meinan M&A co.,ltd., 63% Decrease in Ordinary Profit for The Current Fiscal Year

About Information Provided on This Site

The information provided on our website 'Kabutan.com' is not intended to constitute investment solicitation or investment advisory services.
All investment decisions should be made at your own discretion and judgment.
The data on our website is provided by Tokyo Stock Exchange, Osaka Exchange, Nagoya Securities Exchange, JPX Market Innovation & Research, Japannext, and other sources.
Copyright of the Nikkei Stock Average belongs to Nikkei Inc. Stock price charts displayed on Kabutan.com are provided solely for the purpose of reviewing historical price movements of the securities.
These charts neither suggest nor guarantee future price movements of the securities and do not constitute recommendations to buy or sell.
In our financial results coverage, the term 'Surprise Results' identifies securities that demonstrate a significant degree of surprise in their earnings announcements.
This significance is quantitatively assessed based on multiple factors, including: the nature of the announcement (full-year or quarterly results); types of revisions (earnings or dividend forecasts); and numerical analysis comparing the announced results with both the company's previous forecasts and historical performance.
The 'Surprise Ranking' presents these results in order of their calculated surprise factor. Please note that neither these results nor rankings are intended to suggest or guarantee future performance of the listed securities, nor should they be construed as recommendations to buy or sell.

Wed Nov 13, 2024 3:40 pm JST Earnings

7076 meinan M&A co.,ltd. 【J-GAAP】

Earnings Report

meinan M&A co.,ltd. <7076> [NSE-M] announced its financial results after the market closed on November 13th (15:40). The ordinary profit (non-consolidated) for the fiscal year ending September 2024 expanded to 3.1 times that of the previous period to 550 million yen. With the transition to consolidated financial statements for the fiscal year ending September 2025 is also bleak, with an expected significant drop by 63.5% from the previous period 前期non-consolidated to 201 million yen.

At the same time, the company increased the annual dividend for the previous term from 19 yen to 25 yen (compared to 5 yen in the prior term). For the current term, the company plans to remove the commemorative dividend of the previous term and set the dividend for this term at an ordinary dividend of 8.32 yen.

In the most recent three-month period, from July to September (4Q), the ordinary profit increased by 99.4% from the same period last year, reaching 323 million yen. The operating profit margin jumped from 27.2% in the same period last year to 43.2%.

Note: Since the fiscal year ending September 2025, the company has transitioned to consolidated financial statements.

Kabutan News

Actual Results

Historical Performance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Sep, 2022	1,382	352	349	230	73.4	5	Nov 11, 2022	J-GAAP
Sep, 2023	1,453	186	176	108	34.6	5	Nov 14, 2023	J-GAAP
Sep, 2024	1,924	563	550	389	123.7	25	Nov 13, 2024	J-GAAP
YoY	+32.4%	+202.7%	+212.5%	+260.2%	+257.5%

Full Year Results vs. Previous Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Sep, 2024 Guidance	1,924	566	553	378	120.2	19	Oct 15, 2024	J-GAAP
Sep, 2024 Results	1,924	563	550	389	123.7	25	Nov 13, 2024	J-GAAP
Revision Rate	0.0%	-0.5%	-0.5%	+2.9%	+2.9%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2023	793	146	140	93	29.6	0	May 14, 2024	J-GAAP
Oct - Mar, 2024 Guidance	ー	ー	ー	ー	－	0	Nov 13, 2024	J-GAAP
YoY	－	－	－	－	－

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Sep, 2023	1,453	186	176	108	34.6	5	Nov 14, 2023	J-GAAP
Sep, 2024	1,924	563	550	389	123.7	25	Nov 13, 2024	J-GAAP
Sep, 2025 Guidance	2,000	200	201	131	41.6	8.32	Nov 13, 2024	J-GAAP
YoY	+4.0%	-64.5%	-63.5%	-66.3%	-66.4%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	615	167	162	99	31.7	27.2	Nov 14, 2023	J-GAAP
Oct - Dec, 2023	304	2	1	-1	-0.5	0.7	Feb 13, 2024	J-GAAP
Jan - Mar, 2024	489	144	139	94	29.9	29.4	May 14, 2024	J-GAAP
Apr - Jun, 2024	369	88	87	55	17.5	23.8	Aug 9, 2024	J-GAAP
Jul - Sep, 2024	762	329	323	241	76.6	43.2	Nov 13, 2024	J-GAAP
YoY	+23.9%	+97.0%	+99.4%	+143.4%	+141.6%