Miyairi Valve 1H Net Profit Falls to ¥16 Million

Miyairi Valve Mfg. Co. Ltd. reported parent net profit of ¥16 million for the half-year ended Sept. 30, 2026, down from ¥20 million in the same period a year earlier, despite higher revenue and operating profit.

November 13, 2026, 10:52 AM 746 0

Revenue rose to ¥4.23 billion from ¥3.21 billion, while operating profit increased to ¥56 million from ¥45 million. Pretax profit fell to ¥34 million from ¥39 million.

Earnings per share were ¥0.34, compared with ¥0.42 a year earlier. Diluted earnings per share were ¥0.34; the prior-year figure was not available.

The company reported no first-quarter or third-quarter dividend for either period. Its midyear dividend was ¥0, while the year-end dividend was ¥2 and the annual dividend ¥2 in both years. Future-period dividends are forecasts. Results are based on Japanese accounting standards.

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