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.
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
August 12, 2025
Scheduled date to file semi-annual securities report: Scheduled date to commence dividend payments: Preparation of supplementary material on financial results: Holding of financial results briefing:
August 13. 2025
Yes
Yes (for institutional investors and analysts)
(Yen amounts are rounded down to millions, unless otherwise noted.)
-
Consolidated financial results for the six months ended June 30, 2025 (from January 1, 2025 to June 30, 2025)
Consolidated operating results (Percentages indicate year-on-year changes )
Net sales
Operating profit
Ordinary profit
Profit attributable to owners of parent
Six months ended
Millions of yen
Millions of yen
Millions of yen
Millions of yen
June 30, 2025
33,120
26.6
7,569
7,394
27.4
4,774
29.6
June 30, 2024
26,17 I
54.1
5,764
229.3
5,806
270.0
3,685
222.4
Note: Comprehensive income For the six months ended June 30, 2025:
Y4,363 million
[(13.5)%]
For the six months ended June 30, 2024:
¥5,042 million
[172.2%]
Basic earnings per share
Diluted earnings per share
Six months ended
Yen
Yen
June 30, 2025
I 23.44
.Iune 30, 2024
95.53
- Consolidated financial position
Total assets
Net assets
Equity-to-asset ratio
As of
Millions of yen
Millions of yen
.Iune 30, 2025
8 I ,634
52,002
63.7
December 31, 2024
79,990
49,646
G2. I
Reference: Equity
As of June 30, 2025:
As of December 31, 2024:
- Cash dividends
First quarter-end
Fiscal year ended December 31, 2024
Fiscal year ending December 31, 2025
Fiscal year ending December 31, 2025 (Forecast)
Y52,002 million Y49,646 million
Second quarter-end
Yen
0.00
0.00
Yen
0.00
0.00
Annual dividends per share Third quarter-end
Yen
0.00
0.00
Fiscal year-end
Yen 70.00
72.00
Total
Yen 70.00
72.00
Note: Revisions to the forecast ot cash dividends most recently announced: Yes
2. For the revision of the dividend forecast, please reter to the "Notice ot Revision of Earnings Forecast and Dividend Forecast" announced today (August 12, 2025).
3. Forecast of consolidated financial results for the fiscal year ending December 31, 2025 (from January 1, 2025 to December 31, 2025)Percenta es indicate ear-on- ear chan es.
Net sales
Operating profit
Ordinary profit
Profit attributable to owners of parent
Basic earnings per share
M1111ons of yen | % | Millions of yen | % | Millions of yen | % | Millions of yen | Yen | ||
Nine months ending 50,000 | 28.3 | 11,100 | 28.4 | 10,800 | 20 0 | 6,800 | 18.5 | 175.79 | |
Fiscal year ending 68,900 | 23.8 | 13,800 | 9.8 | 8.6 | 9,200 | 4.4 | 237.83 |
September 30, 2025
December 31, 2025
Note: Revisions to the earnings forecasts most recently announced: Yes
2. For the revision of the consolidated earnings forecast, please reler to the "Notice ot Revision ot Earnings Forecast and Dividend Forecast" announced today (August 12, 2025).
*Notes
(I ) Significant changes in the scope of consolidation during the period: None
Adoption of accounting treatment specific to the preparation of semi-annual consolidated financial statements: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: done
Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares)
As of June 30, 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 June 30, 2025
1,261,088 shares
As of December 31, 2024
1,434,952 shares
Average number of shares outstanding during the period(cumulative from the beginning of the fiscal year)
Six months ended .Iune 30, 2025 | 38,683,325 shares |
Six months ended .Iune 30, 2024 | 38,582,388 shares |
Semi-annual financial results reports are exempt from review 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 dilTer due to a variety of factors. For the conditions on which earnings forecasts are predicated and precautions for the use of earnings forecasts, please refer to Appendix P.3 "1 . Summary of Operating Results, etc. (3) Explanation of Forward-Looking Information such as Consolidated Earnings Forecasts."
