sound, attention is required from a cash management perspective due to increases in short-term borrowings.","jir_financial_highlights":"Net Sales: 9,744,267 (YoY +4.5%)\nOperating Income: 360,354 (YoY -41.0%)\nOrdinary Income: 326,382 (YoY -46.5%)\nNet Income Attributable to Owners of Parent (interim): 319,842 (YoY -19.2%)\nTotal Assets: 11,561,277 (Increase from the end of the prior fiscal year)","jir_category":"","jir_hashtags":"#ShoeiCorporation, #Earnings","jir_key_figures":"Net Sales: 9,744 million yen (YoY +4.5%)\nOperating Income: 360 million yen (YoY -41.0%)\nNet Income Attributable to Owners of Parent (interim): 319 million yen (YoY -19.2%)","jir_meta_title":"Shoei Corporation - Interim Financial Summary Q2 | Net Sales 9,744 million yen, Profit Decline","jir_meta_description":"Key points of Shoei Corporation's interim financial summary for the fiscal year ending March 2027. Net sales rose YoY while operating income, ordinary income and net income declined significantly. Performance by Sales Promotion Support and Product Sales segments. Full-year outlook unchanged.","jir_og_title":"Interim Financial Summary Q2 | Net Sales 9,744 million yen, Profit Decline","jir_og_description":"Shoei Corporation's interim results: revenue increased but profits fell sharply. Results are driven by two segments. Full-year forecast remains unchanged.","jir_og_image_url":"\/assets\/og\/company-financial_summary.jpg","jir_chart_data_collection":"[{\"jir_chart_id\": \"revenue_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Net Sales Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"2026\/04\\\",\\\"2026\/07\\\",\\\"2026\/10\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Net Sales\\\",\\\"data\\\":[932:0,974,0,0],\\\"borderColor\\\":\\\"#3e95cd\\\",\\\"fill\\\":false}]}}\"}, {\"jir_chart_id\": \"operating_profit_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Operating Income Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"2026\/04\\\",\\\"2026\/07\\\",\\\"2026\/10\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Operating Income\\\",\\\"data\\\":[610,360,0],\\\"borderColor\\\":\\\"#8e5ea2\\\",\\\"fill\\\":false}]}}\"}, {\"jir_chart_id\": \"segment_revenue_breakdown\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Segment Net Sales Breakdown\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Sales Promotion Support\\\",\\\"Product Sales\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Net Sales\\\",\\\"data\\\":[5006,4791],\\\"backgroundColor\\\":[\\\"#3e95cd\\\",\\\"#8e5ea2\\\"]}]}}\"}, {\"jir_chart_id\": \"margin_analysis\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Segment Profit by Business\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Sales Promotion Support\\\",\\\"Product Sales\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Profit\\\",\\\"data\\\":[315,45],\\\"backgroundColor\\\":[\\\"#3e95cd\\\",\\\"#8e5ea2\\\"]}]}}\"}, {\"jir_chart_id\": \"guidance_comparison\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Forecast vs. Actual Comparison\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Net Sales\\\",\\\"Operating Income\\\",\\\"Net Income\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Forecast\\\",\\\"data\\\":[2026,2027,0],\\\"borderColor\\\":\\\"#e8c3a6\\\"},{\\\"label\\\":\\\"Actual\\\",\\\"data\\\":[9744,360,319],\\\"borderColor\\\":\\\"#3e95cd\\\"}]}}\"}]","ir_related_company":60023,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-149819","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n