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Meiji Holdings, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 11%, Oct-Dec Ordinary Profit Increases by 42%
2269 Meiji Holdings Co., Ltd. 【J-GAAP】
Earnings ReportMeiji Holdings Co., Ltd. <2269> [TSE Prime] announced its financial results after the market closed on February 12th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) increased 11.3% from the same period last year, reaching 72.4 billion yen. Progress toward the full-year plan of 87.5 billion yen was 82.7%, almost the same as the five-year average of 84.5%.
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 decrease 11.1% from the same period last year to 15.0 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit increased 41.9% from the same period last year, reaching 30.7 billion yen. The operating profit margin improved from 7.2% in the same period last year to 9.5%.
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 | 833,003 | 69,712 | 68,308 | 44,946 | 161.1 | 89.9 | Feb 8, 2024 | J-GAAP |
| Apr - Dec, 2024 | 875,026 | 66,454 | 65,038 | 43,624 | 159.4 | 79.3 | Feb 10, 2025 | J-GAAP |
| Apr - Dec, 2025 | 882,327 | 70,063 | 72,404 | 38,819 | 143.2 | 82.7 | Feb 12, 2026 | J-GAAP |
| YoY | +0.8% | +5.4% | +11.3% | -11.0% | -10.1% |
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 | 585,068 | 40,310 | 38,666 | 23,933 | 87.7 | 50 | May 9, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 602,115 | 50,058 | 45,874 | 32,523 | 120.0 | 52.50 | Nov 13, 2025 | J-GAAP |
| YoY | +2.9% | +24.2% | +18.6% | +35.9% | +36.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 1,105,494 | 84,322 | 76,020 | 50,675 | 181.6 | 95 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 1,154,074 | 84,702 | 82,013 | 50,800 | 186.1 | 100 | May 9, 2025 | J-GAAP |
| Mar, 2026 Guidance | 1,177,000 | 91,000 | 87,500 | 54,000 | 199.2 | 105 | Nov 13, 2025 | J-GAAP |
| YoY | +2.0% | +7.4% | +6.7% | +6.3% | +7.0% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 306,020 | 22,062 | 21,691 | 16,757 | 61.2 | 7.2 | Feb 10, 2025 | J-GAAP |
| Jan - Mar, 2025 | 279,048 | 18,248 | 16,975 | 7,176 | 26.3 | 6.5 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 273,569 | 17,749 | 17,984 | 10,095 | 37.3 | 6.5 | Aug 6, 2025 | J-GAAP |
| Jul - Sep, 2025 | 301,316 | 23,193 | 23,642 | 11,382 | 42.0 | 7.7 | Nov 13, 2025 | J-GAAP |
| Oct - Dec, 2025 | 307,442 | 29,121 | 30,778 | 17,342 | 64.0 | 9.5 | Feb 12, 2026 | J-GAAP |
| YoY | +0.5% | +32.0% | +41.9% | +3.5% | +4.5% |
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