Note: This document has been translated from 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.
November 4, 2025 Company name: Mitsubishi Kakoki Kaisha, Ltd.
Representative: Toshikazu Tanaka, President (Securities code: 6331, TSE Prime Market)
Inquiries: Toru Nakamura, General Manager, Finance Department
Telephone: +81-44-333-5354
（Correction）Notice regarding partial correction of "Consolidated Financial Results for the Six Months Ended September 30, 2025(Under Japanese GAAP)"Mitsubishi Kakoki Kaisha, Ltd. hereby announces that we have made some corrections to the "Consolidated Financial Resultsfor the Six Months Ended September 30, 2025(Under Japanese GAAP)" announced on October 31, 2025.
The corrections are underlined.
Reason for correction
After submitting "Consolidated Financial Resultsfor the Six Months Ended September 30, 2025(Under
Japanese GAAP)", we have discovered an error in the total annual dividend forecast for the fiscal year ending March 31, 2026, and we have therefore made a correction.
Contents of the correction
Summary Information
Annual dividends per share | |||||
First quarter-end | Second quarter-end | Third quarter-end | Fiscal year-end | Total | |
Yen | Yen | Yen | Yen | Yen | |
Fiscal year ended March 31, 2025 | - | 50.00 | - | 160.00 | 210.00 |
Fiscal year ending March 31, 2026 | - | 40.00 | |||
Fiscal year ending March 31, 2026 (Forecast) | - | 46.00 | 46.00 | ||
2. Cash dividends (Before correction)
Note: Revisions to the forecast of cash dividends most recently announced: Yes
For the fiscal years ending March 2025, the actual dividend amounts before the stock split are listed.
For the fiscal year ending March 2026 (forecast), the figures after the stock split are listed. If the stock split is not considered, the annual dividend for the fiscal year ending March 2026 (forecast) would be 258 yen.
(After correction)
Annual dividends per share | |||||
First quarter-end | Second quarter-end | Third quarter-end | Fiscal year-end | Total | |
Yen | Yen | Yen | Yen | Yen | |
Fiscal year ended March 31, 2025 | - | 50.00 | - | 160.00 | 210.00 |
Fiscal year ending March 31, 2026 | - | 40.00 | |||
Fiscal year ending March 31, 2026 (Forecast) | - | 46.00 | 86.00 | ||
Note: Revisions to the forecast of cash dividends most recently announced: Yes
For the fiscal years ending March 2025, the actual dividend amounts before the stock split are listed.
For the fiscal year ending March 2026 (forecast), the figures after the stock split are listed. If the stock split is not considered, the annual dividend for the fiscal year ending March 2026 (forecast) would be 258 yen.
Note: 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.
October 31, 2025
Consolidated Financial Results for the Six Months Ended September 30, 2025 (Under Japanese GAAP)
Company name: Mitsubishi Kakoki Kaisha, Ltd. Listing: Tokyo Stock Exchange
Securities code: 6331
URL: https://www.kakoki.co.jp/
Representative: Toshikazu Tanaka , President
Inquiries: Toru Nakamura , General Manager, Finance Department Telephone: +81-44-333-5354
Scheduled date to file semi-annual securities report: November 14, 2025 Scheduled date to commence dividend payments: December 1, 2025 Preparation of supplementary material on financial results: None Holding of financial results briefing: Yes
(Yen amounts are rounded down to millions, unless otherwise noted.)
-
Consolidated financial results for the six months ended September 30, 2025 (from April 1, 2025 to September 30, 2025)
(1) Consolidated operating results (cumulative) (Percentages indicate year-on-year changes.)
