MEISEI INDUSTRIAL (1976) Q1 2025 earnings summary

Executive summary

• Net sales rose 18.2% year-over-year to ¥14,812 million, driven by strong maintenance work and large projects.

• Operating profit surged 87.9% to ¥1,526 million, and profit attributable to owners of parent increased 58.0% to ¥1,271 million.

• Orders received grew 1.7% to ¥17,927 million, reflecting robust overseas construction activity.

Financial highlights

• Ordinary profit increased 85.2% year-over-year to ¥1,822 million.

• Comprehensive income reached ¥2,591 million, up 149.0% from the prior year.

• Net income per share was ¥26.05, compared to ¥16.15 a year earlier.

• Equity-to-asset ratio improved to 76.0% from 75.1% at the previous fiscal year-end.

Outlook and guidance

• Full-year net sales forecast is ¥58,000 million, down 3.9% year-over-year.

• Operating profit is projected at ¥7,200 million (down 10.7%), and profit attributable to owners of parent at ¥5,200 million (down 16.7%).

• No revisions to previously announced earnings forecasts.