For the first 3 quarters of the fiscal year, MEIKO NETWORK JAPAN CO.,LTD. reported revenue of ¥18.509 billion, up 5.3% year on year, while operating profit, ordinary profit and profit attributable to owners of the parent each declined. The core directly operated business recorded higher revenue and profit, although rising costs appear to have had an impact.
MEIKO NETWORK JAPAN CO.,LTD. reported revenue of ¥18.509 billion for the first 3 quarters of the fiscal year ending August 2026, up 5.3% year on year. Operating profit was ¥829 million, down 26.2%, ordinary profit was ¥926 million, down 22.8%, and profit attributable to owners of the parent was ¥430 million, down 41.8%. The core directly operated Meiko Gijuku business posted revenue of ¥10.644 billion, up 5.7%, and segment profit of ¥1.17 billion, up 13.7%, resulting in higher revenue and profit.
On the balance sheet, current assets declined 9.6% from the end of the previous fiscal year to ¥11.033 billion, mainly reflecting an ¥839 million decrease in cash and deposits. Non-current assets fell 7.0% to ¥6.452 billion. Current liabilities declined 21.0% to ¥4.353 billion, due in part to decreases in income taxes payable and accrued expenses.
Cash flow information showed a decrease in cash. The company also reported a decrease in investment securities and the possibility of converting them into cash, as well as the cancellation of 2,000,000 treasury shares.
For the full fiscal year ending August 2026, the company forecasts revenue of ¥25.5 billion, up 2.7% from the previous fiscal year, operating profit of ¥1.8 billion, up 6.4%, ordinary profit of ¥1.87 billion, up 0.1%, and profit attributable to owners of the parent of ¥1.01 billion, down 41.5%. The planned dividend is ¥29 per share, comprising ¥14 at the end of the second quarter and ¥15 at fiscal year-end.
Sources: [{ outlet_name_in_original_format? Sorry stance note_ja