(Method of accessing supplementary material on financial results)
Supplementary financial results materials are scheduled to be posted on the Company's website on August 12, 2025.
Semi-annual consolidated balance sheet | |||
(Millions of yen) | |||
As of December 31, 2024 | As of June 30, 202fi | ||
Assets | |||
Current assets | |||
Cash and deposits | 23,949 | 16,458 | |
Notes and accounts receivable - trade, and contract assets | 8,670 | 10,848 | |
Finished goods | 927 | 1,023 | |
Work in process | 3,934 | 7,491 | |
Raw materials and supplies | 2,628 | 2,947 | |
Other | 2,452 | 1,727 | |
Allowance for doubtful accounts | (25) | (11) | |
Total current assets | 44,537 | 40,485 | |
Non-current assets
Property, plant and equipment
Buildings and structures, net | 16,344 | 16,1 44 |
Machinery, equipment and vehicles, net | 3,671 | 10,1 89 |
Other, net | 7,542 | 8,384 |
Total property, plant and equipment | 29,558 | 34,718 |
Intangible assets | I ,070 | 1,058 |
Investments and other assets | ||
Investment securities | I ,886 | 2,316 |
Retirement benefit asset | 224 | 275 |
Other | 2,950 | 2,998 |
Allowance for doubtful accounts | (236) | (218) |
Total investments and other assets | 4,824 | 5,371 |
Total non-current assets | 35,452 | 41,148 |
Total assets | 79,990 | 81,634 |
(Millions of ven)
As of December 31, 2024 | As of June 30, 202fi | |||
Liabilities | ||||
Current liabilities | ||||
Notes and accounts payable - trade | 7,700 | 8,107 | ||
Short-term borrowings | 736 | 333 | ||
Accounts payable - other | 9,323 | 3,320 | ||
Income taxes payable | 3,275 | 2,454 | ||
Provision for bonuses | 1,610 | 1,933 | ||
Provision for bonuses for directors (and other officers) | 251 | |||
Provision for product warranties | 1,350 | 2,199 | ||
Other | 3,363 | 2,746 | ||
Total current liabilities | 27,612 | 21,094 | ||
Non-current liabilities | ||||
Long-term borrowings | 439 | 6,272 | ||
Retirement benefit liability | 2,143 | 2,176 | ||
Other | 147 | 87 | ||
Total non-current liabilities | 2,731 | 8,536 | ||
Total liabilities | 30,344 | 29,631 | ||
Net assets | ||||
Shareholders' equity | ||||
Share capital | 5,018 | 5,018 | ||
Capital surplus | 6,091 | 6,633 | ||
Retained earnings | 36,585 | 38,659 | ||
Treasury shares | (1,266) | (1,113) | ||
Total shareholders' equity | 46,429 | 49,1 97 | ||
Accumulated other comprehensive income | ||||
Valuation difference on available-for-sale securities | 1,141 | 977 | ||
Foreign currency translation adjustment | 1,972 | 1,743 | ||
Remeasurements of defined benefit plans | 102 | 84 | ||
Total accumulated other comprehensive income | 3,21h | 2,805 | ||
Total net assets | 49,646 | 52,002 | ||
Total liabilities and net assets | 79,990 | 81,634 | ||
Semi-annual consolidated statement of income | (Millions of yen) | ||
Six months ended June 30, 2024 | Six months ended June 30, 2025 | ||
Net sales | 26,171 | 33,120 | |
Cost of sales | 13,612 | I 6,719 | |
Gross profit | 1 2,559 | I 6,401 | |
Selling, general and administrative expenses | 6,794 | 8,832 | |
Operating profit | 5,764 | 7,569 | |
Non-operating income | |||
Interest income | 33 | 37 | |
Dividend income | 7 | 12 | |
Rental income | 33 | 35 | |
Refund income | 4 | ||
Other | 24 | 30 | |
Total non-operating income | 99 | 119 | |
Non-operating expenses | |||
Interest expenses | 3 | 13 | |
Commission expenses | 15 | 210 | |
Foreign exchange losses | 36 | 64 | |
Other | 1 | 5 | |
