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Presentation materials for financial results6564MIDAC HOLDINGS CO.,LTD.Information and Communications, Services and Others

Presentation Materials for the Fiscal Year Ending March 2026 Results

For the fiscal year ended March 2026, revenue and operating profit increased, driven by factors including higher volumes of waste accepted for final disposal. However, operating profit and net income were slightly below the full-year forecasts. For the fiscal year ending March 2027, the company expects higher revenue, higher profit and an increase in the dividend, led by final disposal sites and water treatment facilities.

Worth reading
51Recurring
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
13.9
% (forecast year-on-year change in revenue for the fiscal year ending March 2027)
Wording
Conditional
How definitive the wording is.

Contents of this document

Presentation materials for financial resultsFiscal year ending March 202612 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥11,844 million+8.6%
Operating profit¥4,723 million+4.2%
Ordinary income¥4,649 million+4.5%
Net income¥2,888 million+0.9%
Selling, general and administrative expenses¥2,676 million
Gross Profit Margin
Rate62.5%
Operating profit margin
Rate39.9%
Year on year against the same period last year-1.7 percentage points
Full-year earnings forecast
Fiscal Period CoveredFiscal year ending March 2027
Net Sales
¥13,494 million
Cost of sales
¥5,362 million
Gross profit
¥8,132 million
Selling, general and administrative expenses
¥2,643 million
Operating profit
¥5,489 million
Ordinary income
¥5,268 million
Profit before income taxes for the period
¥5,268 million
Net income for the current fiscal year
¥3,340 million
Progress against full-year forecast　通期の予想に対して、いまどこまで進んだかの割合です。
Net Sales102.0% (versus forecast)
Cost of sales103.9% (versus forecast)
Gross profit100.8% (versus forecast)
Selling, general and administrative expenses105.1% (versus forecast)
Operating profit98.6% (versus forecast)
Ordinary income98.9% (versus forecast)
Net income for the current fiscal year98.5% (versus forecast)
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Revenue and each profit measure are broadly in line with forecasts
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Net Sales
Water treatment¥-11 million
Incineration treatment¥81 million
Final disposal¥928 million
Other waste disposal¥75 million
Collection and transportation¥17 million
Brokerage and management¥25 million
Other¥-153 million
Adjustments¥-23 million
Operating profit
Water treatment¥-22 million
Incineration treatment¥135 million
Final disposal¥193 million
Other waste disposal¥61 million
Collection and transportation¥32 million
Brokerage and management¥20 million
Other¥-134 million
Adjustments¥-98 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
In terms of volumes, the company aims to increase the volume of waste accepted, primarily at 奥山の杜クリーンセンター and 大平興産. It also aims to expand sales channels and improve operating rates, primarily at 都田テクノプラント. Numerical assumptions for foreign exchange rates, raw material prices and interest rates are not disclosed.
New initiatives
  • Making 有限会社エノケン工業 a subsidiary through the acquisition of all shares
  • Opening 都田テクノプラント
  • Developing landfill CCS technology with Waseda University
  • Collaborating with アルヌール on CCU through microalgae cultivation
  • Plan to obtain permits for 3 controlled landfill sites, including sites in eastern Japan
Key KPIsA metric the company considers important as a management benchmark.
  • EBITDA¥5,901 million
    Year on year against the same period last year+7.0%
  • ROE17.3 %
    Year on year against the same period last year-3.0%
  • Revenue mix of the waste disposal business82 %
  • Revenue mix of the collection and transportation business17 %
  • Revenue mix of the brokerage and management business1 %
Segment results
Waste Disposal Business
Net Sales¥9,975 million
Profit¥5,321 million
Waste Collection and Transportation
Net Sales¥2,040 million
Profit¥561 million
Intermediation and Management Business
Net Sales¥184 million
Profit¥111 million
Medium-term management plan targets
Final year of the First Medium-Term Management PlanFiscal year ending March 2027
Net Sales¥10,000 million excluding profit margins
Ordinary income¥5,000 million excluding profit margins
Ordinary income margin50.0%
Comparison with actual resultsRevenue for the fiscal year ended March 2026 was ¥10,433 million, and ordinary profit was ¥4,568 million
Market Size / Share
¥4,831.5 billion (2023)
Stable landfill share in Shizuoka PrefectureRoom for improvement (figure not disclosed)
Industrial waste generation shareKanto: 26.1%
Number of employees
Number of Employees427 People
As ofEnd of March 2026
Capital expenditures
¥7,857 million forecast for the fiscal year ending March 2027
Annual Dividend
Fiscal year ending March 2026
Annual¥18
Forecast for the fiscal year ending March 2027
Annual¥20
Payout ratio
Fiscal year ending March 202513.5%
Fiscal year ending March 202617.2%
Forecast for the fiscal year ending March 202716.6%
Contents of this document
ItemDetails
Document typePresentation materials for financial results
Fiscal Period CoveredFiscal year ending March 2026
Net Sales¥11,844 million (YoY +8.6%)
Operating profit¥4,723 million (YoY +4.2%)
Ordinary income¥4,649 million (YoY +4.5%)
Net income¥2,888 million (YoY +0.9%)
