MEIJI ELECTRIC INDUSTRIES, 7% Increase in Ordinary Profit for The Current Fiscal Year, Increased Previous Year's Dividend by 2 Yen, This Fiscal Year to Increase Dividend by 6 Yen
3388 MEIJI ELECTRIC INDUSTRIES CO., LTD. 【J-GAAP】
Earnings ReportMEIJI ELECTRIC INDUSTRIES CO., LTD. <3388> [TSE Prime] announced its financial results after the market closed on May 15th (15:30). The consolidated ordinary profit for the fiscal year ended March 2026 increased by 13.7% from the previous period to 4.09 billion yen. For the fiscal year ending March 2027, the consolidated ordinary profit is expected to grow by 7.1% to 4.38 billion yen. This will be the sixth consecutive term of profit growth.
At the same time, the company increased the annual dividend for the previous term from 88 yen to 90 yen (compared to 60 yen in the prior term), and has decided to increase the dividend this fiscal year to 96 yen, an increase of 6 yen from the previous fiscal year.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit decreased to 1.59 billion yen, an 11.1% decrease compared to the same period last year. The operating profit margin remained almost flat, changing from 6.8% in the same period last year to 6.6%.
Kabutan News
Actual Performance and Financial Trends
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
74,580M | 2,914M | 3,332M | 2,426M | 191.5 | 58 | May 14, 2024 | J-GAAP |
|
|
78,672M | 3,294M | 3,596M | 2,435M | 191.3 | 60 | May 15, 2025 | J-GAAP |
|
|
76,360M | 3,670M | 4,090M | 2,844M | 223.1 | 90 | May 15, 2026 | J-GAAP |
| YoY | -2.9% | +11.4% | +13.7% | +16.8% | +16.6% |
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Guidance | 82,500M | 3,730M | 3,990M | 2,800M | 219.6 | 88 | May 15, 2025 | J-GAAP |
| Mar, 2026 Results | 76,360M | 3,670M | 4,090M | 2,844M | 223.1 | 90 | May 15, 2026 | J-GAAP |
| Revision Rate | -7.4% | -1.6% | +2.5% | +1.6% | +1.6% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
36,745M | 1,645M | 1,813M | 1,306M | 102.6 | 44 | Oct 31, 2025 | J-GAAP |
|
Guidance
Apr - Sep, 2026
|
39,100M | 1,520M | 1,670M | 1,160M | 92.1 | 48 | May 15, 2026 | J-GAAP |
| YoY | +6.4% | -7.6% | -7.9% | -11.2% | -10.3% |
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
78,672M | 3,294M | 3,596M | 2,435M | 191.3 | 60 | May 15, 2025 | J-GAAP |
|
|
76,360M | 3,670M | 4,090M | 2,844M | 223.1 | 90 | May 15, 2026 | J-GAAP |
|
Guidance
Mar, 2027
|
84,000M | 4,070M | 4,380M | 3,060M | 242.8 | 96 | May 15, 2026 | J-GAAP |
| YoY | +10.0% | +10.9% | +7.1% | +7.6% | +8.8% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Operating Profit Margin |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
25,616M | 1,735M | 1,795M | 1,162M | 91.3 | 6.8 | May 15, 2025 | J-GAAP |
|
|
16,878M | 535M | 619M | 439M | 34.5 | 3.2 | Jul 31, 2025 | J-GAAP |
|
|
19,867M | 1,110M | 1,194M | 867M | 68.1 | 5.6 | Oct 31, 2025 | J-GAAP |
|
|
17,072M | 542M | 681M | 479M | 37.6 | 3.2 | Jan 30, 2026 | J-GAAP |
|
|
22,543M | 1,483M | 1,596M | 1,059M | 83.1 | 6.6 | May 15, 2026 | J-GAAP |
| YoY | -12.0% | -14.5% | -11.1% | -8.9% | -9.0% |
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