kabutan

Meiho Holdings, First Half Ordinary Profit Turns to Loss

Fri Feb 13, 2026 1:10 pm JST Earnings

7369 Meiho Holdings,Inc. 【J-GAAP】

Earnings Report

Meiho Holdings,Inc. <7369> [TSE Growth] announced its financial results in the afternoon session on February 13th (13:10). The consolidated ordinary profit/loss for the cumulative second quarter of the fiscal year ending June 2026 (July to December) turned into a loss of 113 million yen (compared to a profit of 82 million yen in the same period last year), further increasing the deficit beyond the forecast of a loss of 20 million yen

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the January to June period (second half) is expected to expand 77.6% from the same period last year, reaching 643 million yen.

In the most recent three-month period, from October to December (2Q), the consolidated ordinary profit significantly dropped to 11 million yen, a 92.0% decrease compared to the same period last year. The operating profit margin drastically worsened from 4.1% in the same period last year to 0.3%.

Kabutan News

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
Jul - Dec, 2023 4,383 -14 -96 -174 -37.2 ー Feb 13, 2024 J-GAAP
Jul - Dec, 2024 6,208 100 82 -16 -3.5 18.5 Feb 14, 2025 J-GAAP
Jul - Dec, 2025 5,867 -116 -113 -105 -22.3 ー Feb 13, 2026 J-GAAP
YoY -5.5% － － -556.3% -545.7%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jul - Dec, 2025 Guidance 6,100 -10 -20 -90 -19.2 0 Aug 13, 2025 J-GAAP
Jul - Dec, 2025 Results 5,867 -116 -113 -105 -22.3 0 Feb 13, 2026 J-GAAP
Revision Rate -3.8% -1,060.0% -465.0% -16.7% -16.7%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan - Jun, 2025 6,799 372 362 184 39.2 0 Aug 13, 2025 J-GAAP
Jan - Jun, 2026 Guidance 7,633 656 643 305 64.9 0 Feb 13, 2026 J-GAAP
YoY +12.3% +76.3% +77.6% +65.8% +65.4%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jun, 2024 10,348 147 89 -88 -18.7 0 Aug 13, 2024 J-GAAP
Jun, 2025 13,007 472 444 168 35.8 0 Aug 13, 2025 J-GAAP
Jun, 2026 Guidance 13,500 540 530 200 42.6 0 Aug 13, 2025 J-GAAP
YoY +3.8% +14.4% +19.4% +19.0% +18.8%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2024 3,336 136 138 59 12.8 4.1 Feb 14, 2025 J-GAAP
Jan - Mar, 2025 3,943 531 529 319 67.9 13.5 May 14, 2025 J-GAAP
Apr - Jun, 2025 2,856 -159 -167 -135 -28.8 -5.6 Aug 13, 2025 J-GAAP
Jul - Sep, 2025 2,572 -125 -124 -113 -24.1 -4.9 Nov 14, 2025 J-GAAP
Oct - Dec, 2025 3,295 9 11 8 1.7 0.3 Feb 13, 2026 J-GAAP
YoY -1.2% -93.4% -92.0% -86.4% -86.7%

Related Articles