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MEISEI INDUSTRIAL shares firm as FY March 2026 results exceed guidance on improved construction profitability
MEISEI INDUSTRIAL <1976> traded firmly. The company announced after the market close on April 24 that its consolidated results for the fiscal year ending March 2026, currently being finalized, are expected to beat previous guidance. Revenue is now projected at 60.0 billion yen (down 9.5% year-on-year) against a prior forecast of 59.0 billion yen, operating profit at 7.6 billion yen (down 28.4% year-on-year) versus 6.5 billion yen, and net profit at 5.45 billion yen (down 35.5% year-on-year) versus 5.4 billion yen. The positive surprise was driven by improved construction profitability in the second half, which offset cost increases including higher personnel expenses incurred in the first half. Along with the upward revision, MEISEI raised its year-end dividend forecast to 45 yen from 40 yen, bringing the full-year payout to 65 yen, compared with 60 yen in the previous fiscal year.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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