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MIURA, Apr-Dec (Cumulative 3Q) Net Income Increases by 44%, Oct-Dec Net Income Increases by 20%
6005 MIURA CO.,LTD. 【IFRS】
Earnings ReportMIURA CO.,LTD. <6005> [TSE Prime] announced its financial results (based on IFRS) after the market closed on February 12th (15:30). The consolidated net income for the cumulative third quarter of the fiscal year ending March 2026 (April to December) expanded 20.1 billion yen, an increase 44.2% compared to the same period last year. Progress toward the full-year plan of 26.5 billion yen was 76.0%, also surpassing the five-year average of 69.7%.
Based on the cumulative third-quarter performance announced by the company and the full-year plan, our calculation indicates that the consolidated net income for the January to March period (4Q) is expected to drop 32.0% from the same period last year to 6.35 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated net income grew 19.8% from the same period last year, reaching 7.90 billion yen. However, the operating profit margin decreased from 13.0% in the same period last year to 12.1%.
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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 | 107,957 | 15,702 | 18,496 | 13,687 | 123.5 | 69.0 | Feb 7, 2024 | IFRS |
| Apr - Dec, 2024 | 175,220 | 17,396 | 20,453 | 13,969 | 124.6 | 69.0 | Feb 13, 2025 | IFRS |
| Apr - Dec, 2025 | 188,064 | 21,729 | 26,906 | 20,148 | 174.1 | 72.9 | Feb 12, 2026 | IFRS |
| YoY | +7.3% | +24.9% | +31.6% | +44.2% | +39.7% |
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 | 147,574 | 18,658 | 20,219 | 14,258 | 123.2 | 37 | Nov 13, 2025 | IFRS |
| Oct - Mar, 2025 New | 142,574 | 16,658 | 20,219 | 14,258 | 123.2 | 37 | Feb 12, 2026 | IFRS |
| Revision Rate | -3.4% | -10.7% | 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 | 271,500 | 32,600 | 36,900 | 26,500 | 229.0 | 67 | May 14, 2025 | IFRS |
| Mar, 2026 New | 266,500 | 30,600 | 36,900 | 26,500 | 229.0 | 67 | Feb 12, 2026 | IFRS |
| Revision Rate | -1.8% | -6.1% | 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 | 139,967 | 16,242 | 19,390 | 15,941 | 141.1 | 37 | May 14, 2025 | IFRS |
| Oct - Mar, 2025 Guidance | 142,574 | 16,658 | 20,219 | 14,258 | 123.2 | 37 | Feb 12, 2026 | IFRS |
| YoY | +1.9% | +2.6% | +4.3% | -10.6% | -12.7% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 159,695 | 23,061 | 26,789 | 19,368 | 175.0 | 53 | May 14, 2024 | IFRS |
| Mar, 2025 | 251,341 | 25,324 | 29,629 | 23,312 | 206.4 | 61 | May 14, 2025 | IFRS |
| Mar, 2026 Guidance | 266,500 | 30,600 | 36,900 | 26,500 | 229.0 | 67 | Feb 12, 2026 | IFRS |
| YoY | +6.0% | +20.8% | +24.5% | +13.7% | +11.0% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 63,846 | 8,314 | 10,214 | 6,598 | 58.9 | 13.0 | Feb 13, 2025 | IFRS |
| Jan - Mar, 2025 | 76,121 | 7,928 | 9,176 | 9,343 | 82.7 | 10.4 | May 14, 2025 | IFRS |
| Apr - Jun, 2025 | 52,514 | 3,510 | 4,831 | 3,451 | 29.8 | 6.7 | Aug 7, 2025 | IFRS |
| Jul - Sep, 2025 | 71,412 | 10,432 | 11,850 | 8,791 | 76.0 | 14.6 | Nov 13, 2025 | IFRS |
| Oct - Dec, 2025 | 64,138 | 7,787 | 10,225 | 7,906 | 68.3 | 12.1 | Feb 12, 2026 | IFRS |
| YoY | +0.5% | -6.3% | +0.1% | +19.8% | +16.1% |
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