Mirrativ,Inc.(472A) Financial Results

Current Period Guidance

Annual

Result

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2022 ＊	4,324	ー	-1,563	-1,565	-120.3	0	ー	J-GAAP
Dec, 2023 ＊	5,438	-1,179	-1,190	-1,192	-81.3	0	ー	J-GAAP
Dec, 2024 ＊	6,096	-245	-257	-259	-16.5	0	ー	J-GAAP
Dec, 2025	7,188	349	287	739	46.8	0	Feb 13, 2026	J-GAAP
Dec, 2026 Guidance	8,398	1,109	1,036	962	56.8	0	Feb 13, 2026	J-GAAP
YoY	+16.8%	+217.8%	+261.0%	+30.2%	+21.4%

Guidance History

Revision Direction	Revision Date	Revenue	Operating Profit	Ordinary Profit	Net Profit	Revised Dividend	Accounting Standards
Dec, 2025	Dec 18, 2025	7,004	229	163	593	0*	J-GAAP
	Jan 27, 2026	7,188	345	282	734	0*	J-GAAP
Results	Feb 13, 2026	7,188	349	287	739	0*	J-GAAP
Dec, 2026	Feb 13, 2026	8,398	1,109	1,036	962	0	J-GAAP

Growth Rate

Fiscal Year	Revenue	YoY	Operating Profit	YoY	Ordinary Profit	YoY	Adj. EPS	YoY
Dec, 2020	1,991	－	Available in future release
Dec, 2021	3,219	+61.7
Dec, 2022	4,324	+34.3
Dec, 2023	5,438	+25.8
Dec, 2024	6,096	+12.1
Dec, 2025	7,188	+17.9
Dec, 2026 Guidance	8,398	+16.8	1,109	+217.8	1,036	+261.0	56.8	+21.4

Profitability

Fiscal Year	Revenue	Operating Profit	Operating Profit Margin	ROE	ROA	Total Asset Turnover Ratio	Adj. EPS
Dec, 2024 ＊	6,096	-245	-4.0	-12.90	-7.16	1.69	-16.5
Dec, 2025	7,188	349	4.86	27.27	16.84	1.64	46.8
Dec, 2026 Guidance	8,398	1,109	13.2	27.14	18.36	1.60	56.8

All-Time High

	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS
Record	7,188	349	287	739	46.8
Fiscal Year	Dec, 2025	Dec, 2025	Dec, 2025	Dec, 2025	Dec, 2025

First Half

Result

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jan - Jun, 2025	3,395	202	178	177	11.2	0	ー	J-GAAP
Jan - Jun, 2026 Guidance	ー	ー	ー	ー	－	0	Feb 13, 2026	J-GAAP
YoY	－	－	－	－	－

Guidance History

Revision Direction	Revision Date	Revenue	Operating Profit	Ordinary Profit	Net Profit	Revised Dividend	Accounting Standards

Cash Flow

Annual

Fiscal Year	Operating Profit	Fee Cash Flow	Operating Cash Flow	Investing Cash Flow	Financial Cash Flow	Cash & Equivalents	Cash Ratio	Accounting Standards
Dec, 2023	-1,179	-1,143	-1,130	-13	606	3,070	83.04	J-GAAP
Dec, 2024	-245	-442	-345	-97	79	2,706	76.51	J-GAAP
Dec, 2025	349	-29	288	-317	669	3,392	64.73	J-GAAP

Actual Performance and Financial Trends

Historical Performance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2023	5,438	-1,179	-1,190	-1,192	-81.3	0	ー	J-GAAP
Dec, 2024	6,096	-245	-257	-259	-16.5	0	ー	J-GAAP
Dec, 2025	7,188	349	287	739	46.8	0	Feb 13, 2026	J-GAAP
YoY	+17.9%	－	－	－	－

Quarterly Results

Result

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2025	1,816	74	55	54	3.4	4.1	Dec 18, 2025	J-GAAP
Oct - Dec, 2025	1,977	73	54	508	32.2	3.7	Feb 13, 2026	J-GAAP
YoY	－	－	－	－	－

Growth Rate

Fiscal Year	Revenue	YoY	Operating Profit	YoY	Ordinary Profit	YoY	Adj. EPS	YoY
Jul - Sep, 2025	1,816	－	Available in future release
Oct - Dec, 2025	1,977	－	73	－	54	－	32.2	－

All-Time High Quarterly Results

	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS
Record	1,977	74	55	508	32.2
Fiscal Year	Dec, 2025	Sep, 2025	Sep, 2025	Dec, 2025	Dec, 2025

Key Balance Sheet Figures

Fiscal Year	BPS	Equity Ratio	Total Asset	Equity	Retained Earnings	Interest-Bearing Debt Ratio	Announce	Accounting Standards
Dec, 2023	-20,272.50	57.9	3,697	2,140	ー	ー	ー	J-GAAP
Dec, 2024	-422.25	53.0	3,537	1,875	-3,059	0.48	ー	J-GAAP
Dec, 2025	209.44	67.7	5,240	3,545	-2,320	0.18	Feb 13, 2026	J-GAAP