Financial Summary for the Fiscal Year Ended September 2026 [Japanese GAAP] (Consolidated) (Summary)

Summary of Performance

Mitsubishi Research Institute, Inc.'s consolidated results for the fiscal year ended September 2026 show net sales of 126,059 million yen, an increase from the previous year, and operating income of 8,395 million yen, maintaining a trend of profit growth. Ordinary income was 9,741 million yen, nearly flat, and net income attributable to owners of parent was 6,421 million yen, a slight increase. By segment, TTC recorded external net sales of 53,379 million yen and increased sales, while ITS decreased to 72,679 million yen. For the next fiscal year, the company forecasts net sales of 132,000 million yen, operating income of 7,500 million yen, ordinary income of 9,500 million yen, and net income of 6,200 million yen. The company expects annual dividends of 180 yen and will continue its stable dividend policy.

Outlook and Capital Allocation

The formulation of the Mid-term Management Plan 2029 began in the previous year, and the company will strengthen AI and data utilization, security, and investment in human capital. While next fiscal year’s net sales are expected to increase, operating income is expected to decline. The dividend policy is based on a 40% payout ratio under the Mid-term Plan 2026, and from fiscal 2027 the company aims for progressive dividend increases. Retained earnings will be used for human capital investment, research and policy proposal investment, and future business investment, capital expenditure, and M&A.