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MEISEI INDUSTRIAL, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 28%, Oct-Dec Ordinary Profit Increases by 6%

Fri Jan 31, 2025 3:30 pm JST Earnings

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

Earnings Report

MEISEI INDUSTRIAL Co.,Ltd. <1976> [TSE Prime] announced its financial results after the market closed on January 31st (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) increased 28.5% from the same period last year, reaching 6.5 billion yen. The progress rate toward the full-year plan of 8.35 billion yen was 77.9%, also surpassing the five-year average of 62.9%.

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the January to March period (4Q) is expected to drop 47.0% from the same period last year to 1.84 billion yen.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 5.7% from the same period last year, reaching 2.24 billion yen. The operating profit margin rose from 12.8% in the same period last year to 13.3%.

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Actual Results

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Dec, 2022 39,891 4,266 4,611 2,918 58.6 63.5 Jan 31, 2023 J-GAAP
Apr - Dec, 2023 42,549 4,768 5,063 3,714 74.7 59.2 Jan 31, 2024 J-GAAP
Apr - Dec, 2024 47,294 6,010 6,504 4,471 91.9 77.9 Jan 31, 2025 J-GAAP
YoY +11.2% +26.0% +28.5% +20.4% +23.0%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2023 33,799 5,339 5,610 4,015 81.1 41 May 10, 2024 J-GAAP
Oct - Mar, 2024 Guidance 31,424 3,875 4,093 3,059 64.3 26 Oct 31, 2024 J-GAAP
YoY -7.0% -27.4% -27.0% -23.8% -20.7%

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 63,000 7,800 8,350 6,000 126.1 47 Oct 31, 2024 J-GAAP
YoY +4.3% -3.2% -2.3% -3.9% 0.0%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 15,971 2,046 2,125 1,486 29.9 12.8 Jan 31, 2024 J-GAAP
Jan - Mar, 2024 17,828 3,293 3,485 2,529 51.1 18.5 May 10, 2024 J-GAAP
Apr - Jun, 2024 14,812 1,526 1,822 1,271 26.1 10.3 Jul 31, 2024 J-GAAP
Jul - Sep, 2024 16,764 2,399 2,435 1,670 34.2 14.3 Oct 31, 2024 J-GAAP
Oct - Dec, 2024 15,718 2,085 2,247 1,530 31.4 13.3 Jan 31, 2025 J-GAAP
YoY -1.6% +1.9% +5.7% +3.0% +5.2%

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