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MEIKO CONSTRUCTION, Apr-Jun (1Q) Ordinary Profit Increases by 70%
1869 MEIKO CONSTRUCTION CO.,LTD. 【J-GAAP】
Earnings ReportMEIKO CONSTRUCTION CO.,LTD. <1869> [NSE Main] announced its financial results after the market closed on July 25th (16:00). The consolidated ordinary profit for the first quarter of the fiscal year ending March 2026 (April to June) expanded 1.22 billion yen, an increase 70.2% compared to the same period last year. Progress toward the plan for the six months ending September (first half) of 2.65 billion yen was 46.1%, exceeding the five-year average of 42.0%.
In the most recent three-month period, from April to June (1Q), the operating profit margin improved from 2.3% in the same period last year to 4.1%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Jun, 2023 | 19,145 | 791 | 1,045 | 712 | 28.2 | 46.4 | Jul 28, 2023 | J-GAAP |
| Apr - Jun, 2024 | 18,374 | 426 | 718 | 469 | 18.6 | 23.8 | Jul 31, 2024 | J-GAAP |
| Apr - Jun, 2025 | 21,106 | 874 | 1,222 | 836 | 33.1 | 46.1 | Jul 25, 2025 | J-GAAP |
| YoY | +14.9% | +105.2% | +70.2% | +78.3% | +78.2% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2024 | 40,305 | 2,720 | 3,023 | 2,053 | 81.4 | 18 | Oct 30, 2024 | J-GAAP |
| Apr - Sep, 2025 Guidance | 44,000 | 2,500 | 2,650 | 1,850 | 73.3 | 21 | May 8, 2025 | J-GAAP |
| YoY | +9.2% | -8.1% | -12.3% | -9.9% | -9.9% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 86,218 | 5,370 | 5,820 | 4,028 | 159.6 | 36 | May 9, 2024 | J-GAAP |
| Mar, 2025 | 93,170 | 6,386 | 6,912 | 5,184 | 205.4 | 42 | May 8, 2025 | J-GAAP |
| Mar, 2026 Guidance | 98,000 | 5,500 | 5,850 | 4,050 | 160.4 | 42 | May 8, 2025 | J-GAAP |
| YoY | +5.2% | -13.9% | -15.4% | -21.9% | -21.9% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Jun, 2024 | 18,374 | 426 | 718 | 469 | 18.6 | 2.3 | Jul 31, 2024 | J-GAAP |
| Jul - Sep, 2024 | 21,931 | 2,294 | 2,305 | 1,584 | 62.8 | 10.5 | Oct 30, 2024 | J-GAAP |
| Oct - Dec, 2024 | 24,669 | 1,471 | 1,665 | 1,135 | 45.0 | 6.0 | Jan 31, 2025 | J-GAAP |
| Jan - Mar, 2025 | 28,196 | 2,195 | 2,224 | 1,996 | 79.1 | 7.8 | May 8, 2025 | J-GAAP |
| Apr - Jun, 2025 | 21,106 | 874 | 1,222 | 836 | 33.1 | 4.1 | Jul 25, 2025 | J-GAAP |
| YoY | +14.9% | +105.2% | +70.2% | +78.3% | +78.2% |
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