Mitani Corporation (8066) Q2 2027 earnings summary

Executive summary

• H1 revenue rose 3.2% YoY to ¥164,953 million; operating profit increased 2.5% and ordinary profit 3.5%, while attributable net income declined 1.3%.

• Improved new-car supply, strong spice and software sales, and GIGA School renewal demand supported growth; lower fuel supply, weak construction-material sales, and fewer completed ODA projects were drags.

Financial highlights

• Revenue was ¥164,953 million, up 3.2% YoY; gross profit was ¥30,081 million versus ¥29,213 million a year earlier.

• Operating profit rose 2.5% YoY to ¥14,995 million; ordinary profit rose 3.5% to ¥16,943 million.

• Profit attributable to owners declined 1.3% to ¥10,358 million; comprehensive income increased 16.8% to ¥12,038 million.

Outlook and guidance

• FY ending March 2027 guidance unchanged: revenue ¥330,000 million (+2.7%), operating profit ¥31,400 million (+3.1%), ordinary profit ¥35,100 million (+4.2%), and net income ¥21,220 million (+9.5%).

• Full-year EPS forecast is ¥254.85; management cautioned that actual results may differ materially due to various factors.