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MUTO SEIKO, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 7%, Dividend Revised Upward by 11 Yen

Thu Nov 13, 2025 3:40 pm JST Earnings

7927 MUTO SEIKO CO. 【J-GAAP】

Earnings Report

MUTO SEIKO CO. <7927> [TSE Std] announced its financial results after the market closed on November 13th (15:40). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) increased 21.2% from the same period last year, reaching 1.52 billion yen.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 6.7%, from the previous forecast of 2.25 billion yen to 2.40 billion yen (compared to 2.57 billion yen in the previous period), and the declining rate is expected to decrease from 12.8% to 6.9%.

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 drop 33.8% from the same period last year to 0.87 billion yen.

In light of the strong performance, the company has increased its planned annual dividend for the current fiscal year from the original plan of 90 yen to 101 yen (compared to 94.5 yen in the previous period).

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit increased 64.3% from the same period last year, reaching 0.90 billion yen. The operating profit margin improved from 9.0% in the same period last year to 9.8%.

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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 13,429 1,074 1,458 1,078 152.0 59.9 Nov 10, 2023 J-GAAP
Apr - Sep, 2024 14,216 1,137 1,258 863 121.9 48.8 Nov 13, 2024 J-GAAP
Apr - Sep, 2025 14,841 1,299 1,525 1,082 155.2 63.5 Nov 13, 2025 J-GAAP
YoY +4.4% +14.2% +21.2% +25.4% +27.3%

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 ー ー ー ー － 30 May 13, 2025 J-GAAP
Apr - Sep, 2025 Results 14,841 1,299 1,525 1,082 155.2 30 Nov 13, 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
Mar, 2026 Prev 25,500 2,250 2,250 1,580 227.5 90 May 13, 2025 J-GAAP
Mar, 2026 New 27,000 2,400 2,400 1,750 251.9 101 Nov 13, 2025 J-GAAP
Revision Rate +5.9% +6.7% +6.7% +10.8% +10.8%

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 13,358 910 1,321 647 91.7 74.50 May 13, 2025 J-GAAP
Oct - Mar, 2025 Guidance 12,159 1,101 875 668 96.2 71 Nov 13, 2025 J-GAAP
YoY -9.0% +21.0% -33.8% +3.2% +4.9%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 26,315 1,827 2,433 1,773 249.9 100 May 13, 2024 J-GAAP
Mar, 2025 27,574 2,047 2,579 1,510 214.1 94.50 May 13, 2025 J-GAAP
Mar, 2026 Guidance 27,000 2,400 2,400 1,750 251.9 101 Nov 13, 2025 J-GAAP
YoY -2.1% +17.2% -6.9% +15.9% +17.7%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 7,676 694 552 386 54.5 9.0 Nov 13, 2024 J-GAAP
Oct - Dec, 2024 7,200 605 914 533 75.5 8.4 Feb 13, 2025 J-GAAP
Jan - Mar, 2025 6,158 305 407 114 16.2 5.0 May 13, 2025 J-GAAP
Apr - Jun, 2025 7,062 537 618 418 59.8 7.6 Aug 8, 2025 J-GAAP
Jul - Sep, 2025 7,779 762 907 664 95.2 9.8 Nov 13, 2025 J-GAAP
YoY +1.3% +9.8% +64.3% +72.0% +74.7%

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