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Meidensha (6508) · FactAdvanced

Higher revenue and reduced operating loss in the social infrastructure business

First written in FY2020-Q2. 9 of 18 entries say "Advanced", first in FY2021-Q1. Latest entry: 2026-10-30.

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ProgressHeldSoftenedWorseOtherFY2023-Q1 – FY2024-Q3AdvancedFY2025-H1 – 2026-10-302019: 12020: 220202021: 420212022: 320222023: 320232024: 220242025: 020252026: 32026
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0 other companies' latest entry also says "Advanced".

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Full recordFilings, disclosures and news, newest first
  1. FY2025-H1AdvancedAnnual report

    「The social systems and water infrastructure businesses reported higher revenue and profit as the number of projects handled increased, supported by strong orders. As a result, revenue increased 8.7% year on year to ¥37,288 million, while the operating loss improved by ¥1,543 million to ¥1,297 million.」

    The social systems and water infrastructure businesses recorded higher revenue year on year and an improved operating loss as the number of projects increased on the back of strong orders.
  2. FY2024-Q3Higher revenue and profit in power infrastructure, and a significant decline in revenue and profit in social systemsAnnual report

    「Both the overseas-focused substations business and the domestic-focused power and energy business recorded higher revenue and profit. The social systems business, however, recorded a significant decline in revenue and profit as the effects of longer component lead times and delays in related construction became pronounced. Across the segment, including the railway systems and water infrastructure businesses, revenue recognition was pushed back due to schedule delays, while higher material costs weakened profitability.」

    The power infrastructure business recorded higher revenue and profit on demand in Singapore, North America and elsewhere, while the social systems business recorded a significant decline in revenue and profit due to longer component lead times, construction delays and higher material costs.
  3. FY2024-Q2Power infrastructure turns profitable while the social systems business records lower revenue and profitAnnual report

    「Both the domestic-focused power and energy systems business and the overseas-focused substations business recorded higher revenue and profit. In particular, in the substations business, recovering demand in Singapore and strong demand for environmentally friendly products in North America drove growth, resulting in a significant improvement in profit and loss. The water infrastructure business recorded lower revenue and profit due mainly to delays in construction progress.」

    The power infrastructure business turned profitable as operations expanded in Singapore, North America and India, while the social systems business recorded lower revenue and profit due to fewer large overseas projects, construction delays and higher costs.
  4. FY2024-Q1Higher profit in power infrastructure and lower revenue and profit in water infrastructure within social systemsAnnual report

    「Both the domestic-focused power and energy systems business and the overseas-focused substations business recorded higher revenue and profit. In particular, in the substations business, recovering demand in Singapore and strong demand for environmentally friendly products in North America drove growth, resulting in a significant improvement in profit and loss. The water infrastructure business recorded lower revenue and profit due mainly to delays in construction progress.」

    The power infrastructure business improved on demand in Singapore and North America, while delays in water infrastructure construction in the social systems business reduced revenue and profit.
  5. FY2023-Q3Lower revenue and profit in the social systems business due to longer component lead times and construction delaysAnnual report

    「Revenue increased in the railway business as demand recovered, mainly in Japan. However, revenue declined in the social systems and water infrastructure businesses because longer component lead times delayed shipments and construction progress was delayed. Profit also declined as lower revenue in those businesses reduced profit and higher material and component costs compressed profitability across the business segment. Consequently, revenue fell 9.0% year on year to ¥54,146 million, while the operating loss deteriorated by ¥3,806 million to ¥2,236 million.」

    The social systems and water infrastructure businesses recorded lower revenue and profit because longer component lead times delayed shipments, construction progress was delayed and material and component costs increased.
  6. FY2023-Q2Higher revenue from construction progress in social systems and railway systems, offset by lower water infrastructure revenue and lower profit due to higher material costsAnnual report

    「Revenue increased in the social systems and railway systems businesses as construction progressed smoothly, while revenue declined in the water infrastructure business following the exceptionally strong performance of the previous year. Profit also declined because lower water infrastructure revenue reduced profit and higher material and component costs compressed profitability across the business segment. Consequently, revenue fell 2.4% year on year to ¥37,368 million, while the operating loss deteriorated by ¥2,296 million to ¥1,421 million.」

    Although construction progress in the social systems and railway systems businesses increased revenue, the segment as a whole recorded lower revenue and a deterioration in the operating loss due to the decline in water infrastructure revenue following the previous year’s strong performance and higher material and component costs.
  7. FY2023-Q1Lower revenue and deterioration in operating loss in the social systems businessAnnual report

    「Revenue increased in the water infrastructure business as construction progressed smoothly, while revenue declined in the social systems business because the railway systems business and certain projects were pushed back. Profit also declined as higher material and component costs increasingly compressed profitability across the business segment. Consequently, revenue fell 4.2% year on year to ¥15,257 million, while the operating loss deteriorated by ¥949 million to ¥1,155 million.」

    In the social systems business, higher revenue from progress in water infrastructure was offset by the postponement of revenue from railway systems and certain projects, while higher material and component costs resulted in lower revenue and a deterioration in the operating loss.
  8. FY2022-Q3AdvancedAnnual report

