For the fiscal year ending January 2026, a total special loss of approximately 6.5 billion yen was recorded. Net sales amounted to 218,329 million yen, 1.1% above the previous forecast. Operating income was 12,651 million yen, up 15.0%, and net income attributable to owners of parent was 3,151 million yen, down 55.0%.<\/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":"6966","jir_company_name":"Mitsui High-tec, Inc.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-03-11","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/6966-20260311-03.pdf","jir_short_summary":"For the fiscal year ending January 2026, a total special loss of approximately 6.5 billion yen was recorded. Net sales amounted to 218,329 million yen, 1.1% above the previous forecast. Operating income was 12,651 million yen, up 15.0%, and net income attributable to owners of parent was 3,151 million yen, down 55.0%.","jir_summary":"### Overview of Business Performance\nIn the fiscal year ending January 2026, the slow growth of the electric vehicle (BEV) market in Europe led to an expected profitability decline at consolidated subsidiary Mitsui High-tec (Europe) Espeso. Accordingly, special losses of 3,951 million yen due to impairment loss on manufacturing equipment and 2,591 million yen due to European business losses were recorded. Additionally, a loss on valuation of investment in associates amounting to 6,025 million yen was recorded in the individual financial statements but was eliminated in the consolidated financial statements and had no impact. Net sales exceeded the previous forecast at 218,329 million yen (+1.1%), operating income was 12,651 million yen (+15.0%), and ordinary income was 13,815 million yen (+38.2%).\n\n### Net Income Attributable to Owners of Parent and Impact\nDue to the recording of special losses, net income attributable to owners of parent was 3,151 million yen, falling 55.0% below the previous forecast. Although strong orders in the electronic components business, expense control, and foreign exchange gains contributed to net sales, operating income, and ordinary income exceeding forecasts, the impact of special losses heavily pressured net income. This matter has been reflected in the financial summary for the fiscal year ending January 2026.","jir_financial_highlights":"Net Sales: 218,329 million yen (vs. previous forecast +1.1%)\nOperating Income: 12,651 million yen (vs. previous forecast +15.0%)\nOrdinary Income: 13,815 million yen (vs. previous forecast +38.2%)\nNet Income Attributable to Owners of Parent: 3,151 million yen (vs. previous forecast -55.0%)\nSpecial Loss (Impairment Loss on Manufacturing Equipment): 3,951 million yen (Unknown)\nSpecial Loss (European Business Loss): 2,591 million yen (Unknown)\nLoss on Valuation of Investment in Associates (Individual Settlement): 6,025 million yen (Unknown)","jir_category":"","jir_hashtags":"#MitsuiHightec, #financial_summary, #EarningsRelease","jir_key_figures":"Net Sales: 218,329 million yen (vs. previous forecast +1.1%)\nOperating Income: 12,651 million yen (vs. previous forecast +15.0%)\nNet Income Attributable to Owners of Parent: 3,151 million yen (vs. previous forecast -55.0%)","jir_meta_title":"Mitsui High-tec, Inc. Announces Recording of Special Loss and Differences in Earnings Forecast for Fiscal Year Ending January 2026","jir_meta_description":"Mitsui High-tec, Inc. recorded a special loss of approximately 6.5 billion yen for the fiscal year ending January 2026. Net sales rose 1.1% vs. the previous forecast to 218,329 million yen, operating income increased 15.0% to 12,651 million yen, while net income decreased 55.0% to 3,151 million yen.","jir_og_title":"Mitsui High-tec FY Jan 2026: Special Loss Recorded and Earnings Forecast Differences","jir_og_description":"Significant decline in net income due to special loss recording. 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