Net sales
Operating income
Ordinary income
Profit attributable to owners of parent
Six months ended September 30, 2025
September 30, 2024
Millions of yen
36,123
26,623
%
35.7
20.2
Millions of yen
3,681
2,226
%
65.4
2.3
Millions of yen
3,864
2,168
%
78.2
(9.5)
Millions of yen
2,679
1,440
%
86.0
(10.1)
Note: Comprehensive income
For the six months ended September 30, 2025:
¥
3,103 million [
81.1%]
For the six months ended September 30, 2024:
¥
1,713 million [
(35.0) %]
Basic earnings per share
Diluted earnings per share
Six months ended
Yen
Yen
September 30, 2025
117.64
-
September 30, 2024
63.12
-
(Note)
The Company carried out a three-for-one stock split of its common shares effective April 1, 2025.
Consequently, quarterly net income per share is calculated assuming that the stock split was carried out at the beginning of the previous consolidated fiscal year.
At the end of the previous consolidated fiscal year, the provisional accounting treatment for the business combination was finalized, and the figures for the interim period of the fiscal year ending March 31, 2025 are shown after reflecting the significant revision of the initial allocation of the acquisition cost due to the finalization of the provisional accounting treatment.
Total assets
Net assets
Equity ratio
Net assets per share
As of
September 30, 2025
March 31, 2025
Millions of yen
67,160
66,174
Millions of yen
39,900
38,227
%
59.4
57.8
Yen
1,752.79
1,674.46
Reference: Equity
As of September 30, 2025:
¥
39,900 million
As of March 31, 2025:
¥
38,227 million
(Note) The Company carried out a three-for-one stock split of its common shares effective April 1, 2025.
Consequently, quarterly net income per share is calculated assuming that the stock split was carried out at the beginning of the previous consolidated fiscal year.
-
Cash dividends
Annual dividends per share
First quarter-end
Second quarter-end
Third quarter-end
Fiscal year-end
Total
Yen
Yen
Yen
Yen
Yen
Fiscal year ended March 31, 2025
-
50.00
-
160.00
210.00
Fiscal year ending March 31, 2026
-
40.00
Fiscal year ending March 31, 2026
(Forecast)
-
46.00
86.00
Note: Revisions to the forecast of cash dividends most recently announced: Yes
For the fiscal years ending March 2025, the actual dividend amounts before the stock split are listed.
For the fiscal year ending March 2026 (forecast), the figures after the stock split are listed. If the stock split is not considered, the annual dividend for the fiscal year ending March 2026 (forecast) would be 258 yen.
- Consolidated financial result forecasts for the fiscal year ending March 31, 2026 (from April 1, 2025 to March 31, 2026)
(Percentages indicate year-on-year changes.)
Net sales | Operating income | Ordinary income | Profit attributable to owners of parent | Net income per share | |||||
Full year | Millions of yen 88,500 | % 49.5 | Millions of yen 8,550 | % 50.1 | Millions of yen 8,650 | % 53.7 | Millions of yen 5,850 | % 19.9 | Yen 256.85 |
Note: Revisions to the financial result forecast most recently announced: Yes
* NotesSignificant 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: None
Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares)
As of September 30, 2025
23,741,850 shares
As of March 31, 2025
23,741,850 shares
Number of treasury shares at the end of the period
As of September 30, 2025
977,620 shares
As of March 31, 2025
912,351 shares
Average number of shares outstanding during the period (cumulative from the beginning of the fiscal year)
Six months ended September 30, 2025 | 22,775,578 shares |
Six months ended September 30, 2024 | 22,821,247 shares |
(Note) The Company carried out a three-for-one stock split of its common shares effective April 1, 2025. Consequently, the number of shares issued at the end of the period, the number of treasury shares at the end of the period, and the average number of shares during the period have been calculated assuming the stock split was conducted at the beginning of the previous consolidated fiscal year.
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
The performance forecasts and other forward-looking statements contained in this document are based on information currently available to the company and on certain assumptions that the company considers to be reasonable and are not intended to guarantee that they will be achieved.Actual performance may differ significantly due to various factors.
