Notice Regarding the Recognition of an Extraordinary Loss and Revisions to Earnings and Dividend Forecasts
MEISEI INDUSTRIAL Co.,Ltd. (the Company)
Head office building
Because indications of impairment were identified in the fixed asset owned by the Company, namely the head office building. The Company will carry out impairment accounting in accordance with the Accounting Standard for Impairment of Fixed Assets.
The Company expects to recognize an impairment loss of ¥2,719 million as an extraordinary loss.
Fiscal year ending March 2026 (1 April 2025 to 31 March 2026)
The consolidated full-year earnings forecast for the fiscal year ending March 2026 has been revised to net sales of ¥60,000 million, operating income of ¥7,600 million, ordinary income of ¥8,250 million, and net income attributable to owners of the parent of ¥5,450 million (net income per share of ¥115.98). The non-consolidated earnings forecast has been revised to net sales of ¥41,000 million, operating income of ¥5,700 million, ordinary income of ¥7,400 million, and net income of ¥7,000 million (net income per share of ¥148.97).
The Company expects to recognize the impairment loss in the fiscal year ending March 2026. The proposed year-end dividend of ¥45 is scheduled to be submitted to the 84th Annual General Meeting of Shareholders, scheduled for June 2026.
| Item | Details |
|---|---|
| Event name | Notice Regarding the Recognition of an Extraordinary Loss and Revisions to Earnings and Dividend Forecasts |
| Date of occurrence | 24 April 2026 (the date on which the Board of Directors meeting held today decided on the expected recognition and forecast revisions) |
| Subject Entity | MEISEI INDUSTRIAL Co.,Ltd. (the Company) |
| Target Locations / Products | Head office building |
| Cause | Because indications of impairment were identified in the fixed asset owned by the Company, namely the head office building. The Company will carry out impairment accounting in accordance with the Accounting Standard for Impairment of Fixed Assets. |
| Amount of Impact on Business Performance | The Company expects to recognize an impairment loss of ¥2,719 million as an extraordinary loss. |
| Accounting period in which recognized | Fiscal year ending March 2026 (1 April 2025 to 31 March 2026) |
| Impact on Earnings Forecast | The consolidated full-year earnings forecast for the fiscal year ending March 2026 has been revised to net sales of ¥60,000 million, operating income of ¥7,600 million, ordinary income of ¥8,250 million, and net income attributable to owners of the parent of ¥5,450 million (net income per share of ¥115.98). The non-consolidated earnings forecast has been revised to net sales of ¥41,000 million, operating income of ¥5,700 million, ordinary income of ¥7,400 million, and net income of ¥7,000 million (net income per share of ¥148.97). |
| Outlook | The Company expects to recognize the impairment loss in the fiscal year ending March 2026. The proposed year-end dividend of ¥45 is scheduled to be submitted to the 84th Annual General Meeting of Shareholders, scheduled for June 2026. |
Items this document does not state (16)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Because indications of impairment were identified in the head office building, the Company will carry out impairment accounting in accordance with the Accounting Standard for Impairment of Fixed Assets. Earnings forecasts have been raised because construction profitability improved from the second half, allowing the Company to absorb cost increases, including higher personnel expenses in the first half. The dividend increase reflects a comprehensive consideration of the earnings forecast, financial position and other factors in accordance with the basic policy on profit distribution.