Mitani Corporation (8066) Q1 2027 earnings summary

Executive summary

• Revenue for Q1 FY2027 was ¥78,890 million, up 2.7% year-over-year, driven by strong new car sales, increased spice sales, and improved gondola business performance.

• Operating profit rose 11.0% to ¥7,364 million, with gains from business improvements in fuel wholesale and gondola segments, and reduced wind power downtime.

• Net income attributable to shareholders increased 15.4% to ¥5,620 million year-over-year.

• Comprehensive income rose 49.6% to ¥6,315 million.

Financial highlights

• Gross profit margin improved to 18.9% from 18.0% year-over-year.

• Operating margin increased to 9.3% from 8.6% year-over-year.

• Ordinary profit grew 18.5% to ¥8,753 million, supported by higher equity-method investment gains and foreign exchange gains.

• EPS for Q1 was ¥67.22, up from ¥58.21 in the prior year.

Outlook and guidance

• Full-year revenue forecast remains unchanged at ¥330,000 million, with operating profit projected at ¥35,100 million and net income at ¥21,220 million.

• No revisions to previously announced earnings guidance.