3388 MEIJI ELECTRIC INDUSTRIES CO., LTD. - Financial Results

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3388

TSE Prime

MEIJI ELECTRIC INDUSTRIES CO., LTD.

1,399

JPY

+29

(+2.12%)

Dec 23, 3:30 pm JST

8.93

USD

Dec 23, 1:30 am EST

Result

PTS

outside of trading hours

1,393.9

Dec 23, 8:52 pm JST

Summary Chart Historical News Financial Result

Current Period Guidance

Annual

Result

Guidance History

Growth Rate

Profitability

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2021	63,910	1,893	2,162	1,515	132.1	60	May 14, 2021	J-GAAP
Mar, 2022	67,749	2,008	2,439	1,780	154.1	47	May 13, 2022	J-GAAP
Mar, 2023	70,947	2,724	3,050	2,191	173.2	52	May 15, 2023	J-GAAP
Mar, 2024	74,580	2,914	3,332	2,426	191.5	58	May 14, 2024	J-GAAP
Mar, 2025 Guidance	77,500	3,010	3,220	2,240	175.9	60	Oct 31, 2024	J-GAAP
YoY	+3.9%	+3.3%	-3.4%	-7.7%	-8.1%

Revision Direction	Revision Date	Revenue	Operating Profit	Ordinary Profit	Net Profit	Revised Dividend	Accounting Standards
Mar, 2020	May 15, 2019	80,000	3,520	3,690	2,450	65	J-GAAP
Results	May 15, 2020	80,408	3,915	4,090	2,759	72	J-GAAP
Mar, 2021	May 15, 2020	Available in future release
	Jul 31, 2020
Results	May 14, 2021
Mar, 2022	May 14, 2021
Results	May 13, 2022
Mar, 2023	May 13, 2022
Results	May 15, 2023
Mar, 2024	May 15, 2023
Results	May 14, 2024
Mar, 2025	May 14, 2024	78,500	3,250	3,490	2,510	60	J-GAAP
	Oct 31, 2024	77,500	3,010	3,220	2,240	60	J-GAAP

Fiscal Year	Revenue	YoY	Operating Profit	YoY	Ordinary Profit	YoY	Adj. EPS	YoY
Mar, 2001	40,830	－	Available in future release
Mar, 2002	35,537	-13.0
Mar, 2003	35,861	+0.9
Mar, 2004	42,068	+17.3
Mar, 2005	47,223	+12.3
Mar, 2006	59,948	+26.9
Mar, 2007	60,504	+0.9
Mar, 2008	59,717	-1.3
Mar, 2009	49,315	-17.4
Mar, 2010	25,409	-48.5
Mar, 2011	37,537	+47.7
Mar, 2012	40,767	+8.6
Mar, 2013	43,832	+7.5
Mar, 2014	46,433	+5.9
Mar, 2015	55,408	+19.3
Mar, 2016	58,697	+5.9
Mar, 2017	60,260	+2.7
Mar, 2018	67,849	+12.6
Mar, 2019	82,978	+22.3
Mar, 2020	80,408	-3.1
Mar, 2021	63,910	-20.5
Mar, 2022	67,749	+6.0
Mar, 2023	70,947	+4.7
Mar, 2024	74,580	+5.1
Mar, 2025 Guidance	77,500	+3.9	3,010	+3.3	3,220	-3.4	175.9	-8.1

Fiscal Year	Revenue	Operating Profit	Operating Profit Margin	ROE	ROA	Total Asset Turnover Ratio	Adj. EPS
Mar, 2023	70,947	2,724	3.84	7.78	4.56	1.48	173.2
Mar, 2024	74,580	2,914	3.91	7.83	4.69	1.44	191.5
Mar, 2025 Guidance	77,500	3,010	3.88	6.71	4.40	1.52	175.9

All-Time High

	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS
Record	82,978	4,411	4,636	3,153	275.2
Fiscal Year	Mar, 2019	Mar, 2019	Mar, 2019	Mar, 2019	Mar, 2019

Second Half

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2021	35,870	1,117	1,292	929	80.4	27	May 13, 2022	J-GAAP
Oct - Mar, 2022	40,406	2,138	2,242	1,617	127.9	32	May 15, 2023	J-GAAP
Oct - Mar, 2023	40,611	1,814	1,970	1,462	115.4	38	May 14, 2024	J-GAAP
Oct - Mar, 2024 Guidance	43,327	2,182	2,293	1,603	125.9	30	Oct 31, 2024	J-GAAP
YoY	+6.7%	+20.3%	+16.4%	+9.6%	+9.1%

