MK Seiko (5906) Q2 2026 earnings summary

Executive summary

• Revenue for the first half/second quarter was ¥14,167 million, down 4.5% year-over-year, with operating profit at ¥1,232 million (down 18.6%) and ordinary profit at ¥1,317 million (down 13.5%).

• Net profit attributable to shareholders rose 23.9% year-over-year to ¥1,251 million, driven by a special gain from the sale of a hotel-related subsidiary.

• The company continued to restructure its business portfolio, focusing on core operations and divesting non-core assets.

Financial highlights

• Revenue: ¥14,167 million (down 4.5% year-over-year).

• Operating profit: ¥1,232 million (down 18.6% year-over-year).

• Ordinary profit: ¥1,317 million (down 13.5% year-over-year).

• Net profit: ¥1,251 million (up 23.9% year-over-year, record high due to special gain from hotel business sale).

• Gross profit: ¥4,995 million, gross margin 35.3%.

• EPS for the interim period: ¥88.20, up from ¥67.25.

• Total assets: ¥29,322 million; net assets: ¥17,554 million.

• Cash and equivalents at period-end: ¥2,627 million (up ¥398 million year-over-year, up ¥112 million from previous year-end).

Outlook and guidance

• Full-year revenue forecast: ¥27,800 million (down 1.7% year-over-year).

• Full-year operating profit forecast: ¥1,700 million (down 14.7%).

• Full-year net profit forecast: ¥1,350 million (up 1.2%).

• EPS forecast: ¥95.17.

• No changes to previously announced guidance.