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Earnings5820MITSUBOSHI CO.,LTD.Iron & Steel, Nonferrous Metals

Summary of Consolidated Financial Results for the First Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP]

In the first quarter of the fiscal year ending March 2027, net sales, operating income, ordinary income and net income exceeded the year-earlier period, mainly due to increased sales in the wire and cable business and higher copper prices. The full-year earnings forecasts and annual dividend forecast remain unchanged.

Worth reading
40Recurring
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
30.5
% (year-on-year change in revenue)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAP
Net Sales3,543¥ millionYear on year +30.5%Progress 29.1%
Operating profit224¥ millionProgress 55.7%
Ordinary income215¥ millionYear on year +776.7%Progress 52.1%
Net income attributable to owners of the parent131¥ millionYear on year +576.0%

The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.

Net income per share¥32.30
Financial position at period-end
Total assets14,125¥ million
of which net assets 7,502 ¥ millionEquity ratio 53.0%vs. prior year-end +1.0pt

塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.

Segment revenue
Wire and cable2,70876.5%
Polymatech59216.7%
Heating wire2426.8%
Segment profit
Wire and cable255
Polymatech-44
Heating wire14
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥12,163 million (YoY +3.7%)
Operating profit¥402 million (YoY +13.2%)
Ordinary income¥413 million (YoY +6.5%)
Profit attributable to owners of the parent¥285 million (YoY +15.6%)
Revision to Earnings ForecastNo
Annual Dividend Forecast¥17 → ¥17(0.0%)
Factors Behind Changes in Business Performance

In the wire and cable business, increased advance orders, recovery in underlying demand, higher copper prices, stronger sales of high-value-added products, cost reductions and controls, and productivity improvements contributed to higher sales and income. In the Polymatech business, domestic sales increased, products were sold at appropriate prices, and departmental expenses were reduced, while higher costs for raw materials and auxiliary materials and lower sales at a Philippine subsidiary had a negative impact. In the heating wire business, sales increased as demand for industrial equipment and other products recovered.

Disclosure regarding the going concern assumption

No applicable matters.

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name None
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Item Loss on Disposal of Fixed Assets / Amount ¥0 thousand
Depreciation and amortization¥62,854 thousand
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End4,479,965 Shares
Treasury Shares at Period-End354,411 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 June 2026
Net Sales¥3,543 million (YoY +30.5%)
Operating profit¥224 million
Ordinary income¥215 million (YoY +776.7%)
Profit attributable to owners of the parent¥131 million (YoY +576.0%)
Net income per share¥32.30
Equity ratioEnd of the current fiscal period 53 / End of previous period 52
Total assets¥14,125 million
Net assets¥7,502 million
Full-year earnings forecastNet Sales ¥12,163 million (YoY +3.7%) / Operating profit ¥402 million (YoY +13.2%) / Ordinary income ¥413 million (YoY +6.5%) / Profit attributable to owners of the parent ¥285 million (YoY +15.6%)
Revision to Earnings ForecastNo
Annual Dividend Forecast¥17 → ¥17(0.0%)
Segment revenueSegment Wire and cable / Net Sales ¥2,708 million / yoy_pct ¥43.5 million, Segment Polymatech / Net Sales ¥592 million / yoy_pct ¥-4.5 million, Segment Heating wire / Net Sales ¥242 million / yoy_pct ¥17.2 million
Segment profitSegment Wire and cable / Segment profit ¥255 million / yoy_pct Not disclosed, Segment Polymatech / Segment profit ¥-44 million / yoy_pct Not disclosed, Segment Heating wire / Segment profit ¥14 million / yoy_pct Not disclosed
Depreciation and amortization¥62,854 thousand
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Item Loss on Disposal of Fixed Assets / Amount ¥0 thousand
Disclosure regarding the going concern assumptionNo applicable matters.
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name None
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End4,479,965 Shares
Treasury Shares at Period-End354,411 Shares
Factors Behind Changes in Business PerformanceIn the wire and cable business, increased advance orders, recovery in underlying demand, higher copper prices, stronger sales of high-value-added products, cost reductions and controls, and productivity improvements contributed to higher sales and income. In the Polymatech business, domestic sales increased, products were sold at appropriate prices, and departmental expenses were reduced, while higher costs for raw materials and auxiliary materials and lower sales at a Philippine subsidiary had a negative impact. In the heating wire business, sales increased as demand for industrial equipment and other products recovered.
Items this document does not state (10)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogMaterial subsequent events

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.

In the wire and cable business, copper sales volume increased as advance orders rose amid uncertainty surrounding the situation in the Middle East and underlying demand recovered, while domestic copper prices also increased. The Company also strengthened sales of high-value-added products, reduced and controlled costs, and improved productivity. In the heating wire business, demand for industrial equipment and other products recovered. In the Polymatech business, however, costs for raw materials and auxiliary materials rose, and sales at a Philippine subsidiary declined.

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Summary of Consolidated Financial Results for the First Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP] | MITSUBOSHI CO.,LTD. (5820) timely disclosure | Komori