For the six-month period ended March 2027, consolidated net sales amounted to 55,280 hundred million yen (+13.5% YoY), operating income was 11,068 million yen (+16.9%), and net income attributable to owners of parent was 8,472 million yen (+16.2%). Full-year forecasts were revised upward, and the annual dividend per share forecast was raised to 43 yen. Segment-wise, the Machinery segment continued to perform strongly, including the impact of newly acquired subsidiaries. Some segments faced negative factors, but overall the company achieved revenue and profit growth. Full-year projections for the fiscal year ending March 2027 were 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":"6454","jir_company_name":"Max Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-10-29","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/6454-20261029-03.pdf","jir_short_summary":"For the six-month period ended March 2027, consolidated net sales amounted to 55,280 hundred million yen (+13.5% YoY), operating income was 11,068 million yen (+16.9%), and net income attributable to owners of parent was 8,472 million yen (+16.2%). Full-year forecasts were revised upward, and the annual dividend per share forecast was raised to 43 yen. Segment-wise, the Machinery segment continued to perform strongly, including the impact of newly acquired subsidiaries. Some segments faced negative factors, but overall the company achieved revenue and profit growth. Full-year projections for the fiscal year ending March 2027 were revised upward.","jir_summary":"### Performance Overview\nNet sales for the second quarter rose substantially year on year, driven particularly by steady demand in industrial equipment and office equipment. By segment, Industrial Equipment recorded net sales of 42,563 million yen and operating income of 11,833 million yen, serving as the company's growth driver. The Office Equipment segment posted net sales of 11,219 million yen and segment profit of 1,834 million yen. HC equipment faced some challenges with net sales of 1,497 million yen. Adjusted consolidated operating income was 11,068 million yen, ordinary income was 11,172 million yen, and net income was 8,472 million yen. The full-year outlook was revised upward, and the dividend per share forecast was raised to 43 yen.\n\n### Outlook and Capital Policy\nFull-year consolidated forecasts were revised upward after reviewing underlying assumptions. The dividend policy aims to maintain a return on equity-based payout ratio of 6.0% and a payout ratio target of 50%. Annual dividend per share is estimated at 43 yen. Attention should be paid to the financial structure given treasury stock acquisitions and increases in goodwill associated with subsidiary acquisitions. The impact related to newly acquired MAX Scandinavia AB (Bo Fastening AB) has been recorded in the Industrial Equipment segment, and bargain purchase gains have also been recognized.","jir_financial_highlights":"Net Sales: 55,280 (YoY +13.5%)\nOperating Income: 11,068 (YoY +16.9%)\nNet Income Attributable to Owners of Parent: 8,472 (YoY +16.2%)\nBasic Earnings per Share (interim): 47.74 yen (YoY \u2212)\nEquity Ratio: 80.7% (YoY \u22122.9 points)","jir_category":"","jir_hashtags":"#MaxCoLtd, #Earnings, #InterimResults, #BySegment, #DividendPolicy","jir_key_figures":"Net Sales: 55,280 million yen (YoY +13.5%)\nOperating Income: 11,068 million yen (YoY +16.9%)\nNet Income Attributable to Owners of Parent: 8,472 million yen (YoY +16.2%)","jir_meta_title":"Max Co., Ltd. Interim Financial Summary for FY Mar 2027 | Net Sales 55,280 million yen (+13.5%)","jir_meta_description":"Key points from Max Co., Ltd.'s interim financial summary for FY Mar 2027: net sales 55,280 million yen, operating income 11,068 million yen, net income 8,472 million yen. Includes revised full-year outlook and dividend policy.","jir_og_title":"Max Co., Ltd. Financial Summary for the Six-Month Period Ended March 2027","jir_og_description":"Max Co., Ltd. reported higher net sales of 55,280 million yen, operating income of 11,068 million yen, and net income of 8,472 million yen for the second quarter. Full-year outlook revisions and dividend policy disclosed.","jir_og_image_url":"\/assets\/og\/company-financial_summary.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\\\":[\\\"2026\/9\\\",\\\"2026\/12\\\",\\\"2027\/3\\\",\\\"2027\/6\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Net Sales\\\",\\\"data\\\":[55280,???]}]}}\"}, {\"jir_chart_id\": \"operating_profit_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Operating Income Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"2026\/9\\\",\\\"2026\/12\\\",\\\"2027\/3\\\",\\\"2027\/6\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Operating Income\\\",\\\"data\\\":[11068,???]}]}}\"}, {\"jir_chart_id\": \"segment_revenue_breakdown\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Segment Revenue Breakdown\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Office Equipment\\\",\\\"Industrial Equipment\\\",\\\"HCR Equipment\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Net Sales\\\",\\\"data\\\":[11219,42563,1497]}]}}\"}, {\"jir_chart_id\": \"margin_analysis\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Segment Margin Analysis\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Office Equipment\\\",\\\"Industrial Equipment\\\",\\\"HCR Equipment\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Segment Profit Margin\\\",\\\"data\\\":[16.4,27.8,-3.4]}]}}\"}, {\"jir_chart_id\": \"guidance_comparison\", \"jir_chart_type\": \"table\", \"jir_chart_title\": \"Guidance Comparison\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"table\\\",\\\"data\\\":{}}\"}]","ir_related_company":8164,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-136632","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n