Revised downward the earnings guidance for the second quarter and full year. Consolidated revenue revised from 16,065 million yen to 14,653 million yen for the interim period, and from 33,959 million yen to 32,954 million yen for the full year. Although interim revenue decreased, interim net income increased due to accelerated recognition for election system standardization and gains on sale of policy holdings. Full-year results are expected to be lower, but net income attributable to owners of the parent has been revised upward.<\/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,"price_fetched_at":"","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":"7521","jir_company_name":"Musashi Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-10-27","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/7521-20261027-01.pdf","jir_short_summary":"Revised downward the earnings guidance for the second quarter and full year. Consolidated revenue revised from 16,065 million yen to 14,653 million yen for the interim period, and from 33,959 million yen to 32,954 million yen for the full year. Although interim revenue decreased, interim net income increased due to accelerated recognition for election system standardization and gains on sale of policy holdings. Full-year results are expected to be lower, but net income attributable to owners of the parent has been revised upward.","jir_summary":"### Revision to Earnings Guidance\nThis document announces that Musashi Co., Ltd. has revised its second-quarter (interim) and full-year earnings guidance for the fiscal year ending March 2027. Consolidated revenue for the second quarter is expected to fall short of the previous forecast, while profit items are expected to exceed prior forecasts due to accelerated recognition related to standardization work for the election system and gains on the sale of policy holdings. On a full-year basis, a downward revision is also expected, but net income attributable to owners of the parent has been revised upward. Segment results follow a similar pattern to consolidated results, with ordinary income expected to increase. Overall, the revision reflects a simultaneous revenue downside and profit upside.\n\n### Impact on Investors and Outlook\nThe revenue shortfall is driven by weak sales in digitalization-related products, printing equipment, and currency handling machines. Profits are expected to exceed prior forecasts contributed by accelerated recognition for election system standardization and gains on the sale of policy holdings. Looking ahead, efforts will be needed in the second half to offset the downturn, and full-year net income may fall below prior forecasts; however, factors strengthening after-tax profit may persist.","jir_financial_highlights":"Revenue: 14,653 (Previous forecast (A) 16,065 \u2192 Revised forecast (B) 14,653, -1,412)\nOperating Income: 158 (Previous forecast 27 \u2192 Revised 158, change 131)\nOrdinary Income: 250 (Previous forecast 85 \u2192 Revised 250, change 165)\nInterim Net Income Attributable to Owners of Parent: 293 (Previous forecast 22 \u2192 Revised 293, change 271)\nInterim Net Income Per Share: 43.00 yen (Previous forecast 3.23 yen \u2192 Revised 43.00 yen)\nNet Income: 589 (Previous forecast 391 \u2192 Revised 589)\nNet Income Per Share: 86.44 yen (Previous forecast 57.38 yen \u2192 Revised 86.44 yen)\nRevenue (Full Year): 32,954 (Previous forecast 33,959 \u2192 Revised 32,954)\nOrdinary Income (Full Year): 732 (Previous forecast 732 \u2192 Revised 732)\nNet Income Attributable to Owners of Parent (Full Year): 589 (Previous forecast 391 \u2192 Revised 589)","jir_category":"","jir_hashtags":"#Musashi, #EarningsGuidanceRevision, #EarningsRelease","jir_key_figures":"Revenue (Interim): 16,065 million yen \u2192 14,653 million yen\nInterim Net Income \/ Interim Net Income Per Share: 22 million yen \u2192 293 million yen \/ 3.23 yen \u2192 43.00 yen\nFull Year Revenue: 33,959 million yen \u2192 32,954 million yen","jir_meta_title":"Musashi Co., Ltd. Revises Earnings Guidance | Interim and Full-Year Revenue Down, Net Income Revised Up","jir_meta_description":"Musashi Co., Ltd. has revised its interim and full-year earnings guidance for the fiscal year ending March 2027. Consolidated revenue is revised down, while net income is expected to be higher. Investors should monitor second-half recovery and profit trends.","jir_og_title":"Musashi Co., Ltd. Announces Revision to Earnings Guidance | Interim & Full-Year Highlights","jir_og_description":"Musashi Co., Ltd. revised its interim and full-year earnings guidance for FY ending March 2027. Revenue is down, net income is up. Summary of key points affecting investment decisions.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[{\"jir_chart_id\": \"revenue_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Revenue Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Q2\\\",\\\"Full Year\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Revenue\\\",\\\"data\\\":[14053,32954]}]},\\\"options\\\":{}}\"}, {\"jir_chart_id\": \"operating_profit_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Operating Income Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Q2\\\",\\\"Full Year\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Operating Income\\\",\\\"data\\\":[158,0]}]},\\\"options\\\":{}}\"}, {\"jir_chart_id\": \"net_income_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Net Income Attributable to Owners of Parent Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Q2\\\",\\\"Full Year\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Net Income\\\",\\\"data\\\":[293,589]}]},\\\"options\\\":{}}\"}, {\"jir_chart_id\": \"net_profit_per_share\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Net Income Per Share Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Q2\\\",\\\"Full Year\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Net Income Per Share\\\",\\\"data\\\":[43.00,86.44]}]},\\\"options\\\":{}}\"}, {\"jir_chart_id\": \"margin_analysis\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Margin Analysis\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Interim\\\",\\\"Full Year\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Ordinary Income Margin\\\",\\\"data\\\":[null, null]}]},\\\"options\\\":{}}\"}]","ir_related_company":57983,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"earnings_guidance","footnotes":""},"sector":[],"importance":[],"class_list":["post-134792","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n