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MITSUBISHI PENCIL, Jan-Sep (Cumulative 3Q) Ordinary Profit Decreases by 17%
7976 MITSUBISHI PENCIL CO.,LTD. 【J-GAAP】
Earnings ReportMITSUBISHI PENCIL CO.,LTD. <7976> [TSE Prime] announced its financial results after the market closed on October 30th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending December 2025 (January to September) decreased 17.1% from the same period last year to 6.74 billion yen. Progress toward the full-year plan of 10.8 billion yen was 62.4%, also falling below the five-year average of 69.7%.
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 for the October to December period (4Q) is expected to decrease 15.8% from the same period last year to 4.06 billion yen.
In the most recent three-month period, from July to September (3Q), the consolidated ordinary profit amounted to 1.78 billion yen, a 0.7% decrease compared to the same period last year. The operating profit margin significantly dropped from 12.4% in the same period last year to 8.4%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Sep, 2023 | 53,129 | 8,093 | 9,112 | 6,222 | 114.2 | 70.7 | Oct 26, 2023 | J-GAAP |
| Jan - Sep, 2024 | 62,912 | 7,711 | 8,129 | 7,625 | 138.8 | 62.8 | Oct 31, 2024 | J-GAAP |
| Jan - Sep, 2025 | 64,081 | 6,547 | 6,740 | 3,992 | 73.0 | 62.4 | Oct 30, 2025 | J-GAAP |
| YoY | +1.9% | -15.1% | -17.1% | -47.6% | -47.4% |
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 | 46,386 | 7,024 | 6,619 | 4,628 | 84.1 | 25 | Feb 13, 2025 | J-GAAP |
| Jul - Dec, 2025 Guidance | 47,755 | 5,701 | 5,843 | 3,856 | 71.3 | 26 | Jul 31, 2025 | J-GAAP |
| YoY | +3.0% | -18.8% | -11.7% | -16.7% | -15.2% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2023 | 74,801 | 11,851 | 12,889 | 10,166 | 186.8 | 40 | Feb 16, 2024 | J-GAAP |
| Dec, 2024 | 88,820 | 12,189 | 12,952 | 11,272 | 204.8 | 46 | Feb 13, 2025 | J-GAAP |
| Dec, 2025 Guidance | 91,000 | 10,500 | 10,800 | 7,000 | 129.4 | 52 | Jul 31, 2025 | J-GAAP |
| YoY | +2.5% | -13.9% | -16.6% | -37.9% | -36.8% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 20,478 | 2,546 | 1,796 | 981 | 17.9 | 12.4 | Oct 31, 2024 | J-GAAP |
| Oct - Dec, 2024 | 25,908 | 4,478 | 4,823 | 3,647 | 66.3 | 17.3 | Feb 13, 2025 | J-GAAP |
| Jan - Mar, 2025 | 22,588 | 2,556 | 2,340 | 1,459 | 26.4 | 11.3 | Apr 25, 2025 | J-GAAP |
| Apr - Jun, 2025 | 20,657 | 2,243 | 2,617 | 1,685 | 30.7 | 10.9 | Jul 31, 2025 | J-GAAP |
| Jul - Sep, 2025 | 20,836 | 1,748 | 1,783 | 848 | 15.5 | 8.4 | Oct 30, 2025 | J-GAAP |
| YoY | +1.7% | -31.3% | -0.7% | -13.6% | -13.2% |
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