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MIMAKI ENGINEERING, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 12%, Oct-Dec Ordinary Profit Decreases by 12%
6638 MIMAKI ENGINEERING CO.,LTD. 【J-GAAP】
Earnings ReportMIMAKI ENGINEERING CO.,LTD. <6638> [TSE Prime] announced its financial results at noon (11:30) on February 13th. The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) decreased 12.4% from the same period last year to 6.00 billion yen. However, Progress toward the full-year plan of 7.80 billion yen was 76.9%, almost the same as the five-year average of 77.5%.
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 grow 13.3% from the same period last year, reaching 1.79 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 2.23 billion yen, an 11.6% decrease compared to the same period last year. The operating profit margin decreased from 13.3% in the same period last year to 11.2%.
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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 | 54,826 | 3,946 | 3,417 | 2,437 | 84.7 | 70.0 | Feb 14, 2024 | J-GAAP |
| Apr - Dec, 2024 | 61,374 | 7,423 | 6,854 | 4,944 | 171.5 | 81.2 | Feb 13, 2025 | J-GAAP |
| Apr - Dec, 2025 | 60,383 | 6,345 | 6,002 | 4,520 | 156.3 | 76.9 | Feb 13, 2026 | J-GAAP |
| YoY | -1.6% | -14.5% | -12.4% | -8.6% | -8.9% |
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 | 43,021 | 4,413 | 4,120 | 2,906 | 100.7 | 35 | May 13, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 43,121 | 4,510 | 4,036 | 2,747 | 94.9 | 25 | Nov 11, 2025 | J-GAAP |
| YoY | +0.2% | +2.2% | -2.0% | -5.5% | -5.7% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 75,631 | 5,480 | 4,882 | 3,707 | 128.8 | 25 | May 13, 2024 | J-GAAP |
| Mar, 2025 | 83,963 | 9,111 | 8,441 | 6,156 | 213.4 | 52.50 | May 13, 2025 | J-GAAP |
| Mar, 2026 Guidance | 82,500 | 8,500 | 7,800 | 5,500 | 190.1 | 50 | Nov 11, 2025 | J-GAAP |
| YoY | -1.7% | -6.7% | -7.6% | -10.7% | -10.9% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 20,432 | 2,725 | 2,533 | 1,694 | 58.8 | 13.3 | Feb 13, 2025 | J-GAAP |
| Jan - Mar, 2025 | 22,589 | 1,688 | 1,587 | 1,212 | 42.0 | 7.5 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 19,413 | 1,934 | 1,835 | 1,321 | 45.7 | 10.0 | Aug 7, 2025 | J-GAAP |
| Jul - Sep, 2025 | 19,966 | 2,056 | 1,929 | 1,432 | 49.5 | 10.3 | Nov 11, 2025 | J-GAAP |
| Oct - Dec, 2025 | 21,004 | 2,355 | 2,238 | 1,767 | 61.1 | 11.2 | Feb 13, 2026 | J-GAAP |
| YoY | +2.8% | -13.6% | -11.6% | +4.3% | +4.0% |
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