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Meiho Facility Works, First Half Ordinary Profit Increases by 11%, Jul-Sep Ordinary Profit Increases by 3%

Fri Nov 7, 2025 4:00 pm JST Earnings

1717 Meiho Facility Works Ltd. 【J-GAAP】

Earnings Report

Meiho Facility Works Ltd. <1717> [TSE Std] announced its financial results after the market closed on November 7th (16:00). The ordinary profit (non-consolidated) for the cumulative second quarter of the fiscal year ending March 2026 (April to September) increased 10.6% from the same period last year, reaching 0.77 billion yen. Progress toward the full-year plan of 1.26 billion yen was 61.2%, also surpassing the five-year average of 46.7%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the October to March period (second half) is expected to decrease 8.3% from the same period last year to 0.48 billion yen.

In the most recent three-month period, from July to September (2Q), the ordinary profit grew 3.0% from the same period last year, reaching 0.41 billion yen. However, the operating profit margin decreased from 28.0% in the same period last year to 25.8%.

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Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Sep, 2023 2,409 545 546 402 34.8 51.0 Nov 6, 2023 J-GAAP
Apr - Sep, 2024 2,658 695 697 511 44.0 56.7 Nov 8, 2024 J-GAAP
Apr - Sep, 2025 2,987 769 771 571 48.8 61.2 Nov 7, 2025 J-GAAP
YoY +12.4% +10.6% +10.6% +11.7% +10.8%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2025 Guidance 2,782 698 700 503 43.0 0 May 14, 2025 J-GAAP
Apr - Sep, 2025 Results 2,987 769 771 571 48.8 0 Nov 7, 2025 J-GAAP
Revision Rate +7.4% +10.2% +10.1% +13.5% +13.4%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 3,058 531 533 399 34.3 42.50 May 14, 2025 J-GAAP
Oct - Mar, 2025 Guidance 2,903 488 489 349 29.7 43 Nov 7, 2025 J-GAAP
YoY -5.1% -8.1% -8.3% -12.5% -13.4%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 5,266 1,068 1,070 790 68.3 37.50 May 14, 2024 J-GAAP
Mar, 2025 5,716 1,226 1,230 910 78.2 42.50 May 14, 2025 J-GAAP
Mar, 2026 Guidance 5,890 1,257 1,260 920 78.2 43 May 14, 2025 J-GAAP
YoY +3.0% +2.5% +2.4% +1.1% +0.1%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 1,413 396 398 292 25.2 28.0 Nov 8, 2024 J-GAAP
Oct - Dec, 2024 1,473 244 244 173 14.9 16.6 Feb 7, 2025 J-GAAP
Jan - Mar, 2025 1,585 287 289 226 19.4 18.1 May 14, 2025 J-GAAP
Apr - Jun, 2025 1,405 361 361 255 21.9 25.7 Aug 8, 2025 J-GAAP
Jul - Sep, 2025 1,582 408 410 316 27.0 25.8 Nov 7, 2025 J-GAAP
YoY +12.0% +3.0% +3.0% +8.2% +7.3%

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