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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\/6966-20260311-04.pdf","jir_short_summary":"For the fiscal year ending January 2028, net sales are downward revised by 15.2% from 310,000 million yen to 263,000 million yen, operating income is lowered by 36.2% from 23,500 million yen to 15,000 million yen, and capital expenditures are also curtailed from 110 billion yen to 96 billion yen.","jir_summary":"### Overview of Revision to Financial Targets in Medium-Term Management Plan\nMitsui High-tec, Inc. has revised the financial targets for the fiscal year ending January 2028 in its medium-term management plan (fiscal years 2026 to 2028) announced on March 11, 2025. Net sales have been significantly lowered by 15.2% from 310,000 million yen to 263,000 million yen, and operating income has been sharply reduced by 36.2% from 23,500 million yen to 15,000 million yen. The operating income margin has also declined from 7.6% to 5.7%. ROE has been reduced from 12.0% or higher to 8.0% or higher, and ROIC adjusted from 7.0% or higher to 5.0% or higher. Capital expenditures over three years have been curtailed by 12.7%, from 110,000 million yen to 96,000 million yen.\n\n### Reasons for Revision and Future Outlook\nThe main reasons for the revision are the slowing growth of the electric vehicle market in the electronic components business and the delayed recovery in the legacy semiconductor market within the electronic components segment. Accordingly, sales and profit targets have been adjusted to more realistic levels, and capital expenditure plans have been curtailed based on the market environment. Going forward, the company plans to carefully monitor market trends and respond flexibly to achieve the revised targets.","jir_financial_highlights":"Net Sales: 263,000 million yen (Down 47,000 million yen (\u221215.2%) from initial 310,000 million yen)\nOperating Income: 15,000 million yen (Down 8,500 million yen (\u221236.2%) from initial 23,500 million yen)\nOperating Income Margin: 5.7% (Down 1.9 points from initial 7.6%)\nROE: 8.0% or higher (Down 4.0 points or more from initial 12.0% or higher)\nROIC: 5.0% or higher (Down 2.0 points or more from initial 7.0% or higher)\nCapital Expenditures (3-year total): 96,000 million yen (Down 14,000 million yen (\u221212.7%) from initial 110,000 million yen)","jir_category":"","jir_hashtags":"#MitsuiHigh-tec, #MediumTermManagementPlan, #FinancialTargetRevision, #JapaneseStocks","jir_key_figures":"Net Sales: 263,000 million yen (post-revision for fiscal year ending January 2028)\nOperating Income: 15,000 million yen (post-revision for fiscal year ending January 2028)\nCapital Expenditures (3-year total): 96,000 million yen (post-revision)","jir_meta_title":"Mitsui High-tec Revises Medium-Term Management Plan Financial Targets: Net Sales Down 15.2%, Operating Income Down 36.2%","jir_meta_description":"Mitsui High-tec has downward revised its net sales to 263,000 million yen and operating income to 15,000 million yen for the fiscal year ending January 2028 in its medium-term management plan. Capital expenditures have been curtailed to 96 billion yen reflecting changes in the market environment.","jir_og_title":"Mitsui High-tec Downgrades Financial Targets in Medium-Term Management Plan","jir_og_description":"In response to slowing growth in the electric vehicle market and other factors, net sales and operating income targets have been significantly revised downward. Capital expenditures have also been curtailed.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":9276,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"business_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-34249","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n