Total non-operating expenses | 57 | 294 | |
Ordinary profit | 5806 | 7,394 | |
Extraordinary income | |||
Gain on sale of non-current assets | ]5 | 0 | |
Total extraordinary income | l3 | 0 | |
Extraordinary losses | |||
Loss on sale of non-current assets | 0 | ||
Loss on retirement of non-current assets | 0 | 9 | |
Total extraordinary losses | 0 | 9 | |
Profit before income taxes | 5,81 8 | 7,384 | |
Income taxes - current | 2,354 | 2,411 | |
Income taxes - deferred | (221) | 1 98 | |
Total income taxes | 2,132 | 2,610 | |
Profit | 3,685 | 4,774 | |
Profit attributable to owners of parent | 3,685 | 4,774 |
Semi-annual consolidated statement of comprehensive income | (Millions of yen) | ||
Six months ended June 30, 2024 | Six months ended June 30, 2025 | ||
Profit | 3,685 | 4,774 | |
Other comprehensive income | |||
Valuation difference on available-for-sale securities | 514 | (164) | |
Foreign currency translation adjustment | 873 | (228) | |
Remeasurements of defined benefit plans, net of tax | (31) | (17) | |
Total other comprehensive income | 1,357 | (411) | |
Comprehensive income | 5,042 | 4,363 | |
Comprehensive income attributable to | |||
Comprehensive income attributable to owners of parent | 5,042 | 4,363 |
Cash flows from operating activities Profit before income taxes Depreciation
Increase (decrease) in retirement benefit liability
Decrease (increase) in retirement benefit asset Increase (decrease) in provision for bonuses
Increase (decrease) in provision for product warranties Increase (decrease) in allowance for doubtful accounts
Increase (decrease) in provision for bonuses for directors (and other omcers)
Interest and dividend income Interest expenses
Decrease (increase) in accounts receivable - trade, and contract assets Decrease (increase) in inventories
Increase (decrease) in trade payables Other, net
Subtotal
Interest and dividends received Interest paid
Income taxes refund Income taxes paid
Net cash provided by (used in) operating activities Cash flows Iron investing activities
Payments into time deposits
Proceeds from withdrawal of time deposits Purchase of property, plant and equipment
Proceeds from sale of property, plant and equipment Purchase ot investment securities
Other payments Other proceeds
Net cash provided by (used in) investing activities Cash flows from financing activities
Proceeds from short-term borrowings Repayments of short-term borrowings Proceeds from long-term borrowings Repayments of long-term borrowings Purchase of treasury shares
Proceeds from sale of treasury shares Dividends paid
Net cash provided by (used in) financing activities
Effect of exchange rate change on cash and cash equivalents Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning ot period Cash and cash equivalents at end of period
5,818 | 7,384 |
1,205 | 2,270 |
(20) | 25 |
(22) | (66) |
335 | 318 |
295 | 849 |
27 | (32) |
(162) | (251) |
(40) | (49) |
3 | 13 |
321 | (2,252) |
(856) | (2,057) |
1,373 | 538 |
(124) | 911 |
8,154 | 7,602 |
40 | 49 |
(3) | ( 3) |
(424) | (3,174) |
7,767 | 4,465 |
(1,469) | (1,286) |
1,477 | 1,617 |
(2,811) | (14,027) |
6 | 0 |
(666) | |
(600) | (41 I ) |
6 | 11 |
(3,391) | (14,764) |
300 | |
(480) | (300) |
6,000 | |
(286) | (269) |
(0) | (0) |
623 | |
(1,273) | (2,701) |
(1,739) | 3,351 |
416 | (209) |
3,052 | (7,156) |
16,423 | 22,455 |
19,475 | 15,299 |
(Millions of ven)
Six months ended
June 30, 2025