Mitsubishi Pencil (7976) Q3 2026 earnings summary

Executive summary

• Nine-month net sales and gross profit reached record highs; operating profit rose 38.7% YoY on higher sales and a lower SG&A ratio.

• Overseas sales reached 60.0% of total, with growth across major regions; FY2026 forecasts remained unchanged.

Financial highlights

• Net sales were ¥69,825 million, up 9.0% YoY; gross profit rose 9.9% to ¥35,628 million from ¥32,427 million.

• Operating profit increased 38.7% to ¥9,083 million; ordinary profit rose 38.7% to ¥9,347 million.

• Profit attributable to owners was ¥6,115 million, up 53.2% YoY; comprehensive income was ¥11,971 million vs ¥7,969 million.

• Operating cash flow was ¥13,432 million; cash and cash equivalents ended September at ¥40,370 million.

Outlook and guidance

• FY2026 forecast: net sales ¥95,500 million, operating profit ¥11,500 million, ordinary profit ¥12,000 million and attributable profit ¥8,000 million; forecasts were not revised.

• Nine-month progress was 73.1% of sales, 79.0% of operating profit, 77.9% of ordinary profit and 76.4% of attributable profit forecasts; results generally tracked plan.

• Forecast average exchange rates are ¥158.00/$ and ¥184.00/€; nine-month averages were ¥158.60/$ and ¥184.18/€. Forecast basic EPS is ¥155.44.