Mitsui Es Holdings Co., Ltd. TSE:7003

MITSUI E&S : Notice Concerning Recording of Non-Operating Income in Consolidated Financial Results (FY2025), Recording of Extraordinary Loss in Non-Consolidated Financial Results (FY2025) and Differences between Non-Consolidated Financial Results for FY2025 and FY2024

Published

Source: MarketScreener

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.



May 14, 2026

Company name: MITSUI E&S Co., Ltd.

Name of representative: Takeyuki Takahashi, President,

Representative Director, and CEO (Securities code: 7003, TSE Prime Market)

Inquiries: Kazuo Hayashi, Executive Officer, General Manager of Accounting Dept. (TEL: +81-3-3544-3210)

Notice Concerning Recording of Non-Operating Income (Share of Profit of Entities Accounted for Using Equity Method) in Consolidated Financial Results for FY2025, Recording of Extraordinary Loss (Loss on Valuation of Subsidiaries and Affiliates' Stocks) in Non-Consolidated Financial Results for FY2025 and Differences between Non-Consolidated Financial Results for FY2025 and FY2024

MITSUI E&S Co., Ltd. (the "Company") hereby announces the recording of share of profit of entities accounted for using equity method in its consolidated financial results, as well as the recording of loss on valuation of subsidiaries and affiliates' stocks in its non-consolidated financial results for the fiscal year ended March 31, 2026. The Company also announces the differences between its non-consolidated financial results for the fiscal years ended March 31, 2026, and 2025.

  1. Recording of non-operating income (share of profit of entities accounted for using equity method) in consolidated financial results

    As a result of reflecting the financial results of our equity-method affiliates, the Company recorded share of profit of entities accounted for using equity method of 7.5 billion yen as non-operating income for the fiscal year ended March 31, 2026.

  2. Recording of extraordinary loss (loss on valuation of subsidiaries and affiliates' stocks) in non-consolidated financial results

    Due to a significant decline in the real value of stocks of Mesco Denmark A/S, a consolidated subsidiary of the Company, the Company recorded a loss on valuation of subsidiaries and affiliates' stocks of 7.2 billion yen as an extraordinary loss.

    This loss has no impact on the consolidated financial results, as it is recognized solely in the non-consolidated financial results and is eliminated in the consolidation process.

  3. Differences between non-consolidated financial results for the fiscal years ended March 31, 2026 and 2025

Net sales

Operating income

Ordinary income

Profit

Earnings per share

Actual Results (FY2024) (A)

Millions of yen

195,270

Millions of yen

18,449

Millions of yen

30,429

Millions of yen

57,867

Yen

571.66

Actual Results (FY2025) (B)

209,623

33,084

45,009

31,800

315.18

Change (B - A)

14,353

14,635

14,580

(26,067)

-

Change ratio (%)

7.4

79.3

47.9

(45.0)

-

Note : Due to a change in presentation in the fiscal year ended March 31, 2026 (FY2025), the figures for the fiscal year ended March 31, 2025 (FY2024) have been restated to reflect this change. This change relates to transactions with consolidated subsidiaries and has no impact on the consolidated financial statements.

Reason for the differences

Net sales increased mainly due to higher sales of large marine engines and dual fuel engines, as well as steady progress on large projects of container cranes. Operating income and ordinary income increased primarily due to higher sales and improved profitability across each business segment. However, profit decreased mainly due to the recognition of the aforementioned loss on valuation of shares of subsidiaries and affiliates, as well as the fact that the previous fiscal year included a gain of over 40 billion yen from the sale of shares of subsidiaries and affiliates.