Komori
Meiji Electric Industries (3388) · FactFull-year revenue down, profit up

First-quarter profit decline due to yen appreciation and higher personnel expenses

First written in FY2017-Q1. 4 of 35 entries say "Restated". Latest entry: FY2026.

35entries
11years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseOtherFY2017-Q1 – FY20262016: 220162017: 320172018: 420182019: 420192020: 420202021: 420212022: 420222023: 420232024: 320242025: 220252026: 12026
Same theme, other companies

2 other companies' latest entry also says "Other".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2026Full-year revenue down, profit upAnnual report

    「Revenue for the consolidated fiscal year was ¥76,360 million, down 2.9% year on year. Operating profit was ¥3,670 million, up 11.4%; ordinary profit was ¥4,090 million, up 13.7%; and net income attributable to owners of the parent was ¥2,844 million, up 16.8%.」

    For the fiscal year ending March 2026, revenue declined, while operating profit, ordinary profit and net income attributable to owners of the parent exceeded the year-earlier levels.
  2. FY2026-H1Continued first-half growth and substantial profit improvementAnnual report

    「As a result, revenue was ¥36,745 million, up 7.5% from the year-earlier first half. Operating profit was ¥1,645 million, up 98.5%; ordinary profit was ¥1,813 million, up 95.6%; and interim net income attributable to owners of the parent was ¥1,306 million, up 105.0%.」

    Revenue and each profit measure in the first half exceeded the year-earlier levels, with operating profit up 98.5%, ordinary profit up 95.6% and interim net income attributable to owners of the parent up 105.0%.
  3. FY2025Continued growth in full-year resultsAnnual report

    「Revenue for the consolidated fiscal year was ¥78,672 million, up 5.5% year on year. Operating profit was ¥3,294 million, up 13.1%; ordinary profit was ¥3,596 million, up 7.9%; and net income attributable to owners of the parent was ¥2,435 million, up 0.4%.」

    Although profit had declined in the first half, revenue, operating profit, ordinary profit and net income attributable to owners of the parent exceeded the year-earlier levels for the full year of the fiscal year ending March 2025.
  4. FY2025-H1Decline in interim-period performanceAnnual report

    「As a result, revenue was ¥34,173 million, up 0.6% year on year; operating income was ¥828 million, down 24.7%; ordinary income was ¥927 million, down 31.9%; and interim net income attributable to owners of the parent was ¥637 million, down 33.9%.」

    Revenue increased year on year in the first half, while operating profit, ordinary profit and interim net income attributable to owners of the parent fell below the year-earlier levels.
  5. FY2024Continued growth in full-year resultsAnnual report

    「Revenue for the consolidated fiscal year was ¥74,580 million, up 5.1% year on year. Operating profit was ¥2,914 million, up 7.0%; ordinary profit was ¥3,332 million, up 9.2%; and net income attributable to owners of the parent was ¥2,426 million, up 10.7%.」

    Revenue, operating profit, ordinary profit and net income attributable to owners of the parent all exceeded the year-earlier levels, increasing for FY2024 as a whole.
  6. FY2024-Q3Continued growth in third-quarter resultsAnnual report

    「As a result, revenue was ¥52,375 million, up 9.6% year on year; operating income was ¥1,793 million, up 52.2%; ordinary income was ¥2,079 million, up 49.1%; and net income attributable to owners of the parent was ¥1,482 million, up 46.0%.」

    In the nine-month cumulative period, revenue, operating profit, ordinary profit and net income attributable to owners of the parent also exceeded the year-earlier levels, and the growth trend through the previous quarter continued.
  7. FY2024-Q2Reversal to rising second-quarter resultsAnnual report

    「As a result, revenue was ¥33,969 million, up 11.2% year on year; operating income was ¥1,100 million, up 87.6%; ordinary income was ¥1,362 million, up 68.6%; and net income attributable to owners of the parent was ¥964 million, up 68.0%.」

