Meiko upgraded its current fiscal-year ordinary profit forecast from the previous forecast, maintained its record-profit forecast and raised its dividend forecast. Second-quarter results increased year on year, and the full-year plan was increased to the plan for the fiscal year ending March 2029.
Meiko's consolidated ordinary profit for the cumulative second quarter (April–September) was ¥14.2 billion, up 25.6% from the same period a year earlier. At the same time, it raised its full-year ordinary profit forecast from ¥35.0 billion to ¥45.0 billion, increasing the projected growth rate from 32.1% to 69.9%.
Based on its first-half results and second-half outlook for the current fiscal year, the company estimates consolidated ordinary profit of ¥30.7 billion for the second half, which would be approximately double the figure for the same period a year earlier.
Reflecting strong performance, it also raised its annual dividend forecast from ¥120 to ¥135. Ordinary profit for the July–September quarter was ¥8.63 billion, while the operating margin improved from 10.0% to 12.3%.