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MIT Holdings Profits Slide as Half-Year Revenue Dips

A 26 percent drop in net profit marks a challenging first half for MIT Holdings, with the company reporting 59 million yen in earnings for the period ending May 31. This decline follows a broader contraction in revenue, which slipped to 2.47 billion yen from 2.62 billion yen the previous year.

MIT Holdings Profits Slide as Half-Year Revenue Dips

Operating profit fell to 108 million yen, down from 128 million yen, while pretax profit mirrored this downward trend, settling at 105 million yen compared to 124 million yen in 2025. Diluted earnings per share reached 29.30 yen, a notable decrease from the 39.75 yen reported during the same window last year. These figures, prepared under Japanese accounting standards, reflect a cooling period for the Tokyo-listed firm as it navigates tighter margins and reduced top-line growth.

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