MEISEI INDUSTRIAL (1976) Q2 2026 earnings summary

Executive summary

• Orders received rose 0.9% year-over-year to ¥33,134 million, driven by growth in the construction business in Japan.

• Net sales declined 10.4% year-over-year to ¥28,300 million due to fewer large-scale projects in both construction and boiler businesses.

• Operating profit fell 28.7% to ¥2,799 million, ordinary profit dropped 26.6% to ¥3,123 million, and profit attributable to owners of parent decreased 35.4% to ¥1,900 million.

• Comprehensive income was ¥2,394 million, down 44.9% year-over-year.

Financial highlights

• Net sales: ¥28,300 million (down 10.4% year-over-year).

• Operating profit: ¥2,799 million (down 28.7% year-over-year).

• Ordinary profit: ¥3,123 million (down 26.6% year-over-year).

• Profit attributable to owners of parent: ¥1,900 million (down 35.4% year-over-year).

• Net income per share: ¥39.92 (down from ¥60.25 year-over-year).

• Comprehensive income: ¥2,394 million (down 44.9% year-over-year).

Outlook and guidance

• Full-year forecast revised downward: net sales ¥59,000 million (down 1.7% from previous forecast), operating profit ¥6,500 million (down 16.1%), ordinary profit ¥6,900 million (down 13.8%), profit attributable to owners of parent ¥5,400 million (down 12.9%).

• Net income per share forecast: ¥113.45.

• Dividend forecast maintained at ¥60.00 per share for the year.