MEIKO CONSTRUCTION, Ordinary Profit Forecast for the Fiscal Year Revised Upward to an Unexpected 1% Increase, Dividend Revised Upward by 12 Yen
1869 MEIKO CONSTRUCTION CO.,LTD. 【J-GAAP】
Earnings ReportMEIKO CONSTRUCTION CO.,LTD. <1869> [NSE Main] announced its financial results after the market closed on January 30th (16:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) increased 15.9% from the same period last year, reaching 5.43 billion yen.
In addition, the full-year forecast for consolidated ordinary profit has been revised upward 19.7%, from the previous forecast of 5.85 billion yen to 7.00 billion yen (compared to 6.91 billion yen in the previous period), turning to a 1.3% increase in the consolidated ordinary profit outlook.
Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the October to March period (second half) is expected to increase 40.8%, from the previous forecast of 2.81 billion yen to 3.96 billion yen (compared to 3.88 billion yen in the same period of the previous year), turning to a 2.0% increase in the consolidated ordinary profit outlook.
In light of the strong performance, the company has increased its planned annual dividend for the current fiscal year from the original plan of 42 yen to 54 yen (compared to 42 yen in the previous period).
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit increased 44.2% from the same period last year, reaching 2.40 billion yen. The operating profit margin improved from 6.0% in the same period last year to 8.9%.
Kabutan News