Miura (6005) Q4 2026 earnings summary

Executive summary

• Achieved record-high revenue and profits for FY2026, with significant year-over-year growth in all profit metrics, driven by strong domestic sales and overseas contributions from Cleaver-Brooks and CERTUSS.

• Updated capital allocation policy prioritizes growth investments and targets at least 33% EPS growth over the next three years.

• Ongoing transformation of Cleaver-Brooks, focusing on quality, customer engagement, and operational stability.

• Segment classification revised to Japan, Americas, and Asia and Others.

Financial highlights

• Revenue rose to ¥268.7 billion (+6.9% YoY), operating profit reached ¥30.9 billion (+22.1% YoY), and profit attributable to owners was ¥27.6 billion (+20.7% YoY).

• Gross profit increased to ¥101.6 billion from ¥94.2 billion YoY.

• Comprehensive income surged to ¥46.9 billion, up from ¥14.1 billion YoY.

• Cash and cash equivalents increased to ¥69.0 billion, and total equity rose to ¥244.5 billion.

• Net cash provided by operating activities was ¥42.4 billion, while investing and financing activities used ¥7.2 billion and ¥24.2 billion, respectively.

Outlook and guidance

• FY2027 revenue forecast at ¥284.5 billion (+5.9% YoY) and operating profit at ¥32.6 billion (+5.4% YoY).

• Profit attributable to owners of parent projected at ¥28.5 billion, with a planned annual dividend of ¥74 per share.

• Medium-term plan targets ¥300 billion revenue and ¥36.5 billion operating profit by FY2028.

• Aims for EPS growth of at least 33% over three years and ROE above 12%.

• Management expects stable domestic capital investment demand but notes rising material and logistics costs.