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MIE, 3% Decrease in Ordinary Profit for The Current Fiscal Year
3442 MIE CORPORATION CO., LTD 【J-GAAP】
Earnings ReportMIE CORPORATION CO., LTD <3442> [NSE Main] announced its financial results in the afternoon session on May 13th (15:00). The consolidated ordinary profit for the fiscal year ended March 2026 increased by 11.8% from the previous period to 607 million yen. However, for the fiscal year ending March 2027, the consolidated ordinary profit is expected to decrease by 2.8% from the previous period to 590 million yen.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit amounted to 140 million yen, an increase of 1.4% compared to the same period last year. However, the operating profit margin worsened from 8.9% in the same period last year to 8.2%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 6,811 | 565 | 536 | 372 | 309.5 | 20 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 7,098 | 586 | 543 | 379 | 315.1 | 20 | May 13, 2025 | J-GAAP |
| Mar, 2026 | 7,139 | 647 | 607 | 420 | 349.4 | 40 | May 13, 2026 | J-GAAP |
| YoY | +0.6% | +10.4% | +11.8% | +10.8% | +10.9% |
Full Year Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Guidance | 7,100 | 530 | 490 | 340 | 282.6 | 40 | May 11, 2026 | J-GAAP |
| Mar, 2026 Results | 7,139 | 647 | 607 | 420 | 349.4 | 40 | May 13, 2026 | J-GAAP |
| Revision Rate | +0.5% | +22.1% | +23.9% | +23.5% | +23.6% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 3,434 | 284 | 261 | 179 | 149.0 | 0 | Nov 7, 2025 | J-GAAP |
| Apr - Sep, 2026 Guidance | 3,650 | 320 | 295 | 205 | 170.2 | 0 | May 13, 2026 | J-GAAP |
| YoY | +6.3% | +12.7% | +13.0% | +14.5% | +14.2% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 7,098 | 586 | 543 | 379 | 315.1 | 20 | May 13, 2025 | J-GAAP |
| Mar, 2026 | 7,139 | 647 | 607 | 420 | 349.4 | 40 | May 13, 2026 | J-GAAP |
| Mar, 2027 Guidance | 7,300 | 640 | 590 | 410 | 340.4 | 40 | May 13, 2026 | J-GAAP |
| YoY | +2.3% | -1.1% | -2.8% | -2.4% | -2.6% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 1,796 | 160 | 138 | 100 | 83.1 | 8.9 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 1,753 | 156 | 148 | 102 | 84.9 | 8.9 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 1,681 | 128 | 113 | 77 | 64.1 | 7.6 | Nov 7, 2025 | J-GAAP |
| Oct - Dec, 2025 | 1,859 | 212 | 206 | 141 | 117.4 | 11.4 | Feb 6, 2026 | J-GAAP |
| Jan - Mar, 2026 | 1,846 | 151 | 140 | 100 | 83.2 | 8.2 | May 13, 2026 | J-GAAP |
| YoY | +2.8% | -5.6% | +1.4% | 0.0% | +0.0% |
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