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Mitsuuroko Group, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 69%, Current Fiscal Year Dividend Revised Upward by 10 Yen
8131 Mitsuuroko Group Holdings Co.,Ltd. 【J-GAAP】
Earnings ReportMitsuuroko Group Holdings Co.,Ltd. <8131> [TSE Std] announced its financial results after the market closed on February 10th (16:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) expanded 9.13 billion yen, an increase 69.1% compared to the same period last year. Progress toward the full-year plan of 12.5 billion yen was 73.1%, exceeding the five-year average of 70.9%.
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 for the January to March period (4Q) is expected to decrease 26.9% from the same period last year to 3.36 billion yen.
At the same time, the company has increased its planned year-end lump-sum dividend for the current fiscal year from the original plan of 56 yen to 66 yen (compared to 56 yen in the previous period).
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 2.78 billion yen, a 9.5% decrease compared to the same period last year. The operating profit margin remained almost flat, changing from 3.3% in the same period last year to 3.1%.
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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 - Dec, 2023 | 221,877 | 8,841 | 9,687 | 6,717 | 113.2 | 72.8 | Feb 7, 2024 | J-GAAP |
| Apr - Dec, 2024 | 242,496 | 4,446 | 5,400 | 5,313 | 91.3 | 54.0 | Feb 7, 2025 | J-GAAP |
| Apr - Dec, 2025 | 246,592 | 8,156 | 9,133 | 6,485 | 115.3 | 73.1 | Feb 10, 2026 | J-GAAP |
| YoY | +1.7% | +83.4% | +69.1% | +22.1% | +26.3% |
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 | 204,984 | 6,453 | 6,153 | 4,067 | 74.4 | 56 | Nov 7, 2025 | J-GAAP |
| Oct - Mar, 2025 New | 204,984 | 6,453 | 6,153 | 4,067 | 74.4 | 66 | Feb 10, 2026 | J-GAAP |
| Revision Rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 367,000 | 12,000 | 12,500 | 8,800 | 161.0 | 56 | May 9, 2025 | J-GAAP |
| Mar, 2026 New | 367,000 | 12,000 | 12,500 | 8,800 | 161.0 | 66 | Feb 10, 2026 | J-GAAP |
| Revision Rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
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 | 184,741 | 7,226 | 7,683 | 8,722 | 151.0 | 56 | May 9, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 204,984 | 6,453 | 6,153 | 4,067 | 74.4 | 66 | Feb 10, 2026 | J-GAAP |
| YoY | +11.0% | -10.7% | -19.9% | -53.4% | -50.7% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 309,085 | 12,334 | 13,303 | 9,107 | 153.9 | 41 | May 9, 2024 | J-GAAP |
| Mar, 2025 | 339,656 | 8,769 | 10,005 | 10,515 | 182.1 | 56 | May 9, 2025 | J-GAAP |
| Mar, 2026 Guidance | 367,000 | 12,000 | 12,500 | 8,800 | 161.0 | 66 | Feb 10, 2026 | J-GAAP |
| YoY | +8.1% | +36.8% | +24.9% | -16.3% | -11.5% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 87,581 | 2,903 | 3,078 | 3,520 | 60.5 | 3.3 | Feb 7, 2025 | J-GAAP |
| Jan - Mar, 2025 | 97,160 | 4,323 | 4,605 | 5,202 | 90.1 | 4.4 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 78,430 | 3,559 | 4,123 | 2,937 | 52.1 | 4.5 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 83,586 | 1,988 | 2,224 | 1,796 | 31.8 | 2.4 | Nov 7, 2025 | J-GAAP |
| Oct - Dec, 2025 | 84,576 | 2,609 | 2,786 | 1,752 | 31.2 | 3.1 | Feb 10, 2026 | J-GAAP |
| YoY | -3.4% | -10.1% | -9.5% | -50.2% | -48.5% |
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