Meidensha Corporation

Meidensha Corporation

64.00
EUR
+0.50
(+0.79%)
1.88BMarket Cap
Oct 30Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
4,763.16
5,074.68
5,231.54
4,851.38
5,329.63
5,400.53
5,636.82
5,097.07
5,621.59
6,008.08
6,345.95
6,637.19
7,190.49
- -
Basic EPS, GAAP
144.98
151.34
153.42
126.56
155.5
168.67
180.91
160.97
148.41
157.11
247
407.51
520.78
- -
Free Cash Flow per Basic Share
204.83
20.05
300.29
100.71
240.07
144.01
-99.01
-22.35
54.57
29.69
-8.27
549.03
49.75
- -
Dividend per Share
25.01
29.99
54.89
39.98
39.98
45.01
49.97
44.99
53.01
53.01
46.98
84.89
134.77
- -
Book Value per Share
1,312.47
1,456.73
1,488.19
1,613.97
1,768.25
1,845.19
1,919.99
2,127.68
2,247.43
2,378.21
2,786.31
3,059.07
3,855.22
3,855.22
Tangible Book Value per Share
1,171.43
1,313.81
1,322.34
1,445.29
1,489.34
1,598.16
1,695.35
1,916.62
2,036.61
2,191.69
2,617.69
2,911.54
3,727.03
3,727.03
Basic Weighted Avg Shares
45
45
45
45
45
45
45
45
45
45
45
45
45
45
Sales/Revenue/Turnover
216,176
230,299
237,404
220,141
241,832
245,033
255,748
231,254
255,046
272,578
287,880
301,101
326,194
- -
Operating Margin (%)
4.42
4.34
4.43
4.02
4.71
4.22
4.98
3.63
3.71
3.13
4.42
7.15
8.32
- -
Depreciation Expense
8,538
8,543
8,574
8,663
8,897
9,203
9,765
10,447
12,534
11,163
11,010
11,162
11,835
- -
Net Income, GAAP
6,580
6,868
6,962
5,743
7,056
7,653
8,208
7,303
6,733
7,128
11,205
18,487
23,625
- -
Effective Tax Rate (%)
33.73
35.38
32.54
30.99
31.23
27.49
26.76
33.15
30.35
30.16
28
20.81
22.11
- -
Profit Margin (%)
3.04
2.98
2.93
2.61
2.92
3.12
3.21
3.16
2.64
2.62
3.89
6.14
7.24
- -
Working Capital
24,549
32,399
25,600
34,218
38,960
48,952
55,536
53,359
66,888
69,444
84,261
99,047
113,883
113,883
LT Debt
25,815
26,772
14,974
22,427
25,907
29,593
32,931
27,119
31,210
26,995
28,767
27,470
23,064
23,064
Total Equity
60,606
67,404
68,770
74,311
81,228
84,496
90,116
99,735
105,420
110,879
129,487
142,211
178,530
178,530
Return on Invested Capital (%)
5.35
5.4
5.91
5.09
6.38
5.99
7.07
3.9
4.33
3.73
5.21
8.99
10.04
- -
Return on Capital (%)
6.08
6.05
6.22
5.19
6.12
6.77
6.53
5.2
4.59
4.8
6.78
10.18
11.7
- -
Return on Common Equity (%)
11.28
10.93
10.42
8.16
9.2
9.34
9.61
7.95
6.78
6.79
9.56
13.94
15.06
- -

Capital Structure

JPY

•

in mil. unless spec.
Jun'26
Sep'26
Mar'26
ST Debt
- -
11,987
21,340
LT Borrowings
- -
24,544
23,064
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
45
45
45
Market Capitalization
244,856
262,914
344,491

Working Capital

JPY

•

in mil. unless spec.
Jun'26
Sep'26
Mar'26
Total Current Assets
- -
198,997
240,271
Cash, Cash Equivalents & STI
- -
29,231
31,826
Accounts Receivable, Net
- -
77,401
121,733
Inventories
- -
75,836
69,698
Total Current Liabilities
- -
104,408
126,388
Payables & Accruals
- -
- -
- -
ST Debt
- -
11,987
21,340
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.17%
12.61%
25.54%
Free Cash Flow
-756.47%
-1,470.09%
-90.94%
Net Income, GAAP
15.81%
29.61%
27.79%
Sales/Revenue/Turnover
3.44%
7.14%
8.33%
Total Cash Common Dividend
- -
- -
58.76%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
53,532
65,515
64,871
103,962
287,880
2025
- -
- -
- -
- -
301,101
2026
- -
- -
- -
- -
326,194

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-46.33
10.71
71.79
210.82
247
2025
- -
- -
- -
- -
407.51
2026
- -
- -
- -
- -
520.78

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
19.44
2.56
22.24
2.73
46.98
2025
- -
- -
- -
- -
84.89
2026
- -
- -
- -
- -
134.77

Company Description

CEO
Takeshi Miida
Full Time Employees
10,082
Sector
Producer manufacturing
Industry
Electrical products
Address
ThinkPark Tower Tokyo TY Japan 141-6029
IPO Date
May 16, 1949
Business
Meidensha Corporation Meidensha Corporation (6508.T) manufactures and sells electrical equipment and systems for power infrastructure, social systems, industrial applications, and mobility solutions. Founded in 1897 and headquartered in Tokyo, Japan, the company operates primarily through segments including power infrastructure with vacuum circuit breakers, high-voltage switchgears, transformers, surge arresters, and substation equipment; social infrastructure systems encompassing rail electrification, water treatment plants, purification systems, and ceramic membranes; industrial systems featuring dynamometers, automatic guided vehicles, electric vehicle drive systems, motors, inverters, and testing equipment; as well as maintenance services, field engineering, and real estate leasing. Geographically, Meidensha maintains extensive operations in Japan with key facilities such as Numazu Works, Ohta Works, Nagoya Works, and Kofu plant, alongside presence in Asia and other regions supporting global exports of heavy electrical equipment and infrastructure solutions. Recent developments include the introduction of the Medium-term Management Plan for 2027 on May 13, 2025, targeting JPY370 billion in net sales through green strategies, overseas expansion, and data-driven services; a business partnership with AsiaQuest Inc. announced in November 2025 to co-develop AI-driven manufacturing solutions and enhance the MEIDEN CONNECT platform; delivery of AC-DC converter equipment for lithium-ion batteries to NTT Anode Energy; initiation of demonstration experiments for lightning protection on wind turbine blades at Setana Offshore Wind Farm; and the April 2025 acquisition of LIFE PARTS from Ricoh to explore micro-hydropower opportunities.