Mitsuboshi Belting Ltd. · TSE:5192
Mitsuboshi Belting — H1 FY2026/3 Earnings Presentation
14 slides from Mitsuboshi Belting's earnings presentation, Nov 10, 2025
Slide 1: Financial Results Briefing Materials
Mitsuboshi Belting Ltd. Financial Results Briefing Materials (2025/4/1～2025/9/30） November 10, 2025 Note to future-oriented statements The forward-looking statements in this document, including performance forecasting, are based on currently available information and assumptions considered reasonabl
Slide 2: FY2030 Target Position: Establish a resilient corporate structure
FY2030 “Target Position” Establish a resilient corporate structure “ '24 Mid-Term Business Plan” marks the second phase toward FY2030 “Target Position.“ Based on the results of the previous medium-term management plan, which was implemented as a period for strengthening foundations, we positioned th
Slide 3: Consolidated Financial Summary
Consolidated Financial Summary 3 Increase in Revenue and Profit (Operating Profit and Ordinary Profit) • Recorded the highest net sales for the second consecutive year since the divestiture of Automotive components business in 2006. • Posted approximately ¥3.4 billion in extraordinary income in the
Slide 4: Quarterly Results
Quarterly Results 4 （Unit：100 mil. of yen） Sales 250 220 212 215 224 230 224 226 223 235 206 205 210 210 193 192 191 200 175 178 186 161 169 144 150 100 50 0 0 0 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 2021/3 2022/3 2023/3 2024/3 2025/3 2026/3 649 749 829 840 905 458
Slide 5: Sales by Segment (vs. PY, 1st Half)
Sales by Segment （vs.PY（1st Half)） 5 The core belt business increased, while the construction materials business declined. • The core belt business performed steadily, with both domestic and overseas sales exceeding the level of the same period of the previous year. • Construction materials: - Build
Slide 6: Breakdown of Belt Sales (vs. PY, 1st Half)
Breakdown of Belt Sales（vs.PY（1st Half)） 6 Sales in the automotive parts segment remained at the same level as the previous year. Sales of power transmission belts increased. • Automotive Parts: Sales remained nearly flat year on year. Demand for drive belts for electric units (such as EPS) for four
Slide 7: Analysis of Operating Profit
Analysis of Operating Profit 7 （Unit：100 mil. of yen） ⚫ (＋) Increase in sales 2024-2Q 2025-2Q change Decrease in logistics costs ⚫ (－) Effects of sales composition Sales 454.5 458.6 +4.1 Increase in labor costs /Effects of FOREX Rates Operating Profit 45.4 45.9 ＋0.5 Ordinary Profit 42.8 50.7 +7.9 ■
Slide 8: Capital expenditures and Depreciation
Capital expenditures and Depreciation 8 '24 Mid-Term Business Plan (FY2024-FY2026) • 3-year capital investment budget ： 20.0 billion Yen • The approved amount for FY2025 plan is approximately 5.2 billion yen. (as of the end of September 2025) ■ 1st Half ■ 2nd Half （capitalized amounts ／ Unit：100 mil
Slide 9: Forecast
Forecast 9 Steady progress in line with the initial plan • The Company plans to achieve higher sales and operating profit excluding foreign exchange effects. The plan is based on an assumed exchange rate of JPY 12.6 stronger against the U.S. dollar compared with the previous fiscal year. • In FY2024
Slide 10: Dividends
Dividends 10 Year- ’24 Mid-Term Business Plan (FY2024-FY2026) Interim end Total ＤＯＥ target： approx. 5.4％ （Dividend per share：at least 180 yen / year） 2025/3 ¥90 ¥96 ¥186 2026/3 ¥90 2026/3 ¥96 ¥186 （Forecast） (yen) (％) 250 Ordinary dividend 100 100 97 Payout ratio Special dividend 100 2009/3： 482％ 20
Slide 11: Acquisition and Retirement of treasury shares
Acquisition and Retirement 11 of treasury shares The Company has continued to acquire treasury shares. （Total number of treasury shares acquired：50％ , Total number of treasury shares retired：40％） ⚫ The Company aims to acquire 3 billion yen of shares in 3 years during “'24 Mid-Term Business Plan”(FY2
Slide 12: Appendix
A P P E N D I X
Slide 13: Next Growth Opportunities Brought by the Advancement of EV Mobility
Next Growth Opportunities 13 Brought by the Advancement of EV Mobility The Mitsuboshi Belting Group is working to develop and expand sales of new products in line with the electrification of vehicles, recognizing the shift to electric vehicles as a major opportunity rather than a risk. Quiet Compact
Slide 14: ESG Initiatives
ESG Initiatives 14 Under the corporate philosophy of “To give attentive consideration to both humanity and nature.”, the Mitsuboshi Belting Group is working to solve each ESG issue with a focus on the identified materiality, with setting “contribution to the realization of a sustainable society (imp
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