Meiko Trans Co (9357) Q1 2027 earnings summary

Executive summary

• Net sales rose 2.0% year-over-year to ¥20,804 million for the quarter ended June 30, 2026.

• Operating profit declined 23.3% year-over-year to ¥1,355 million.

• Ordinary profit decreased 11.2% year-over-year to ¥2,289 million.

• Profit attributable to owners of parent was ¥1,607 million, down 1.5% year-over-year.

• Comprehensive income surged to ¥5,316 million, up 181.5% year-over-year.

Financial highlights

• Gross profit fell to ¥4,359 million from ¥4,561 million year-over-year.

• Selling, general and administrative expenses increased to ¥3,003 million from ¥2,793 million.

• Basic earnings per share was ¥54.05, nearly flat from ¥54.54 a year earlier.

• Total assets increased to ¥184,468 million as of June 30, 2026, from ¥179,705 million at March 31, 2026.

• Net assets rose to ¥146,011 million from ¥142,019 million at the previous fiscal year-end.

Outlook and guidance

• Full-year net sales forecast at ¥81,000 million, down 2.2% year-over-year.

• Full-year operating profit projected at ¥5,100 million, down 16.6% year-over-year.

• Profit attributable to owners of parent expected at ¥6,000 million, up 1.5% year-over-year.

• Basic earnings per share forecasted at ¥201.79 for the full year.

• Annual dividend forecast raised to ¥100.00 per share, including a ¥50.00 year-end dividend.