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Revision of earnings forecasts5192Mitsuboshi Belting Ltd.Automobiles and transportation equipment

Notice Regarding Revisions to Consolidated Earnings Forecasts for the Second Quarter (Interim Period) and Full Year Ending March 2027, and the Forecast for the Interim Dividend

The forecasts for net sales and each profit item for both the second quarter (interim period) and the full year of the fiscal year ending March 2027 have been raised from the previous forecasts. The interim dividend forecast has been increased from ¥90 to ¥92 per share, and the annual dividend forecast from ¥191 to ¥193 per share.

Worth reading
71In 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
42.5
%
Wording
Conditional
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Second quarter (interim period) and full yearPrevious forecast published 14 May 2026
Net SalesSecond quarter (interim period)48,000→50,000million yen
+4.2%
Net SalesFull year95,000→97,000million yen
+2.1%
Operating profitSecond quarter (interim period)4,500→5,600million yen
+24.4%
Operating profitFull year8,800→9,900million yen
+12.5%
Ordinary incomeSecond quarter (interim period)4,000→5,700million yen
+42.5%
Ordinary incomeFull year8,700→9,800million yen
+12.6%
Profit attributable to owners of the parentSecond quarter (interim period and interim net income)4,200→5,400million yen
+28.6%
Profit attributable to owners of the parentFull year9,000→9,800million yen
+8.9%
Net income per shareSecond quarter (interim period and interim net income)150.48→193.91yen and sen
+28.9%
Net income per shareFull year322.45→353.26yen and sen
+9.6%

The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.

Reason for the revision

In the first quarter, overseas sales were strong and benefited from the yen's depreciation, while the receipt of a customs duty refund in the United States provided a temporary boost to earnings, resulting in performance exceeding the initial plan. In light of this, the assumed exchange rate for the earnings forecast was revised from ¥150 per US dollar to ¥155 per US dollar.

Previous-period resultsInterim period Previous interim-period results (second quarter of the fiscal year ended March 2026): net sales of ¥45,868 million, operating profit of ¥4,597 million, ordinary profit of ¥5,075 million, interim net income attributable to owners of the parent of ¥3,870 million, and interim net income per share of ¥137.45 / Full year Previous full-year results (fiscal year ended March 2026): net sales of ¥92,298 million, operating profit of ¥8,678 million, ordinary profit of ¥10,178 million, net income attributable to owners of the parent of ¥7,392 million, and net income per share of ¥263.35
Dividend forecast revisionThe interim dividend forecast has been increased from ¥90 to ¥92 per share. The annual dividend forecast has been increased from ¥191 to ¥193 per share. The year-end dividend forecast remains unchanged at ¥101 per share.
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net SalesSecond quarter (interim period) 48,000 / Full year 95,000 → Second quarter (interim period) 50,000 / Full year 97,000(Second quarter (interim period) 4.2 / Full year 2.1)
Operating profitSecond quarter (interim period) 4,500 / Full year 8,800 → Second quarter (interim period) 5,600 / Full year 9,900(Second quarter (interim period) 24.4 / Full year 12.5)
Ordinary incomeSecond quarter (interim period) 4,000 / Full year 8,700 → Second quarter (interim period) 5,700 / Full year 9,800(Second quarter (interim period) 42.5 / Full year 12.6)
Profit attributable to owners of the parentSecond quarter (interim period and interim net income) 4,200 / Full year 9,000 → Second quarter (interim period and interim net income) 5,400 / Full year 9,800(Second quarter (interim period and interim net income) 28.6 / Full year 8.9)
Net income per shareSecond quarter (interim period and interim net income) 150.48 / Full year 322.45 → Second quarter (interim period and interim net income) 193.91 / Full year 353.26
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredSecond quarter (interim period) and full year
Publication date of previous forecast14 May 2026
Previous-period resultsInterim period Previous interim-period results (second quarter of the fiscal year ended March 2026): net sales of ¥45,868 million, operating profit of ¥4,597 million, ordinary profit of ¥5,075 million, interim net income attributable to owners of the parent of ¥3,870 million, and interim net income per share of ¥137.45 / Full year Previous full-year results (fiscal year ended March 2026): net sales of ¥92,298 million, operating profit of ¥8,678 million, ordinary profit of ¥10,178 million, net income attributable to owners of the parent of ¥7,392 million, and net income per share of ¥263.35
Reason for the revisionIn the first quarter, overseas sales were strong and benefited from the yen's depreciation, while the receipt of a customs duty refund in the United States provided a temporary boost to earnings, resulting in performance exceeding the initial plan. In light of this, the assumed exchange rate for the earnings forecast was revised from ¥150 per US dollar to ¥155 per US dollar.
Dividend forecast revisionThe interim dividend forecast has been increased from ¥90 to ¥92 per share. The annual dividend forecast has been increased from ¥191 to ¥193 per share. The year-end dividend forecast remains unchanged at ¥101 per share.
Consolidated / non-consolidatedConsolidated
Items this document does not state (1)
Details and amount of extraordinary loss

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.

The revisions reflect strong overseas sales in the first quarter, the tailwind from the yen's depreciation, and results exceeding the initial plan due to the receipt of a customs duty refund in the United States, as well as a revision to the assumed exchange rate from ¥150 to ¥155 per US dollar.

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Notice Regarding Revisions to Consolidated Earnings Forecasts for the Second Quarter (Interim Period) and Full Year Ending March 2027, and the Forecast for the Interim Dividend | Mitsuboshi Belting Ltd. (5192) timely disclosure | Komori