DISCLAIMER: This document has been translated from a part of the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
February 13, 2026
Company name: MICRONICS JAPAN CO.,LTD.
Listing: Tokyo Stock Exchange
Securities code: 6871
URL: https://www.mjc.co.jp/en/ Representative: Masayoshi Hasegawa, President & CEO
Inquiries: Yuki Katayama, Director & Senior Executive Officer, Deputy General Manager Administration Division Telephone: +81-422-21-2665
Scheduled date of annual general meeting of shareholders: March 26, 2026 Scheduled date to commence dividend payments: March 27, 2026
Scheduled date to file annual securities report: March 25, 2026
Preparation of supplementary material on financial results: Yes
Holding of financial results briefing: Yes (For Institutional Investors, Analysts, and the Press)
(Yen amounts are rounded down to millions, unless otherwise noted.)
-
Consolidated financial results for the fiscal year ended December 31, 2025 (from January 1, 2025 to December 31, 2025)
-
Consolidated operating results (Percentages indicate year-on-year changes.)
Net sales
Operating profit
Ordinary profit
Profit attributable to owners of parent
Fiscal year ended
Millions of yen
%
Millions of yen
%
Millions of yen
%
Millions of yen
%
December 31, 2025
70,173
26.1
16,542
31.6
17,100
39.6
12,063
36.9
December 31, 2024
55,643
45.3
12,572
136.7
12,250
115.9
8,811
113.5
Note: Comprehensive income For the fiscal year ended December 31, 2025:
¥18,412 million
[90.9%]
For the fiscal year ended December 31, 2024:
¥9,647 million
[98.9%]
Basic earnings per share
Diluted earnings per share
Return on equity
Ratio of ordinary profit to total assets
Ratio of operating profit to net sales
Fiscal year ended
Yen
Yen
%
%
%
December 31, 2025
311.53
-
20.9
19.1
23.6
December 31, 2024
228.36
-
19.4
18.0
22.6
-
Consolidated financial position
Total assets
Net assets
Equity-to-asset ratio
Net assets per share
As of
Millions of yen
Millions of yen
%
Yen
December 31, 2025
99,026
66,052
66.7
1,703.95
December 31, 2024
79,990
49,646
62.1
1,286.49
Reference: Equity
As of December 31, 2025: ¥66,052 million
As of December 31, 2024: ¥49,646 million
- Consolidated cash flows
Cash flows from operating activities
Cash flows from investing activities
Cash flows from financing activities
Cash and cash equivalents at end of period
Fiscal year ended
Millions of yen
Millions of yen
Millions of yen
Millions of yen
December 31, 2025
12,903
(21,692)
3,276
17,129
December 31, 2024
15,095
(7,834)
(1,436)
22,455
-
Consolidated operating results (Percentages indicate year-on-year changes.)
-
Cash dividends
Annual dividends per share
Total cash dividends (Total)
Payout ratio (Consolidated)
Ratio of dividends to net assets (Consolidated)
First quarter-end
Second quarter-end
Third quarter-end
Fiscal year-end
Total
Yen
Yen
Yen
Yen
Yen
Millions of yen
%
%
Fiscal year ended December 31, 2024
0.00
0.00
0.00
70.00
70.00
2,701
30.7
5.9
Fiscal year ended December 31, 2025
0.00
0.00
0.00
95.00
95.00
3,682
30.5
6.4
Fiscal year ending December 31, 2026 (Forecast)
-
Note: 1. For dividends for the fiscal year ending December 31, 2025, please refer to the "Notice Concerning Dividends on Surplus" announced today (February 13, 2026).
2. The year-end dividend forecast for the fiscal year ending December 31, 2026 will be disclosed in the announcement of the financial results for the second quarter, which will announce the consolidated earnings forecast for the full fiscal year.
- Consolidated Financial Forecast for the second quarter of the fiscal year ending December 31, 2026 (January 1, 2026 ~ June 30, 2026)
(Percentages indicate year-on-year changes.)