    Following the increase in the first quarter, revenue, operating profit, ordinary profit and net income attributable to owners of the parent also exceeded the year-earlier levels in the first-half cumulative period.
  8. FY2024-Q1Reversal to rising first-quarter resultsAnnual report

    「As a result, revenue for the first quarter of the current consolidated cumulative period was ¥15,768 million, up 15.4% year on year; operating income was ¥329 million, up 359.4%; ordinary income was ¥515 million, up 153.7%; and net income attributable to owners of the parent was ¥364 million, up 151.2%.」

    Revenue and each profit measure, which had declined year on year in the first quarter of FY2023, all exceeded the year-earlier levels in the first quarter of FY2024.
  9. FY2023Reversal to rising full-year resultsAnnual report

    「As a result, revenue was ¥70,947 million, up 4.7% year on year. Operating profit was ¥2,724 million, up 35.6%; ordinary profit was ¥3,050 million, up 25.1%; and net income attributable to owners of the parent was ¥2,191 million, up 23.1%.」

    Although profit declined in the first and second quarters and results were mixed by profit category in the third quarter, revenue and each profit measure exceeded the year-earlier levels for the full year.
  10. FY2023-Q3Mixed third-quarter resultsAnnual report

    「As a result, revenue was ¥47,794 million, up 0.3% year on year; operating income was ¥1,177 million, up 1.5%; ordinary income was ¥1,395 million, down 8.4%; and net income attributable to owners of the parent was ¥1,015 million, down 14.1%.」

    In the nine-month cumulative period, revenue and operating profit turned to year-on-year growth, while ordinary profit and net income attributable to owners of the parent declined.
  11. FY2023-Q2Continued decline in second-quarter resultsAnnual report

    「As a result, revenue was ¥30,541 million, down 4.2% year on year; operating income was ¥586 million, down 34.2%; ordinary income was ¥808 million, down 29.6%; and net income attributable to owners of the parent was ¥574 million, down 32.6%.」

    Following the first quarter, revenue, operating profit, ordinary profit and net income attributable to owners of the parent also fell below the year-earlier levels in the first-half cumulative period.
  12. FY2023-Q1Reversal to declining first-quarter resultsAnnual report

    「As a result, revenue for the first quarter of the current consolidated cumulative period was ¥13,658 million, down 10.9% year on year; operating income was ¥71 million, down 77.7%; ordinary income was ¥203 million, down 50.1%; and net income attributable to owners of the parent was ¥144 million, down 48.4%.」

    Revenue and each profit measure, which had reversed to year-on-year growth in the first quarter of FY2022, fell below the year-earlier levels in the first quarter of FY2023.
  13. FY2022Continued growth in full-year resultsAnnual report

    「Revenue for the current consolidated fiscal year was ¥67,749 million, up 6.0% year on year; operating income was ¥2,008 million, up 6.1%; ordinary income was ¥2,439 million, up 12.8%; and net income attributable to owners of the parent was ¥1,780 million, up 17.5%.」

    Following the first through third quarters, revenue, operating profit, ordinary profit and net income attributable to owners of the parent also exceeded the year-earlier levels for the full year.
  14. FY2022-Q3Continued growth in third-quarter resultsAnnual report

    「As a result, revenue for the third quarter of the current consolidated cumulative period was ¥47,664 million, up 7.5% year on year; operating income was ¥1,161 million, up 27.2%; ordinary income was ¥1,522 million, up 39.1%; and net income attributable to owners of the parent was ¥1,181 million, up 46.5%.」

    In the nine-month cumulative period, revenue, operating profit, ordinary profit and net income attributable to owners of the parent also exceeded the year-earlier levels, and the growth trend continued.
  15. FY2022-Q2Continued growth in second-quarter resultsAnnual report

    「As a result, revenue for the second quarter of the current consolidated cumulative period was ¥31,879 million, up 9.6% year on year; operating income was ¥891 million, up 35.4%; ordinary income was ¥1,147 million, up 47.9%; and net income attributable to owners of the parent was ¥851 million, up 60.7%.」

