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MEC COMPANY, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 11%, Raises Record High Profit Forecast, Dividend Revised Upward by 30 Yen

Tue Nov 11, 2025 3:30 pm JST Earnings

4971 MEC COMPANY LTD. 【J-GAAP】

Earnings Report

MEC COMPANY LTD. <4971> [TSE Prime] announced its financial results after the market closed on November 11th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending December 2025 (January to September) increased 17.9% from the same period last year, reaching 4.36 billion yen.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 10.8%, from the previous forecast of 5.10 billion yen to 5.65 billion yen (compared to 4.68 billion yen in the previous period), increasing the growth rate from 8.9% to 20.7%, further surpassing the previous forecast of record-high profits for two consecutive terms.

Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the July to December period (second half) is expected to increase 21.1%, from the previous forecast of 2.60 billion yen to 3.15 billion yen (compared to 2.04 billion yen in the same period of the previous year), increasing the growth rate from 27.7% to 54.7%.

In light of the strong performance, the company has significantly increased its planned annual dividend for the current fiscal year from the original plan of 55 yen to 85 yen (compared to 45 yen in the previous period).

In the most recent three-month period, from July to September (3Q), the consolidated ordinary profit increased 76.4% from the same period last year, reaching 1.86 billion yen. The operating profit margin rose from 26.8% in the same period last year to 32.3%.

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Actual Results

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Jan - Sep, 2023 9,981 1,671 1,878 1,707 90.4 70.0 Nov 10, 2023 J-GAAP
Jan - Sep, 2024 13,682 3,649 3,700 2,627 140.3 79.0 Nov 11, 2024 J-GAAP
Jan - Sep, 2025 14,987 4,247 4,361 3,329 179.5 77.2 Nov 11, 2025 J-GAAP
YoY +9.5% +16.4% +17.9% +26.7% +27.9%

Guidance Update

Second Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jul - Dec, 2025 Prev 10,613 2,560 2,607 1,707 93.5 30 Aug 8, 2025 J-GAAP
Jul - Dec, 2025 New 10,913 3,060 3,157 2,407 131.8 60 Nov 11, 2025 J-GAAP
Revision Rate +2.8% +19.5% +21.1% +41.0% +41.0%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2025 Prev 20,000 5,000 5,100 3,600 197.1 55 Feb 14, 2025 J-GAAP
Dec, 2025 New 20,300 5,500 5,650 4,300 235.5 85 Nov 11, 2025 J-GAAP
Revision Rate +1.5% +10.0% +10.8% +19.4% +19.4%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jul - Dec, 2024 9,352 2,200 2,041 401 21.4 25 Feb 14, 2025 J-GAAP
Jul - Dec, 2025 Guidance 10,913 3,060 3,157 2,407 131.8 60 Nov 11, 2025 J-GAAP
YoY +16.7% +39.1% +54.7% +500.2% +515.4%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2023 14,020 2,492 2,683 2,304 122.3 45 Feb 14, 2024 J-GAAP
Dec, 2024 18,234 4,562 4,682 2,291 122.4 45 Feb 14, 2025 J-GAAP
Dec, 2025 Guidance 20,300 5,500 5,650 4,300 235.5 85 Nov 11, 2025 J-GAAP
YoY +11.3% +20.6% +20.7% +87.7% +92.4%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 4,800 1,287 1,059 737 39.4 26.8 Nov 11, 2024 J-GAAP
Oct - Dec, 2024 4,552 913 982 -336 -18.0 20.1 Feb 14, 2025 J-GAAP
Jan - Mar, 2025 4,423 1,093 1,059 476 25.4 24.7 May 12, 2025 J-GAAP
Apr - Jun, 2025 4,964 1,347 1,434 1,417 76.0 27.1 Aug 8, 2025 J-GAAP
Jul - Sep, 2025 5,600 1,807 1,868 1,436 77.4 32.3 Nov 11, 2025 J-GAAP
YoY +16.7% +40.4% +76.4% +94.8% +96.7%

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