For the first quarter of the fiscal year ending March 2027, the consolidated results show net sales of 11,427,000,000 yen, down 22.4% YoY, operating income of 341,000,000 yen, ordinary income of 465,000,000 yen, and net income attributable to owners of the parent of 431,000,000 yen. The next quarter’s outlook remains unchanged. Orders increased due to large-scale projects from MM Bridge, but overall progress on large projects slowed and small-scale projects increased. By segment, Miyaji Engineering’s sales and profits declined, MM Bridge saw orders rise but sales and operating income fell. Financial position shows decreases in current assets and liabilities, with equity attributable to owners of the parent also down. There were no share repurchases during the period.<\/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":"3431","jir_company_name":"Miyaji Engineering Group Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-08-06","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/08\/3431-20260806-01.pdf","jir_short_summary":"For the first quarter of the fiscal year ending March 2027, the consolidated results show net sales of 11,427,000,000 yen, down 22.4% YoY, operating income of 341,000,000 yen, ordinary income of 465,000,000 yen, and net income attributable to owners of the parent of 431,000,000 yen. The next quarter's outlook remains unchanged. Orders increased due to large-scale projects from MM Bridge, but overall progress on large projects slowed and small-scale projects increased. By segment, Miyaji Engineering's sales and profits declined, MM Bridge saw orders rise but sales and operating income fell. Financial position shows decreases in current assets and liabilities, with equity attributable to owners of the parent also down. There were no share repurchases during the period.","jir_summary":"### Overview of performance\nThe current term's consolidated results declined versus the previous year, mainly due to delays in large-scale project execution and deterioration in profitability of small-scale projects, resulting in decreases in both net sales and profits. By segment, Miyaji Engineering saw declines in sales and profits, while MM Bridge posted higher orders but lower sales and operating income. Quarterly net income declined significantly year over year. The outlook for orders remains uncertain, but large renewal and maintenance projects continue to win new orders; the company will strengthen its structure toward the medium-term plan.\n\n### Outlook and strategy\nWith awareness of the medium-term management plan (2027\u20132031), we will focus on productivity improvements and talent acquisition and development as the final year of the current mid-term plan, promoting efficiency through DX. We will optimize resource allocation and the business portfolio in anticipation of a recovery in orders, particularly focusing on new construction-related, large-scale renovations, and private sector projects to respond to the recovery phase. No changes to the full-year earnings forecast for the fiscal year ending March 2027.","jir_financial_highlights":"Sales: 114,270,000,000 (YoY \u25b322.4%)\nOperating income: 341,000,000 (YoY \u25b376.3%)\nOrdinary income: 465,000,000 (YoY \u25b369.7%)\nNet income attributable to owners of the parent: 431,000,000 (YoY \u25b353.2%)\nShareholders' equity ratio: 53.6% (YoY +1.4 percentage points)","jir_category":"","jir_hashtags":"#MiyajiEngineeringGroupCo.,Ltd., #Earnings, #MidtermPlan","jir_key_figures":"Sales: 114,270 million yen (YoY \u25b322.4%)\nOperating income: 341 million yen (YoY \u25b376.3%)\nNet income attributable to owners of the parent: 431 million yen (YoY \u25b353.2%)","jir_meta_title":"\u3010Miyaji Engineering Group\u3011Fiscal Year 2027 Q1 Earnings Summary\uff5cSales and profits below prior year; orders remained solid but with some delays","jir_meta_description":"Analysis of Miyaji Engineering Group's fiscal year 2027 Q1 earnings summary. Net sales are in the 11.4 billion yen range, down year over year. By segment, Miyaji Engineering underperformed, MM Bridge posted higher orders but lower sales and profits. Under the mid-term plan, emphasis on DX and talent development. No change to the full-year projections.","jir_og_title":"Miyaji Engineering Group | 1Q FY2027 Earnings Summary","jir_og_description":"Miyaji Engineering Group's Q1 results show declines in both sales and profits. Orders are solid, but large projects are delayed. 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