Mikikogyo Co., Ltd.
Q3 Financial Summary for Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated)
For Q3 of the fiscal year ending December 2026, revenue was 28,842 million yen (YoY +5.4%), operating income was 1,458 million yen (YoY -29.6%), ordinary income was 1,421 million yen (YoY -30.4%), and quarterly net income attributable to owners of parent was 925 million yen (YoY -26.8%). Full-year forecasts assume revenue of 40,000 million yen (an increase of 4,000 million yen), operating income of 1,800 million yen, ordinary income of 1,800 million yen, net income of 1,100 million yen, and earnings per share of 335.51 yen. Metrics adjusted for a stock split are also disclosed. By segment, Construction reported revenue of 19,033 million yen and operating income of 1,085 million yen; Housing reported revenue of 9,631 million yen and operating income of 364 million yen; Others reported revenue of 177 million yen and operating income of 7 million yen. Total assets and equity ratio were 35,585 million yen and 49.5%, respectively.
Key Figures
- Revenue: 28,842 million yen (YoY +5.4%)
- Operating Income: 1,458 million yen (YoY -29.6%)
- Ordinary Income: 1,421 million yen (YoY -30.4%)
AI要約
Overview of Performance
Revenue in the quarter remained firm, increasing 5.4% year-on-year to 28,842 million yen. However, due to higher costs, operating income, ordinary income and net income fell below the prior-year levels. In particular, increased personnel expenses had a significant impact, and gains on sales of rental real estate contributed less than in the same period last year. By segment, Construction continued to drive revenue, but rising costs of sales and higher personnel expenses reduced profit margins. Housing experienced reduced profitability due to fewer sales opportunities year-on-year. The Others segment remained stable. The full-year forecast is maintained within the current assumptions, with expected revenue of 40,000 million yen and net income of 1,100 million yen. A stock split has been implemented and per-share metrics have been adjusted accordingly.
Impact on Shareholders and Outlook
This fiscal year, revenue growth was accompanied by cost increases that pressured profits. Per-share metrics have been adjusted following the stock split. The full-year outlook carries risks of sideways to downside revisions, but improvements in capital efficiency and the financial base are suggested. There are no major revisions to earnings planned at this time, and capital policy will be an area of focus for shareholder returns.
Mikikogyo Co., Ltd.
Company overview · Stock price · Financial data · All IR
