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Mullion, Oct-Dec (1Q) Ordinary Profit Increases by 38%

Thu Feb 12, 2026 3:30 pm JST Earnings

3494 Mullion Co., Ltd. 【J-GAAP】

Earnings Report

Mullion Co., Ltd. <3494> [TSE Std] announced its financial results after the market closed on February 12th (15:30). The ordinary profit (non-consolidated) for the first quarter of the fiscal year ending September 2026 (October to December) expanded 51 million yen, an increase 37.8% compared to the same period last year. However, Progress toward the full-year plan of 400 million yen was 12.8%, also falling below the five-year average of 47.3%.

In the most recent three-month period, from October to December (1Q), the operating profit margin rose from 21.5% in the same period last year to 25.8%.

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Actual Results

Accumulated Results 1st Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Oct - Dec, 2023 421 106 63 42 5.5 42.6 Feb 13, 2024 J-GAAP
Oct - Dec, 2024 390 84 37 25 3.3 54.4 Feb 13, 2025 J-GAAP
Oct - Dec, 2025 415 107 51 35 4.6 Feb 12, 2026 J-GAAP
YoY +6.4% +27.4% +37.8% +40.0% +38.6%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 774 161 68 46 6.0 0 May 13, 2025 J-GAAP
Oct - Mar, 2025 Guidance 0 Nov 13, 2025 J-GAAP
YoY

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Sep, 2024 2,876 695 522 342 43.7 5.20 Nov 13, 2024 J-GAAP
Sep, 2025 3,254 874 665 459 58.6 6 Nov 13, 2025 J-GAAP
Sep, 2026 Guidance 2,600 630 400 240 30.6 6.40 Nov 13, 2025 J-GAAP
YoY -20.1% -27.9% -39.8% -47.7% -47.8%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2024 390 84 37 25 3.3 21.5 Feb 13, 2025 J-GAAP
Jan - Mar, 2025 384 77 31 21 2.7 20.1 May 13, 2025 J-GAAP
Apr - Jun, 2025 507 78 27 17 2.2 15.4 Aug 13, 2025 J-GAAP
Jul - Sep, 2025 1,973 635 570 396 50.6 32.2 Nov 13, 2025 J-GAAP
Oct - Dec, 2025 415 107 51 35 4.6 25.8 Feb 12, 2026 J-GAAP
YoY +6.4% +27.4% +37.8% +40.0% +38.6%

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