Mitsuba Corporation

2026/11/11 12:12 Updated
Market Cap: $353.1M (¥56.0B)
Stock Price: $7.68 (¥1,217)
Exchange Rate: 1 USD = ¥158.48

Fiscal Year Ending March 2027 Second Quarter (Interim) Financial Summary [Japanese GAAP] (Consolidated)

Net sales 176,002 million yen (Year-over-Year +5.2%), but operating income 8,462 million yen (−14.9%) and interim net income attributable to owners of parent 4,438 million yen (−31.9%). Full-year forecasts for FY2027 remain unchanged: net sales 340,000 million yen, operating income 19,000 million yen, and net income attributable to owners of parent 11,500 million yen. By segment, Automotive-related: 165,068 million yen, Information Services: 10,103 million yen, Other: 2,782 million yen. Cash and deposits decreased; reduction in long-term borrowings improved the financial position.

Importance:
Page Updated: November 11, 2026
IR Disclosure Date: November 11, 2026

Key Figures

  • Net sales: 176,002 million yen (Year-over-Year +5.2%)
  • Operating income: 8,462 million yen (Year-over-Year -14.9%)
  • Interim net income attributable to owners of parent: 4,438 million yen (Year-over-Year -31.9%)

AI要約

Overview of Results

Consolidated results for the period recorded net sales of 176,002 million yen, a 5.2% increase year-over-year, while operating income decreased to 8,462 million yen (−14.9%) due to factors including higher material costs. Ordinary income was 7,624 million yen (−25.9%), and interim net income attributable to owners of parent was 4,438 million yen (−31.9%), marking a significant decline. By segment, Automotive-related business recorded net sales of 165,068 million yen, Information Services recorded 10,103 million yen, and Other business recorded 2,782 million yen. Global expansion including emerging markets and foreign exchange effects influenced the results.

Outlook and Capital Position

The full-year forecast remains unchanged from the previous announcement, with net sales of 340,000 million yen, operating income of 19,000 million yen, and net income attributable to owners of parent of 11,500 million yen; no revisions were made in the latest supplemental briefing materials. The financial position remains on a stable footing with total assets of 336,468 million yen, net assets of 126,602 million yen, and a shareholders' equity ratio of 35.0%. Cash flows show net cash provided by operating activities of 11,493 million yen, net cash used in investing activities of −6,476 million yen, and net cash used in financing activities of −15,315 million yen, indicating tight liquidity trends. No capital policy such as acquisition or cancellation of treasury stock was reported.

Revenue Trend

Operating Income Trend

Revenue by Segment

Margin Analysis

Comparison of Guidance and Results

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Mitsuba Corporation

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