Meidensha (6508) Q1 2026 earnings summary

Executive summary

• Net sales rose 6.2% year-over-year to ¥58,390 million for the quarter ended June 30, 2025, with operating income turning positive at ¥348 million from a ¥896 million loss last year.

• Ordinary income increased to ¥573 million, while net income attributable to owners of the parent dropped 54.3% to ¥465 million.

• Comprehensive income grew 13.3% year-over-year to ¥2,208 million.

Financial highlights

• Gross profit improved to ¥15,251 million from ¥13,400 million year-over-year.

• Equity ratio increased to 42.2% from 40.7% at the previous fiscal year-end.

• Cash and cash equivalents at quarter-end were ¥37,594 million, up from ¥26,559 million a year earlier.

• Total assets decreased to ¥324,495 million, mainly due to collection of receivables.

Outlook and guidance

• Full-year net sales forecast is ¥335,000 million, up 11.3% year-over-year.

• Operating income is projected at ¥20,000 million, down 7.0% from the prior year.

• Net income attributable to owners of the parent is forecast at ¥14,000 million, a 24.3% decrease year-over-year.

• Dividend forecast for FY2026 is yet to be determined.