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MITACHI , Jun-Feb (Cumulative 3Q) Ordinary Profit Increases by 33%, Dec-Feb Ordinary Profit Decreases by 12%
3321 MITACHI CO.,LTD. 【J-GAAP】
Earnings ReportMITACHI CO.,LTD. <3321> [TSE Std] announced its financial results after the market closed on April 3rd (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending May 2026 (June 2025 to February 2026) expanded 2.32 billion yen, an increase 32.6% compared to the same period last year. Progress toward the full-year plan of 2.95 billion yen was 78.9%, also surpassing the five-year average of 74.6%.
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 March to May period (4Q) is expected to nearly flat at 0.62 billion yen.
In the most recent three-month period, from December to February (3Q), the consolidated ordinary profit decreased to 0.66 billion yen, a 12.0% decrease compared to the same period last year. The operating profit margin remained almost flat, changing from 2.2% in the same period last year to 1.9%.
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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 |
|---|---|---|---|---|---|---|---|---|
| Jun - Feb, 2023 | 29,715 | 1,291 | 1,346 | 929 | 116.7 | 78.9 | Mar 29, 2024 | J-GAAP |
| Jun - Feb, 2024 | 68,928 | 1,592 | 1,756 | 1,227 | 154.0 | 73.9 | Mar 28, 2025 | J-GAAP |
| Jun - Feb, 2025 | 88,169 | 2,151 | 2,329 | 1,698 | 213.1 | 78.9 | Apr 3, 2026 | J-GAAP |
| YoY | +27.9% | +35.1% | +32.6% | +38.4% | +38.3% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec - May, 2024 | 58,268 | 1,201 | 1,373 | 978 | 122.8 | 35 | Jul 4, 2025 | J-GAAP |
| Dec - May, 2025 Guidance | 61,652 | 1,127 | 1,283 | 773 | 97.0 | 40 | Mar 19, 2026 | J-GAAP |
| YoY | +5.8% | -6.2% | -6.6% | -21.0% | -21.0% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| May, 2024 | 38,899 | 1,591 | 1,706 | 1,222 | 153.5 | 45 | Jul 5, 2024 | J-GAAP |
| May, 2025 | 98,176 | 2,148 | 2,377 | 1,696 | 213.0 | 60 | Jul 4, 2025 | J-GAAP |
| May, 2026 Guidance | 120,000 | 2,700 | 2,950 | 2,000 | 250.9 | 80 | Mar 19, 2026 | J-GAAP |
| YoY | +22.2% | +25.7% | +24.1% | +17.9% | +17.8% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec - Feb, 2024 | 29,020 | 645 | 752 | 509 | 63.9 | 2.2 | Mar 28, 2025 | J-GAAP |
| Mar - May, 2025 | 29,248 | 556 | 621 | 469 | 58.9 | 1.9 | Jul 4, 2025 | J-GAAP |
| Jun - Aug, 2025 | 27,739 | 709 | 728 | 563 | 70.7 | 2.6 | Oct 3, 2025 | J-GAAP |
| Sep - Nov, 2025 | 30,609 | 864 | 939 | 664 | 83.3 | 2.8 | Dec 25, 2025 | J-GAAP |
| Dec - Feb, 2025 | 29,821 | 578 | 662 | 471 | 59.1 | 1.9 | Apr 3, 2026 | J-GAAP |
| YoY | +2.8% | -10.4% | -12.0% | -7.5% | -7.5% |
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