Financial Results Presentation for the Second Quarter of the Fiscal Year Ending March 2027 | MIC Co.,Ltd. (300A) timely disclosure

Worth reading

68In focus

0–100. This measures how worthwhile something is to read, not how good or bad the company is.

Direction

Improvement

Direction inferred from the company’s description.

Scale

17.2

Year-on-year revenue (excluding postage, cumulative second quarter of the fiscal year ending March 2027, %)

Wording

Conditional

How definitive the wording is.

Contents of this document

Results presentationSecond quarter of FY2027/314 items taken from the company’s own explanation

Financial Results Figures (The key points of this material are explained below)

Net Sales¥7,287 million+17.2%

Operating profit¥854 million+5.3%

Gross Profit Margin34.3

Operating profit margin11.7

Selling, general and administrative expenses¥1,647 million

Results for the three months of the current quarter

Net Sales

¥3,913 million+17.3%

Operating profit

¥505 million+3.3%

Full-year earnings forecast

Net Sales

¥15,400 million

Operating profit

¥2,040 million

EBITDA

¥2,390 million

Operating profit margin

13.2 %

EBITDA margin

15.5 %

What the company explained in this material

Self-assessment against the planThe company's self-assessment against its own plan.

Expected to achieve the initial plan

Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.

Profit growth from higher revenueApprox. ¥97 million
Expanded transactions with existing customers and acquisition of new projectsApprox. ¥97 million
Shareholder benefit expensesApprox. ¥40 million
Osaka site openingApproximately ¥3 million
Sapporo location and PromOS developmentApprox. ¥19 million
Capital investment driven by AI and productivity improvementsApprox. ¥19 million

Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.

Procurement costs, freight charges and other expenses
AssumptionThe company expects a recovery in the second half after passing on price increases resulting from the situation in the Middle East
Revenue seasonality
AssumptionExpected to be concentrated in the second half

New initiatives

Joint delivery services for the supermarket industry scheduled to begin in January 2027
Joint promotional-materials placement program scheduled to begin in 2027
Flagship fulfillment center expansion scheduled to become fully operational from January 2027
Osaka BASE to open in August 2026
Immersive virtual store experience, “WONDER ROOM,” scheduled to open in spring 2027
Retail promotion data platform scheduled to be developed in 2027
Launch of a new shareholder benefit program based on the shareholder register as of the end of September 2026

Key KPIsA metric the company considers important as a management benchmark.

Number of companies using PromOS37 companies
Year on year against the same period last year+32.0%
Number of companies with PromOS contracts finalized by the end of the fiscal year ending March 202741 companies
Number of employees stationed at customer sites107 people
Year on year against the same period last year+7.0%
Number of contracted manufacturers737 companies
Drugstore store penetration rate65 %

Segment results

Manufacturers

Net Sales

¥2,477 million

Year-on-year (%)126

Retail

Net Sales

¥2,974 million

Year-on-year (%)109

IT and Services

Net Sales

¥1,836 million

Year-on-year (%)120

Financial targets

ROE

Actual results14 %

Equity ratio

Actual results74.8 %

Indicative cost of capital

8 %

Risk amount incorporated into the outlookThe amount representing the range of variation the company expects in its forecast.

Approximately ¥100 million

DetailsOne-time costs related to relocating locations (extraordinary loss)

Market Size / Share

Drugstore store penetration rate65 %

Number of stores and locations

Number at period-endShinjuku headquarters, Hachioji Fulfillment Center, Akiruno Fulfillment Center, Tama Plant, Sungate, Sapporo BASE, Osaka BASE

Number of store openings and closures during the periodSapporo BASE opened in May 2026 and Osaka BASE opened in August 2026

