MEC COMPANY LTD. FY2025 Q3 Earnings Report | IR Tracker

MEC COMPANY LTD. FY2025 Q3 Earnings Report | IR Tracker

Financial Highlights

Net Sales: ¥14.99B
Operating Income: ¥4.25B
Net Income: ¥3.33B
EPS: ¥179.53

Income Statement

Item	Current	Prior	YoY %
Net Sales	¥14.99B	¥13.68B	+9.5%
Cost of Sales	¥5.64B	¥5.28B	+6.7%
Gross Profit	¥9.35B	¥8.40B	+11.3%
SG&A Expenses	¥5.10B	¥4.75B	+7.5%
Operating Income	¥4.25B	¥3.65B	+16.4%
Non-operating Income	¥123M	¥84M	+45.8%
Non-operating Expenses	¥8M	¥33M	-74.5%
Ordinary Income	¥4.36B	¥3.70B	+17.9%
Profit Before Tax	¥4.76B	¥3.70B	+28.9%
Income Tax Expense	¥1.43B	¥1.07B	+34.1%
Net Income	¥3.33B	¥2.63B	+26.7%
Net Income Attributable to Owners	¥3.33B	¥2.63B	+26.7%
Total Comprehensive Income	¥3.60B	¥2.47B	+45.5%
Interest Expense	¥496,000	¥809,000	-38.7%
Basic EPS	¥179.53	¥140.32	+27.9%
Dividend Per Share	¥20.00	¥20.00	+0.0%

Balance Sheet

Item	Current End	Prior End	Change
Current Assets	¥18.02B	¥19.66B	¥-1.64B
Cash and Deposits	¥9.46B	¥11.48B	¥-2.02B
Accounts Receivable	¥6.18B	¥5.83B	+¥358M
Inventories	¥777M	¥756M	+¥20M
Non-current Assets	¥16.27B	¥13.38B	+¥2.89B

Profitability Ratios

Item	Value
Net Profit Margin	22.2%
Gross Profit Margin	62.4%
Current Ratio	449.0%
Quick Ratio	429.6%
Debt-to-Equity Ratio	0.21x
Interest Coverage Ratio	8562.50x
Effective Tax Rate	30.1%

Year-over-Year Comparison

Item	YoY Change
Net Sales YoY Change	+9.5%
Operating Income YoY Change	+16.4%
Ordinary Income YoY Change	+17.9%
Net Income Attributable to Owners YoY Change	+26.7%
Total Comprehensive Income YoY Change	+45.5%

Item	Value
Shares Outstanding (incl. Treasury)	19.57M shares
Treasury Stock	1.31M shares
Average Shares Outstanding	18.54M shares
Book Value Per Share	¥1,550.43

Dividend Information

Item	Amount
Q2 Dividend	¥20.00
Year-End Dividend	¥25.00

Full Year Forecast

Item	Forecast
Net Sales Forecast	¥20.30B
Operating Income Forecast	¥5.50B
Ordinary Income Forecast	¥5.65B
Net Income Attributable to Owners Forecast	¥4.30B
Basic EPS Forecast	¥232.71
Dividend Per Share Forecast	¥60.00