Komori
Earnings7931MIRAI INDUSTRY CO.,LTD.Materials and Chemicals

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

In the first quarter, net sales increased 9.3% year on year and operating profit rose 31.5%, with net sales and all profit measures reaching record highs. Meanwhile, the full-year operating profit forecast was revised down to a 7.3% decrease from the previous fiscal year, and the annual dividend forecast was reduced to ¥135 from the previous fiscal year's actual dividend of ¥145.

Worth reading
53Recurring
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
31.5
%
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter21 June 2026 to 20 June 2026ConsolidatedJapanese GAAP
Net Sales12,764¥ millionYear on year +9.3%Progress 26.3%
Operating profit1,945¥ millionYear on year +31.5%Progress 31.2%
Ordinary income2,006¥ millionYear on year +32.6%Progress 31.4%
Net income attributable to owners of the parent1,379¥ millionYear on year +33.5%Progress 31.8%

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¥85.31
Financial position at period-end
Total assets69,325¥ million
of which net assets 56,187 ¥ millionEquity ratio 79.8%vs. prior year-end -0.9pt

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
Electrical and piping materials9,88377.4%+9.6%
Wiring devices2,14816.8%+12.9%
Other7325.7%-2.9%
Segment profit
Electrical and piping materials1,74681.4%+34.2%
Wiring devices23410.9%+18.1%
Other1667.7%+0.9%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥48,530 million (YoY +6.3%)
Operating profit¥6,232 million (YoY -7.3%)
Ordinary income¥6,398 million (YoY -7.3%)
Net income¥4,342 million (YoY -7.5%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥48,530 million / Operating profit Not disclosed → ¥6,232 million / Ordinary income Not disclosed → ¥6,398 million / Net income Not disclosed → ¥4,342 million
Annual Dividend Forecast¥145 → ¥135(-6.9%)
Shareholder Return PolicyDividends will be paid based on the higher of a 50% payout ratio or a 3% dividend-on-equity ratio.
Factors Behind Changes in Business Performance

Price revisions for certain products, stronger demand for self-defense-related products amid heightened risks in the Middle East, and the effect of higher sales, among other factors. Freight, depreciation and other costs increased, as did raw material unit prices.

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 / Excluded 0 / Company name None
Depreciation and amortization¥600 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNone (対象者:Not disclosed)
Issued Shares at Period-End25,607,086 Shares
Treasury Shares at Period-End9,433,331 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered21 June 2026 to 20 June 2026
Net Sales¥12,764 million (YoY +9.3%)
Operating profit¥1,945 million (YoY +31.5%)
Ordinary income¥2,006 million (YoY +32.6%)
Profit attributable to owners of the parent¥1,379 million (YoY +33.5%)
Net income per share¥85.31
Equity ratioEnd of the current fiscal period 79.8 / End of previous period 80.7
Total assets¥69,325 million
Net assets¥56,187 million
Full-year earnings forecastNet Sales ¥48,530 million (YoY +6.3%) / Operating profit ¥6,232 million (YoY -7.3%) / Ordinary income ¥6,398 million (YoY -7.3%) / Net income ¥4,342 million (YoY -7.5%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥48,530 million / Operating profit Not disclosed → ¥6,232 million / Ordinary income Not disclosed → ¥6,398 million / Net income Not disclosed → ¥4,342 million
Annual Dividend Forecast¥145 → ¥135(-6.9%)
Shareholder Return PolicyDividends will be paid based on the higher of a 50% payout ratio or a 3% dividend-on-equity ratio.
Segment revenueElectrical and piping materials ¥9,883 million (YoY +9.6%) / Wiring devices ¥2,148 million (YoY +12.9%) / Other ¥732 million (YoY -2.9%)
Segment profitElectrical and piping materials ¥1,746 million (YoY +34.2%) / Wiring devices ¥234 million (YoY +18.1%) / Other ¥166 million (YoY +0.9%)
Depreciation and amortization¥600 million
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 / Excluded 0 / Company name None
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNone (対象者:Not disclosed)
Issued Shares at Period-End25,607,086 Shares
Treasury Shares at Period-End9,433,331 Shares
Factors Behind Changes in Business PerformancePrice revisions for certain products, stronger demand for self-defense-related products amid heightened risks in the Middle East, and the effect of higher sales, among other factors. Freight, depreciation and other costs increased, as did raw material unit prices.
Items this document does not state (11)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioRegional salesOrders received and order backlogImpairment lossBreakdown of extraordinary income (loss)Material 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.

Net sales increased due to price revisions for certain products and stronger demand for self-defense-related products amid heightened risks in the Middle East. Although freight, depreciation and other costs increased, profit rose on the effect of higher sales and other factors. The forecast for full-year operating profit was reduced because further cost increases, particularly in raw materials and logistics, are expected from the second quarter onward.

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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.
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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 Financial Results for the First Quarter of the Fiscal Year Ending March 2027 (Japanese GAAP) (Consolidated) | MIRAI INDUSTRY CO.,LTD. (7931) timely disclosure | Komori