Komori
Earnings7931MIRAI INDUSTRY CO.,LTD.Materials and Chemicals

Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

For the interim period of the fiscal year ending March 2027, revenue increased 8.3% year on year and operating profit increased 20.0%, with revenue and each profit measure reaching record highs. Based on the interim results and recent trends, the full-year earnings forecast was revised.

Worth reading
45Recurring
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
20
% (year-on-year change in operating profit)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)21 March 2026–20 September 2026ConsolidatedJapanese GAAP
Net Sales24,861Millions of yenYear on year +8.3%Progress 50.8%
Operating profit3,792Millions of yenYear on year +20.0%Progress 54.7%
Ordinary income3,925Millions of yenYear on year +20.7%Progress 55.1%
Net income attributable to owners of the parent2,646Millions of yenYear on year +20.5%Progress 55.6%

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¥163.63
Financial position at period-end
Total assets70,976Millions of yen
of which net assets 57,615 Millions of yenEquity ratio 80.0%vs. prior year-end -0.7pt

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.

Cash inflows and outflows
Operating+2,447
Investment-1,605
Financials-1,450
Net change-608

Stacked from zero: upward is an increase in cash, downward a decrease (in Millions of yen).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.

Cash and cash equivalents at end of period19,102 Millions of yen
Segment revenueElectrical and piping materials 19,033 Millions of yen (YoY +8.4%), Wiring devices 4,325 Millions of yen (YoY +11.6%), Other 1,501 Millions of yen (YoY -0.6%)
Segment profitElectrical and piping materials 3,493 Millions of yen (YoY +24.9%), Wiring devices 430 Millions of yen (YoY +7.9%), Other 310 Millions of yen (YoY -17.9%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales48,984 Millions of yen (YoY +7.2%)
Operating profit6,927 Millions of yen (YoY +3.0%)
Ordinary income7,125 Millions of yen (YoY +3.3%)
Net income4,755 Millions of yen (YoY +1.2%)
Revision to Earnings ForecastNot disclosed → Net Sales 48,984 Millions of yen / Operating profit 6,927 Millions of yen / Ordinary income 7,125 Millions of yen / Net income 4,755 Millions of yen
Annual Dividend Forecast¥145 (change rate: %) → ¥135 (change rate: %)(-6.9%)
Factors Behind Changes in Business Performance

Revenue increased due to substitute demand arising from advance procurement of certain products and supply constraints, as well as the increasing penetration of price revisions for certain products. Although raw material unit prices and subcontracted processing costs rose, profit increased as a result of the benefit of higher revenue.

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
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Losses from natural disasters 31 Millions of yen
Depreciation and amortization1,247 Millions of yen
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (the participants are not specified)
Issued Shares at Period-End25,607,086 shares
Treasury Shares at Period-End9,420,331 shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered21 March 2026–20 September 2026
Net Sales24,861 Millions of yen (YoY +8.3%)
Operating profit3,792 Millions of yen (YoY +20.0%)
Ordinary income3,925 Millions of yen (YoY +20.7%)
Profit attributable to owners of the parent2,646 Millions of yen (YoY +20.5%)
Net income per share¥163.63
Equity ratioEnd of the current fiscal period 80.0% / End of previous period 80.7%
Total assets70,976 Millions of yen
Net assets57,615 Millions of yen
Cash flows from operating activities2,447 Millions of yen
Cash flows from investing activities-1,605 Millions of yen
Cash flows from financing activities-1,450 Millions of yen
Cash and cash equivalents at end of period19,102 Millions of yen
Full-year earnings forecastNet Sales 48,984 Millions of yen (YoY +7.2%) / Operating profit 6,927 Millions of yen (YoY +3.0%) / Ordinary income 7,125 Millions of yen (YoY +3.3%) / Net income 4,755 Millions of yen (YoY +1.2%)
Revision to Earnings ForecastNot disclosed → Net Sales 48,984 Millions of yen / Operating profit 6,927 Millions of yen / Ordinary income 7,125 Millions of yen / Net income 4,755 Millions of yen
Annual Dividend Forecast¥145 (change rate: %) → ¥135 (change rate: %)(-6.9%)
Segment revenueElectrical and piping materials 19,033 Millions of yen (YoY +8.4%), Wiring devices 4,325 Millions of yen (YoY +11.6%), Other 1,501 Millions of yen (YoY -0.6%)
Segment profitElectrical and piping materials 3,493 Millions of yen (YoY +24.9%), Wiring devices 430 Millions of yen (YoY +7.9%), Other 310 Millions of yen (YoY -17.9%)
Depreciation and amortization1,247 Millions of yen
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Losses from natural disasters 31 Millions of yen
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 BriefingYes (the participants are not specified)
Issued Shares at Period-End25,607,086 shares
Treasury Shares at Period-End9,420,331 shares
Factors Behind Changes in Business PerformanceRevenue increased due to substitute demand arising from advance procurement of certain products and supply constraints, as well as the increasing penetration of price revisions for certain products. Although raw material unit prices and subcontracted processing costs rose, profit increased as a result of the benefit of higher revenue.
Items this document does not state (7)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment lossMaterial 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.

Revenue increased due to advance procurement of certain products in response to the situation in the Middle East, substitute demand arising from supply constraints, and the increasing penetration of price revisions for certain products. Although raw material unit prices and subcontracted processing costs rose, profit increased as a result of the benefit of higher revenue. The full-year forecast was revised based on the interim results and recent business trends.

How to read this page

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.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | MIRAI INDUSTRY CO.,LTD. (7931) timely disclosure | Komori