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Earnings7976MITSUBISHI PENCIL COMPANY,LIMITEDInformation and Communications, Services and Others

Summary of Financial Results for the First Quarter of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated)

In the first quarter of the fiscal year ending December 2026, revenue increased 9.4% year on year and operating profit rose 39.5%, resulting in higher revenue and profit. Ordinary profit increased 51.6%, while net profit attributable to owners of the parent rose 68.8%, with profit growth outpacing revenue growth.

Worth reading
39Recurring
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
39.5
% (year-on-year change in operating profit)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 January 2026–31 March 2026ConsolidatedJapanese GAAP
Net Sales24,710¥ millionYear on year +9.4%Progress 26.3%
Operating profit3,566¥ millionYear on year +39.5%Progress 34.0%
Ordinary income3,549¥ millionYear on year +51.6%Progress 32.3%
Net income attributable to owners of the parent2,464¥ millionYear on year +68.8%Progress 32.0%

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¥45.56
Financial position at period-end
Total assets191,449¥ million
of which net assets 142,242 ¥ millionEquity ratio 73.4%vs. prior year-end -2.3pt

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 revenueWriting instruments and related products business ¥24,056 million (YoY +9.6%), Other Businesses ¥653 million (YoY +2.3%)
Segment profitWriting instruments and related products business ¥3,488 million, Other Businesses ¥69 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥94,000 million (YoY +4.7%)
Operating profit¥10,500 million (YoY +8.3%)
Ordinary income¥11,000 million (YoY +9.7%)
Net income¥7,700 million (YoY +23.5%)
Annual Dividend Forecast¥52 → ¥55(+5.8%)
Factors Behind Changes in Business Performance

In Japan, revenue increased on strong sales of JETSTREAM, uniball ZENTO and LAMY safari KURUTOGA inside. Overseas revenue also increased, with strong sales of uniball ZENTO and JETSTREAM in the United States, as well as a rebound from shipment adjustments in the year-earlier period related to a customer’s credit concerns. Revenue in Europe benefited from the weaker yen, while revenue in Asia increased on JETSTREAM sales in South Korea and sales promotion measures and brand enhancement in China. Proposal activities in the industrial materials business and sales of adhesive tape for food and hygiene products were also strong.

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 No / Excluded No
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥1 million / Extraordinary loss Loss on disposal and sale of non-current assets ¥11 million
Depreciation and amortization¥1,146 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNone (対象者:Not disclosed)
Issued Shares at Period-End60,042,592
Treasury Shares at Period-End5,951,757
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 January 2026–31 March 2026
Net Sales¥24,710 million (YoY +9.4%)
Operating profit¥3,566 million (YoY +39.5%)
Ordinary income¥3,549 million (YoY +51.6%)
Profit attributable to owners of the parent¥2,464 million (YoY +68.8%)
Net income per share¥45.56
Equity ratioEnd of the current fiscal period 73.4 / End of previous period 75.7
Total assets¥191,449 million
Net assets¥142,242 million
Full-year earnings forecastNet Sales ¥94,000 million (YoY +4.7%) / Operating profit ¥10,500 million (YoY +8.3%) / Ordinary income ¥11,000 million (YoY +9.7%) / Net income ¥7,700 million (YoY +23.5%)
Annual Dividend Forecast¥52 → ¥55(+5.8%)
Segment revenueWriting instruments and related products business ¥24,056 million (YoY +9.6%), Other Businesses ¥653 million (YoY +2.3%)
Segment profitWriting instruments and related products business ¥3,488 million, Other Businesses ¥69 million
Depreciation and amortization¥1,146 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥1 million / Extraordinary loss Loss on disposal and sale of non-current assets ¥11 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 No / Excluded No
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNone (対象者:Not disclosed)
Issued Shares at Period-End60,042,592
Treasury Shares at Period-End5,951,757
Factors Behind Changes in Business PerformanceIn Japan, revenue increased on strong sales of JETSTREAM, uniball ZENTO and LAMY safari KURUTOGA inside. Overseas revenue also increased, with strong sales of uniball ZENTO and JETSTREAM in the United States, as well as a rebound from shipment adjustments in the year-earlier period related to a customer’s credit concerns. Revenue in Europe benefited from the weaker yen, while revenue in Asia increased on JETSTREAM sales in South Korea and sales promotion measures and brand enhancement in China. Proposal activities in the industrial materials business and sales of adhesive tape for food and hygiene products were also strong.
Items this document does not state (12)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout 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.

In Japan, sales of JETSTREAM, uniball ZENTO and LAMY safari KURUTOGA inside were strong, while overseas sales also increased in the United States, Europe and Asia. Sales growth was also supported by sales promotion measures and brand enhancement in China, proposal activities in the industrial materials business, and sales of adhesive tape for food and hygiene products.

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Summary of Financial Results for the First Quarter of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated) | MITSUBISHI PENCIL COMPANY,LIMITED (7976) timely disclosure | Komori