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Presentation materials for financial results8103Meiwa CorporationTrading & Wholesale

Overview of Consolidated Financial Results for the Second Quarter of Fiscal 2026

Revenue increased 22.4% year on year, while net income attributable to owners of the parent decreased 5.8%. Sales increased in each business, but profit declined due to higher cost of sales resulting from inventory valuation losses and higher selling, general and administrative expenses.

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Contents of this document

Presentation materials for financial resultsFY2026 second quarter (April to September 2026)8 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥93,886 million+22.4%
Operating profit¥1,874 million-13.6%
Ordinary income¥2,231 million-0.3%
Net income¥1,425 million-5.8%
Gross Profit Margin7.84 %
Selling, general and administrative expenses¥5,488 million
Results for the three months of the current quarter
Net Sales
¥46,533 million
Operating profit
¥478 million
Ordinary income
¥643 million
Net income
¥420 million
Full-year earnings forecast
Net Sales
¥170,000 million
Operating profit
¥4,200 million
Ordinary income
¥4,800 million
Net income
¥3,700 million
Annual Dividend
¥47 /share
Progress against full-year forecast　通期の予想に対して、いまどこまで進んだかの割合です。
Net Sales55.2 %
Operating profit44.6 %
Ordinary income46.5 %
Net income38.5 %
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Progress broadly in line with budget
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Subsidiary operating profit¥794 million
  • Equity-Method Investment Income and Loss¥153 million
  • Foreign-exchange losses¥-65 million
  • Dividends received¥53 million
  • Parent-company operating profit¥-1,089 million
  • Other¥-65 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
  • JPY/USD exchange rate157.35 Yen/Dollar
  • JPY/CNY exchange rate23.45 JPY/CNY
New initiatives
  • The battery materials business changed from its current business segment to the First Business
  • The automotive business changed from its current business segment to the Third Business
  • Discontinuation of the battery and automotive businesses
Key KPIsA metric the company considers important as a management benchmark.
  • Overseas Revenue Mix34.5 %
    Year on year against the same period last year+0.8%
  • Domestic revenue¥61,485 million
  • Overseas revenue¥32,401 million
  • China sales as a percentage of overseas sales85.3 %
Segment results
First Business
Net Sales
¥31,613 million
Year-on-year change in amount
¥4,912 million
Profit
¥659 million
Year-on-year change in profit
¥-782 million
Second Business
Net Sales
¥21,092 million
Year-on-year change in amount
¥1,096 million
Profit
¥674 million
Year-on-year change in profit
¥222 million
Third Business
Net Sales
¥41,180 million
Year-on-year change in amount
¥11,164 million
Profit
¥1,032 million
Year-on-year change in profit
¥825 million
Other
Net Sales
¥0 million
Profit
¥-111 million
Annual Dividend
Annual¥47 /share
Acquisition of treasury shares
Acquisition amount¥2,566 million
Contents of this document
ItemDetails
Document typePresentation materials for financial results
Fiscal Period CoveredFY2026 second quarter (April to September 2026)
Net Sales¥93,886 million (YoY +22.4%)
Operating profit¥1,874 million (YoY -13.6%)
Ordinary income¥2,231 million (YoY -0.3%)
Net income¥1,425 million (YoY -5.8%)
Gross Profit Margin7.84 %
Selling, general and administrative expenses¥5,488 million
Results for the three months of the current quarterNet Sales ¥46,533 million / Operating profit ¥478 million / Ordinary income ¥643 million / Net income ¥420 million
Full-year earnings forecastNet Sales ¥170,000 million / Operating profit ¥4,200 million / Ordinary income ¥4,800 million / Net income ¥3,700 million / Annual Dividend ¥47 /share
Progress against full-year forecastNet Sales 55.2 % / Operating profit 44.6 % / Ordinary income 46.5 % / Net income 38.5 %
Self-assessment against the planProgress broadly in line with budget
Segment resultsFirst Business Net Sales ¥31,613 million / Year-on-year change in amount ¥4,912 million / Profit ¥659 million / Year-on-year change in profit ¥-782 million / Second Business Net Sales ¥21,092 million / Year-on-year change in amount ¥1,096 million / Profit ¥674 million / Year-on-year change in profit ¥222 million / Third Business Net Sales ¥41,180 million / Year-on-year change in amount ¥11,164 million / Profit ¥1,032 million / Year-on-year change in profit ¥825 million / Other Net Sales ¥0 million / Profit ¥-111 million
Breakdown of Factors Affecting the ChangeFactors Subsidiary operating profit / Amount ¥794 million, Factors Equity-Method Investment Income and Loss / Amount ¥153 million, Factors Foreign-exchange losses / Amount ¥-65 million, Factors Dividends received / Amount ¥53 million, Factors Parent-company operating profit / Amount ¥-1,089 million, Factors Other / Amount ¥-65 million
Key KPIsIndicator name Overseas Revenue Mix / Value 34.5 % / Year on year against the same period last year 0.8 %, Indicator name Domestic revenue / Value ¥61,485 million / Year on year against the same period last year Not disclosed, Indicator name Overseas revenue / Value ¥32,401 million / Year on year against the same period last year Not disclosed, Indicator name China sales as a percentage of overseas sales / Value 85.3 % / Year on year against the same period last year Not disclosed
Assumptions Underlying the Business OutlookItem JPY/USD exchange rate / Value 157.35 Yen/Dollar, Item JPY/CNY exchange rate / Value 23.45 JPY/CNY
Annual DividendAnnual ¥47 /share / Interim Not disclosed / End of period Not disclosed
Acquisition of treasury sharesBuyback limit Not disclosed / Acquisition amount ¥2,566 million / Period Not disclosed
New initiativesThe battery materials business changed from its current business segment to the First Business, The automotive business changed from its current business segment to the Third Business, Discontinuation of the battery and automotive businesses
Items this document does not state (12)
Operating profit marginUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsPayout ratioCapital expendituresOrders received and order backlogMarket Size / ShareKey points of the Q&A

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.

Sales remained strong across the First, Second and Third Businesses. Operating profit declined due to higher cost of sales resulting from a one-off inventory valuation loss and higher selling, general and administrative expenses.

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Overview of Consolidated Financial Results for the Second Quarter of Fiscal 2026 | Meiwa Corporation (8103) timely disclosure | Komori