    Following the first quarter, revenue, operating profit, ordinary profit and net income attributable to owners of the parent also exceeded the year-earlier levels in the first-half cumulative period.
  16. FY2022-Q1Reversal to rising first-quarter resultsAnnual report

    「As a result, revenue for the first quarter of the current consolidated cumulative period was ¥15,321 million, up 8.8% year on year; operating income was ¥321 million, up 58.2%; ordinary income was ¥407 million, up 52.4%; and net income attributable to owners of the parent was ¥280 million, up 63.7%.」

    The year-on-year declines that had continued through the first quarter of FY2021 reversed, with revenue, operating profit, ordinary profit and net income attributable to owners of the parent exceeding the year-earlier levels.
  17. FY2021Full-year decline confirmedAnnual report

    「Revenue for the consolidated fiscal year was ¥63,910 million, down 20.5% year on year. Operating profit was ¥1,893 million, down 51.6%; ordinary profit was ¥2,162 million, down 47.1%; and net income attributable to owners of the parent was ¥1,515 million, down 45.1%.」

    Following the first through third quarters, revenue, operating profit, ordinary profit and net income attributable to owners of the parent also fell below the year-earlier levels for the full year.
  18. FY2021-Q3Continued decline in third-quarter resultsAnnual report

    「As a result, revenue for the nine months ended the third quarter was ¥44,342 million, down 20.3% year on year. Operating profit was ¥912 million, down 64.6%; ordinary profit was ¥1,094 million, down 60.1%; and net income attributable to owners of the parent was ¥806 million, down 55.1%.」

    Following the first and second quarters, revenue, operating profit, ordinary profit and net income attributable to owners of the parent also fell below the year-earlier levels in the nine-month cumulative period.
  19. FY2021-Q2Continued decline in second-quarter resultsAnnual report

    「As a result, revenue for the first half of the current consolidated cumulative period was ¥29,092 million, down 21.4% year on year. Operating profit was ¥658 million, down 62.1%; ordinary profit was ¥775 million, down 57.3%; and net income attributable to owners of the parent was ¥529 million, down 50.5%.」

    Following the first quarter, revenue, operating profit, ordinary profit and net income attributable to owners of the parent also fell below the year-earlier levels in the first-half cumulative period.
  20. FY2021-Q1Continued decline in first-quarter resultsAnnual report

    「As a result, revenue for the first quarter of the current consolidated cumulative period was ¥14,077 million, down 20.8% year on year. Operating profit was ¥203 million, down 70.9%; ordinary profit was ¥267 million, down 63.3%; and net income attributable to owners of the parent was ¥171 million, down 44.8%.」

    Revenue, operating profit, ordinary profit and net income attributable to owners of the parent all fell below the year-earlier levels.
  21. FY2020Full-year decline confirmedAnnual report

    「Revenue for the consolidated fiscal year was ¥80,408 million, down 3.1% year on year. Operating profit was ¥3,915 million, down 11.2%; ordinary profit was ¥4,090 million, down 11.8%; and net income attributable to owners of the parent was ¥2,759 million, down 12.5%.」

    Following the first through third quarters, revenue, operating profit, ordinary profit and net income attributable to owners of the parent also fell below the year-earlier levels for the full year.
  22. FY2020-Q3Continued decline in third-quarter resultsAnnual report

    「As a result, revenue for the nine months ended the third quarter was ¥55,659 million, down 7.9% year on year. Operating profit was ¥2,577 million, down 19.9%; ordinary profit was ¥2,742 million, down 19.4%; and net income attributable to owners of the parent was ¥1,798 million, down 26.6%, due to a loss on revision of retirement benefit plans associated with the introduction of a defined contribution pension plan, recorded as an extraordinary loss.」

    Following the first and second quarters, revenue, operating profit, ordinary profit and net income attributable to owners of the parent also fell below the year-earlier levels in the nine-month cumulative period. Net income was affected by a ¥188.952 million loss on revision of retirement benefit plans.
  23. FY2020-Q2Continued decline in second-quarter resultsAnnual report

