kabutan

MK SEIKO, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 42%, Dividend Revised Upward by 2 Yen

Tue Jul 29, 2025 3:30 pm JST Earnings

5906 MK SEIKO CO., LTD. 【J-GAAP】

Earnings Report

MK SEIKO CO., LTD. <5906> [TSE Std] announced its financial results after the market closed on July 29th (15:30). The consolidated ordinary profit for the first quarter of the fiscal year ending March 2026 (April to June) significantly dropped 50.1% from the same period last year to 0.38 billion yen.

However, the full-year forecast for consolidated ordinary profit has been revised upward 41.7%, from the previous forecast of 1.20 billion yen to 1.70 billion yen (compared to 2.11 billion yen in the previous period), and the declining rate is expected to decrease from 43.2% to 19.5%.

At the same time, the April to September period (first half) consolidated ordinary profit has been revised upward 80.0%, from the previous forecast of 0.50 billion yen to 0.90 billion yen (compared to 1.52 billion yen in the same period of the previous year), and the declining rate is expected to decrease from 67.1% to 40.9%.

In light of the strong performance, the company has increased its planned year-end lump-sum dividend for the current fiscal year from the original plan of 10 yen to 12 yen (compared to 10 yen in the previous period).

In the most recent three-month period, from April to June (1Q), the operating profit margin significantly dropped from 10.4% in the same period last year to 5.8%.

Kabutan News

Actual Results

Accumulated Results 1st Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Jun, 2023 6,175 272 293 160 11.0 28.0 Jul 28, 2023 J-GAAP
Apr - Jun, 2024 7,040 731 768 515 35.1 50.5 Jul 26, 2024 J-GAAP
Apr - Jun, 2025 6,134 357 383 237 16.5 42.6 Jul 29, 2025 J-GAAP
YoY -12.9% -51.2% -50.1% -54.0% -53.2%

Guidance Update

First Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2025 Prev 13,000 500 500 300 21.5 0 Apr 25, 2025 J-GAAP
Apr - Sep, 2025 New 13,700 900 900 900 64.6 0 Jul 29, 2025 J-GAAP
Revision Rate +5.4% +80.0% +80.0% +200.0% +200.0%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 27,500 1,200 1,200 700 50.3 10 Apr 25, 2025 J-GAAP
Mar, 2026 New 27,800 1,700 1,700 1,350 96.9 12 Jul 29, 2025 J-GAAP
Revision Rate +1.1% +41.7% +41.7% +92.9% +92.8%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2024 14,830 1,513 1,522 1,009 67.3 0 Oct 25, 2024 J-GAAP
Apr - Sep, 2025 Guidance 13,700 900 900 900 64.6 0 Jul 29, 2025 J-GAAP
YoY -7.6% -40.5% -40.9% -10.8% -3.9%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 28,474 2,127 2,253 713 48.7 8 Apr 26, 2024 J-GAAP
Mar, 2025 28,268 1,993 2,111 1,334 90.8 10 Apr 25, 2025 J-GAAP
Mar, 2026 Guidance 27,800 1,700 1,700 1,350 96.9 12 Jul 29, 2025 J-GAAP
YoY -1.7% -14.7% -19.5% +1.2% +6.8%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Apr - Jun, 2024 7,040 731 768 515 35.1 10.4 Jul 26, 2024 J-GAAP
Jul - Sep, 2024 7,790 782 754 494 32.9 10.0 Oct 25, 2024 J-GAAP
Oct - Dec, 2024 8,124 757 828 570 38.8 9.3 Jan 30, 2025 J-GAAP
Jan - Mar, 2025 5,314 -277 -239 -245 -16.7 -5.2 Apr 25, 2025 J-GAAP
Apr - Jun, 2025 6,134 357 383 237 16.5 5.8 Jul 29, 2025 J-GAAP
YoY -12.9% -51.2% -50.1% -54.0% -53.2%

Related Articles