MERF revised upward its full-year consolidated earnings forecast for FY2026 to net sales of 105.98 billion yen (an 18.8% increase from the previous forecast), operating income of 4.561 billion yen (a 65.5% increase), and net income attributable to owners of parent of 2.814 billion yen (a 51.9% increase). The main factors are strong progress through the third quarter and passing on increased copper prices to sales prices.<\/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":"3168","jir_company_name":"MERF Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-07-13","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/07\/3168-20260713-01.pdf","jir_short_summary":"MERF revised upward its full-year consolidated earnings forecast for FY2026 to net sales of 105.98 billion yen (an 18.8% increase from the previous forecast), operating income of 4.561 billion yen (a 65.5% increase), and net income attributable to owners of parent of 2.814 billion yen (a 51.9% increase). The main factors are strong progress through the third quarter and passing on increased copper prices to sales prices.","jir_summary":"### Earnings Overview\nMERF revised its full-year consolidated earnings forecast for FY2026 to net sales of 105.98 billion yen, operating income of 4.561 billion yen, and net income attributable to owners of parent of 2.814 billion yen. The main factors are strong progress through the third quarter and the passing on of rising copper prices through sales price adjustments, as well as contributions from its US subsidiary. These revisions have significantly improved the outlook for sales and profits.\n\n### Future Outlook and Investor Impact\nGoing forward, the company expects stable earnings growth by closely monitoring demand and copper price trends. It will continue to respond to rising raw material costs while aiming to enhance profitability. For investors, the upward revision of strong earnings and the positive outlook are attractive points.","jir_financial_highlights":"Net Sales: 105,980 million yen (Comparison with previous forecast +18.8%)\nOperating Income: 4,561 million yen (Comparison with previous forecast +65.5%)\nNet Income Attributable to Owners of Parent: 2,814 million yen (Comparison with previous forecast +51.9%)","jir_category":"","jir_hashtags":"#MERF, #EarningsRevision, #JapaneseStocks","jir_key_figures":"Net Sales: 105,980 million yen (upward revision)\nOperating Income: 4,561 million yen (upward revision)\nNet Income Attributable to Owners of Parent: 2,814 million yen (upward revision)","jir_meta_title":"\u3010MERF\u3011Upward Revision of Full-Year Earnings Guidance for FY2026\uff5cJuly 2026","jir_meta_description":"MERF upwardly revised its full-year earnings guidance for FY2026 to net sales of 105.80 billion yen and operating income of 4.561 billion yen. The main factors are strong progress and rising copper prices.","jir_og_title":"\u3010MERF\u3011Revision of FY2026 Earnings Forecast\uff5cSales Increase","jir_og_description":"MERF has upwardly revised its FY2026 earnings forecast. We explain the factors behind the increase in sales and profits and the outlook going forward.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":59083,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-79882","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n