    「As a result, revenue for the first half of the current consolidated cumulative period was ¥37,028 million, down 4.1% year on year. Operating profit was ¥1,739 million, down 12.4%; ordinary profit was ¥1,818 million, down 13.4%; and net income attributable to owners of the parent was ¥1,070 million, down 29.2%, due to a loss on revision of retirement benefit plans associated with the introduction of a defined contribution pension plan, recorded as an extraordinary loss.」

    Following the first quarter, revenue, operating profit, ordinary profit and net income attributable to owners of the parent also fell below the year-earlier levels in the first-half cumulative period. Net income was affected by a ¥188.952 million loss on revision of retirement benefit plans.
  24. FY2020-Q1Reversal to declining first-quarter resultsAnnual report

    「As a result, revenue for the first quarter of the current consolidated cumulative period was ¥17,764 million, down 2.6% year on year. Operating profit was ¥698 million, down 10.2%; ordinary profit was ¥728 million, down 12.3%; and net income attributable to owners of the parent was ¥311 million, down 48.6%, due to a loss on revision of retirement benefit plans associated with the introduction of a defined contribution pension plan, recorded as an extraordinary loss.」

    The growth trend that had continued from the first quarter of the previous fiscal year reversed, with revenue, operating profit, ordinary profit and net income attributable to owners of the parent falling below the year-earlier levels. Net income was affected by a ¥188.952 million loss on revision of retirement benefit plans.
  25. FY2019Continued growth in full-year resultsAnnual report

    「As a result, revenue for the consolidated fiscal year was ¥82,978 million, up 22.3% year on year. Operating profit was ¥4,411 million, up 56.7%; ordinary profit was ¥4,636 million, up 54.0%; and net income attributable to owners of the parent was ¥3,153 million, up 46.8%.」

    The growth trend seen in the quarters was also confirmed for the full year, with revenue, operating profit, ordinary profit and net income attributable to owners of the parent all exceeding the year-earlier levels.
  26. FY2019-Q3Continued growth in third-quarter resultsAnnual report

    「As a result, revenue for the nine months ended the third quarter was ¥60,416 million, up 26.0% year on year. Operating profit was ¥3,219 million, up 80.3%; ordinary profit was ¥3,402 million, up 73.4%; and net income attributable to owners of the parent was ¥2,448 million, up 81.1%.」

    Revenue, operating profit, ordinary profit and net income attributable to owners of the parent all increased year on year, and the growth trend through the previous quarter continued in the nine-month cumulative period.
  27. FY2019-Q2Continued growth in second-quarter resultsAnnual report

    「As a result, revenue for the first half of the current consolidated cumulative period was ¥38,607 million, up 28.2% year on year. Operating profit was ¥1,986 million, up 101.6%; ordinary profit was ¥2,100 million, up 92.2%; and net income attributable to owners of the parent was ¥1,511 million, up 101.7%.」

    Following the first quarter and the previous full fiscal year, revenue, operating profit, ordinary profit and quarterly net income attributable to owners of the parent also exceeded the year-earlier levels in the first-half cumulative period.
  28. FY2019-Q1Continued growth in first-quarter resultsAnnual report

    「As a result, revenue for the first quarter of the current consolidated cumulative period was ¥18,244 million, up 31.8% year on year. Operating profit was ¥777 million, up 113.6%; ordinary profit was ¥830 million, up 97.4%; and net income attributable to owners of the parent was ¥605 million, up 118.4%.」

    Revenue, operating profit, ordinary profit and net income attributable to owners of the parent all increased year on year.
  29. FY2018Final full-year resultsAnnual report

    「As a result, revenue for the consolidated fiscal year was ¥67,849 million, up 12.6% year on year. Operating profit was ¥2,815 million, up 40.4%; ordinary profit was ¥3,010 million, up 35.9%; and net income attributable to owners of the parent was ¥2,147 million, up 41.4%.」

    The increase in profit seen in the quarterly reports was also confirmed for the full year, with operating profit, ordinary profit and net income attributable to owners of the parent all exceeding the year-earlier levels.
  30. FY2018-Q3RestatedAnnual report

