MEISEI INDUSTRIAL Co.,Ltd., First Half Ordinary Profit Revised Upward by 38%, Highest in Six Terms

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Tue Oct 22, 2024 3:30 pm JST Revision

1976 MEISEI INDUSTRIAL Co.,Ltd. 【J-GAAP】

Guidance Update Report

MEISEI INDUSTRIAL Co.,Ltd. <1976> [TSE-P] announced a performance revision after the market closed on October 22nd (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) has been revised upward by 37.7%, from the previous forecast of 3.05 billion yen to 4.2 billion yen (compared to 2.93 billion yen in the same period of the previous year), increasing the growth rate from 3.8% to 43.0%, reaches new record high for the first time in six terms.

Furthermore, the full-year ordinary profit forecast remains unchanged from the estimate of 7.45 billion yen(compared to 8.54 billion yen in the previous period).

Kabutan News

Guidance Update

First Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2024 Prev	26,400	2,880	3,050	2,120	43.5	15	May 10, 2024	J-GAAP
Apr - Sep, 2024 New	31,000	3,900	4,200	2,900	59.4	15	Oct 22, 2024	J-GAAP
Revision Rate	+17.4%	+35.4%	+37.7%	+36.8%	+36.8%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2023	26,578	2,722	2,938	2,228	44.7	14	Oct 31, 2023	J-GAAP
Apr - Sep, 2024 Guidance	31,000	3,900	4,200	2,900	59.4	15	Oct 22, 2024	J-GAAP
YoY	+16.6%	+43.3%	+43.0%	+30.2%	+32.9%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	55,890	6,830	7,258	4,680	94.0	36	May 10, 2023	J-GAAP
Mar, 2024	60,377	8,061	8,548	6,243	126.1	55	May 10, 2024	J-GAAP
Mar, 2025 Guidance	58,000	7,200	7,450	5,200	109.3	41	May 10, 2024	J-GAAP
YoY	-3.9%	-10.7%	-12.8%	-16.7%	-13.3%