Mitani Corporation boosts interim profit forecast on strong segment performance

Mitani Corporation has revised its consolidated performance forecast for the second quarter (interim) of the fiscal year ending March 2026, covering the period from April 1, 2025, to September 30, 2025. The company now projects net sales of JPY 159,000 million, an increase of JPY 11,000 million (7.4%) from the previously announced forecast of JPY 148,000 million.

Operating profit is expected to reach JPY 14,500 million, a rise of JPY 1,800 million (14.2%) from JPY 12,700 million. Ordinary profit is revised to JPY 16,200 million, up JPY 2,700 million (20.0%) from JPY 13,500 million. Net income attributable to owners of the parent is projected at JPY 10,400 million, an increase of JPY 2,200 million (26.8%) from JPY 8,200 million, with interim net income per share at JPY 124.35.

The upward revision is attributed to a smaller-than-anticipated decrease in demand for construction materials and petroleum products, alongside strong sales in the spice business. For the full-year consolidated performance forecast, Mitani Corporation plans to keep the previously announced figures unchanged, with any further revisions to be announced promptly if deemed necessary.