Mitani Corporation (8066) Q2 2026 earnings summary

Executive summary

• Revenue for the first half of FY2026 rose 1.1% year-over-year to ¥159.8 billion, driven by strong fuel wholesale, gas station, and IT-related sales, as well as higher spice prices.

• Operating income increased 2.4% year-over-year to ¥14.6 billion, with gains from price pass-throughs and IT demand offsetting declines in ODA and POS-related sales.

• Net income attributable to shareholders grew 7.9% year-over-year to ¥10.5 billion.

Financial highlights

• Gross profit margin improved to 18.3% from 17.8% year-over-year.

• Operating margin rose to 9.2% from 9.0% year-over-year.

• Net margin attributable to shareholders increased to 6.6% from 6.2% year-over-year.

• Total assets at period-end were ¥304.8 billion, up ¥5.9 billion from the previous fiscal year-end.

• Equity ratio improved to 57.0% from 55.9% at the previous year-end.

Outlook and guidance

• Full-year revenue forecast remains unchanged at ¥320 billion, up 5.6% year-over-year.

• Full-year operating income forecast is ¥30 billion, up 4.8% year-over-year.

• Full-year net income forecast is ¥18.5 billion, up 2.7% year-over-year.

• No revision to previously announced guidance.