Earnings Alerts

Secom Co Ltd (9735) Earnings: 2Q Net Sales Surpass Estimates with Strong Operating Income Growth

By November 11, 2025 No Comments
  • Secom’s second-quarter net sales reached 305.56 billion yen, surpassing estimates of 301.9 billion yen and marking a 5.7% year-over-year increase.
  • Operating income for the quarter increased by 18% year-over-year, totaling 35.25 billion yen.
  • Net income decreased by 6.2% year-over-year, coming in at 24.16 billion yen.
  • For the 2026 forecast, Secom maintains its outlook for operating income at 150.00 billion yen, below the market estimate of 155.51 billion yen.
  • The company projects net income for 2026 at 103.40 billion yen, which is lower than the estimate of 107.14 billion yen.
  • Secom’s net sales forecast for 2026 is set at 1.25 trillion yen, slightly under the market estimate of 1.26 trillion yen.
  • The expected dividend remains at 100.00 yen per share, compared to an estimate of 102.29 yen.
  • Analyst recommendations include 1 buy and 6 hold ratings, with no sell ratings.

Secom Co Ltd on Smartkarma

Secom Co Ltd has garnered positive analyst coverage on Smartkarma, an independent research platform. The insightful primer by αSK highlights Secom’s prominent position as the market leader in Japan’s security services industry. The company’s consistent revenue and net income growth, along with a diversified business portfolio beyond traditional security, showcase its strong fundamentals. Despite concerns about negative free cash flow growth in recent years, Secom’s financial resilience and value characteristics receive high ratings in areas of Value, Growth, and Resilience. Analysts anticipate future growth driven by technological advancements like AI and IoT in security, expansion into sectors such as medical and senior care, and continued overseas expansion, although the company faces competition and challenges in a mature domestic market.

Analysts remain bullish on Secom Co Ltd‘s prospects, as outlined in the report by αSK on Smartkarma. The analysis underscores the company’s strengths in the security services sector and its strategic initiatives for future growth. While noting the importance of monitoring the company’s free cash flow growth, the overall sentiment is optimistic about Secom’s ability to leverage technological advancements and expansion opportunities to drive further success. Investors are advised to conduct independent verification before acting on the insights provided in this research report.


A look at Secom Co Ltd Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth3
Resilience4
Momentum3
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

SECOM CO., LTD. provides comprehensive security services, including online centralized security services, home security systems, and home medical services. According to Smartkarma Smart Scores, Secom Co Ltd shows a balanced outlook across various factors. With a Value score of 3, Dividend score of 3, Growth score of 3, Resilience score of 4, and Momentum score of 3, the company seems to be positioned decently across these key metrics.

Looking at the long-term outlook for Secom Co Ltd, the company appears to have a stable foundation with a resilient score of 4, indicating a strong ability to weather economic uncertainties. While the growth and momentum scores are modest at 3, the balanced scores across different aspects suggest a steady performance in the foreseeable future. It seems that Secom Co Ltd‘s focus on security services positions it well in an evolving market landscape.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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