Meiko Trans Co (9357) Q2 2026 earnings summary

Executive summary

• Net sales for the six months ended September 30, 2025, rose 0.9% year-over-year to ¥40,605 million.

• Operating profit increased 7.8% year-over-year to ¥3,206 million, and ordinary profit rose 10.5% to ¥4,264 million.

• Profit attributable to owners of parent grew 16.8% year-over-year to ¥2,899 million.

• Comprehensive income surged 113.6% year-over-year to ¥6,166 million.

Financial highlights

• Gross profit for the period was ¥8,909 million, up from ¥8,529 million year-over-year.

• Basic earnings per share increased to ¥96.90 from ¥83.13 year-over-year.

• Total assets as of September 30, 2025, were ¥161,255 million, up from ¥153,933 million at March 31, 2025.

• Equity-to-asset ratio improved to 80.6% from 78.5% at the previous fiscal year-end.

Outlook and guidance

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

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

• Ordinary profit is forecast at ¥7,500 million, a 6.0% decrease, and profit attributable to owners of parent at ¥5,200 million, down 3.3%.

• Annual dividend forecast is ¥70.00 per share, with a second quarter dividend of ¥35.00.