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Earnings9744MEITEC Group Holdings Inc.Information and Communications, Services and Others

Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

In the interim period of the fiscal year ending March 2027, net sales and operating income slightly exceeded the same period of the previous fiscal year, while interim net income attributable to owners of the parent fell sharply due to an impairment loss arising from the suspension of use of training and other facilities. The full-year earnings forecast was revised based on recent trends.

Worth reading
47Recurring
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
3257
¥ million
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026–30 September 2026ConsolidatedJapanese GAAP
Net Sales68,761¥ millionYear on year +0.6%Progress 49.5%
Operating profit10,163¥ millionYear on year +1.0%Progress 48.9%
Ordinary income10,291¥ millionYear on year +1.2%Progress 49.0%
Net income attributable to owners of the parent3,652¥ millionYear on year -47.3%Progress 33.2%

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¥47.30
Financial position at period-end
Total assets83,506¥ million
of which net assets 44,164 ¥ millionEquity ratio 52.9%vs. prior year-end -1.4pt

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.

Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥138,800 million (YoY +0.8%)
Operating profit¥20,800 million (YoY +4.5%)
Ordinary income¥21,000 million (YoY +4.5%)
Net income¥11,000 million (YoY -26.9%)
Revision to Earnings ForecastNot disclosed → Net Sales ¥138,800 million / Operating profit ¥20,800 million / Ordinary income ¥21,000 million / Net income ¥11,000 million
Annual Dividend Forecast196 Yen → 181 Yen
Factors Behind Changes in Business Performance

Orders remained solid on technology development investment by major manufacturing companies. Although new employees were assigned at an early stage and the assignment of existing employees was accelerated, operating hours declined slightly due to factors including a decrease in overtime. Labor costs and selling, general and administrative expenses increased, and an impairment loss was recorded following the decision to suspend use of training and other facilities.

Disclosure regarding the going concern assumption

Not applicable.

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 Number of companies 0 companies / Company name Not disclosed / Excluded Number of companies 0 companies / Company name Not disclosed
Impairment loss¥3,257 million (training and other facilities in Atsugi, Kanagawa Prefecture; buildings and structures, tools, equipment and fixtures, land, and other assets)
Breakdown of extraordinary income (loss)Extraordinary income Item Gain on Sale of Non-Current Assets / Amount ¥0 million / Extraordinary loss Item Loss on Disposal of Non-Current Assets / Amount ¥11 million, Item Impairment Loss / Amount ¥3,257 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for analysts and institutional investors)
Issued Shares at Period-End78,000,000 shares
Treasury Shares at Period-End793,326 treasury shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026–30 September 2026
Net Sales¥68,761 million (YoY +0.6%)
Operating profit¥10,163 million (YoY +1.0%)
Ordinary income¥10,291 million (YoY +1.2%)
Profit attributable to owners of the parent¥3,652 million (YoY -47.3%)
Net income per share¥47.30
Equity ratioEnd of the current fiscal period 52.9% / End of previous period 54.3%
Total assets¥83,506 million
Net assets¥44,164 million
Full-year earnings forecastNet Sales ¥138,800 million (YoY +0.8%) / Operating profit ¥20,800 million (YoY +4.5%) / Ordinary income ¥21,000 million (YoY +4.5%) / Net income ¥11,000 million (YoY -26.9%)
Revision to Earnings ForecastNot disclosed → Net Sales ¥138,800 million / Operating profit ¥20,800 million / Ordinary income ¥21,000 million / Net income ¥11,000 million
Annual Dividend Forecast196 Yen → 181 Yen
Impairment loss¥3,257 million (training and other facilities in Atsugi, Kanagawa Prefecture; buildings and structures, tools, equipment and fixtures, land, and other assets)
Breakdown of extraordinary income (loss)Extraordinary income Item Gain on Sale of Non-Current Assets / Amount ¥0 million / Extraordinary loss Item Loss on Disposal of Non-Current Assets / Amount ¥11 million, Item Impairment Loss / Amount ¥3,257 million
Disclosure regarding the going concern assumptionNot applicable.
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 Number of companies 0 companies / Company name Not disclosed / Excluded Number of companies 0 companies / Company name Not disclosed
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for analysts and institutional investors)
Issued Shares at Period-End78,000,000 shares
Treasury Shares at Period-End793,326 treasury shares
Factors Behind Changes in Business PerformanceOrders remained solid on technology development investment by major manufacturing companies. Although new employees were assigned at an early stage and the assignment of existing employees was accelerated, operating hours declined slightly due to factors including a decrease in overtime. Labor costs and selling, general and administrative expenses increased, and an impairment loss was recorded following the decision to suspend use of training and other facilities.
Items this document does not state (13)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesOrders received and order backlogDepreciation and amortizationMaterial 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.

Orders remained solid as major manufacturing customers continued investing in technology development. Although new employees were assigned at an early stage and the assignment of existing employees was accelerated, labor costs and selling, general and administrative expenses increased, and an impairment loss was recorded following the decision to suspend use of training and other facilities.

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Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | MEITEC Group Holdings Inc. (9744) timely disclosure | Komori