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63342026 Q3StandardJGAAP

Meiji Machine (6334) FY2026 Q3 Earnings Report

For FY2026 Q3, revenue came to ¥3.6B (-5.5% year on year) and operating loss ¥302.0M. The segment drivers and cash flow follow.

Meiji Machine Co.,Ltd.

Machinery


Financial Highlights

  • Net Sales: ¥3.64B
  • Operating Income: ¥-302M
  • Net Income: ¥-157M
  • EPS: ¥-14.66

Income Statement

ItemCurrentPriorYoY %
Net Sales¥3.64B¥3.86B−5.5%
Cost of Sales¥2.81B¥3.00B−6.2%
Gross Profit¥833M¥862M−3.4%
SG&A Expenses¥1.14B¥929M+22.2%
Operating Income−¥302M−¥67M−350.7%
Non-operating Income¥35M¥48M−27.3%
Non-operating Expenses¥18M¥13M+38.9%
Ordinary Income−¥285M−¥31M−819.4%
Profit Before Tax−¥140M−¥192M+27.0%
Income Tax Expense¥17M¥20M−14.8%
Net Income−¥157M−¥212M+25.9%
Net Income Attributable to Owners−¥156M−¥211M+26.1%
Total Comprehensive Income−¥111M−¥263M+57.8%
Interest Expense¥16M¥10M+58.4%
Basic EPS−¥14.66−¥18.92+22.5%

Balance Sheet

ItemCurrent EndPrior EndChange
Current Assets¥3.31B¥4.85B−¥1.54B
Cash and Deposits¥1.26B¥1.65B−¥388M
Accounts Receivable¥985M¥2.08B−¥1.10B
Inventories¥195M¥209M−¥14M
Non-current Assets¥2.35B¥2.00B+¥349M
Property, Plant & Equipment¥1.64B¥1.43B+¥211M
Intangible Assets¥239M¥244M−¥4M
Goodwill¥91M¥99M−¥8M
Investment Securities¥77M¥149M−¥72M
Total Assets¥5.66B¥6.85B−¥1.19B
Current Liabilities¥1.64B¥2.40B−¥758M
Accounts Payable¥345M¥761M−¥416M
Short-term Loans¥277M¥292M−¥15M
Non-current Liabilities¥1.12B¥1.42B−¥296M
Long-term Loans¥895M¥1.20B−¥307M
Total Liabilities¥2.76B¥3.82B−¥1.05B
Total Equity¥2.90B¥3.03B−¥134M
Capital Stock¥100M¥100M¥0
Capital Surplus¥769M¥775M−¥6M
Retained Earnings¥2.00B¥2.22B−¥221M
Treasury Stock−¥210M−¥257M+¥47M
Owners' Equity¥2.90B¥3.03B−¥134M
Working Capital¥1.68B--

Profitability Ratios

ItemValue
Net Profit Margin−4.3%
Gross Profit Margin22.9%
Current Ratio202.3%
Quick Ratio190.4%
Debt-to-Equity Ratio0.95x
Interest Coverage Ratio−19.46x
Effective Tax Rate−12.1%

Year-over-Year Comparison

ItemYoY Change
Net Sales YoY Change−5.5%

Share Information

ItemValue
Shares Outstanding (incl. Treasury)11.40M shares
Treasury Stock634K shares
Average Shares Outstanding10.70M shares
Book Value Per Share¥269.21

Dividend Information

ItemAmount
Q2 Dividend¥0.00

Segment Information

SegmentRevenueOperating Income
IndustrialMachineryRelatedWorks¥3.29B−¥324M
Solution¥354M¥16M

Full Year Forecast

ItemForecast
Net Sales Forecast¥6.30B
Operating Income Forecast¥230M
Ordinary Income Forecast¥230M
Net Income Attributable to Owners Forecast¥235M
Basic EPS Forecast¥21.82
Dividend Per Share Forecast¥6.00