Cash Flow

Annual

Fiscal Year	Operating Profit	Fee Cash Flow	Operating Cash Flow	Investing Cash Flow	Financial Cash Flow	Cash & Equivalents	Cash Ratio	Accounting Standards
Mar, 2022	2,008	426	1,136	-710	489	7,749	17.35	J-GAAP
Mar, 2023	2,724	-4,717	-3,820	-897	1,661	4,875	9.49	J-GAAP
Mar, 2024	2,914	5,407	5,733	-326	-3,132	7,332	14.06	J-GAAP

Actual Performance and Financial Trends

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, 2022	30,541	586	808	574	45.4	26.5	Oct 31, 2022	J-GAAP
Apr - Sep, 2023	33,969	1,100	1,362	964	76.2	40.9	Oct 31, 2023	J-GAAP
Apr - Sep, 2024	34,173	828	927	637	50.1	28.8	Oct 31, 2024	J-GAAP
YoY	+0.6%	-24.7%	-31.9%	-33.9%	-34.2%

Quarterly Results

Result

Growth Rate

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2022	17,253	591	587	441	34.9	3.4	Jan 31, 2023	J-GAAP
Jan - Mar, 2023	23,153	1,547	1,655	1,176	93.0	6.7	May 15, 2023	J-GAAP
Apr - Jun, 2023	15,768	329	515	364	28.8	2.1	Jul 31, 2023	J-GAAP
Jul - Sep, 2023	18,201	771	847	600	47.4	4.2	Oct 31, 2023	J-GAAP
Oct - Dec, 2023	18,406	693	717	518	40.9	3.8	Jan 31, 2024	J-GAAP
Jan - Mar, 2024	22,205	1,121	1,253	944	74.5	5.0	May 14, 2024	J-GAAP
Apr - Jun, 2024	15,148	45	189	133	10.5	0.3	Jul 30, 2024	J-GAAP
Jul - Sep, 2024	19,025	783	738	504	39.6	4.1	Oct 31, 2024	J-GAAP
YoY	+4.5%	+1.6%	-12.9%	-16.0%	-16.4%

Fiscal Year	Revenue	YoY	Operating Profit	YoY	Ordinary Profit	YoY	Adj. EPS	YoY
Oct - Dec, 2019	18,631	-14.6	Available in future release
Jan - Mar, 2020	24,749	+9.7
Apr - Jun, 2020	14,077	-20.8
Jul - Sep, 2020	15,015	-22.1
Oct - Dec, 2020	15,250	-18.1
Jan - Mar, 2021	19,568	-20.9
Apr - Jun, 2021	15,321	+8.8
Jul - Sep, 2021	16,558	+10.3
Oct - Dec, 2021	15,785	+3.5
Jan - Mar, 2022	20,085	+2.6
Apr - Jun, 2022	13,658	-10.9
Jul - Sep, 2022	16,883	+2.0
Oct - Dec, 2022	17,253	+9.3
Jan - Mar, 2023	23,153	+15.3
Apr - Jun, 2023	15,768	+15.4
Jul - Sep, 2023	18,201	+7.8
Oct - Dec, 2023	18,406	+6.7
Jan - Mar, 2024	22,205	-4.1
Apr - Jun, 2024	15,148	-3.9
Jul - Sep, 2024	19,025	+4.5	783	+1.6	738	-12.9	39.6	-16.5

All-Time High Quarterly Results

	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS
Record	24,749	1,547	1,655	1,176	93.0
Fiscal Year	Mar, 2020	Mar, 2023	Mar, 2023	Mar, 2023	Mar, 2023

Key Balance Sheet Figures

Fiscal Year	BPS	Equity Ratio	Total Asset	Equity	Retained Earnings	Interest-Bearing Debt Ratio	Announce	Accounting Standards
Mar, 2022	2,144.63	60.7	44,666	27,132	22,204	0.01	May 13, 2022	J-GAAP
Mar, 2023	2,306.54	56.8	51,351	29,180	23,801	0.09	May 15, 2023	J-GAAP
Mar, 2024	2,577.33	62.9	52,148	32,778	25,569	0.00	May 14, 2024	J-GAAP
Apr - Sep, 2024	ー	65.6	50,877	33,381	25,723	ー	Oct 31, 2024	J-GAAP

MEIJI ELECTRIC INDUSTRIES CO., LTD.(3388) Financial Results