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MIDAC HOLDINGS, First Half Ordinary Profit Increases by 6%
6564 MIDAC HOLDINGS CO.,LTD. 【J-GAAP】
Earnings ReportMIDAC HOLDINGS CO.,LTD. <6564> [TSE Prime] announced its financial results after the market closed on November 14th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) increased 6.2% from the same period last year, reaching 1.97 billion yen. However, Progress toward the full-year plan of 4.70 billion yen was 42.0%, also falling below the five-year average of 45.4%.
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 grow 5.2% from the same period last year, reaching 2.72 billion yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit grew 19.6% from the same period last year, reaching 0.85 billion yen. The operating profit margin rose from 30.2% in the same period last year to 31.0%.
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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 | 4,194 | 1,355 | 1,322 | 753 | 27.3 | 39.1 | Nov 14, 2023 | J-GAAP |
| Apr - Sep, 2024 | 5,147 | 1,911 | 1,859 | 1,179 | 42.7 | 41.8 | Nov 14, 2024 | J-GAAP |
| Apr - Sep, 2025 | 5,397 | 1,987 | 1,975 | 1,202 | 43.5 | 42.0 | Nov 14, 2025 | J-GAAP |
| YoY | +4.9% | +4.0% | +6.2% | +2.0% | +1.9% |
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 | 5,547 | 2,020 | 1,974 | 1,188 | 42.9 | 0 | May 15, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 5,397 | 1,987 | 1,975 | 1,202 | 43.5 | 0 | Nov 14, 2025 | J-GAAP |
| Revision Rate | -2.7% | -1.6% | +0.1% | +1.2% | +1.3% |
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 | 5,758 | 2,623 | 2,591 | 1,683 | 60.9 | 14 | May 15, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 6,220 | 2,805 | 2,725 | 1,728 | 62.4 | 18 | Nov 14, 2025 | J-GAAP |
| YoY | +8.0% | +6.9% | +5.2% | +2.7% | +2.6% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 9,547 | 3,538 | 3,377 | 1,907 | 69.0 | 8 | May 15, 2024 | J-GAAP |
| Mar, 2025 | 10,905 | 4,534 | 4,450 | 2,862 | 103.5 | 14 | May 15, 2025 | J-GAAP |
| Mar, 2026 Guidance | 11,617 | 4,792 | 4,700 | 2,930 | 105.9 | 18 | May 15, 2025 | J-GAAP |
| YoY | +6.5% | +5.7% | +5.6% | +2.4% | +2.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 2,478 | 749 | 718 | 455 | 16.5 | 30.2 | Nov 14, 2024 | J-GAAP |
| Oct - Dec, 2024 | 2,936 | 1,371 | 1,347 | 861 | 31.1 | 46.7 | Feb 14, 2025 | J-GAAP |
| Jan - Mar, 2025 | 2,822 | 1,252 | 1,244 | 822 | 29.7 | 44.4 | May 15, 2025 | J-GAAP |
| Apr - Jun, 2025 | 2,704 | 1,151 | 1,116 | 697 | 25.2 | 42.6 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 2,693 | 836 | 859 | 505 | 18.3 | 31.0 | Nov 14, 2025 | J-GAAP |
| YoY | +8.7% | +11.6% | +19.6% | +11.0% | +11.0% |
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