Mikuni Corporation Financial Summary for the Second Quarter (Interim) of the Fiscal Year Ending March 2027

Performance Overview

For the second quarter of the fiscal year ending March 2027, consolidated net sales were 54,457 million yen (YoY +10.3%), operating income was 1,749 million yen (YoY -7.9%), ordinary income was 2,149 million yen (YoY +27.3%), and net income attributable to owners of parent for the interim period was 1,015 million yen (YoY +14.2%). By segment, Mobility performed well with net sales of 45,352 million yen and a decrease in operating income of 8.63 million yen; Gas Techno saw sales decline to the 2,000 million yen range and an operating loss of approximately 359 million yen; Trading recorded significant revenue and profit growth with net sales of 5,851 million yen and operating income of 1,174 million yen. Other segments saw some declines in sales and profits. The full-year outlook remains net sales of approximately 1,100,000 million yen, operating income of approximately 43,000 million yen and net income of approximately 17,000 million yen.

Financial Position and Outlook

At the end of the interim period, total assets were 112,603 million yen, net assets were 42,915 million yen, and the equity ratio was 37.3%, indicating stability. Current assets expanded due to increases in cash and deposits and inventories. While short-term borrowings increased, declines in long-term borrowings resulted in a relatively healthy financing structure. The full-year forecast announced on May 29, 2027 remains unchanged. Key items to monitor going forward include segment trends (continued strength in Mobility, room for improvement in Gas Techno, and replacement demand in Trading) and the impact of foreign exchange movements.