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Moriya Transportation Engineering, Jul-Sep (2Q) Ordinary Profit Increases by 39%
6226 Moriya Transportation Engineering and Manufacturing Co.,Ltd. 【J-GAAP】
Earnings ReportMoriya Transportation Engineering and Manufacturing Co.,Ltd. <6226> [TSE Std] announced its financial results in the afternoon session on November 12th (15:00). The ordinary profit (non-consolidated) for the cumulative second quarter of the fiscal year ending March 2026 (April to September) expanded 2.60 billion yen, an increase 43.3% compared to the same period last year. Progress toward the full-year plan of 5.27 billion yen was 49.4%, exceeding the five-year average of 36.8%.
Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the October to March period (second half) is expected to grow 12.0% from the same period last year, reaching 2.66 billion yen.
In the most recent three-month period, from July to September (2Q), the ordinary profit increased 39.0% from the same period last year, reaching 1.32 billion yen. The operating profit margin rose from 19.5% in the same period last year to 23.2%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2023 | 8,230 | 1,092 | 1,112 | 722 | 41.5 | 42.3 | Nov 10, 2023 | J-GAAP |
| Apr - Sep, 2024 | 9,125 | 1,745 | 1,818 | 1,227 | 70.1 | 43.3 | Nov 11, 2024 | J-GAAP |
| Apr - Sep, 2025 | 10,777 | 2,568 | 2,605 | 1,771 | 100.7 | 49.4 | Nov 12, 2025 | J-GAAP |
| YoY | +18.1% | +47.2% | +43.3% | +44.3% | +43.7% |
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 | 10,777 | 2,568 | 2,605 | 1,771 | 100.5 | 20 | Nov 7, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 10,777 | 2,568 | 2,605 | 1,771 | 100.7 | 20 | Nov 12, 2025 | J-GAAP |
| Revision Rate | 0.0% | 0.0% | 0.0% | 0.0% | +0.2% |
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 | 10,310 | 2,347 | 2,380 | 1,613 | 92.1 | 28 | May 12, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 12,973 | 2,632 | 2,665 | 1,809 | 102.6 | 31 | Nov 7, 2025 | J-GAAP |
| YoY | +25.8% | +12.1% | +12.0% | +12.2% | +11.4% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 17,527 | 2,593 | 2,629 | 1,718 | 98.4 | 20 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 19,435 | 4,092 | 4,198 | 2,840 | 162.1 | 38 | May 12, 2025 | J-GAAP |
| Mar, 2026 Guidance | 23,750 | 5,200 | 5,270 | 3,580 | 203.1 | 51 | Nov 7, 2025 | J-GAAP |
| YoY | +22.2% | +27.1% | +25.5% | +26.1% | +25.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 4,692 | 916 | 956 | 645 | 36.8 | 19.5 | Nov 11, 2024 | J-GAAP |
| Oct - Dec, 2024 | 4,789 | 952 | 964 | 650 | 37.1 | 19.9 | Feb 12, 2025 | J-GAAP |
| Jan - Mar, 2025 | 5,521 | 1,395 | 1,416 | 963 | 55.0 | 25.3 | May 12, 2025 | J-GAAP |
| Apr - Jun, 2025 | 5,108 | 1,252 | 1,276 | 868 | 49.4 | 24.5 | Aug 7, 2025 | J-GAAP |
| Jul - Sep, 2025 | 5,669 | 1,316 | 1,329 | 903 | 51.3 | 23.2 | Nov 12, 2025 | J-GAAP |
| YoY | +20.8% | +43.7% | +39.0% | +40.0% | +39.4% |
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