Meiji Electric Industries Co (3388) Q3 2025 earnings summary

Executive summary

• Net sales for the nine months ended December 31, 2024, increased 1.3% year-over-year to ¥53,056 million.

• Operating profit declined 13.0% year-over-year to ¥1,559 million.

• Profit attributable to owners of parent fell 14.1% year-over-year to ¥1,273 million.

• Comprehensive income dropped significantly to ¥1,397 million from ¥2,381 million in the prior year.

Financial highlights

• Gross profit rose slightly to ¥7,913 million from ¥7,789 million year-over-year.

• Ordinary profit decreased 13.4% year-over-year to ¥1,801 million.

• Earnings per share for the period were ¥100.02, down from ¥117.05 in the prior year.

• Equity ratio improved to 65.4% as of December 31, 2024, from 62.9% as of March 31, 2024.

Outlook and guidance

• Full-year net sales forecast at ¥77,500 million, up 3.9% year-over-year.

• Full-year operating profit projected at ¥3,010 million, up 3.3% year-over-year.

• Profit attributable to owners of parent expected to decline 3.4% year-over-year to ¥2,240 million.

• Full-year EPS forecast at ¥176.03, down 7.7% year-over-year.