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Mitsui High-tec, Feb-Oct (Cumulative 3Q) Ordinary Profit Decreases by 20%, Exceeds Full-Year Plan

Thu Dec 11, 2025 3:30 pm JST Earnings

6966 Mitsui High-tec, Inc. 【J-GAAP】

Earnings Report

Mitsui High-tec, Inc. <6966> [TSE Prime] announced its financial results after the market closed on December 11th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending January 2026 (February to October) decreased 20.1% from the same period last year to 10.3 billion yen. However, Progress toward the full-year plan of 10.0 billion yen is 103.6%, already exceeding the target and also exceeding the five-year average of 72.6%.

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit/loss for the November to January period (4Q) is expected to turn into a loss of 0.36 billion yen (compared to a profit of 3.96 billion yen in the same period last year). However, if the fourth-quarter performance remains at the same level as the first three quarters, the full-year plan may be increased.

In the most recent three-month period, from August to October (3Q), the consolidated ordinary profit grew 23.7% from the same period last year, reaching 4.38 billion yen. However, the operating profit margin worsened from 6.7% in the same period last year to 5.3%.

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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
Feb - Oct, 2023 144,078 13,076 16,749 11,765 64.4 77.1 Dec 13, 2023 J-GAAP
Feb - Oct, 2024 158,208 11,465 12,976 9,346 51.2 76.6 Dec 12, 2024 J-GAAP
Feb - Oct, 2025 162,981 9,229 10,363 7,412 40.6 103.6 Dec 11, 2025 J-GAAP
YoY +3.0% -19.5% -20.1% -20.7% -20.7%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Aug - Jan, 2024 110,921 8,167 7,512 5,144 28.2 12 Mar 11, 2025 J-GAAP
Aug - Jan, 2025 Guidance 107,666 4,653 4,022 2,811 15.4 12 Sep 9, 2025 J-GAAP
YoY -2.9% -43.0% -46.5% -45.4% -45.4%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan, 2024 195,881 18,119 21,733 15,545 85.1 14.40 Mar 12, 2024 J-GAAP
Jan, 2025 214,890 16,017 16,943 12,219 66.9 17.60 Mar 11, 2025 J-GAAP
Jan, 2026 Guidance 216,000 11,000 10,000 7,000 38.3 18 Sep 9, 2025 J-GAAP
YoY +0.5% -31.3% -41.0% -42.7% -42.7%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Aug - Oct, 2024 54,239 3,615 3,545 2,271 12.4 6.7 Dec 12, 2024 J-GAAP
Nov - Jan, 2024 56,682 4,552 3,967 2,873 15.7 8.0 Mar 11, 2025 J-GAAP
Feb - Apr, 2025 54,677 3,469 1,480 968 5.3 6.3 Jun 13, 2025 J-GAAP
May - Jul, 2025 53,657 2,878 4,498 3,221 17.6 5.4 Sep 9, 2025 J-GAAP
Aug - Oct, 2025 54,647 2,882 4,385 3,223 17.6 5.3 Dec 11, 2025 J-GAAP
YoY +0.8% -20.3% +23.7% +41.9% +41.9%

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