Meiko Trans Co (9357) Q2 2025 earnings summary

Executive summary

• Net sales for the six months ended September 30, 2024, rose 3.3% year-over-year to ¥40,235 million.

• Operating profit increased 7.8% year-over-year to ¥2,974 million.

• Ordinary profit grew 12.0% year-over-year to ¥3,858 million.

• Profit attributable to owners of parent was ¥2,483 million, up 2.9% year-over-year.

• Comprehensive income surged to ¥8,206 million from ¥2,886 million a year earlier.

Financial highlights

• Gross profit increased to ¥8,529 million from ¥7,934 million year-over-year.

• Basic earnings per share for the period was ¥83.13, up from ¥80.86 year-over-year.

• Total assets as of September 30, 2024, were ¥152,147 million, up from ¥151,026 million as of March 31, 2024.

• Net assets increased to ¥124,140 million from ¥121,792 million at the previous fiscal year-end.

• Capital adequacy ratio improved to 78.2% from 77.3% as of March 31, 2024.

Outlook and guidance

• Full-year net sales forecasted at ¥80,000 million, up 3.0% year-over-year.

• Operating profit projected at ¥5,800 million, up 10.1% year-over-year.

• Ordinary profit expected to reach ¥7,400 million, up 13.2% year-over-year.

• Profit attributable to owners of parent forecasted at ¥5,000 million, up 10.1% year-over-year.

• Basic earnings per share for the full year projected at ¥167.36.