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MEIKO CONSTRUCTION CO.,LTD., First Half Ordinary Profit Revised Upward by 8%

Mon Oct 28, 2024 4:00 pm JST Revision

1869 MEIKO CONSTRUCTION CO.,LTD. 【J-GAAP】

Guidance Update Report

MEIKO CONSTRUCTION CO.,LTD. <1869> [NSE-M] announced a performance revision after the market closed on October 28th (16:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) has been revised upward by 8.0%, from the previous forecast of 2.8 billion yen to 3.02 billion yen (compared to 2.25 billion yen in the same period of the previous year), increasing the growth rate from 24.3% to 34.2%.

Furthermore, the full-year ordinary profit forecast remains unchanged from the estimate of 5.4 billion yen(compared to 5.82 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 47,000 2,600 2,800 1,950 77.3 18 May 9, 2024 J-GAAP
Apr - Sep, 2024 New 40,305 2,720 3,023 2,053 81.3 18 Oct 28, 2024 J-GAAP
Revision Rate -14.2% +4.6% +8.0% +5.3% +5.3%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2023 40,029 1,984 2,252 1,555 61.6 17 Nov 2, 2023 J-GAAP
Apr - Sep, 2024 Guidance 40,305 2,720 3,023 2,053 81.3 18 Oct 28, 2024 J-GAAP
YoY +0.7% +37.1% +34.2% +32.0% +32.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 84,185 6,331 6,704 4,657 184.5 34 May 11, 2023 J-GAAP
Mar, 2024 86,218 5,370 5,820 4,028 159.6 36 May 9, 2024 J-GAAP
Mar, 2025 Guidance 91,500 5,000 5,400 3,800 150.5 36 May 9, 2024 J-GAAP
YoY +6.1% -6.9% -7.2% -5.7% -5.7%

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