Mitani Sekisan (5273) Q4 2026 earnings summary

Executive summary

• Revenue rose 13.8% year-over-year to ¥99,854 million, with operating profit up 26.7% and net income attributable to shareholders up 35.5%.

• Growth was driven by strong performance in the concrete secondary products segment, while the information segment declined due to the exclusion of a subsidiary.

• A one-time gain from the sale of a subsidiary contributed to the net income increase.

Financial highlights

• Operating profit: ¥17,598 million (up 26.7% YoY); ordinary profit: ¥18,923 million (up 26.6% YoY).

• Net income attributable to shareholders: ¥13,782 million (up 35.5% YoY).

• Comprehensive income: ¥17,616 million (up 57.7% YoY).

• EPS: ¥195.84 (after stock split adjustment).

• Total assets: ¥141,295 million; equity ratio: 71.9%.

Outlook and guidance

• FY2027 forecast: revenue ¥92,000 million (down 7.9% YoY), operating profit ¥14,200 million (down 19.3%), net income ¥10,200 million (down 26.0%).

• Decline expected due to absence of one-time gains and continued competitive and cost pressures.

• Dividend forecast for FY2027: ¥43.50 per share (post-split basis).