Midac Holdings revises interim financial results after administrative errors

Midac Holdings Co., Ltd. has issued a correction to its "Consolidated Financial Results for the Six Months Ended September 30, 2025 (Under Japanese GAAP)," initially announced on November 14, 2025. The company stated that administrative errors led to inaccuracies in the original report, prompting the need for revisions.

In the waste treatment business segment, corrected net sales now stand at JPY 4,358 million, representing a 9.5% increase, while segment profit remains unchanged at JPY 2,357 million (+13.5%). The collection and transportation business saw its corrected net sales adjusted to JPY 935 million, a 3.5% decrease, with segment profit at JPY 209 million (-26.2%).

For the intermediary management business, corrected net sales are JPY 74 million, marking a 21.0% increase, and segment profit is JPY 53 million, up 25.4%. These adjustments aim to provide accurate financial information following the discovery of the initial discrepancies.