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Revision of earnings forecasts3439Mitsuchi CorporationConstruction and Materials

Notice Regarding Differences Between Full-Year Consolidated Forecasts and Actual Results

For the fiscal year ending June 2026, consolidated full-year actual results showed a slight increase in net sales and higher-than-expected operating income and ordinary income compared with the previous forecast. However, net income attributable to owners of the parent and earnings per share were below forecast due to an impairment loss recorded by a subsidiary.

Worth reading
69In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
39.3
% (change in operating profit)
Wording
Definitive
How definitive the wording is.

Revised forecast

Fiscal year ending June 2026 · Full yearPrevious forecast published 30 January 2026
Net Sales12,557→12,570million
+0.1%
Operating profit201→280million
+39.3%
Ordinary income340→464million
+36.5%
Profit attributable to owners of the parent237→213million
-10.1%
Net income per share50.92→45.62yen and sen
-10.4%

The bar length represents the relative magnitude of change, based on the item that changed the most in this document.

Reason for the revision

In addition to Japan, orders received from customers overseas, primarily by the subsidiary in Thailand, exceeded expectations. The effects of cost reduction activities and various cost-cutting measures that the Group has continuously promoted also resulted in net sales, operating income and ordinary income exceeding the previous forecast. Meanwhile, net income attributable to owners of the parent was below the previous forecast because a subsidiary recorded an impairment loss on property, plant and equipment and other fixed assets at the end of the fiscal year.

Details and amount of extraordinary loss

Impairment loss on property, plant and equipment and other fixed assets. Amount: Not disclosed.

Previous-period resultsNet sales ¥12,411 million, operating income ¥106 million, ordinary income ¥174 million, net income attributable to owners of the parent -¥117 million, earnings per share -¥23.45
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥12,557 million → ¥12,570 million(+0.1%)
Operating profit¥201 million → ¥280 million(+39.3%)
Ordinary income¥340 million → ¥464 million(+36.5%)
Profit attributable to owners of the parent¥237 million → ¥213 million(-10.1%)
Net income per share50.92 yen and sen → 45.62 yen and sen(-10.4%)
Fiscal Period CoveredFiscal year ending June 2026
Period CoveredFull year
Publication date of previous forecast30 January 2026
Previous-period resultsNet sales ¥12,411 million, operating income ¥106 million, ordinary income ¥174 million, net income attributable to owners of the parent -¥117 million, earnings per share -¥23.45
Reason for the revisionIn addition to Japan, orders received from customers overseas, primarily by the subsidiary in Thailand, exceeded expectations. The effects of cost reduction activities and various cost-cutting measures that the Group has continuously promoted also resulted in net sales, operating income and ordinary income exceeding the previous forecast. Meanwhile, net income attributable to owners of the parent was below the previous forecast because a subsidiary recorded an impairment loss on property, plant and equipment and other fixed assets at the end of the fiscal year.
Details and amount of extraordinary lossImpairment loss on property, plant and equipment and other fixed assets. Amount: Not disclosed.
Consolidated / non-consolidatedConsolidated
Items this document does not state (1)
Dividend forecast revision

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.

Net sales, operating income and ordinary income exceeded forecasts because orders received from customers in Japan and overseas, particularly by the subsidiary in Thailand, were higher than expected, in addition to the effects of cost reduction activities and cost-cutting measures. Meanwhile, net income was below forecast because the subsidiary recorded an impairment loss on property, plant and equipment and other fixed assets at the end of the fiscal year.

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Notice Regarding Differences Between Full-Year Consolidated Forecasts and Actual Results | Mitsuchi Corporation (3439) timely disclosure | Komori