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Mitsubishi Materials, Ordinary Profit Forecast for the Fiscal Year Revised Upward to an Unexpected 26% Increase

Thu Feb 12, 2026 3:30 pm JST Earnings

5711 Mitsubishi Materials Corporation 【J-GAAP】

Earnings Report

Mitsubishi Materials Corporation <5711> [TSE Prime] announced its financial results after the market closed on February 12th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) increased 7.6% from the same period last year, reaching 61.1 billion yen.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 76.7%, from the previous forecast of 43.0 billion yen to 76.0 billion yen (compared to 60.2 billion yen in the previous period), turning to a 26.2% increase in the consolidated ordinary profit outlook.

Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the October to March period (second half) is expected to increase 2.3 times, from the previous forecast of 26.2 billion yen to 59.2 billion yen (compared to 35.3 billion yen in the same period of the previous year), turning to a 67.9% increase in the consolidated ordinary profit outlook.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit increased 39.2% from the same period last year, reaching 44.4 billion yen. The operating profit margin improved from 1.0% in the same period last year to 3.6%.

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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
Apr - Dec, 2023 1,081,585 15,410 43,651 24,600 188.3 80.7 Feb 9, 2024 J-GAAP
Apr - Dec, 2024 1,483,695 32,296 56,847 49,173 376.4 94.4 Feb 13, 2025 J-GAAP
Apr - Dec, 2025 1,284,480 27,379 61,157 36,387 278.5 80.5 Feb 12, 2026 J-GAAP
YoY -13.4% -15.2% +7.6% -26.0% -26.0%

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 760,086 4,051 26,299 14,515 111.1 50 Nov 11, 2025 J-GAAP
Oct - Mar, 2025 New 930,086 36,051 59,299 14,515 111.1 50 Feb 12, 2026 J-GAAP
Revision Rate +22.4% +789.9% +125.5% 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 1,590,000 15,000 43,000 20,000 153.1 100 Nov 11, 2025 J-GAAP
Mar, 2026 New 1,760,000 47,000 76,000 20,000 153.1 100 Feb 12, 2026 J-GAAP
Revision Rate +10.7% +213.3% +76.7% 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 972,484 9,537 35,320 9,407 72.0 50 May 14, 2025 J-GAAP
Oct - Mar, 2025 Guidance 930,086 36,051 59,299 14,515 111.1 50 Feb 12, 2026 J-GAAP
YoY -4.4% +278.0% +67.9% +54.3% +54.3%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 1,540,642 23,276 54,102 29,793 228.1 94 May 14, 2024 J-GAAP
Mar, 2025 1,962,076 37,118 60,235 34,076 260.8 100 May 14, 2025 J-GAAP
Mar, 2026 Guidance 1,760,000 47,000 76,000 20,000 153.1 100 Feb 12, 2026 J-GAAP
YoY -10.3% +26.6% +26.2% -41.3% -41.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2024 494,103 4,715 31,932 24,504 187.6 1.0 Feb 13, 2025 J-GAAP
Jan - Mar, 2025 478,381 4,822 3,388 -15,097 -115.6 1.0 May 14, 2025 J-GAAP
Apr - Jun, 2025 431,402 -2,641 -143 -4,050 -31.0 -0.6 Aug 7, 2025 J-GAAP
Jul - Sep, 2025 398,512 13,590 16,844 9,535 73.0 3.4 Nov 11, 2025 J-GAAP
Oct - Dec, 2025 454,566 16,430 44,456 30,902 236.5 3.6 Feb 12, 2026 J-GAAP
YoY -8.0% +248.5% +39.2% +26.1% +26.1%

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