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Meiji Electric Industries (3388) · InitiativeAdvanced

Improving Profitability

First written in FY2016. 15 of 22 entries say "Advanced", first in FY2021. Latest entry: 2026-10-20.

22entries
11years
4from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY20162016: 120162017: 020172018: 020182019: 020192020: 020202021: 320212022: 420222023: 420232024: 320242025: 220252026: 52026
Same theme, other companies
Profit Improvement through High-Value-Added Product Sales and Production Efficiency ImprovementsA theme 60 companies write about · 1 as a headwind · 62 as a tailwind

30 other companies' latest entry also says "Advanced".

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.
Showing 14 of the 60 companies compared. The sentences above are computed from all 60.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「Cost of sales was ¥63,971 million, down 4.3% year on year, mainly due to improved margins on equipment projects. As a result, operating profit was ¥3,670 million, up 11.4%.」

    Against a backdrop of improved margins on equipment projects, operating profit for the fiscal year ending March 2026 increased 11.4% year on year. Revenue decreased 2.9%, while ordinary profit rose 13.7% and net income attributable to owners of the parent rose 16.8%.
  2. FY2026-H1AdvancedAnnual report

    「During the current interim consolidated accounting period, revenue increased year on year, reflecting investment in next-generation mobility development and increased demand related to semiconductors and logistics. Profit also increased year on year, partly due to the effects of initiatives to improve earnings through higher productivity. Although personnel expenses increased, including base-pay increases and overseas personnel costs, operating income exceeded the previous year because the initial investment associated with the system upgrade recorded in the previous fiscal year had run its course.」

    Against a backdrop of profitability improvement initiatives driven by higher productivity and the completion of initial investment in system upgrades, revenue and profit increased year on year, and operating profit also exceeded the prior-year period.
  3. FY2025AdvancedAnnual report

    「Cost of sales was ¥66,878 million, up 5.2%, owing mainly to improved margins on equipment projects and a decline in the cost of sales at overseas subsidiaries due to the weaker yen. As a result, operating income was ¥3,294 million, up 13.1%.」

    Operating income for the fiscal year ended March 2025 increased 13.1% year on year, driven in part by improved margins on equipment projects.
  4. FY2025-H1Decline in interim profitabilityAnnual 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%.」

    While revenue edged up year on year, operating income, ordinary income, and interim net income attributable to owners of the parent declined, resulting in lower interim profitability.
  5. FY2024ReframedAnnual report

    「The key strategic issues under the Eleventh Medium-Term Management Plan are as follows. ② Growth investment and strengthening earnings power Investment in human resources in growth fields, strengthening the core business, and expansion across all regions」

    Under the Eleventh Medium-Term Management Plan, the improvement of profitability has been reorganized as “growth investment and strengthening earnings power,” including investment in human resources in growth fields, strengthening the core business, and expansion across all regions.
  6. FY2024-Q3AdvancedAnnual 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%.」

    Operating income, ordinary income, and net income attributable to owners of the parent for the nine months ended the third quarter exceeded the same period of the previous year, showing in numerical terms that profitability improved.
  7. FY2024-Q2AdvancedAnnual 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%.」

    Revenue, operating income, ordinary income, and net income attributable to owners of the parent for the six months ended the second quarter exceeded the same period of the previous year, showing in numerical terms that profitability improved.
  8. FY2024-Q1AdvancedAnnual 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%.」

    In the first quarter, operating income, ordinary income, and quarterly net income attributable to owners of the parent significantly exceeded the same period of the previous year, showing in numerical terms that profitability improved.
  9. FY2023AdvancedAnnual report

    「Cost of sales was ¥60,692 million, up 3.3%, owing mainly to improved margins on equipment projects and a decline in the cost of sales at overseas subsidiaries due to the weaker yen. As a result, operating income was ¥2,724 million, up 35.6%.」

    Operating income for the current consolidated fiscal year increased 35.6% year on year, driven in part by improved margins on equipment projects.
  10. FY2023-Q3Mixed third-quarter profitabilityAnnual 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%.」

    For the nine months ended the third quarter, revenue and operating income exceeded the same period of the previous year, while ordinary income and net income attributable to owners of the parent fell below it. Performance therefore diverged by product category and profit level, rather than showing the uniform profit declines seen through the previous quarter.
  11. FY2023-Q2Continued decline in second-quarter profitabilityAnnual 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%.」

    For the six months ended the second quarter, revenue and each profit measure were below the same period of the previous year, indicating a decline in earnings performance continuing from the previous quarter.
  12. FY2023-Q1Decline in first-quarter profitabilityAnnual 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, operating income, ordinary income, and quarterly net income attributable to owners of the parent declined year on year, with first-quarter earnings deteriorating from the previous trend of profit growth.
  13. FY2022AdvancedAnnual 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%.」

    Full-year revenue, operating income, ordinary income, and net income attributable to owners of the parent exceeded the previous year.
  14. FY2022-Q3AdvancedAnnual 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%.」

    For the nine months ended the third quarter, operating income, ordinary income, and net income attributable to owners of the parent exceeded the same period of the previous year, indicating that the improvement in profitability through the previous quarter continued.
  15. FY2022-Q2AdvancedAnnual 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%.」

    Operating income, ordinary income, and quarterly net income attributable to owners of the parent for the six months ended the second quarter exceeded the same period of the previous year, indicating that profitability improvements continued.
  16. FY2022-Q1AdvancedAnnual 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%.」

    Operating income, ordinary income, and quarterly net income attributable to owners of the parent in the first quarter exceeded the same period of the previous year. The text does not explicitly attribute this to profitability improvement measures.
  17. FY2021AdvancedAnnual report

    「Operating income increased by ¥553 million versus the plan, or 41.3%, as the company worked to secure gross profit despite a year-on-year decline in revenue and to control selling, general and administrative expenses, particularly personnel and travel expenses.」

    Amid declining revenue, the company secured gross profit and controlled selling, general and administrative expenses, mainly personnel and travel expenses, resulting in operating income exceeding the plan by ¥553 million.
  18. FY2016First statedAnnual report

    「④ Improving profitability A. Improving profit margins ・Increasing value added in the engineering business ・Improving sales productivity B. Improving operating efficiency ・Promoting an operations factory structure and strengthening the supply chain」

    The company identifies increasing value added, sales productivity, an operations factory structure, and the supply chain as means of improving profit margins and efficiency.
Moved together

"Profit returns based on a consolidated dividend payout ratio of approximately 30%" moved the same way as this thread, in the same document, in 9 of its 22 moves.

955544★123456
  1. ★This thread
  2. 1Profit returns based on a consolidated dividend payout ratio of approximately 30%9×
  3. 2Introduction of Profit-Linked Executive Compensation5×
  4. 3Distributor and agency agreements for measuring instruments with YOKOGAWA ELECTRIC CORPORATION and 横河ソリューションサービス株式会社5×
  5. 4FY2020 performance targets and maintaining ROE of 8% or higher5×
  6. 5Contribution to carbon neutrality in manufacturing4×
  7. 6Promote cost-of-capital management4×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Meiji Electric Industries's next results are scheduled for 2026-10-30. Read the earnings preview It last moved in the Governance of 2026-10-20: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Improving Profitability | MEIJI ELECTRIC INDUSTRIES CO.,LTD. (3388) | Komori