Meiko Trans Co (9357) Q1 2026 earnings summary

Executive summary

• Net sales for the quarter ended June 30, 2025, rose 5.2% year-over-year to ¥20,388 million.

• Operating profit increased 28.5% year-over-year to ¥1,767 million.

• Ordinary profit grew 27.4% year-over-year to ¥2,576 million.

• Profit attributable to owners of parent surged 34.1% year-over-year to ¥1,630 million.

• Comprehensive income decreased 17.0% year-over-year to ¥1,888 million.

Financial highlights

• Gross profit for the quarter was ¥4,561 million, up from ¥4,113 million a year earlier.

• Basic earnings per share increased to ¥54.54 from ¥40.72 year-over-year.

• Total assets as of June 30, 2025, were ¥154,882 million, up from ¥153,933 million at March 31, 2025.

• Net assets rose to ¥128,149 million from ¥126,337 million at the previous fiscal year-end.

• Capital adequacy ratio improved to 81.2% from 78.5% at March 31, 2025.

Outlook and guidance

• Full-year net sales forecast for fiscal year ending March 31, 2026, is ¥81,000 million, up 0.6% year-over-year.

• Operating profit is projected at ¥5,900 million, down 5.9% year-over-year.

• Profit attributable to owners of parent is forecast at ¥5,200 million, down 3.3% year-over-year.

• Basic earnings per share for the full year is expected to be ¥173.89.

• Annual dividend forecast is ¥70.00 per share, including a ¥35.00 first-quarter dividend.