    「The railway systems business reported lower revenue, partly because customers continued to restrain capital investment. However, revenue increased significantly in the social systems and water infrastructure businesses as construction on domestic projects progressed steadily, resulting in higher revenue and profit year on year. As a result, revenue increased 20.1% year on year to ¥59,490 million, while operating profit improved by ¥3,364 million to ¥1,569 million.」

    The social systems business recorded higher revenue and improved profit as domestic projects progressed, despite lower revenue in the railway systems field. Operating profit improved to ¥1,569 million.
  9. FY2022-Q2AdvancedAnnual report

    「Although revenue declined in the railway systems field amid restrained investment, revenue increased in the social systems and water infrastructure businesses as domestic projects progressed smoothly. Consequently, revenue rose 15.1% year on year to ¥38,297 million, while operating profit improved by ¥2,089 million to ¥875 million.」

    The social systems business recorded higher revenue and improved profit as domestic social systems and water infrastructure projects progressed, despite lower revenue in the railway systems field. Operating profit improved to ¥875 million.
  10. FY2022-Q1ReframedAnnual report

    「Revenue remained firm as construction progressed smoothly on domestic projects in the social systems and water infrastructure businesses, while revenue in the overseas railway and private-sector businesses also showed signs of improvement. Consequently, revenue rose 17.9% year on year to ¥15,924 million, while the operating loss improved by ¥899 million to ¥205 million.」

    The former social infrastructure business was divided into the power infrastructure and social systems businesses. The social systems business recorded higher revenue and improved profit as domestic projects progressed.
  11. FY2021Full-year decline in social infrastructure revenue and deterioration in operating profitAnnual report

    「In the domestic business, the company worked diligently to prevent COVID-19 from affecting on-site construction and was able to steadily advance large-scale projects in areas including power and energy and water infrastructure systems. Overseas, however, mainly in substations and railway systems, performance fell below the previous fiscal year because of activity restrictions and declining demand in various countries.」

    Although large-scale domestic projects progressed, the social infrastructure business overall fell below the previous fiscal year’s performance due to overseas activity restrictions and declining demand.
  12. FY2021-Q3AdvancedAnnual report

    「Although the overseas business was affected by a decline in projects and delays in construction progress due to COVID-19, revenue increased and profit improved year on year as the domestic infrastructure business remained steady. Consequently, revenue rose 5.0% year on year to ¥78,400 million, while the operating loss improved by ¥3,493 million to ¥3,056 million.」

    In the social infrastructure business, declines and delays in overseas projects were offset by the strength of the domestic infrastructure business, improving revenue to ¥78,400 million and the operating loss to ¥3,056 million.
  13. FY2021-Q2AdvancedAnnual report

    「Although overseas projects were affected by delays in progress due to COVID-19, revenue increased and profit improved year on year as the number of domestic infrastructure projects applying the percentage-of-completion method increased. Consequently, revenue rose 4.4% year on year to ¥50,930 million, while the operating loss improved by ¥2,006 million to ¥2,767 million.」

    In the social infrastructure business, delays in overseas projects were offset by an increase in domestic projects applying the percentage-of-completion method, improving revenue to ¥50,930 million and the operating loss to ¥2,767 million.
  14. FY2021-Q1AdvancedAnnual report

    「Although overseas substations were affected by delays in project progress due to COVID-19, revenue increased and profit improved year on year, mainly because domestic projects subject to the percentage-of-completion method, particularly in water infrastructure, progressed steadily. Consequently, revenue rose 14.2% year on year to ¥21,545 million, while the operating loss improved by ¥1,391 million to ¥1,916 million.」

    In the social infrastructure business, delays in overseas substation projects were offset by steady progress in domestic water infrastructure and other projects subject to the percentage-of-completion method, improving revenue to ¥21,545 million and the operating loss to ¥1,916 million.
  15. FY2020-Q2First statedAnnual report

    「Revenue increased mainly in the water infrastructure field, owing to the recognition of revenue from projects whose construction schedules had been postponed at the end of the previous fiscal year. Operating profit also increased year on year because costs for overseas private-sector projects deteriorated in the same period of the previous year. Consequently, revenue rose 1.4% year on year to ¥48,795 million, while the operating loss improved by ¥1,457 million to ¥4,773 million.」

    For the social infrastructure business, the company disclosed for the first time as a separate theme that revenue was ¥48,795 million and the operating loss improved to ¥4,773 million, driven by the recognition of revenue from delayed water infrastructure projects and the deterioration in costs for overseas private-sector projects in the same period of the previous year.
Moved together

"Interim dividend of ¥4 per share" moved the same way as this thread, in the same document, in 7 of its 18 moves.

755444★123456
  1. ★This thread
  2. 1Interim dividend of ¥4 per share7×
  3. 2Strengthening the Earnings Base of Domestic Operations5×
  4. 3Guarantees of debt for overseas subsidiaries and other entities5×
  5. 4Growth and expansion in the overseas business4×
  6. 5One-stop maintenance services for entire facilities4×
  7. 6Lower revenue and deterioration in earnings4×

★ 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
Meidensha's next results are scheduled for 2026-10-30. Read the earnings preview It last moved in the Revisions to earnings forecasts of 2026-10-30: "Advanced".
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Higher revenue and reduced operating loss in the social infrastructure business | MEIDENSHA CORPORATION (6508) | Komori