Net sales | Operating profit | Ordinary profit | Profit attributable to owners of parent | Basic earnings per share | |||||
Six months ending June 30, 2026 | Millions of yen 43,900 | % 32.5 | Millions of yen 12,300 | % 62.5 | Millions of yen 11,800 | % 59.6 | Millions of yen 8,200 | % 71.7 | Yen 211.75 |
Note: The Group discloses its earnings forecasts for the next two quarters at the time of announcing its financial results for each quarter.
* NotesSignificant changes in the scope of consolidation during the period: None
Changes in accounting policies, changes in accounting estimates, and restatement
Changes in accounting policies due to revisions to accounting standards and other regulations: None
Changes in accounting policies due to other reasons: None
Changes in accounting estimates: None
Restatement: None
Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares)
As of December 31, 2025
40,025,316 shares
As of December 31, 2024
40,025,316 shares
Number of treasury shares at the end of the period
As of December 31, 2025
1,261,088 shares
As of December 31, 2024
1,434,952 shares
Average number of shares outstanding during the period
Fiscal year ended December 31, 2025 | 38,724,109 shares |
Fiscal year ended December 31, 2024 | 38,586,406 shares |
-
Non-consolidated operating results (Percentages indicate year-on-year changes.)
Net sales
Operating profit
Ordinary profit
Profit
Fiscal year ended
Millions of yen
%
Millions of yen
%
Millions of yen
%
Millions of yen
%
December 31, 2025
58,091
17.2
11,784
4.3
14,136
29.8
10,381
32.6
December 31, 2024
49,554
50.0
11,294
143.7
10,892
113.7
7,828
111.7
Basic earnings per share
Diluted earnings per share
Fiscal year ended
Yen
Yen
December 31, 2025
268.08
-
December 31, 2024
202.87
-
- Non-consolidated financial position
Total assets | Net assets | Equity-to-asset ratio | Net assets per share | |
As of | Millions of yen | Millions of yen | % | Yen |
December 31, 2025 | 87,105 | 56,600 | 65.0 | 1,460.12 |
December 31, 2024 | 70,700 | 42,680 | 60.4 | 1,105.99 |
Reference: Equity
As of December 31, 2025: ¥56,600 million
As of December 31, 2024: ¥42,680 million
"Reasons for the difference between non-consolidated financial results and the financial results of the previous fiscal year"
In the previous fiscal year, against the backdrop of the expansion of the market for generative AI-related semiconductors, demand for probe cards for memory remained steady, and the Company's business performance was also steady.
In the fiscal year under review, demand for probe cards for memory applications increased further and we increased our production capacity, resulting in net sales exceeding the level of the previous fiscal year. In addition, net income increased due to an increase in dividends received from subsidiaries. As a result, there is a discrepancy between the actual figures for the previous fiscal year and the actual figures for the current fiscal year.
Financial results reports are exempt from audit conducted by certified public accountants or an audit firm.
Proper use of earnings forecasts, and other special matters
(Cautions on forward-looking statements, etc.)
The forward-looking statements, including forecasts of financial results, contained in these materials are based on information currently available to the Company and on certain assumptions deemed to be reasonable. However, the Company makes no guarantee that these forecasts will be achieved. Actual results may differ due to a variety of factors.
Please refer to "(4) Future outlook" of "1. Overview of Operating Results and Others" on page 4 of the attached materials for the conditions that form the assumptions for the forecasts of financial results and cautions concerning the use thereof.
(Method of accessing supplementary material on financial results)
Supplementary financial results materials are scheduled to be posted on the Company's website on February 13, 2026.
