Metalart Corporation (5644) Q2 2026 earnings summary

Executive summary

• Revenue increased year-over-year in the second quarter and for the six months ended September 2025, with notable growth in the construction machinery and automotive segments, despite overseas weakness.

• Operating profit rose year-over-year, supported by cost reductions and price pass-throughs, though net income declined 13.3% due to the absence of prior-year compensation income and higher tax expenses.

• Full-year consolidated earnings forecasts have been revised upward, reflecting stronger-than-expected performance and robust domestic demand.

Financial highlights

• Second quarter revenue rose to 222 billion yen, up 2.2% year-over-year; gross profit increased to ¥2,739 million.

• Operating profit for the second quarter was 16.2 billion yen, up 1.6% year-over-year; ordinary profit was ¥1,623 million.

• Net profit for the second quarter reached 14.5 billion yen, a 0.6% increase year-over-year, but net income for the six months declined 13.3%.

• EPS for the period was ¥325.35, down from ¥365.69 in the prior year.

• Total assets at period-end were ¥45,208 million, with an equity ratio of 53.1%.

Outlook and guidance

• Full-year revenue forecast revised to 446 billion yen (¥44,600 million), up 4.2% from the previous forecast.

• Full-year operating profit forecast raised to 29.7 billion yen, a 32% increase over the previous forecast, while net profit is now expected at 20.9 billion yen, up 18.8%.

• Annual dividend forecast raised to ¥150 per share.