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Mitsui High-tec, Ordinary Profit Forecast for the Fiscal Year Revised Downward by 20%

Tue Sep 9, 2025 3:30 pm JST Earnings

6966 Mitsui High-tec, Inc. 【J-GAAP】

Earnings Report

Mitsui High-tec, Inc. <6966> [TSE Prime] announced its financial results after the market closed on September 9th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending January 2026 (February to July) dropped 36.6% from the same period last year to 5.97 billion yen.

In addition, the full-year forecast for consolidated ordinary profit has decreased 20.0%, from the previous forecast of 12.5 billion yen to 10.0 billion yen (compared to 16.9 billion yen in the previous period), leading to an increase in the profit decline rate from 26.2% to 41.0%.

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 August to January period (second half) is expected to drop 46.5% from the same period last year to 4.02 billion yen.

In the most recent three-month period, from May to July (2Q), the consolidated ordinary profit increased 51.5% from the same period last year, reaching 4.49 billion yen. However, the operating profit margin worsened from 7.2% in the same period last year to 5.4%.

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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
Feb - Jul, 2023 93,614 8,428 10,739 7,707 42.2 49.4 Sep 12, 2023 J-GAAP
Feb - Jul, 2024 103,969 7,850 9,431 7,075 38.7 55.7 Sep 10, 2024 J-GAAP
Feb - Jul, 2025 108,334 6,347 5,978 4,189 22.9 59.8 Sep 9, 2025 J-GAAP
YoY +4.2% -19.1% -36.6% -40.8% -40.8%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Feb - Jul, 2025 Guidance ー ー ー ー － 6 Mar 11, 2025 J-GAAP
Feb - Jul, 2025 Results 108,334 6,347 5,978 4,189 22.9 6 Sep 9, 2025 J-GAAP
Revision Rate － － － － －

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan, 2026 Prev 230,000 13,000 12,500 9,000 49.3 18 Mar 11, 2025 J-GAAP
Jan, 2026 New 216,000 11,000 10,000 7,000 38.3 18 Sep 9, 2025 J-GAAP
Revision Rate -6.1% -15.4% -20.0% -22.2% -22.2%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Aug - Jan, 2024 110,921 8,167 7,512 5,144 28.2 12 Mar 11, 2025 J-GAAP
Aug - Jan, 2025 Guidance 107,666 4,653 4,022 2,811 15.4 12 Sep 9, 2025 J-GAAP
YoY -2.9% -43.0% -46.5% -45.4% -45.4%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan, 2024 195,881 18,119 21,733 15,545 85.1 14.40 Mar 12, 2024 J-GAAP
Jan, 2025 214,890 16,017 16,943 12,219 66.9 17.60 Mar 11, 2025 J-GAAP
Jan, 2026 Guidance 216,000 11,000 10,000 7,000 38.3 18 Sep 9, 2025 J-GAAP
YoY +0.5% -31.3% -41.0% -42.7% -42.7%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
May - Jul, 2024 53,538 3,879 2,969 2,298 12.6 7.2 Sep 10, 2024 J-GAAP
Aug - Oct, 2024 54,239 3,615 3,545 2,271 12.4 6.7 Dec 12, 2024 J-GAAP
Nov - Jan, 2024 56,682 4,552 3,967 2,873 15.7 8.0 Mar 11, 2025 J-GAAP
Feb - Apr, 2025 54,677 3,469 1,480 968 5.3 6.3 Jun 13, 2025 J-GAAP
May - Jul, 2025 53,657 2,878 4,498 3,221 17.6 5.4 Sep 9, 2025 J-GAAP
YoY +0.2% -25.8% +51.5% +40.2% +40.1%

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