MIRAIT ONE (1417) Q2 2026 earnings summary

Executive summary

• Achieved year-on-year growth in orders received, net sales, gross profit, EBITDA, operating income, and net income for the first half, with orders, net sales, and gross profit reaching record highs.

• Orders received increased by JPY 22.5 billion year-on-year, mainly driven by non-carrier business, especially ICT solutions and data center-related business.

• Strategic initiatives included expanding data center business, acquiring Y2S Inc./Co., Ltd., and merging group companies to optimize operations.

• Continued progress on Vision 2030, focusing on people-centric management, business synergies, and expansion into new domains.

Financial highlights

• Orders for the first half totaled JPY 341.7 billion, up JPY 22.5 billion year-on-year; 64% from non-carrier business.

• Net sales increased by JPY 8.9 billion year-on-year to JPY 258.8 billion (+3.6%).

• Operating income rose by JPY 3.2 billion to JPY 7.9 billion (+67.8% YoY); net income increased by JPY 3.2 billion to JPY 4.6 billion (+226.1% YoY).

• EBITDA grew from JPY 11.1 billion to JPY 14.7 billion year-on-year.

• Equity ratio improved to 52.3% from 48.6% at the previous fiscal year-end.

Outlook and guidance

• Full-year forecast remains unchanged: net sales of JPY 620 billion (+7.2%), operating income of JPY 34 billion (+21.5%), net income of JPY 21 billion (+22.2%), EBITDA of JPY 48 billion (margin 7.7%).

• Annual dividend planned to increase by JPY 10 to JPY 85 per share; EPS expected at JPY 236, up 25% year-on-year.

• No revision to full-year forecast; continued focus on stable dividend growth and flexible share buybacks.