Consolidated balance sheet(Millions of yen)
As of December 31, 2024 As of December 31, 2025Assets | ||
Current assets | ||
Cash and deposits | 23,949 | 19,305 |
Notes receivable - trade | 1 | 7 |
Accounts receivable - trade | 8,669 | 11,406 |
Finished goods | 927 | 913 |
Work in process | 5,934 | 8,248 |
Raw materials and supplies | 2,628 | 4,028 |
Consumption taxes refund receivable | 1,975 | 1,283 |
Other | 477 | 320 |
Allowance for doubtful accounts | (25) | (13) |
Total current assets | 44,537 | 45,500 |
Non-current assets | ||
Property, plant and equipment | ||
Buildings and structures | 24,776 | 26,136 |
Accumulated depreciation and impairment | (8,432) | (9,322) |
Buildings and structures, net | 16,344 | 16,814 |
Machinery, equipment and vehicles | 24,037 | 33,570 |
Accumulated depreciation and impairment | (18,366) | (21,211) |
Machinery, equipment and vehicles, net | 5,671 | 12,358 |
Land | 3,913 | 4,008 |
Construction in progress | 2,813 | 4,352 |
Other | 4,962 | 5,646 |
Accumulated depreciation and impairment | (4,146) | (4,436) |
Other, net | 815 | 1,209 |
Total property, plant and equipment | 29,558 | 38,744 |
Intangible assets | 1,070 | 1,012 |
Investments and other assets | ||
Investment securities | 1,886 | 10,658 |
Retirement benefit asset | 224 | 599 |
Deferred tax assets | 910 | 105 |
Other | 2,040 | 2,636 |
Allowance for doubtful accounts | (236) | (231) |
Total investments and other assets | 4,824 | 13,768 |
Total non-current assets | 35,452 | 53,526 |
Total assets | 79,990 | 99,026 |
(Millions of yen)
As of December 31, 2024 | As of December 31, 2025 | |||
Liabilities | ||||
Current liabilities | ||||
Notes and accounts payable - trade | 7,700 | 7,497 | ||
Short-term borrowings | 736 | 669 | ||
Accounts payable - other | 9,323 | 5,065 | ||
Income taxes payable | 3,275 | 2,775 | ||
Contract liabilities | 582 | 516 | ||
Provision for bonuses | 1,610 | 2,265 | ||
Provision for bonuses for directors (and other officers) | 251 | 146 | ||
Provision for product warranties | 1,350 | 1,613 | ||
Other | 2,780 | 2,685 | ||
Total current liabilities | 27,612 | 23,235 | ||
Non-current liabilities | ||||
Long-term borrowings | 439 | 5,861 | ||
Deferred tax liabilities | - | 1,823 | ||
Retirement benefit liability | 2,145 | 1,956 | ||
Asset retirement obligations | 43 | 58 | ||
Other | 103 | 38 | ||
Total non-current liabilities | 2,731 | 9,738 | ||
Total liabilities | 30,344 | 32,974 | ||
Net assets | ||||
Shareholders' equity | ||||
Share capital | 5,018 | 5,018 | ||
Capital surplus | 6,091 | 6,633 | ||
Retained earnings | 36,585 | 45,947 | ||
Treasury shares | (1,266) | (1,113) | ||
Total shareholders' equity | 46,429 | 56,486 | ||
Accumulated other comprehensive income | ||||
Valuation difference on available-for-sale securities | 1,141 | 6,687 | ||
Foreign currency translation adjustment | 1,972 | 2,322 | ||
Remeasurements of defined benefit plans | 102 | 555 | ||
Total accumulated other comprehensive income | 3,216 | 9,566 | ||
Total net assets | 49,646 | 66,052 | ||
Total liabilities and net assets | 79,990 | 99,026 |
Consolidated statement of income | (Millions of yen) | ||
Fiscal year ended December 31, 2024 | Fiscal year ended December 31, 2025 | ||
Net sales | 55,643 | 70,173 | |
Cost of sales | 28,499 | 36,368 | |
Gross profit | 27,143 | 33,804 | |
Selling, general and administrative expenses | 14,571 | 17,262 | |
Operating profit | 12,572 | 16,542 | |
Non-operating income | |||
Interest income | 86 | 80 | |
Dividend income | 30 | 49 | |
Rental income | 68 | 55 | |
Refund income | 81 | 4 | |
Foreign exchange gains | - | 643 | |
Other | 57 | 64 | |
