Mitsui Matsushima Holdings Co., Ltd. <1518> announced its consolidated financial results for the second quarter of the fiscal year ending March 2025 (April-September 24) on the 8th. Revenue decreased by 26.2% year-on-year to 29.238 billion yen, operating profit decreased by 76.8% to 3.853 billion yen, ordinary profit decreased by 76.0% to 4.163 billion yen, and net income attributable to parent company shareholders decreased by 75.8% to 2.88 billion yen.
Revenue from consumer goods increased by 6.7% year-on-year to 13.046 billion yen, driven by sales growth at MOS and Meikosha, with segment profit increasing by 87.4% to 1.178 billion yen.
Revenue from industrial products increased by 198.1% to 14.571 billion yen, mainly due to the subsidiary acquisition of Japan Chain Holdings, with segment profit rising by 528.5% to 2.12 billion yen.
Revenue from financial and other services increased by 91.3% to 1.657 billion yen, driven by the subsidiary acquisition of MRF, with segment profit increasing by 427.4% to 0.555 billion yen.
Regarding energy, due to the discontinuation of coal production and sales operations as of March 2024, there were no revenue or segment profit during this interim consolidated accounting period.
For the full year of the 2025 fiscal year, it maintains its upwardly revised consolidated performance forecast announced on July 5, which predicts a 22.6% year-on-year decrease in revenue to 60 billion yen, a 76.2% decrease in operating profit to 6 billion yen, an ordinary profit decrease of 77.3% year-on-year to 5.9 billion yen, and a net income attributable to the parent company's shareholders decrease of 60.3% year-over-year to 6 billion yen.