Number of employees

Number of Employees709 people

Record date31 March 2026

Capital expenditures

¥1,900 10,000s capital investment driven by AI and productivity improvements

Annual Dividend

Annual dividend per share77 Yen

Payout ratio

Contents of this document
Item	Details
Document type	Results presentation
Fiscal Period Covered	Second quarter of FY2027/3
Net Sales	¥7,287 million (YoY +17.2%)
Operating profit	¥854 million (YoY +5.3%)
Gross Profit Margin	34.3
Operating profit margin	11.7
Selling, general and administrative expenses	¥1,647 million
Results for the three months of the current quarter	Net Sales ¥3,913 million (YoY +17.3%) / Operating profit ¥505 million (YoY +3.3%)
Full-year earnings forecast	Net Sales ¥15,400 million / Operating profit ¥2,040 million / EBITDA ¥2,390 million / Operating profit margin 13.2 % / EBITDA margin 15.5 %
Self-assessment against the plan	Expected to achieve the initial plan
Segment results	Manufacturers Net Sales ¥2,477 million / Year-on-year (%) 126 / Retail Net Sales ¥2,974 million / Year-on-year (%) 109 / IT and Services Net Sales ¥1,836 million / Year-on-year (%) 120
Breakdown of Factors Affecting the Change	Factors Profit growth from higher revenue / Amount Approx. ¥97 million, Factors Expanded transactions with existing customers and acquisition of new projects / Amount Approx. ¥97 million, Factors Shareholder benefit expenses / Amount Approx. ¥40 million, Factors Osaka site opening / Amount Approximately ¥3 million, Factors Sapporo location and PromOS development / Amount Approx. ¥19 million, Factors Capital investment driven by AI and productivity improvements / Amount Approx. ¥19 million
Key KPIs	Indicator name Number of companies using PromOS / Value 37 companies / Year on year against the same period last year 32 companies, Indicator name Number of companies with PromOS contracts finalized by the end of the fiscal year ending March 2027 / Value 41 companies / Year on year against the same period last year Not disclosed, Indicator name Number of employees stationed at customer sites / Value 107 people / Year on year against the same period last year 7 people, Indicator name Number of contracted manufacturers / Value 737 companies / Year on year against the same period last year Not disclosed, Indicator name Drugstore store penetration rate / Value 65 % / Year on year against the same period last year Not disclosed
Number of stores and locations	Number at period-end Shinjuku headquarters, Hachioji Fulfillment Center, Akiruno Fulfillment Center, Tama Plant, Sungate, Sapporo BASE, Osaka BASE / Number of store openings and closures during the period Sapporo BASE opened in May 2026 and Osaka BASE opened in August 2026
Number of employees	Number of Employees 709 people / Record date 31 March 2026 / Changes and hiring plans during the period Not disclosed
Assumptions Underlying the Business Outlook	Item Procurement costs, freight charges and other expenses / Assumption The company expects a recovery in the second half after passing on price increases resulting from the situation in the Middle East, Item Revenue seasonality / Assumption Expected to be concentrated in the second half
Risk amount incorporated into the outlook	Amount Approximately ¥100 million / Details One-time costs related to relocating locations (extraordinary loss)
Financial targets	ROE Actual results 14 % / Equity ratio Actual results 74.8 % / Indicative cost of capital Value 8 %
Annual Dividend	Annual dividend per share 77 Yen / Interim and Year-End Breakdown Not disclosed
Payout ratio	40
Capital expenditures	¥1,900 10,000s (capital investment driven by AI and productivity improvements)
Market Size / Share	Drugstore store penetration rate 65 %
New initiatives	Joint delivery services for the supermarket industry scheduled to begin in January 2027, Joint promotional-materials placement program scheduled to begin in 2027, Flagship fulfillment center expansion scheduled to become fully operational from January 2027, Osaka BASE to open in August 2026, Immersive virtual store experience, “WONDER ROOM,” scheduled to open in spring 2027, Retail promotion data platform scheduled to be developed in 2027, Launch of a new shareholder benefit program based on the shareholder register as of the end of September 2026

Items this document does not state (8)

Ordinary incomeNet incomeProgress against full-year forecastUnit price and quantity metricsMedium-term management plan targetsAcquisition of treasury sharesOrders received and order backlogKey points of the Q&A

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

Revenue growth was driven by expanded transactions with existing customers, the acquisition of new projects, and increased sales from promotional-materials manufacturing projects and PromOS implementations. Although the company achieved higher profit, it incurred upfront investments associated with expanding its fulfillment centers and new services, shareholder benefit expenses, costs to open the Osaka and Sapporo locations, PromOS development costs, and investments in AI and productivity improvements. For the full year, the company expects a recovery in the second half after passing on increases in procurement costs, freight charges and other expenses resulting from the situation in the Middle East.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.

Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.

Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.