kabutan

MOLITEC STEEL, Net Income Forecast for the Fiscal Year Revised Upward to an Unexpected 9% Increase

Tue Feb 10, 2026 2:00 pm JST Earnings

5986 MOLITEC STEEL CO.,LTD. 【J-GAAP】

Earnings Report

MOLITEC STEEL CO.,LTD. <5986> [TSE Std] announced its financial results in the afternoon session on February 10th (14:00). The consolidated net income for the cumulative third quarter of the fiscal year ending March 2026 (April to December) surged 3.7 times that of the same period last year, reaching 352 million yen.

In addition, the full-year forecast for consolidated net income has been revised upward 12.5%, from the previous forecast of 320 million yen to 360 million yen (compared to 329 million yen in the previous period), turning to a 9.4% increase in the consolidated net income outlook.

Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated net income for the October to March period (second half) has been revised upward 20.0%, from the previous forecast of 200 million yen to 240 million yen (compared to 242 million yen in the same period of the previous year), and the declining rate is expected to decrease from 17.4% to 0.8%.

In the most recent three-month period, from October to December (3Q), the consolidated net income surged 29 times that of the same period last year, reaching 232 million yen. The operating profit margin improved from 1.0% in the same period last year to 1.9%.

Kabutan News

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
Apr - Dec, 2023 37,831 24 140 39 1.8 31.7 Feb 9, 2024 J-GAAP
Apr - Dec, 2024 37,775 187 131 95 4.3 40.7 Feb 13, 2025 J-GAAP
Apr - Dec, 2025 36,042 249 428 352 15.7 91.1 Feb 10, 2026 J-GAAP
YoY -4.6% +33.2% +226.7% +270.5% +267.5%

Guidance Update

Second Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2025 Prev 22,885 303 340 200 8.9 4 Nov 13, 2025 J-GAAP
Oct - Mar, 2025 New 22,885 303 340 240 10.7 4 Feb 10, 2026 J-GAAP
Revision Rate 0.0% 0.0% 0.0% +20.0% +19.9%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 47,000 330 470 320 14.3 4 Nov 13, 2025 J-GAAP
Mar, 2026 New 47,000 330 470 360 16.1 4 Feb 10, 2026 J-GAAP
Revision Rate 0.0% 0.0% 0.0% +12.5% +12.5%

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 25,431 339 268 242 10.8 4 May 14, 2025 J-GAAP
Oct - Mar, 2025 Guidance 22,885 303 340 240 10.7 4 Feb 10, 2026 J-GAAP
YoY -10.0% -10.6% +26.9% -0.8% -0.9%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 50,774 260 441 312 13.9 4 May 13, 2024 J-GAAP
Mar, 2025 50,498 396 322 329 14.7 4 May 14, 2025 J-GAAP
Mar, 2026 Guidance 47,000 330 470 360 16.1 4 Feb 10, 2026 J-GAAP
YoY -6.9% -16.7% +46.0% +9.4% +9.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2024 12,708 130 77 8 0.4 1.0 Feb 13, 2025 J-GAAP
Jan - Mar, 2025 12,723 209 191 234 10.5 1.6 May 14, 2025 J-GAAP
Apr - Jun, 2025 12,137 36 65 55 2.5 0.3 Aug 8, 2025 J-GAAP
Jul - Sep, 2025 11,978 -9 65 65 2.9 -0.1 Nov 13, 2025 J-GAAP
Oct - Dec, 2025 11,927 222 298 232 10.4 1.9 Feb 10, 2026 J-GAAP
YoY -6.1% +70.8% +287.0% +2,800.0% +2,780.6%

Related Articles