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MIMAKI ENGINEERING, Ordinary Profit Forecast for the Fiscal Year Revised Downward by 7%

Tue Nov 11, 2025 11:30 am JST Earnings

6638 MIMAKI ENGINEERING CO.,LTD. 【J-GAAP】

Earnings Report

MIMAKI ENGINEERING CO.,LTD. <6638> [TSE Prime] announced its financial results at noon (11:30) on November 11th. The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) decreased 12.9% from the same period last year to 3.76 billion yen.

In addition, the full-year forecast for consolidated ordinary profit has decreased 7.1%, from the previous forecast of 8.40 billion yen to 7.80 billion yen (compared to 8.44 billion yen in the previous period), leading to an increase in the profit decline rate from 0.5% to 7.6%.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to decrease 2.0% from the same period last year to 4.03 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit decreased to 1.92 billion yen, an 18.6% decrease compared to the same period last year. The operating profit margin decreased from 12.5% in the same period last year to 10.3%.

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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
Apr - Sep, 2023 35,437 2,331 2,014 1,412 49.1 41.3 Nov 14, 2023 J-GAAP
Apr - Sep, 2024 40,942 4,698 4,321 3,250 112.8 51.2 Nov 11, 2024 J-GAAP
Apr - Sep, 2025 39,379 3,990 3,764 2,753 95.2 48.3 Nov 11, 2025 J-GAAP
YoY -3.8% -15.1% -12.9% -15.3% -15.6%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2025 Guidance 41,400 4,050 3,600 2,600 89.9 25 May 13, 2025 J-GAAP
Apr - Sep, 2025 Results 39,379 3,990 3,764 2,753 95.2 25 Nov 11, 2025 J-GAAP
Revision Rate -4.9% -1.5% +4.6% +5.9% +6.0%

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 88,600 9,200 8,400 5,900 203.9 50 May 13, 2025 J-GAAP
Mar, 2026 New 82,500 8,500 7,800 5,500 190.1 50 Nov 11, 2025 J-GAAP
Revision Rate -6.9% -7.6% -7.1% -6.8% -6.8%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 43,021 4,413 4,120 2,906 100.7 35 May 13, 2025 J-GAAP
Oct - Mar, 2025 Guidance 43,121 4,510 4,036 2,747 95.0 25 Nov 11, 2025 J-GAAP
YoY +0.2% +2.2% -2.0% -5.5% -5.7%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 75,631 5,480 4,882 3,707 128.8 25 May 13, 2024 J-GAAP
Mar, 2025 83,963 9,111 8,441 6,156 213.4 52.50 May 13, 2025 J-GAAP
Mar, 2026 Guidance 82,500 8,500 7,800 5,500 190.1 50 Nov 11, 2025 J-GAAP
YoY -1.7% -6.7% -7.6% -10.7% -10.9%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 21,138 2,646 2,369 1,768 61.4 12.5 Nov 11, 2024 J-GAAP
Oct - Dec, 2024 20,432 2,725 2,533 1,694 58.8 13.3 Feb 13, 2025 J-GAAP
Jan - Mar, 2025 22,589 1,688 1,587 1,212 42.0 7.5 May 13, 2025 J-GAAP
Apr - Jun, 2025 19,413 1,934 1,835 1,321 45.7 10.0 Aug 7, 2025 J-GAAP
Jul - Sep, 2025 19,966 2,056 1,929 1,432 49.5 10.3 Nov 11, 2025 J-GAAP
YoY -5.5% -22.3% -18.6% -19.0% -19.3%

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