Meiko Trans Co (9357) Q3 2025 earnings summary

Executive summary

• Net sales for the nine months ended December 31, 2024, increased by 2.1% year-over-year to ¥60,378 million.

• Operating profit rose 11.8% year-over-year to ¥4,832 million, and ordinary profit grew 14.1% to ¥6,300 million.

• Profit attributable to owners of parent increased 9.1% year-over-year to ¥4,190 million.

• Comprehensive income declined sharply to ¥3,945 million from ¥9,096 million in the prior year period.

Financial highlights

• Gross profit for the nine months was ¥13,091 million, up from ¥12,164 million year-over-year.

• Basic earnings per share rose to ¥140.23 from ¥128.77 year-over-year.

• Total assets as of December 31, 2024, were ¥152,097 million, with net assets at ¥124,510 million.

• Capital adequacy ratio improved to 78.4% from 77.3% as of March 31, 2024.

Outlook and guidance

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

• Operating profit is projected at ¥5,800 million (up 10.1%), ordinary profit at ¥7,400 million (up 13.2%), and profit attributable to owners of parent at ¥5,000 million (up 10.1%).

• Full-year basic earnings per share forecast is ¥167.36.

• Year-end dividend forecast is ¥23.00 per share, with a total annual dividend of ¥46.00 per share.