Mitsui Es Holdings Co., Ltd. TSE:7003
MITSUI E&S : Consolidated Financial Results for Half-year of Fiscal Year Ended March 31, 2026
Source: MarketScreener
Consolidated Financial Results
for Half-year of Fiscal Year Ending March 31, 2026
November 12, 2025
Note: This document has been translated from Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
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Shipments
※ ・Steady increase in sales and profit.
New Orders
146.0 Billion yen （ YoY
）
・Revised operating income forecast for FYE Mar. 2026 Forecast upward as economic downturn risks ease.
Half-year of FYE Mar. 2026
Results
Net Sales | 165.5 Billion yen | （ YoY | ） |
Operating Income | 19.8 Billion yen | （ YoY | ） |
FYE Mar. 2026
Forecast
| 300 Billion yen (compared to May 13, 2025 | ) |
| 340 Billion yen (compared to May 13, 2025 | ) |
| 30 Billion yen (compared to May 13, 2025 | ) |
MITSUI E&S Achieves Milestone of 500 MITSUI-PACECO Portainer® Shipments
Stock Price Trends
Topics
FYE Mar. 2025 2Q Cumulative Total | FYE Mar. 2026 2Q Cumulative Total | |
USD/JPY | 150.32Yen | 146.79Yen |
＜Average FX＞
FYE Mar. 2025 2Q Cumulative Total | FYE Mar. 2026 2Q Cumulative Total | Var. | |
New Orders | 170.7 | 146.0 | (24.7) |
Net Sales | 145.0 | 165.5 | +20.5 |
Operating Income | 9.2 | 19.8 | +10.6 |
(margin) | 6.4% | 12.0% | - |
Ordinary Income | 13.3 | 22.7 | +9.4 |
(margin) | 9.2% | 13.7% | - |
Profit attributable to owners of parent | 32.3 | 17.5 | (14.8) |
(JPY: Billion)
This decrease was due to an order for multiple large marine engines in the Marine Propulsion Systems segment during the same period last year.
Revenue increased YoY due to steady progress on ample construction projects in the core business segments and Peripheral Businesses, among others.
The Marine Propulsion Systems and Logistics Systems segments saw significant profit increases compared to YoY due to increased sales and reduced costs resulting from increased productivity.
※ Profit attributable
Profit decreased compared to YoY due to a gain on the sale of shares in an affiliated company during the same period last year.
※ Steady profit accumulation has led to an improved equity ratio.
（JPY：Billion）
FYE Mar. 2025 | FYE Mar. 2026 2Q | Var. | |||
Total assets | 449.2 | 454.5 | +5.2 | ||
（Cash and time deposits） | 35.4 | 44.9 | +9.5 | ||
（Notes and accounts receivables - trade, and contract assets etc.） | 107.9 | 94.8 | (13.2) | Decrease mainly due to collection of accounts receivable for container cranes | |
（Inventory） | 69.9 | 76.6 | +6.6 | ||
（Fixed Assets） | 130.3 | 126.6 | (3.7) | ||
(Investment securities) | 29.7 | 36.8 | +7.2 | ||
Total liabilities | 275.1 | 259.2 | (15.9) | ||
（Trade payables etc.） | 59.1 | 57.8 | (1.4) | ||
（Contract liabilities） | 44.2 | 53.1 | +8.9 | Mainly increase in advance payments received for marine engine orders | |
（Debt with interest） | 97.8 | 83.0 | (14.8) | Decrease due to repayment of short-term and long-term borrowings | |
Short-term borrowings | 54.0 | 43.4 | (10.6) | ||
Long-term borrowings | 43.8 | 39.6 | (4.2) | ||
Total net assets | 174.2 | 195.3 | +21.1 | ||
（Equity） | 169.8 | 190.9 | +21.1 | Mainly increase due to accumulation of retained earnings | |
（Equity capital ratio） | 37.8% | 42.0% | - | ||
Working capital (*) | 70.1 | 57.9 | (12.2) | ||
D/E ratio | 0.6 | 0.4 | - | ||
(*) Trade receivables(except Advances from customers) + Inventory - Trade payables