For the fiscal year ending March 2026, net sales reached 45,673 million yen (up 1.2% YoY), marking a record high. Operating income was 6,723 million yen (down 2.5% YoY), and net income attributable to owners of parent was 4,696 million yen (down 2.8% YoY).<\/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":"7931","jir_company_name":"Mirai Kogyo Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2605","jir_publication_date":"2026-04-23","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/7931-20260423-01.pdf","jir_short_summary":"For the fiscal year ending March 2026, net sales reached 45,673 million yen (up 1.2% YoY), marking a record high. Operating income was 6,723 million yen (down 2.5% YoY), and net income attributable to owners of parent was 4,696 million yen (down 2.8% YoY).","jir_summary":"### Performance Overview\nConsolidated net sales for the fiscal year ending March 2026 increased 1.2% YoY to 45,673 million yen, setting a new record high. Operating income decreased 2.5% to 6,723 million yen, ordinary income decreased 2.4% to 6,899 million yen, and net income attributable to owners of parent decreased 2.8% to 4,696 million yen. The revenue growth was driven by price revisions in electrical materials, piping materials, and wiring devices, as well as new product launches, but rising raw material costs pressured profits. By segment, sales in the Electrical Materials and Piping Materials business totaled 34,733 million yen (down 0.1%), with operating income of 5,993 million yen (down 6.4%). The Wiring Devices business posted sales of 8,037 million yen (up 9.7%) and operating income of 872 million yen (up 25.0%).\n\n### Outlook and Dividend Policy\nThe challenging business environment is expected to persist due to a decline in housing starts, soaring raw material prices, and uncertain international conditions. The earnings forecast for Q1 of fiscal year ending March 2027 projects net sales of 11,820 million yen (up 1.2% YoY), operating income of 1,290 million yen (down 12.8%), ordinary income of 1,316 million yen (down 13.0%), and net income attributable to owners of parent of 877 million yen (down 15.0%). Full-year results are yet to be determined due to the impact of Middle East developments and will be announced once reasonably predictable. Dividends are planned at 145 yen per share for fiscal year ending March 2026 (payout ratio about 50%), with dividends for fiscal year ending March 2027 to be based on either a 50% payout ratio or 3% DOE, whichever is higher.","jir_financial_highlights":"Net Sales: 45,673 million yen (Up 1.2% YoY)\nOperating Income: 6,723 million yen (Down 2.5% YoY)\nOrdinary Income: 6,899 million yen (Down 2.4% YoY)\nNet Income Attributable to Owners of Parent: 4,696 million yen (Down 2.8% YoY)\nEquity Ratio: 80.7% (Up 1.5 points YoY)\nAnnual Dividend per Share: 145 yen (Down 5 yen YoY)\nOutstanding Shares at Fiscal Year-End: 25,607,086 shares (Unknown)","jir_category":"","jir_hashtags":"#MiraiKogyoCoLtd, #FinancialSummary, #JapaneseStocks","jir_key_figures":"Net Sales: 45,673 million yen (Up 1.2% YoY, record high)\nOperating Income: 6,723 million yen (Down 2.5% YoY)\nNet Income Attributable to Owners of Parent: 4,696 million yen (Down 2.8% YoY)","jir_meta_title":"[Mirai Kogyo] Fiscal Year Ending March 2026 Financial Results | Record High Sales of 45.7 Billion Yen","jir_meta_description":"Mirai Kogyo Co., Ltd. releases its financial summary for the fiscal year ending March 2026. Net sales rose to 45,673 million yen (up 1.2% YoY), marking a new record high. Operating income was 6,723 million yen (down 2.5% YoY) and net income was 4,696 million yen (down 2.8% YoY). Annual dividend declared at 145 yen per share.","jir_og_title":"[Mirai Kogyo] Fiscal Year Ending March 2026 Financial Results | Record High Sales of 45.7 Billion Yen","jir_og_description":"Mirai Kogyo\u2019s financial summary for the fiscal year ending March 2026 shows record high net sales, with an annual dividend of 145 yen per share planned.","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\": \"Net Sales Trend (Million Yen)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Fiscal Year Ending March 2024\\\",\\\"Fiscal Year Ending March 2025\\\",\\\"Fiscal Year Ending March 2026\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Net Sales\\\",\\\"data\\\":[44091,45113,45673],\\\"borderColor\\\":\\\"#007bff\\\",\\\"fill\\\":false}]},\\\"options\\\":{\\\"responsive\\\":true,\\\"plugins\\\":{\\\"legend\\\":{\\\"position\\\":\\\"top\\\"}},\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}, {\"jir_chart_id\": \"operating_profit_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Operating Income Trend (Million Yen)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Fiscal Year Ending March 2024\\\",\\\"Fiscal Year Ending March 2025\\\",\\\"Fiscal Year Ending March 2026\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Operating Income\\\",\\\"data\\\":[7332,6897,6723],\\\"borderColor\\\":\\\"#28a745\\\",\\\"fill\\\":false}]},\\\"options\\\":{\\\"responsive\\\":true,\\\"plugins\\\":{\\\"legend\\\":{\\\"position\\\":\\\"top\\\"}},\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}, {\"jir_chart_id\": \"net_profit_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Net Income Attributable to Owners of Parent Trend (Million Yen)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Fiscal Year Ending March 2024\\\",\\\"Fiscal Year Ending March 2025\\\",\\\"Fiscal Year Ending March 2026\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Net Income\\\",\\\"data\\\":[4902,4833,4696],\\\"borderColor\\\":\\\"#dc3545\\\",\\\"fill\\\":false}]},\\\"options\\\":{\\\"responsive\\\":true,\\\"plugins\\\":{\\\"legend\\\":{\\\"position\\\":\\\"top\\\"}},\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}, {\"jir_chart_id\": \"segment_revenue_breakdown\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Segment Net Sales (Million Yen)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Electrical Materials and Piping Materials\\\",\\\"Wiring Devices\\\",\\\"Others\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Fiscal Year Ending March 2025\\\",\\\"data\\\":[34784,7329,2999],\\\"backgroundColor\\\":[\\\"#007bff\\\",\\\"#28a745\\\",\\\"#ffc107\\\"]},{\\\"label\\\":\\\"Fiscal Year Ending March 2026\\\",\\\"data\\\":[34733,8037,2902],\\\"backgroundColor\\\":[\\\"#0056b3\\\",\\\"#1e7e34\\\",\\\"#e0a800\\\"]}]},\\\"options\\\":{\\\"responsive\\\":true,\\\"plugins\\\":{\\\"legend\\\":{\\\"position\\\":\\\"top\\\"}},\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}, {\"jir_chart_id\": \"operating_profit_by_segment\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Operating Income by Segment (Million Yen)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Electrical Materials and Piping Materials\\\",\\\"Wiring Devices\\\",\\\"Others\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Fiscal Year Ending March 2025\\\",\\\"data\\\":[6400,698,571],\\\"backgroundColor\\\":[\\\"#007bff\\\",\\\"#28a745\\\",\\\"#ffc107\\\"]},{\\\"label\\\":\\\"Fiscal Year Ending March 2026\\\",\\\"data\\\":[5993,872,711],\\\"backgroundColor\\\":[\\\"#0056b3\\\",\\\"#1e7e34\\\",\\\"#e0a800\\\"]}]},\\\"options\\\":{\\\"responsive\\\":true,\\\"plugins\\\":{\\\"legend\\\":{\\\"position\\\":\\\"top\\\"}},\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}]","ir_related_company":16740,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-41869","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n