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MEIJI ELECTRIC INDUSTRIES, Apr-Jun (1Q) Ordinary Profit Increases by 3.3 times
3388 MEIJI ELECTRIC INDUSTRIES CO., LTD. 【J-GAAP】
Earnings ReportMEIJI ELECTRIC INDUSTRIES CO., LTD. <3388> [TSE Prime] announced its financial results after the market closed on July 31st (15:30). The consolidated ordinary profit for the first quarter of the fiscal year ending March 2026 (April to June) surged 3.3 times that of the same period last year, reaching 0.61 billion yen. However, Progress toward the plan for the six months ending September (first half) of 1.90 billion yen was 32.6%, almost the same as the five-year average of 30.7%.
In the most recent three-month period, from April to June (1Q), the operating profit margin improved from 0.3% in the same period last year to 3.2%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Jun, 2023 | 15,768 | 329 | 515 | 364 | 28.8 | 37.8 | Jul 31, 2023 | J-GAAP |
| Apr - Jun, 2024 | 15,148 | 45 | 189 | 133 | 10.5 | 20.4 | Jul 30, 2024 | J-GAAP |
| Apr - Jun, 2025 | 16,878 | 535 | 619 | 439 | 34.5 | 32.6 | Jul 31, 2025 | J-GAAP |
| YoY | +11.4% | +1,088.9% | +227.5% | +230.1% | +230.2% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2024 | 34,173 | 828 | 927 | 637 | 50.1 | 30 | Oct 31, 2024 | J-GAAP |
| Apr - Sep, 2025 Guidance | 40,600 | 1,790 | 1,900 | 1,330 | 104.3 | 44 | May 15, 2025 | J-GAAP |
| YoY | +18.8% | +116.2% | +105.0% | +108.8% | +108.2% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 74,580 | 2,914 | 3,332 | 2,426 | 191.5 | 58 | May 14, 2024 | J-GAAP |
| Mar, 2025 | 78,672 | 3,294 | 3,596 | 2,435 | 191.3 | 60 | May 15, 2025 | J-GAAP |
| Mar, 2026 Guidance | 82,500 | 3,730 | 3,990 | 2,800 | 219.6 | 88 | May 15, 2025 | J-GAAP |
| YoY | +4.9% | +13.2% | +11.0% | +15.0% | +14.7% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Jun, 2024 | 15,148 | 45 | 189 | 133 | 10.5 | 0.3 | Jul 30, 2024 | J-GAAP |
| Jul - Sep, 2024 | 19,025 | 783 | 738 | 504 | 39.6 | 4.1 | Oct 31, 2024 | J-GAAP |
| Oct - Dec, 2024 | 18,883 | 731 | 874 | 636 | 50.0 | 3.9 | Jan 31, 2025 | J-GAAP |
| Jan - Mar, 2025 | 25,616 | 1,735 | 1,795 | 1,162 | 91.3 | 6.8 | May 15, 2025 | J-GAAP |
| Apr - Jun, 2025 | 16,878 | 535 | 619 | 439 | 34.5 | 3.2 | Jul 31, 2025 | J-GAAP |
| YoY | +11.4% | +1,088.9% | +227.5% | +230.1% | +230.2% |
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