【Mikasa Industry】Consolidated Earnings Forecast and Dividend Revision｜July 23, 2026

Performance Overview

Mikasa Industry announced on July 23, 2026, the actual results and forecast differences for the first quarter of the fiscal year ending March 2027. The sales reached a record high of 12,764 million yen, and operating income increased significantly to 1,945 million yen. Thanks to the strong first quarter, the full-year earnings forecast was also revised upward, with sales expected to reach 48,530 million yen and net income to 4,342 million yen. Despite increases in raw material and transportation costs, demand growth and price adjustments have secured profits.

Outlook and Impact on Shareholders

The upward revision of the full-year earnings forecast suggests increases in both sales and net income. Dividends have also been raised, with the annual dividend now set at 135 yen. Although the second quarter results are yet to be announced, continued demand growth and cost management are expected to ensure stable performance in the second half. While risks from geopolitical factors and raw material price fluctuations remain, diversification of supply chains is being leveraged to mitigate these risks.