kabutan

Mirairo, First Half Ordinary Profit Decreases by 48%, Jan-Mar Ordinary Profit Decreases by 42%

Thu May 14, 2026 3:30 pm JST Earnings

335A Mirairo Inc. 【J-GAAP】

Earnings Report

Mirairo Inc. <335A> [TSE Growth] announced its financial results after the market closed on May 14th (15:30). The ordinary profit (non-consolidated) for the cumulative second quarter of the fiscal year ending September 2026 (October 2025 to March 2026) dropped 48.4% from the same period last year to 32 million yen. Progress toward the full-year plan of 201 million yen was 15.9%, also falling below the same period of the previous year of 50.4%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the April to September period (second half) is expected to surge 2.8 times that of the same period last year, reaching 169 million yen.

In the most recent three-month period, from January to March (2Q), the ordinary profit dropped to 21 million yen, a 41.7% decrease compared to the same period last year. The operating profit margin sharply declined from 23.3% in the same period last year to 10.3%.

Kabutan News

Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Oct - Mar, 2024 423 81 62 33 4.8 50.4 May 13, 2025 J-GAAP
Oct - Mar, 2025 391 31 32 22 2.0 15.9 May 14, 2026 J-GAAP
YoY -7.6% -61.7% -48.4% -33.3% -57.9%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2025 Guidance 0 Nov 14, 2025 J-GAAP
Oct - Mar, 2025 Results 391 31 32 22 2.0 0 May 14, 2026 J-GAAP
Revision Rate

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2025 409 61 61 48 5.4 0 Nov 14, 2025 J-GAAP
Apr - Sep, 2026 Guidance 549 169 169 113 10.3 0 May 14, 2026 J-GAAP
YoY +34.2% +177.0% +177.0% +135.4% +89.1%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Sep, 2025 832 142 123 81 9.2 0 Nov 14, 2025 J-GAAP
Sep, 2026 Guidance 940 200 201 135 12.3 0 Nov 14, 2025 J-GAAP
YoY +13.0% +40.8% +63.4% +66.7% +33.9%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jan - Mar, 2025 240 56 36 17 2.5 23.3 May 13, 2025 J-GAAP
Apr - Jun, 2025 207 29 25 20 2.4 14.0 Aug 13, 2025 J-GAAP
Jul - Sep, 2025 202 32 36 28 3.2 15.8 Nov 14, 2025 J-GAAP
Oct - Dec, 2025 197 11 11 7 0.6 5.6 Feb 13, 2026 J-GAAP
Jan - Mar, 2026 194 20 21 15 1.4 10.3 May 14, 2026 J-GAAP
YoY -19.2% -64.3% -41.7% -11.8% -44.3%

Related Articles