MK SEIKO continues sharp decline on 19% operating profit drop forecast for fiscal year ending March 2027

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Thu May 7, 2026 10:37 am JST Catalyst

MK SEIKO CO., LTD. <5906> continued its sharp decline. After the close of trading on the 1st, the company disclosed its full-year earnings forecast for the fiscal year ending March 2027 alongside the announcement of its consolidated financial results for the fiscal year ended March 2026. The company projected sales of 30,000 million yen (up 0.7% year-on-year) and operating profit of 2,200 million yen (down 19.2% year-on-year), prompting selling due to concerns over the significant profit decline. The company anticipates continued challenging business conditions, including difficulties in raw material procurement and soaring energy prices due to escalating tensions in the Middle East. The company set its year-end dividend forecast at 18 yen, an increase of 3 yen.

For the fiscal year ended March 2026, sales came in at 29,788 million yen (up 5.4% year-on-year), exceeding the previous forecast of 29,000 million yen, while operating profit reached 2,723 million yen (up 36.6% year-on-year), surpassing the prior estimate of 2,300 million yen. The gantry-type car washing machines in the Mobility & Service segment, as well as low-temperature storage units and insulated rice containers in the Life & Support segment, performed solidly.

Source: MINKABU PRESS

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