MIRAIT ONE (1417) Q3 2025 earnings summary

Executive summary

• Net sales rose 15.4% year-over-year to 396,845 million yen for the nine months ended December 31, 2024, driven by increased demand in cloud, data centers, and infrastructure projects.

• Operating profit surged 144.0% year-over-year to 12,122 million yen, with ordinary profit up 113.0% to 12,399 million yen.

• Profit attributable to owners of parent jumped 501.7% year-over-year to 5,691 million yen, reflecting both operational improvements and extraordinary items.

• Comprehensive income increased 60.0% year-over-year to 7,005 million yen.

Financial highlights

• Orders received totaled 462,007 million yen, up 11.7% year-over-year.

• Net income per share was 62.58 yen, compared to 10.01 yen in the prior year period.

• Equity ratio improved to 49.6% from 48.5% at the previous fiscal year-end.

• Total assets decreased to 501,033 million yen, mainly due to lower accounts receivable.

• Net assets declined to 256,645 million yen, reflecting dividend payments and share repurchases.

Outlook and guidance

• Full-year forecast for FY2025 remains unchanged: net sales of 570,000 million yen (+10.0%), operating profit of 27,000 million yen (+51.4%), ordinary profit of 28,000 million yen (+49.8%), and profit attributable to owners of parent of 18,000 million yen (+43.6%).

• Annual dividend forecast raised to 75.00 yen per share.