Semi-annual Consolidated Financial Statements and Primary Notes Semi-annual Consolidated Balance Sheet
As of March 31, 2025
As of September 30, 2025
Assets
(Millions of yen)
Current assets
Cash and bank deposits 10,823 13,639
Notes and accounts receivable - trade, and contract assets | 27,809 | 24,146 |
Electronically recorded monetary claims -operating | 5,371 | 4,223 |
Finished goods | 704 | 775 |
Work in process | 2,469 | 3,240 |
Raw materials and supplies | 1,016 | 1,128 |
Other assets | 2,643 | 3,035 |
Total current assets | 50,839 | 50,189 |
Non-current assets | ||
Property, plant and equipment | 5,331 | 5,545 |
Intangible assets | ||
Goodwill | 796 | 768 |
Other | 1,461 | 1,408 |
Total intangible assets | 2,257 | 2,177 |
Investments and other assets | ||
Investment securities | 4,434 | 5,682 |
Retirement benefit asset | 2,395 | 2,611 |
Other assets | 915 | 954 |
Total investments and other assets | 7,745 | 9,248 |
Total non-current assets | 15,335 | 16,970 |
Total assets | 66,174 | 67,160 |
Liabilities | ||
Current liabilities | ||
Notes and accounts payable - trade | 5,962 | 6,879 |
Electronically recorded obligations - operating | 905 | 627 |
Current portion of long-term debt | 1,600 | 2,100 |
Accrued income taxes | 1,019 | 1,224 |
Contract liabilities | 7,941 | 7,247 |
Accrued bonuses | 1,182 | 921 |
Accrued bonuses to directors (and other officers) | 37 | 36 |
Provision for warranties for completed construction | 713 | 834 |
Provision for loss on construction contracts | 150 | 199 |
Other current liabilities | 2,300 | 1,409 |
Total current liabilities | 21,813 | 21,481 |
Non-current liabilities | ||
Long-term debt | 1,700 | 1,200 |
Provision for executive compensation BIP trust | 137 | 99 |
Provision for employee stock ownership plan trust | 53 | 23 |
Liability for retirement benefits | 3,831 | 3,752 |
Other long-term liabilities | 410 | 702 |
Total non-current liabilities | 6,133 | 5,777 |
Total liabilities | 27,947 | 27,259 |
(Millions of yen) As of March 31, 2025 As of September 30, 2025
Net assets | ||
Shareholders' equity | ||
Common stock | 3,956 | 3,956 |
Capital surplus | 4,212 | 4,301 |
Retained earnings | 27,945 | 29,326 |
Treasury shares | (580) | (800) |
Total shareholders' equity | 35,534 | 36,784 |
Accumulated other comprehensive income | ||
Unrealized gain on available-for-sale securities | 1,977 | 2,419 |
Deferred gains or losses on hedges | 4 | (11) |
Foreign currency translation adjustment | (222) | (227) |
Accumulated remeasurements of defined benefit plans | 933 | 936 |
Total accumulated other comprehensive income | 2,692 | 3,116 |
Total net assets | 38,227 | 39,900 |
Total liabilities and net assets | 66,174 | 67,160 |
Semi-annual Consolidated Statements of Income and Comprehensive Income
Semi-annual Consolidated Statement of Income | ||
(Millions of yen) | ||
For the six months ended September 30, 2024 | For the six months ended September 30, 2025 | |
Net sales | 26,623 | 36,123 |
Cost of sales | 20,843 | 28,268 |
Gross profit | 5,780 | 7,854 |
Selling, general and administrative expenses | 3,553 | 4,173 |
Operating income | 2,226 | 3,681 |
Non-operating income | ||
Interest income | 0 | 2 |
Dividend income | 75 | 107 |
Foreign exchange gains | 3 | 177 |
Other | 13 | 10 |
Total non-operating income | 93 | 298 |
Non-operating expenses | ||
Interest expenses | 15 | 15 |
Commission expenses | 27 | 28 |
Loss on removal of noncurrent assets | 20 | 24 |
Other | 88 | 47 |
Total non-operating expenses | 151 | 115 |
Ordinary income | 2,168 | 3,864 |
Extraordinary losses | ||
Impairment losses | 64 | 15 |
Total extraordinary losses | 64 | 15 |
Income before income taxes | 2,103 | 3,848 |
Income taxes - current | 423 | 1,123 |
