MEISEI INDUSTRIAL (1976) Q2 2025 earnings summary

Executive summary

• Net sales rose 18.8% year-over-year to ¥31,576 million for the first half, driven by strong maintenance work and large projects in the construction business.

• Operating profit increased 44.2% to ¥3,925 million, and profit attributable to owners of parent grew 32.0% to ¥2,941 million.

• Orders received increased 0.4% to ¥32,825 million, supported by large overseas projects.

Financial highlights

• Ordinary profit surged 44.9% year-over-year to ¥4,257 million.

• Net income per share was ¥60.25, up from ¥44.74 in the prior year period.

• Comprehensive income increased 46.5% to ¥4,346 million.

• Total assets reached ¥84,892 million, up ¥460 million from March 2024.

• Net assets rose to ¥66,262 million, with a capital adequacy ratio of 77.4%.

Outlook and guidance

• Full-year net sales forecast revised upward to ¥63,000 million, a 4.3% increase year-over-year.

• Operating profit forecast raised to ¥7,800 million, ordinary profit to ¥8,350 million, and profit attributable to owners of parent to ¥6,000 million.

• Net income per share forecast at ¥122.85.

• Dividend forecast revised to ¥47.00 per share for the year.