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MKSystem, First Half Ordinary Profit Turns to Profit

Thu Nov 6, 2025 3:30 pm JST Earnings

3910 MKSystem Corporation 【J-GAAP】

Earnings Report

MKSystem Corporation <3910> [TSE Std] announced its financial results after the market closed on November 6th (15:30). The consolidated ordinary profit/loss for the cumulative second quarter of the fiscal year ending March 2026 (April to September) turned into a profit of 5 million yen (compared to a loss of 133 million yen in the same period last year). However, Progress toward the full-year plan of 140 million yen was 3.6%, also falling below the five-year average of 21.5%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to expand 45.2% from the same period last year, reaching 135 million yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit/loss turned to a profit of 37 million yen (compared to a loss of 62 million yen in the same period last year). The operating profit/loss margin drastically improved from -6.5% in the same period last year to 4.6%.

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Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Sep, 2023 1,117 -342 -345 -595 -109.7 Nov 6, 2023 J-GAAP
Apr - Sep, 2024 1,506 -125 -133 -134 -24.8 Nov 6, 2024 J-GAAP
Apr - Sep, 2025 1,531 2 5 -10 -1.9 3.6 Nov 6, 2025 J-GAAP
YoY +1.7% +92.5% +92.5%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2025 Guidance 0 May 7, 2025 J-GAAP
Apr - Sep, 2025 Results 1,531 2 5 -10 -1.9 0 Nov 6, 2025 J-GAAP
Revision Rate

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 1,784 102 93 16 3.0 4 May 7, 2025 J-GAAP
Oct - Mar, 2025 Guidance 1,669 148 135 107 19.7 8 Nov 6, 2025 J-GAAP
YoY -6.4% +45.1% +45.2% +568.8% +565.9%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 2,639 -348 -345 -668 -123.2 4 May 7, 2024 J-GAAP
Mar, 2025 3,290 -23 -40 -118 -21.9 4 May 7, 2025 J-GAAP
Mar, 2026 Guidance 3,200 150 140 97 17.9 8 May 7, 2025 J-GAAP
YoY -2.7%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 827 -54 -62 -60 -11.1 -6.5 Nov 6, 2024 J-GAAP
Oct - Dec, 2024 748 -18 -20 -62 -11.4 -2.4 Feb 4, 2025 J-GAAP
Jan - Mar, 2025 1,036 120 113 78 14.4 11.6 May 7, 2025 J-GAAP
Apr - Jun, 2025 735 -35 -32 -35 -6.6 -4.8 Aug 5, 2025 J-GAAP
Jul - Sep, 2025 796 37 37 25 4.6 4.6 Nov 6, 2025 J-GAAP
YoY -3.7%

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