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MEIKO TRANS, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 9%, Oct-Dec Ordinary Profit Increases by 8%
9357 MEIKO TRANS CO.,LTD. 【J-GAAP】
Earnings ReportMEIKO TRANS CO.,LTD. <9357> [NSE Main] announced its financial results in the afternoon session on February 9th (14:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) increased 9.5% from the same period last year, reaching 6.89 billion yen. Progress toward the full-year plan of 7.50 billion yen was 92.0%, also surpassing the five-year average of 79.8%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the January to March period (4Q) is expected to significant drop 64.1% from the same period last year to 0.60 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 7.8% from the same period last year, reaching 2.63 billion yen. However, the operating profit margin remained almost flat, changing from 9.2% in the same period last year to 8.9%.
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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 - Dec, 2023 | 59,163 | 4,320 | 5,523 | 3,842 | 128.8 | 84.5 | Feb 9, 2024 | J-GAAP |
| Apr - Dec, 2024 | 60,378 | 4,832 | 6,300 | 4,190 | 140.2 | 78.9 | Feb 7, 2025 | J-GAAP |
| Apr - Dec, 2025 | 61,869 | 5,108 | 6,897 | 4,866 | 162.6 | 92.0 | Feb 9, 2026 | J-GAAP |
| YoY | +2.5% | +5.7% | +9.5% | +16.1% | +16.0% |
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 | 41,250 | 3,297 | 4,123 | 2,897 | 96.9 | 23 | May 13, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 40,395 | 2,694 | 3,236 | 2,301 | 77.4 | 35 | Nov 12, 2025 | J-GAAP |
| YoY | -2.1% | -18.3% | -21.5% | -20.6% | -20.1% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 77,698 | 5,265 | 6,536 | 4,541 | 152.2 | 38 | May 14, 2024 | J-GAAP |
| Mar, 2025 | 81,485 | 6,271 | 7,981 | 5,380 | 180.0 | 46 | May 13, 2025 | J-GAAP |
| Mar, 2026 Guidance | 81,000 | 5,900 | 7,500 | 5,200 | 174.9 | 70 | May 13, 2025 | J-GAAP |
| YoY | -0.6% | -5.9% | -6.0% | -3.3% | -2.8% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 20,143 | 1,858 | 2,442 | 1,707 | 57.1 | 9.2 | Feb 7, 2025 | J-GAAP |
| Jan - Mar, 2025 | 21,107 | 1,439 | 1,681 | 1,190 | 39.8 | 6.8 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 20,388 | 1,767 | 2,576 | 1,630 | 54.5 | 8.7 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 20,217 | 1,439 | 1,688 | 1,269 | 42.4 | 7.1 | Nov 12, 2025 | J-GAAP |
| Oct - Dec, 2025 | 21,264 | 1,902 | 2,633 | 1,967 | 65.7 | 8.9 | Feb 9, 2026 | J-GAAP |
| YoY | +5.6% | +2.4% | +7.8% | +15.2% | +15.1% |
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