Income taxes - deferred | 239 | 46 |
Total income taxes | 663 | 1,169 |
Net income | 1,440 | 2,679 |
Profit attributable to owners of parent | 1,440 | 2,679 |
Semi-annual Consolidated Statement of Comprehensive Income
For the six months ended September 30, 2024
For the six months ended September 30, 2025
Net income 1,440 2,679
(Millions of yen)
Other comprehensive income
Unrealized gain (loss) on available-for-sale securities 213 441
Foreign currency translation adjustment 5 (5)
Deferred gain (loss) on hedges 48 (15)
Comprehensive income
1,713
3,103
Comprehensive income attributable to
Total other comprehensive income 273 424
Remeasurements of defined benefit plans 5 3
Comprehensive income attributable to owners of parent
1,713 3,103
Semi-annual Consolidated Statement of Cash Flows
For the six months ended September 30, 2024
(Millions of yen)
For the six months ended September 30, 2025
Cash flows from operating activities | ||
Income before income taxes | 2,103 | 3,848 |
Depreciation and amortization | 383 | 401 |
Impairment losses | 64 | 15 |
Amortization of goodwill | 13 | 27 |
Loss on valuation of inventories | (7) | (27) |
Increase (decrease) in allowance for doubtful accounts | 0 | - |
Increase (decrease) in accrued bonuses | (281) | (257) |
Increase (decrease) in accrued bonuses to directors | (17) | (0) |
Increase (decrease) in provision for warranties for completed construction
(110) 151
Increase (decrease) in provision for loss on construction contracts
11
48
Increase (decrease) provision for executive compensation BIP
Trust
20 (38)
Increase (decrease) in provision for employee stock ownership plan trust | 27 | (30) |
Increase (decrease) in asset and liability for retirement benefits | (271) | (282) |
Interest and dividend income | (76) | (110) |
Interest expenses | 15 | 15 |
Foreign exchange losses (gains) | 66 | (151) |
Decrease (increase) in accounts receivable - trade | 644 | 4,692 |
Decrease (increase) in inventories | (163) | (944) |
Decrease (increase) in advance payments | (760) | (283) |
Increase (decrease)in notes and accounts receivable,trade | (119) | 635 |
Increase(decrease) in contract liabilities | 2,327 | (685) |
Other, net | (861) | (376) |
Subtotal | 3,010 | 6,646 |
Interest and dividends received | 76 | 110 |
Interest paid | (15) | (15) |
Income taxes paid | (1,599) | (871) |
Net cash provided by (used in) operating activities | 1,472 | 5,869 |
Cash flows from investing activities | ||
Purchases of property, plant and equipment and intangible assets | (581) | (966) |
Purchase of investment securities | (19) | (591) |
Proceeds from collection of short-term loans receivable | - | 30 |
Long-term loan advances | (0) | (1) |
Proceeds from collection of long-term loans receivable | 3 | 3 |
Purchase of shares of unconsolidated subsidiaries | - | (10) |
Purchase of shares of subsidiaries resulting in change in scope of consolidation | (1,999) | - |
Other, net | 148 | (6) |
Net cash provided by (used in) investing activities | (2,449) | (1,541) |
Cash flows from financing activities | ||
Repayments of lease obligations | (6) | (7) |
Proceeds from sale of treasury shares | - | 105 |
Purchase of treasury shares | (47) | (357) |
Cash dividends paid | (614) | (1,230) |
Net cash provided by (used in) financing activities | (668) | (1,488) |
Effect of exchange rate change on cash and cash equivalents | (90) | 133 |
Net increase (decrease) in cash and cash equivalents | (1,736) | 2,972 |
Cash and cash equivalents at beginning of period | 15,182 | 10,822 |
Decrease in cash and cash equivalents resulting from exclusion of subsidiaries from consolidation
- (156)
Cash and cash equivalents at end of period 13,446 13,638