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MEISEI INDUSTRIAL's March 2026 results exceed initial guidance
MEISEI INDUSTRIAL Co.,Ltd. <1976> announced after the close of trading that its consolidated results for the fiscal year ending March 2026, which are currently being compiled, appear to have exceeded initial forecasts. Revenue is expected to reach 60 billion yen (down 9.5% year-on-year), up from the previous forecast of 59 billion yen. Operating profit is projected at 7.6 billion yen (down 28.4% year-on-year), compared to the earlier estimate of 6.5 billion yen. Net profit is anticipated to come in at 5.45 billion yen (down 35.5% year-on-year), versus the prior projection of 5.4 billion yen. The company attributed the improved performance to better construction profitability in the second half of the fiscal year, which absorbed cost increases including higher personnel expenses incurred in the first half. In conjunction with the upward revision to earnings, MEISEI INDUSTRIAL raised its year-end dividend forecast from 40 yen to 45 yen per share, bringing the full-year dividend forecast to 65 yen (compared to 60 yen in the previous fiscal year).
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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