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MANI surges as H1 operating profit jumps 22%, beats prior guidance

Wed Apr 15, 2026 10:18 am JST Catalyst

MANI <7730> rebounded sharply to hit a new year-to-date high on Wednesday. Following the market close on the 14th, the surgical instrument maker reported consolidated results for the first half ended February, with sales reaching 16.106 billion yen (up 8.7% year-on-year) and operating profit hitting 5.097 billion yen (up 22.2%). The result significantly exceeded the company's previous operating profit forecast of 4.3 billion yen. Net profit rose 32.6% to 3.898 billion yen.

The performance was bolstered by the continued weakness of the yen, which lifted overseas revenue, alongside strong growth in dental products. Specifically, the resumption of diamond bur sales in China and increased orders at German subsidiary MMG supported the bottom line. Eyeless needle products also saw robust demand in Asian markets, particularly in China, Thailand, and India. Foreign exchange gains from the yen’s depreciation further contributed to the strong results.

Mani maintained its full-year earnings forecast for the fiscal year ending August 2026, projecting sales of 32.8 billion yen (up 9.4%), operating profit of 9.2 billion yen (up 12.3%), and net profit of 6.45 billion yen (up 38.9%).

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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