TOKYO, May 13 (Pulse News Wire) – MTI Ltd. (9438.T) reported second quarter revenue of ¥11.459 billion, marking a 7.1% increase compared to the same period last year.
Operating profit was up slightly to ¥1.679 billion, while ordinary profit rose to ¥2.063 billion, reflecting a 17.5% growth year-over-year. Net income attributable to parent shareholders increased by 6.6%, reaching ¥1.863 billion. The company highlighted strong performance in its healthcare and school digital transformation (DX) segments, which contributed significantly to overall revenue growth.
However, the content division saw a decline due to the exclusion of subsidiary VideoMarket and reduced sales of original comics. Looking ahead, MTI revised its full-year outlook upward for revenues, operating profit, and net income, citing robust demand across key sectors. The company expects total revenue to reach ¥22.62 billion, with ordinary profit projected at ¥3.8 billion, representing a 11.4% and 8.6% increase respectively from initial forecasts.
In addition, MTI emphasized strategic initiatives aimed at expanding its presence in private schools and municipalities through its DX services, targeting sustained revenue growth in the coming quarters.
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