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MIKIKOGYO, Jan-Sep (Cumulative 3Q) Ordinary Profit Increases by 96%, Exceeds Full-Year Plan

Mon Oct 27, 2025 3:30 pm JST Earnings

1718 MIKIKOGYO CO.,LTD. 【J-GAAP】

Earnings Report

MIKIKOGYO CO.,LTD. <1718> [TSE Std] announced its financial results after the market closed on October 27th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending December 2025 (January to September) expanded 2.04 billion yen, an increase 96.2% compared to the same period last year. Progress toward the full-year plan of 1.90 billion yen is 107.6%, already exceeding the target and also exceeding the five-year average of 86.4%.

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit/loss for the October to December period (4Q) is expected to turn into a loss of 0.14 billion yen (compared to a profit of 0.11 billion yen in the same period last year). However, if the fourth-quarter performance remains at the same level as the first three quarters, the full-year plan may be increased.

In the most recent three-month period, from July to September (3Q), the consolidated ordinary profit surged 2.0 times that of the same period last year, reaching 0.99 billion yen. The operating profit margin improved from 6.8% in the same period last year to 8.7%.

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Actual Results

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Jan - Sep, 2023 23,697 1,085 1,091 667 610.6 82.0 Oct 30, 2023 J-GAAP
Jan - Sep, 2024 20,322 1,035 1,042 579 530.3 90.2 Oct 28, 2024 J-GAAP
Jan - Sep, 2025 27,365 2,071 2,044 1,263 1,156.4 107.6 Oct 27, 2025 J-GAAP
YoY +34.7% +100.1% +96.2% +118.1% +118.1%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jul - Dec, 2024 14,167 591 607 298 272.8 100 Feb 14, 2025 J-GAAP
Jul - Dec, 2025 Guidance 19,064 829 850 423 387.0 150 Jul 28, 2025 J-GAAP
YoY +34.6% +40.3% +40.0% +41.9% +41.9%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2023 32,203 1,316 1,330 839 768.0 230 Feb 14, 2024 J-GAAP
Dec, 2024 27,292 1,134 1,155 658 602.2 200 Feb 14, 2025 J-GAAP
Dec, 2025 Guidance 35,000 1,900 1,900 1,100 1,006.5 300 Jul 28, 2025 J-GAAP
YoY +28.2% +67.5% +64.5% +67.2% +67.1%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 7,197 492 494 219 200.6 6.8 Oct 28, 2024 J-GAAP
Oct - Dec, 2024 6,970 99 113 79 72.3 1.4 Feb 14, 2025 J-GAAP
Jan - Mar, 2025 8,813 874 861 536 490.7 9.9 Apr 28, 2025 J-GAAP
Apr - Jun, 2025 7,123 197 189 141 129.1 2.8 Jul 28, 2025 J-GAAP
Jul - Sep, 2025 11,429 1,000 994 586 536.5 8.7 Oct 27, 2025 J-GAAP
YoY +58.8% +103.3% +101.2% +167.6% +167.5%

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