Announced the Q3 FY2026 financial results. Revenue was 1,957 million yen, operating income 347 million yen. Ordinary income 7 million yen, net income attributable to parent company shareholders 11 million yen. Full-year guidance: revenue 4,500 million yen, operating income 580 million yen, ordinary income 300 million yen, net income attributable to parent company shareholders 240 million yen. Although there were concerns about a downside due to Bitcoin impairment, recovery is expected from the year-end large property sale. Going forward, aim to strengthen cash flow through the sale of possession real estate and to reinforce investment opportunities.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"3121","jir_company_name":"Merchant Banks Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-09-11","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/09\/3121-20260911-02.pdf","jir_short_summary":"Announced the Q3 FY2026 financial results. Revenue was 1,957 million yen, operating income 347 million yen. Ordinary income 7 million yen, net income attributable to parent company shareholders 11 million yen. Full-year guidance: revenue 4,500 million yen, operating income 580 million yen, ordinary income 300 million yen, net income attributable to parent company shareholders 240 million yen. Although there were concerns about a downside due to Bitcoin impairment, recovery is expected from the year-end large property sale. Going forward, aim to strengthen cash flow through the sale of possession real estate and to reinforce investment opportunities.","jir_summary":"### Summary of Performance\nFor this results period, records show revenue of 1,957 million yen and operating income of 347 million yen for the third quarter. In Q1, overseas dividends of 165 million yen were recorded as a one-off item, and dividend income still affected the third quarter. Bitcoin impairment reduced ordinary income to 7 million yen and net income attributable to owners of parent to 11 million yen. However, a year-end sale of a large property is expected to improve progress toward the full-year plan.\n\n### Outlook and Strategy\nWith the effect of the large property sale in Q4, operating income is expected to be 330 million yen. Additional property sale plans exist, and the full-year guidance remains: revenue 4,500 million yen, operating income 580 million yen, ordinary income 300 million yen, net income attributable to owners of parent 240 million yen. Going forward, intends to maintain cash flow through selling held real estate and strengthen investment opportunities including lending, M&A, and equity investments.","jir_financial_highlights":"Revenue: 1,957 (YoY not disclosed)\nOperating income: 347 (YoY not disclosed)\nOrdinary income: 7 (YoY not disclosed)\nNet income attributable to owners of parent: 11 (YoY not disclosed)\nFull-year revenue guidance: 4,500 (YoY not disclosed)\nFull-year operating income guidance: 580 (YoY not disclosed)\nFull-year ordinary income guidance: 300 (YoY not disclosed)\nFull-year net income attributable to owners of parent guidance: 240 (YoY not disclosed)","jir_category":"","jir_hashtags":"#MerchantBanks, #Earnings, #ThisPeriodGuidance, #RealEstateSales, #OverseasDividend","jir_key_figures":"Revenue: 1,957 million yen\nOperating income: 347 million yen\nOrdinary income: 7 million yen\nNet income attributable to owners of parent: 11 million yen","jir_meta_title":"Merchant Banks Co., Ltd. Q3 FY2026 Financial Summary | Revenue 1,957 million yen; Full-year guidance 4,500 million yen","jir_meta_description":"Summary of Merchant Banks Co., Ltd.'s Q3 FY2026 financial results. Details of revenue, operating income, ordinary income, and net income, along with full-year guidance, Bitcoin impairment impact, and plans for real estate sales and investment strengthening.","jir_og_title":"Merchant Banks Co., Ltd. Q3 FY2026 Financial Summary","jir_og_description":"Q3 financial summary announced. Revenue 1,957 million yen, operating income 347 million yen, full-year guidance: revenue 4,500 million yen, operating income 580 million yen. Going forward, aims to strengthen cash flow via real estate sales and expand investment opportunities.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":59567,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-113169","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n