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Meiho Facility Works, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 8%
1717 Meiho Facility Works Ltd. 【J-GAAP】
Earnings ReportMeiho Facility Works Ltd. <1717> [TSE Std] announced its financial results after the market closed on February 6th (16:00). The ordinary profit (non-consolidated) for the cumulative third quarter of the fiscal year ending March 2026 (April to December) increased 8.3% from the same period last year, reaching 1.01 billion yen. Progress toward the full-year plan of 1.26 billion yen was 80.9%, also surpassing the five-year average of 69.7%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the January to March period (4Q) is expected to decrease 16.6% from the same period last year to 0.24 billion yen.
In the most recent three-month period, from October to December (3Q), the ordinary profit amounted to 0.24 billion yen, an increase of 1.6% compared to the same period last year. However, the operating profit margin decreased from 16.6% in the same period last year to 15.4%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Dec, 2023 | 3,836 | 816 | 817 | 600 | 51.9 | 76.4 | Feb 5, 2024 | J-GAAP |
| Apr - Dec, 2024 | 4,131 | 939 | 941 | 684 | 58.8 | 76.5 | Feb 7, 2025 | J-GAAP |
| Apr - Dec, 2025 | 4,605 | 1,018 | 1,019 | 755 | 64.4 | 80.9 | Feb 6, 2026 | J-GAAP |
| YoY | +11.5% | +8.4% | +8.3% | +10.4% | +9.5% |
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 |
|---|---|---|---|---|---|---|---|---|
| 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 |
| Oct - Dec, 2025 | 1,618 | 249 | 248 | 184 | 15.7 | 15.4 | Feb 6, 2026 | J-GAAP |
| YoY | +9.8% | +2.0% | +1.6% | +6.4% | +5.5% |
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