Komori
Earnings1976MEISEI INDUSTRIAL Co.,Ltd.Construction and Materials

Summary of Financial Results for the First Quarter of the Fiscal Year Ending March 2027 (Japanese GAAP) (Consolidated)

In the first quarter of the fiscal year ending March 2027, net sales decreased 5.3% year on year and operating income decreased 1.3%, while ordinary income increased 0.1% and profit attributable to owners of the parent increased 6.8%. Orders received increased due to large-scale orders in the boiler business, but net sales decreased because progress on projects in that business was limited.

Worth reading
44Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
-5.3
% (year-on-year change in revenue)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAP
Net Sales13,110¥ millionYear on year -5.3%Progress 21.5%
Operating profit1,084¥ millionYear on year -1.3%Progress 15.5%
Ordinary income1,288¥ millionYear on year +0.1%Progress 16.8%
Net income attributable to owners of the parent856¥ millionYear on year +6.8%

The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.

Net income per share¥18.66
Financial position at period-end
Total assets83,685¥ million
of which net assets 68,652 ¥ millionEquity ratio 81.4%vs. prior year-end +0.8pt

塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.

Segment profit
Construction projects business1,061100.0%
Boiler business00.0%
Segment revenueConstruction projects business ¥12,159 million (YoY +2.0%), Boiler business ¥951 million (YoY -50.6%)
Regional sales¥12,391 million, ¥718 million, ¥0 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥61,000 million (YoY +1.2%)
Operating profit¥7,000 million (YoY -8.8%)
Ordinary income¥7,650 million (YoY -7.9%)
Profit attributable to owners of the parent¥5,600 million (YoY +1.9%)
Annual Dividend Forecast¥65 → ¥65(0.0%)
Factors Behind Changes in Business Performance

The construction work business remained solid, while progress on large-scale projects in the boiler business was limited. Orders received increased due to large-scale orders in the boiler business.

Disclosure regarding the going concern assumption

No applicable matters

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew 0 / Excluded 0 / Company name Not disclosed
Depreciation and amortization¥228 million
Orders received and order backlogOrders received ¥20,109 million / Order backlog ¥29,485 million
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End55,117,218
Treasury Shares at Period-End9,215,158
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 June 2026
Net Sales¥13,110 million (YoY -5.3%)
Operating profit¥1,084 million (YoY -1.3%)
Ordinary income¥1,288 million (YoY +0.1%)
Profit attributable to owners of the parent¥856 million (YoY +6.8%)
Net income per share¥18.66
Equity ratioEnd of the current fiscal period 81.4 / End of previous period 80.6
Total assets¥83,685 million
Net assets¥68,652 million
Full-year earnings forecastNet Sales ¥61,000 million (YoY +1.2%) / Operating profit ¥7,000 million (YoY -8.8%) / Ordinary income ¥7,650 million (YoY -7.9%) / Profit attributable to owners of the parent ¥5,600 million (YoY +1.9%)
Annual Dividend Forecast¥65 → ¥65(0.0%)
Segment revenueConstruction projects business ¥12,159 million (YoY +2.0%), Boiler business ¥951 million (YoY -50.6%)
Segment profitSegment Construction projects business / Profit ¥1,061 million (YoY +4.0%), Segment Boiler business / Profit ¥0 million
Regional sales¥12,391 million, ¥718 million, ¥0 million
Orders received and order backlogOrders received ¥20,109 million / Order backlog ¥29,485 million
Depreciation and amortization¥228 million
Disclosure regarding the going concern assumptionNo applicable matters
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNew 0 / Excluded 0 / Company name Not disclosed
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End55,117,218
Treasury Shares at Period-End9,215,158
Factors Behind Changes in Business PerformanceThe construction work business remained solid, while progress on large-scale projects in the boiler business was limited. Orders received increased due to large-scale orders in the boiler business.
Items this document does not state (11)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicyImpairment lossBreakdown of extraordinary income (loss)Material subsequent events

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.

The construction work business remained solid, but net sales decreased because progress on large-scale projects in the boiler business was limited. Orders received increased due to large-scale orders in the boiler business.

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Summary of Financial Results for the First Quarter of the Fiscal Year Ending March 2027 (Japanese GAAP) (Consolidated) | MEISEI INDUSTRIAL Co.,Ltd. (1976) timely disclosure | Komori