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Meiko Electronics, 1% Increase in Ordinary Profit, Update Record High for Second Consecutive Term, Increased Previous Year's Dividend by 8 yen, This Fiscal Year to Increase Dividend by 2 yen

Tue May 13, 2025 3:30 pm JST Earnings

6787 Meiko Electronics Co., Ltd. 【J-GAAP】

Earnings Report

Meiko Electronics Co., Ltd. <6787> [TSE Prime] announced its financial results after the market closed on May 13th (15:30). The consolidated ordinary profit for the fiscal year ending March 2025 expanded 31.5% from the previous period to 18.7 billion yen. For the fiscal year ending March 2026, the consolidated ordinary profit is expected to grow by 1.3% to 19 billion yen, marking the second consecutive term of record-high profits. This will be the sixth consecutive term of revenue and the third consecutive term of profit growth.

At the same time, the company increased the annual dividend for the previous term from 80 yen to 88 yen (compared to 68 yen in the prior term), and has decided to increase the dividend this fiscal year to 90 yen, an increase of 2 yen from the previous fiscal year.

In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit dropped to 2.81 billion yen, a 37.4% decrease compared to the same period last year. However, the operating profit margin improved from 7.2% in the same period last year to 8.1%.

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Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 167,276 9,575 11,212 8,847 338.9 55 May 10, 2023 J-GAAP
Mar, 2024 179,458 11,660 14,267 11,310 428.7 68 May 10, 2024 J-GAAP
Mar, 2025 206,806 19,083 18,763 14,924 569.5 88 May 13, 2025 J-GAAP
YoY +15.2% +63.7% +31.5% +32.0% +32.8%

Full Year Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Guidance 197,000 19,000 17,500 15,000 572.3 80 Nov 6, 2024 J-GAAP
Mar, 2025 Results 206,806 19,083 18,763 14,924 569.5 88 May 13, 2025 J-GAAP
Revision Rate +5.0% +0.4% +7.2% -0.5% -0.5%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2024 98,157 9,287 8,005 6,333 240.8 40 Nov 6, 2024 J-GAAP
Apr - Sep, 2025 Guidance ー ー ー ー － 45 May 13, 2025 J-GAAP
YoY － － － － －

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 179,458 11,660 14,267 11,310 428.7 68 May 10, 2024 J-GAAP
Mar, 2025 206,806 19,083 18,763 14,924 569.5 88 May 13, 2025 J-GAAP
Mar, 2026 Guidance 213,000 20,000 19,000 15,500 591.7 90 May 13, 2025 J-GAAP
YoY +3.0% +4.8% +1.3% +3.9% +3.9%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jan - Mar, 2024 45,924 3,322 4,488 3,630 137.6 7.2 May 10, 2024 J-GAAP
Apr - Jun, 2024 47,013 3,265 4,394 3,053 116.0 6.9 Aug 6, 2024 J-GAAP
Jul - Sep, 2024 51,144 6,022 3,611 3,280 124.7 11.8 Nov 6, 2024 J-GAAP
Oct - Dec, 2024 53,600 5,361 7,948 6,227 238.2 10.0 Feb 6, 2025 J-GAAP
Jan - Mar, 2025 55,049 4,435 2,810 2,364 90.2 8.1 May 13, 2025 J-GAAP
YoY +19.9% +33.5% -37.4% -34.9% -34.4%

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