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Meiwa, 12% Decrease in Ordinary Profit for The Current Fiscal Year, Despite Last Fiscal Year's Dividend Increase, This Fiscal Year to Decrease Dividend

Wed Apr 30, 2025 1:30 pm JST Earnings

8103 Meiwa Corporation 【J-GAAP】

Earnings Report

Meiwa Corporation <8103> [TSE Prime] announced its financial results in the afternoon session on April 30th (13:30). The consolidated ordinary profit for the fiscal year ending March 2025 increased 12.1% from the previous period to 4.52 billion yen. However, for the fiscal year ending March 2026, the profit is expected to decrease by 11.5% from the previous period to 4 billion yen.

At the same time, the company increased the annual dividend for the previous term from 37 yen to 42 yen (compared to 34 yen in the prior term), and has decided to reduce the dividend this fiscal year to 38 yen, a decrease of 4 yen from the previous fiscal year.

In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit decreased to 1.02 billion yen, a 5.5% decrease compared to the same period last year. However, the operating profit margin improved from 1.7% in the same period last year to 2.1%.

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Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 156,662 3,655 3,169 1,720 41.2 25 Apr 28, 2023 J-GAAP
Mar, 2024 158,279 2,970 4,032 2,754 66.1 34 Apr 30, 2024 J-GAAP
Mar, 2025 156,727 3,568 4,520 3,376 83.3 42 Apr 30, 2025 J-GAAP
YoY -1.0% +20.1% +12.1% +22.6% +26.0%

Full Year Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Guidance 157,000 3,300 4,000 3,000 74.6 37 Jan 31, 2025 J-GAAP
Mar, 2025 Results 156,727 3,568 4,520 3,376 83.3 42 Apr 30, 2025 J-GAAP
Revision Rate -0.2% +8.1% +13.0% +12.5% +11.6%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2024 78,157 1,499 1,857 1,321 32.4 0 Oct 31, 2024 J-GAAP
Apr - Sep, 2025 Guidance 0 Apr 30, 2025 J-GAAP
YoY

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 158,279 2,970 4,032 2,754 66.1 34 Apr 30, 2024 J-GAAP
Mar, 2025 156,727 3,568 4,520 3,376 83.3 42 Apr 30, 2025 J-GAAP
Mar, 2026 Guidance 160,000 3,200 4,000 3,000 74.6 38 Apr 30, 2025 J-GAAP
YoY +2.1% -10.3% -11.5% -11.1% -10.4%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jan - Mar, 2024 40,042 664 1,079 811 19.5 1.7 Apr 30, 2024 J-GAAP
Apr - Jun, 2024 39,742 780 1,071 756 18.4 2.0 Jul 31, 2024 J-GAAP
Jul - Sep, 2024 38,415 719 786 565 13.8 1.9 Oct 31, 2024 J-GAAP
Oct - Dec, 2024 42,198 1,315 1,643 1,125 27.7 3.1 Jan 31, 2025 J-GAAP
Jan - Mar, 2025 36,372 754 1,020 930 22.9 2.1 Apr 30, 2025 J-GAAP
YoY -9.2% +13.6% -5.5% +14.7% +17.9%

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