Mitsui High-tec,Inc. reported interim revenue of ¥130.7 billion and operating profit of ¥11.8 billion in its second-quarter results, and raised its full-year operating profit forecast to ¥19.5 billion. On 9/10, immediately after the earnings announcement, the share price rebounded to ¥940, up 4.56% from the previous day.
Mitsui High-tec,Inc. released its results for the interim period of the fiscal year ending January 2027, reporting interim revenue of ¥130.7 billion and interim operating profit of ¥11.8 billion. It accordingly raised its full-year operating profit forecast to ¥19.5 billion. Profit growth was substantial year on year, indicating an expansion in business performance.
On 10 September, after the earnings announcement, the share price rebounded to ¥940, up 4.56% from the previous day, while trading volume surged to approximately 20.4 million shares. Immediately after the announcement, the market appeared to be absorbing the news.
According to the summary of the earnings report, revenue increased year on year, operating profit also rose sharply, and interim net profit increased substantially. The higher full-year forecast was attributed to growing demand for electrical and electronic components and the effect of the weaker yen, with further revenue and profit growth expected.
Over the past 12 quarters, net profit margin, EPS and ROE have shown a declining trend year on year, while the equity ratio has declined slightly and interest-bearing debt has been trending upward. Growth remains an acknowledged challenge, and risk factors cited include regional differences in BEV demand and fluctuations in raw material prices.