Gross Profit MarginRate 62.5% / Year on year against the same period last year Not disclosed
Operating profit marginRate 39.9% / Year on year against the same period last year -1.7 percentage points
Selling, general and administrative expenses¥2,676 million
Full-year earnings forecastFiscal Period Covered Fiscal year ending March 2027 / Net Sales ¥13,494 million / Cost of sales ¥5,362 million / Gross profit ¥8,132 million / Selling, general and administrative expenses ¥2,643 million / Operating profit ¥5,489 million / Ordinary income ¥5,268 million / Profit before income taxes for the period ¥5,268 million / Net income for the current fiscal year ¥3,340 million
Progress against full-year forecastNet Sales 102.0% (versus forecast) / Cost of sales 103.9% (versus forecast) / Gross profit 100.8% (versus forecast) / Selling, general and administrative expenses 105.1% (versus forecast) / Operating profit 98.6% (versus forecast) / Ordinary income 98.9% (versus forecast) / Net income for the current fiscal year 98.5% (versus forecast)
Self-assessment against the planRevenue and each profit measure are broadly in line with forecasts
Segment resultsWaste Disposal Business Net Sales ¥9,975 million / Profit ¥5,321 million / Waste Collection and Transportation Net Sales ¥2,040 million / Profit ¥561 million / Intermediation and Management Business Net Sales ¥184 million / Profit ¥111 million
Breakdown of Factors Affecting the ChangeNet Sales Water treatment ¥-11 million / Incineration treatment ¥81 million / Final disposal ¥928 million / Other waste disposal ¥75 million / Collection and transportation ¥17 million / Brokerage and management ¥25 million / Other ¥-153 million / Adjustments ¥-23 million / Operating profit Water treatment ¥-22 million / Incineration treatment ¥135 million / Final disposal ¥193 million / Other waste disposal ¥61 million / Collection and transportation ¥32 million / Brokerage and management ¥20 million / Other ¥-134 million / Adjustments ¥-98 million
Key KPIsIndicator name EBITDA / Value ¥5,901 million / Year on year against the same period last year ¥7 million, Indicator name ROE / Value 17.3 % / Year on year against the same period last year -3 %, Indicator name Revenue mix of the waste disposal business / Value 82 % / Year on year against the same period last year Not disclosed, Indicator name Revenue mix of the collection and transportation business / Value 17 % / Year on year against the same period last year Not disclosed, Indicator name Revenue mix of the brokerage and management business / Value 1 % / Year on year against the same period last year Not disclosed
Number of employeesNumber of Employees 427 People / As of End of March 2026 / Change during the period Not disclosed
Assumptions Underlying the Business OutlookIn terms of volumes, the company aims to increase the volume of waste accepted, primarily at 奥山の杜クリーンセンター and 大平興産. It also aims to expand sales channels and improve operating rates, primarily at 都田テクノプラント. Numerical assumptions for foreign exchange rates, raw material prices and interest rates are not disclosed.
Medium-term management plan targetsFinal year of the First Medium-Term Management Plan Fiscal year ending March 2027 / Net Sales ¥10,000 million (excluding profit margins) / Ordinary income ¥5,000 million (excluding profit margins) / Ordinary income margin 50.0% / Comparison with actual results Revenue for the fiscal year ended March 2026 was ¥10,433 million, and ordinary profit was ¥4,568 million
Annual DividendFiscal year ending March 2026 Annual ¥18 / Forecast for the fiscal year ending March 2027 Annual ¥20 / Interim and Year-End Breakdown Not disclosed
Payout ratioFiscal year ending March 2025 13.5% / Fiscal year ending March 2026 17.2% / Forecast for the fiscal year ending March 2027 16.6%
Capital expenditures¥7,857 million (forecast for the fiscal year ending March 2027)
Market Size / ShareMarket Size ¥4,831.5 billion (2023) / Stable landfill share in Shizuoka Prefecture Room for improvement (figure not disclosed) / Industrial waste generation share Kanto: 26.1%
New initiativesMaking 有限会社エノケン工業 a subsidiary through the acquisition of all shares, Opening 都田テクノプラント, Developing landfill CCS technology with Waseda University, Collaborating with アルヌール on CCU through microalgae cultivation, Plan to obtain permits for 3 controlled landfill sites, including sites in eastern Japan
Items this document does not state (8)
Results for the three months of the current quarterUnit price and quantity metricsNumber of stores and locationsRisk amount incorporated into the outlookFinancial 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.

For the fiscal year ended March 2026, results were supported by higher volumes of waste accepted at final disposal sites, a review of scheduled maintenance for incineration treatment, price pass-through and spot projects in collection and transportation, and the acquisition of large projects in brokerage and management. Profit was held back by delivery restrictions at 大平興産, costs that had not been included in the forecast, and a decline following the previous year's increase in surplus-soil disposal operations at 遠州砕石. For the fiscal year ending March 2027, the company expects higher accepted volumes, primarily at 奥山の杜クリーンセンター and 大平興産, and improved operating rates at 都田テクノプラント.

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Presentation Materials for the Fiscal Year Ending March 2026 Results | MIDAC HOLDINGS CO.,LTD. (6564) timely disclosure | Komori