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MEISEI INDUSTRIAL, 8% Decrease in Ordinary Profit for The Current Fiscal Year
1976 MEISEI INDUSTRIAL Co.,Ltd. 【J-GAAP】
Earnings ReportMEISEI INDUSTRIAL Co.,Ltd. <1976> [TSE Prime] announced its financial results in the afternoon session on May 8th (13:30). The consolidated ordinary profit for the fiscal year ended March 2026 decreased by 26.1% from the previous period to 8.30 billion yen. For the fiscal year ending March 2027, the consolidated ordinary profit is expected to decrease by 7.9% from the previous period to 7.65 billion yen.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit significantly dropped to 2.26 billion yen, a 52.1% decrease compared to the same period last year. The operating profit margin significantly dropped from 24.2% in the same period last year to 13.6%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 60,377 | 8,061 | 8,548 | 6,243 | 126.1 | 55 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 66,283 | 10,613 | 11,235 | 8,454 | 174.7 | 60 | May 9, 2025 | J-GAAP |
| Mar, 2026 | 60,299 | 7,675 | 8,306 | 5,494 | 116.9 | 65 | May 8, 2026 | J-GAAP |
| YoY | -9.0% | -27.7% | -26.1% | -35.0% | -33.1% |
Full Year Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Guidance | 60,000 | 7,600 | 8,250 | 5,450 | 116.0 | 65 | Apr 24, 2026 | J-GAAP |
| Mar, 2026 Results | 60,299 | 7,675 | 8,306 | 5,494 | 116.9 | 65 | May 8, 2026 | J-GAAP |
| Revision Rate | +0.5% | +1.0% | +0.7% | +0.8% | +0.8% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 28,300 | 2,799 | 3,123 | 1,900 | 39.9 | 20 | Oct 31, 2025 | J-GAAP |
| Apr - Sep, 2026 Guidance | 28,000 | 2,600 | 3,200 | 2,400 | 52.3 | 25 | May 8, 2026 | J-GAAP |
| YoY | -1.1% | -7.1% | +2.5% | +26.3% | +31.0% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 66,283 | 10,613 | 11,235 | 8,454 | 174.7 | 60 | May 9, 2025 | J-GAAP |
| Mar, 2026 | 60,299 | 7,675 | 8,306 | 5,494 | 116.9 | 65 | May 8, 2026 | J-GAAP |
| Mar, 2027 Guidance | 61,000 | 7,000 | 7,650 | 5,600 | 122.0 | 65 | May 8, 2026 | J-GAAP |
| YoY | +1.2% | -8.8% | -7.9% | +1.9% | +4.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 18,989 | 4,603 | 4,731 | 3,983 | 82.3 | 24.2 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 13,840 | 1,099 | 1,287 | 802 | 16.9 | 7.9 | Jul 31, 2025 | J-GAAP |
| Jul - Sep, 2025 | 14,460 | 1,700 | 1,836 | 1,098 | 23.1 | 11.8 | Oct 31, 2025 | J-GAAP |
| Oct - Dec, 2025 | 15,845 | 2,681 | 2,916 | 2,074 | 43.8 | 16.9 | Jan 30, 2026 | J-GAAP |
| Jan - Mar, 2026 | 16,154 | 2,195 | 2,267 | 1,520 | 32.4 | 13.6 | May 8, 2026 | J-GAAP |
| YoY | -14.9% | -52.3% | -52.1% | -61.8% | -60.7% |
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