    「As a result, revenue for the nine months ended the third quarter was ¥47,950 million, up 14.4% year on year. Operating profit was ¥1,785 million, up 53.8%; ordinary profit was ¥1,961 million, up 45.0%; and net income attributable to owners of the parent was ¥1,352 million, up 42.5%.」

    Following the second quarter, revenue, operating profit, ordinary profit and quarterly net income attributable to owners of the parent all exceeded the year-earlier levels.
  31. FY2018-Q2RestatedAnnual report

    「As a result, revenue for the first half of the current consolidated cumulative period was ¥30,104 million, up 10.4% year on year. Operating profit was ¥985 million, up 29.5%; ordinary profit was ¥1,092 million, up 38.0%; and net income attributable to owners of the parent was ¥749 million, up 35.6%.」

    Following the first quarter, revenue, operating profit, ordinary profit and quarterly net income attributable to owners of the parent all exceeded the year-earlier levels.
  32. FY2018-Q1Reversal from declining profit to rising profitAnnual report

    「As a result, revenue for the first quarter of the current consolidated cumulative period was ¥13,843 million, up 10.3% year on year. Operating profit was ¥364 million, up 214.2%; ordinary profit was ¥420 million, up 268.1%; and net income attributable to owners of the parent was ¥277 million, up 291.8%.」

    Operating profit, ordinary profit and quarterly net income, which had declined in the year-earlier period due to yen appreciation and higher personnel expenses, among other factors, increased year on year in the first quarter.
  33. FY2017-Q3RestatedAnnual report

    「As a result, revenue for the cumulative third quarter of the consolidated fiscal year was ¥41,921 million, up 2.0% year on year. Operating profit was ¥1,161 million, down 19.3% year on year, mainly because the stronger yen increased the cost of sales at overseas subsidiaries and selling, general and administrative expenses increased, primarily due to higher personnel expenses. Ordinary profit was ¥1,353 million, down 14.4% year on year, and quarterly net income attributable to owners of the parent was ¥948 million, down 8.7% year on year.」

    In the nine months ended the third quarter, revenue increased 2.0% year on year, while each profit measure fell below the year-earlier level due to yen appreciation, higher cost of sales at overseas subsidiaries and higher selling, general and administrative expenses, mainly personnel expenses.
  34. FY2017-Q2RestatedAnnual report

    「As a result, revenue for the first half of the current consolidated cumulative period was ¥27,278 million, up 3.1% year on year. Operating profit was ¥760 million, down 13.5%, mainly because yen appreciation increased the cost of sales at overseas subsidiaries and selling, general and administrative expenses, particularly personnel expenses, increased. Ordinary profit was ¥791 million, down 17.7%, partly due to foreign exchange losses. Net income attributable to owners of the parent was ¥552 million, down 11.2%.」

    Although revenue increased in the first half, each profit measure fell below the year-earlier level due to yen appreciation, higher cost of sales at overseas subsidiaries, higher selling, general and administrative expenses, mainly personnel expenses, and foreign exchange losses.
  35. FY2017-Q1First statedAnnual report

    「As a result, revenue for the first quarter of the current consolidated cumulative period was ¥12,555 million, up 4.3% year on year. Operating profit was ¥115 million, down 57.8%, mainly because yen appreciation increased the cost of sales at overseas subsidiaries and selling, general and administrative expenses, particularly personnel expenses, increased. Ordinary profit was ¥114 million, down 67.3%, due to the impact of foreign exchange losses. Net income attributable to owners of the parent was ¥70 million, down 66.7%.」

    Although revenue increased year on year, operating profit, ordinary profit and net income attributable to owners of the parent declined due to higher cost of sales at overseas subsidiaries resulting from yen appreciation, higher selling, general and administrative expenses, mainly personnel expenses, and foreign exchange losses.
Moved together

None of this company's other threads moved the same way in the same document twice or more.

When this could move next
Meiji Electric Industries's next results are scheduled for 2026-10-30. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.