Total non-operating income | 325 | 897 | |
Non-operating expenses | |||
Interest expenses | 9 | 77 | |
Commission expenses | 24 | 255 | |
Foreign exchange losses | 609 | - | |
Other | 3 | 6 | |
Total non-operating expenses | 646 | 338 | |
Ordinary profit | 12,250 | 17,100 | |
Extraordinary income | |||
Gain on sale of non-current assets | 15 | 10 | |
Total extraordinary income | 15 | 10 | |
Extraordinary losses | |||
Loss on sale of non-current assets | 0 | - | |
Loss on retirement of non-current assets | 2 | 22 | |
Impairment losses | 269 | 382 | |
Total extraordinary losses | 272 | 404 | |
Profit before income taxes | 11,994 | 16,706 | |
Income taxes - current | 4,010 | 4,677 | |
Income taxes - deferred | (828) | (35) | |
Total income taxes | 3,182 | 4,642 | |
Profit | 8,811 | 12,063 | |
Profit attributable to owners of parent | 8,811 | 12,063 |
Consolidated statement of comprehensive income | (Millions of yen) | ||
Fiscal year ended December 31, 2024 | Fiscal year ended December 31, 2025 | ||
Profit | 8,811 | 12,063 | |
Other comprehensive income | |||
Valuation difference on available-for-sale securities | 773 | 5,545 | |
Foreign currency translation adjustment | 136 | 350 | |
Remeasurements of defined benefit plans, net of tax | (74) | 453 | |
Total other comprehensive income | 835 | 6,349 | |
Comprehensive income | 9,647 | 18,412 | |
Comprehensive income attributable to | |||
Comprehensive income attributable to owners of parent | 9,647 | 18,412 |
(Millions of yen)
Shareholders' equity | |||||
Share capital | Capital surplus | Retained earnings | Treasury shares | Total shareholders' equity | |
Balance at beginning of period | 5,018 | 6,029 | 29,047 | (1,275) | 38,819 |
Changes during period | |||||
Dividends of surplus | (1,273) | (1,273) | |||
Profit attributable to owners of parent | 8,811 | 8,811 | |||
Purchase of treasury shares | (0) | (0) | |||
Disposal of treasury shares | 62 | 9 | 71 | ||
Net changes in items other than shareholders' equity | |||||
Total changes during period | - | 62 | 7,538 | 9 | 7,609 |
Balance at end of period | 5,018 | 6,091 | 36,585 | (1,266) | 46,429 |
Accumulated other comprehensive income | Total net assets | ||||
Valuation difference on available-for-sale securities | Foreign currency translation adjustment | Remeasurements of defined benefit plans | Total accumulated other comprehensive income | ||
Balance at beginning of period | 367 | 1,836 | 176 | 2,381 | 41,200 |
Changes during period | |||||
Dividends of surplus | (1,273) | ||||
Profit attributable to owners of parent | 8,811 | ||||
Purchase of treasury shares | (0) | ||||
Disposal of treasury shares | 71 | ||||
Net changes in items other than shareholders' equity | 773 | 136 | (74) | 835 | 835 |
Total changes during period | 773 | 136 | (74) | 835 | 8,445 |
Balance at end of period | 1,141 | 1,972 | 102 | 3,216 | 49,646 |
(Millions of yen)
Shareholders' equity | |||||
Share capital | Capital surplus | Retained earnings | Treasury shares | Total shareholders' equity | |
Balance at beginning of period | 5,018 | 6,091 | 36,585 | (1,266) | 46,429 |
Changes during period | |||||
Dividends of surplus | (2,701) | (2,701) | |||
Profit attributable to owners of parent | 12,063 | 12,063 | |||
Purchase of treasury shares | (0) | (0) | |||
Disposal of treasury shares | 541 | 153 | 694 | ||
Net changes in items other than shareholders' equity | |||||
Total changes during period | - | 541 | 9,362 | 153 | 10,056 |
Balance at end of period | 5,018 | 6,633 | 45,947 | (1,113) | 56,486 |
Accumulated other comprehensive income | Total net assets | ||||
