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Meito Sangyo, First Half Ordinary Profit Increases by 8%

Mon Nov 10, 2025 4:00 pm JST Earnings

2207 MEITO CO.,LTD. 【J-GAAP】

Earnings Report

MEITO CO.,LTD. <2207> [TSE Prime] announced its financial results after the market closed on November 10th (16:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) increased 8.3% from the same period last year, reaching 1.78 billion yen. Progress toward the full-year plan of 2.80 billion yen was 63.8%, also surpassing the five-year average of 54.4%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to nearly flat at 1.01 billion yen, down 0.8% from the same period last year.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit decreased to 0.60 billion yen, a 7.0% decrease compared to the same period last year. The operating profit margin worsened from 7.7% in the same period last year to 7.1%.

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Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Sep, 2023 11,290 -58 645 468 27.7 45.1 Nov 10, 2023 J-GAAP
Apr - Sep, 2024 13,815 923 1,649 3,399 200.9 61.7 Nov 8, 2024 J-GAAP
Apr - Sep, 2025 14,239 1,037 1,786 2,199 129.9 63.8 Nov 10, 2025 J-GAAP
YoY +3.1% +12.4% +8.3% -35.3% -35.3%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2025 Guidance 20 May 13, 2025 J-GAAP
Apr - Sep, 2025 Results 14,239 1,037 1,786 2,199 129.9 20 Nov 10, 2025 J-GAAP
Revision Rate

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 14,256 482 1,022 1,320 78.0 18 May 13, 2025 J-GAAP
Oct - Mar, 2025 Guidance 15,261 563 1,014 601 35.9 25 Nov 10, 2025 J-GAAP
YoY +7.0% +16.8% -0.8% -54.5% -54.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 24,392 232 1,430 -703 -41.6 28 May 13, 2024 J-GAAP
Mar, 2025 28,071 1,405 2,671 4,719 278.8 35 May 13, 2025 J-GAAP
Mar, 2026 Guidance 29,500 1,600 2,800 2,800 167.1 45 Oct 14, 2025 J-GAAP
YoY +5.1% +13.9% +4.8% -40.7% -40.1%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 7,784 601 647 2,433 143.8 7.7 Nov 8, 2024 J-GAAP
Oct - Dec, 2024 7,484 330 857 1,031 60.9 4.4 Feb 10, 2025 J-GAAP
Jan - Mar, 2025 6,772 152 165 289 17.1 2.2 May 13, 2025 J-GAAP
Apr - Jun, 2025 6,214 471 1,184 977 57.8 7.6 Aug 8, 2025 J-GAAP
Jul - Sep, 2025 8,025 566 602 1,222 72.2 7.1 Nov 10, 2025 J-GAAP
YoY +3.1% -5.8% -7.0% -49.8% -49.8%

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