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MEC COMPANY, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 18%, Raises Record High Profit Forecast, Dividend Revised Upward by 14 Yen

Tue May 12, 2026 3:30 pm JST Earnings

4971 MEC COMPANY LTD. 【J-GAAP】

Earnings Report

MEC COMPANY LTD. <4971> [TSE Prime] announced its financial results after the market closed on May 12th (15:30). The consolidated ordinary profit for the first quarter of the fiscal year ending December 2026 (January to March) surged 2.0 times that of the same period last year, reaching 2.14 billion yen.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 17.6%, from the previous forecast of 6.55 billion yen to 7.70 billion yen (compared to 6.05 billion yen in the previous period), increasing the growth rate from 8.2% to 27.3%, further surpassing the previous forecast of record-high profits for three consecutive terms.

At the same time, the January to June period (first half) consolidated ordinary profit has been revised upward 33.9%, from the previous forecast of 3.02 billion yen to 4.05 billion yen (compared to 2.49 billion yen in the same period of the previous year), increasing the growth rate from 21.3% to 62.5%. The company has further increased its previous forecast of record profits for the first time in two years.

In light of the strong performance, the dividend for the first half of this fiscal year has been significantly increased from the original plan of 40 yen to 55 yen, and the dividend for the second half has been revised the original plan of 56 yen to 55 yen. The annual dividend has been revised upwards from the original plan of 96 yen to 110 yen (compared to 96 yen in the previous period).

In the most recent three-month period, from January to March (1Q), the operating profit margin jumped from 24.7% in the same period last year to 33.9%.

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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
Jan - Mar, 2024 4,354 1,053 1,132 779 41.6 42.9 May 10, 2024 J-GAAP
Jan - Mar, 2025 4,423 1,093 1,059 476 25.4 42.5 May 12, 2025 J-GAAP
Jan - Mar, 2026 6,128 2,079 2,141 1,528 83.7 52.9 May 12, 2026 J-GAAP
YoY +38.5% +90.2% +102.2% +221.0% +229.0%

Guidance Update

First Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan - Jun, 2026 Prev 10,800 3,000 3,025 2,000 109.5 40 Feb 13, 2026 J-GAAP
Jan - Jun, 2026 New 12,250 4,000 4,050 2,900 158.8 55 May 12, 2026 J-GAAP
Revision Rate +13.4% +33.3% +33.9% +45.0% +45.0%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2026 Prev 22,500 6,500 6,550 4,600 251.9 96 Feb 13, 2026 J-GAAP
Dec, 2026 New 24,500 7,600 7,700 5,550 303.9 110 May 12, 2026 J-GAAP
Revision Rate +8.9% +16.9% +17.6% +20.7% +20.7%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan - Jun, 2025 9,387 2,440 2,493 1,893 101.5 25 Aug 8, 2025 J-GAAP
Jan - Jun, 2026 Guidance 12,250 4,000 4,050 2,900 158.8 55 May 12, 2026 J-GAAP
YoY +30.5% +63.9% +62.5% +53.2% +56.5%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2024 18,234 4,562 4,682 2,291 122.4 45 Feb 14, 2025 J-GAAP
Dec, 2025 20,947 5,748 6,051 5,028 272.1 96 Feb 13, 2026 J-GAAP
Dec, 2026 Guidance 24,500 7,600 7,700 5,550 303.9 110 May 12, 2026 J-GAAP
YoY +17.0% +32.2% +27.3% +10.4% +11.7%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jan - Mar, 2025 4,423 1,093 1,059 476 25.4 24.7 May 12, 2025 J-GAAP
Apr - Jun, 2025 4,964 1,347 1,434 1,417 76.0 27.1 Aug 8, 2025 J-GAAP
Jul - Sep, 2025 5,600 1,807 1,868 1,436 77.4 32.3 Nov 11, 2025 J-GAAP
Oct - Dec, 2025 5,960 1,501 1,690 1,699 92.0 25.2 Feb 13, 2026 J-GAAP
Jan - Mar, 2026 6,128 2,079 2,141 1,528 83.7 33.9 May 12, 2026 J-GAAP
YoY +38.5% +90.2% +102.2% +221.0% +229.0%

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