Valuation difference on available-for-sale securities | Foreign currency translation adjustment | Remeasurements of defined benefit plans | Total accumulated other comprehensive income | ||
Balance at beginning of period | 1,141 | 1,972 | 102 | 3,216 | 49,646 |
Changes during period | |||||
Dividends of surplus | (2,701) | ||||
Profit attributable to owners of parent | 12,063 | ||||
Purchase of treasury shares | (0) | ||||
Disposal of treasury shares | 694 | ||||
Net changes in items other than shareholders' equity | 5,545 | 350 | 453 | 6,349 | 6,349 |
Total changes during period | 5,545 | 350 | 453 | 6,349 | 16,406 |
Balance at end of period | 6,687 | 2,322 | 555 | 9,566 | 66,052 |
(Millions of yen)
Fiscal year ended December 31, 2025Cash flows from operating activities | ||
Profit before income taxes | 11,994 | 16,706 |
Depreciation | 2,845 | 5,494 |
Impairment losses | 269 | 382 |
Increase (decrease) in provision for bonuses | 502 | 650 |
Increase (decrease) in provision for product warranties | 874 | 260 |
Increase (decrease) in allowance for doubtful accounts | 6 | (17) |
Increase (decrease) in provision for bonuses for directors (and other officers) | 89 | (105) |
Increase (decrease) in retirement benefit liability | (13) | 38 |
Decrease (increase) in retirement benefit asset | (76) | (42) |
Interest and dividend income | (117) | (130) |
Interest expenses | 9 | 77 |
Loss (gain) on sale of non-current assets | (15) | (10) |
Loss on retirement of non-current assets | 2 | 22 |
Share-based payment expenses | 107 | 71 |
Non Operating Income and Extraordinary Gain | (22) | (11) |
Non Operating Expenses and Extraordinary Loss | 4 | 14 |
Decrease (increase) in trade receivables | (339) | (2,672) |
Decrease (increase) in inventories | (2,056) | (3,606) |
Increase (decrease) in trade payables | 2,696 | (353) |
Increase (decrease) in contract liabilities | (67) | (73) |
Decrease (increase) of Other Assets | (1,601) | 808 |
Decrease (increase) of Other Liabilities | 1,188 | 460 |
Subtotal | 16,281 | 17,965 |
Interest and dividends received | 117 | 130 |
Interest paid | (9) | (62) |
Income taxes refund | 1 | 40 |
Income taxes paid | (1,295) | (5,170) |
Net cash provided by (used in) operating activities | 15,095 | 12,903 |
(Millions of yen)
Fiscal year ended December 31, 2024 | Fiscal year ended December 31, 2025 | |||
Cash flows from investing activities | ||||
Payments into time deposits | (3,168) | (3,359) | ||
Proceeds from withdrawal of time deposits | 3,233 | 2,559 | ||
Purchase of property, plant and equipment | (7,038) | (19,372) | ||
Proceeds from sale of property, plant and equipment | 17 | 10 | ||
Purchase of investment securities | - | (666) | ||
Cash out from Other Investment Activity | (893) | (882) | ||
Cash in from Other Investment Activity | 15 | 19 | ||
Net cash provided by (used in) investing activities | (7,834) | (21,692) | ||
Cash flows from financing activities | ||||
Proceeds from short-term borrowings | 600 | - | ||
Repayments of short-term borrowings | (780) | (300) | ||
Proceeds from long-term borrowings | 550 | 6,100 | ||
Repayments of long-term borrowings | (533) | (444) | ||
Purchase of treasury shares | (0) | (0) | ||
Proceeds from sale of treasury shares | - | 623 | ||
Dividends paid | (1,273) | (2,701) | ||
Net cash provided by (used in) financing activities | (1,436) | 3,276 | ||
Effect of exchange rate change on cash and cash equivalents | 207 | 186 | ||
Net increase (decrease) in cash and cash equivalents | 6,032 | (5,326) | ||
Cash and cash equivalents at beginning of period | 16,423 | 22,455 | ||
Cash and cash equivalents at end of period | 22,455 | 17,129 |