MIC Co, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 19%, Exceeded Record Profit Forecast, Dividend Revised Upward by 22.5 Yen

MIC Co., Ltd. <300A> [TSE Std] announced its financial results after the market closed on February 12th (16:00). The ordinary profit (non-consolidated) for the cumulative third quarter of the fiscal year ending March 2026 (April to December) expanded 1.37 billion yen, an increase 78.4% compared to the same period last year.

In addition, the full-year forecast for ordinary profit has been revised upward 18.7%, from the previous forecast of 1.34 billion yen to 1.59 billion yen (compared to 1.01 billion yen in the previous period), increasing the growth rate from 31.5% to 56.0%. The company has further increased its previous forecast of record profits for the first time in five years.

Based on the full-year plan announced by the company after the upward revision, our estimate of the ordinary profit for the October to March period (second half) is expected to increase 50.3%, from the previous forecast of 0.49 billion yen to 0.74 billion yen (compared to 0.60 billion yen in the same period of the previous year), turning to a 22.9% increase in the ordinary profit outlook.

In light of the strong performance, the company has significantly increased its planned year-end lump-sum dividend for the current fiscal year from the original plan of 37.5 yen to 60 yen (compared to 27.5 yen in the previous period).

In the most recent three-month period, from October to December (3Q), the ordinary profit increased 47.9% from the same period last year, reaching 0.53 billion yen. The operating profit margin rose from 10.7% in the same period last year to 13.3%.

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