MEISEI INDUSTRIAL (1976) Q4 2025 earnings summary

Executive summary

• Net sales rose 9.8% year-over-year to ¥66,283 million, driven by strong construction and boiler business performance.

• Operating profit increased 31.6% to ¥10,613 million, and profit attributable to owners of parent grew 35.4% to ¥8,454 million.

• Orders received increased 7.4% to ¥62,271 million, reflecting robust demand in construction.

Financial highlights

• Ordinary profit rose 31.4% year-over-year to ¥11,235 million.

• Comprehensive income reached ¥10,018 million, up 34.0% year-over-year.

• Net assets increased to ¥69,206 million, with an equity-to-asset ratio of 77.4%.

• Cash and cash equivalents at year-end were ¥33,449 million, up ¥2,078 million from the prior year.

Outlook and guidance

• For FY ending March 31, 2026, consolidated net sales are forecast at ¥60,000 million, operating profit at ¥7,750 million, and profit attributable to owners of parent at ¥6,200 million.

• Dividend per share is projected to remain at ¥60, with a DOE target of 4%+ and payout ratio of 30–40%.