Meiji Electric Industries Co., Ltd.

Meiji Electric Industries Co., Ltd.

TTSE:3388
2,074.00
JPY
-24.00
(-1.14%)
19.17BMarket 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
3,982.04
4,836.48
5,123.58
5,259.97
5,922.47
7,243.03
7,014.01
5,573.25
5,861.79
5,607.87
5,885.1
6,180.05
5,990.59
- -
Basic EPS, GAAP
69.23
130.77
135.37
132.55
187.47
275.22
240.69
132.13
154.08
173.23
191.46
191.34
223.14
- -
Free Cash Flow per Basic Share
-0.16
60.03
62.82
42.92
-72.2
124.47
258.06
228.26
30.33
-384.61
420.28
101.11
604.94
- -
Dividend per Share
15.1
17.51
54.93
39.96
40.01
74.91
71.99
67.03
59.56
47.02
51.93
67.94
73.91
- -
Book Value per Share
1,209.27
1,362.95
1,410.26
1,503.16
1,678.74
1,868.43
2,001.82
2,125.45
2,144.63
2,306.54
2,577.33
2,700.65
2,970.72
2,700.65
Tangible Book Value per Share
1,205.38
1,356.82
1,397.74
1,489.99
1,667.04
1,851.01
1,982.21
2,106.85
2,125.59
2,259.86
2,522.34
2,659.65
2,939.88
2,659.65
Basic Weighted Avg Shares
12
11
11
11
11
11
11
11
12
13
13
13
13
13
Sales/Revenue/Turnover
46,433
55,409
58,698
60,260
67,850
82,978
80,408
63,910
67,749
70,947
74,581
78,673
76,360
- -
Operating Margin (%)
2.47
3.61
3.87
3.33
4.15
5.32
4.87
2.96
2.96
3.84
3.91
4.19
4.81
- -
Depreciation Expense
116
117
125
140
187
183
201
217
233
220
227
336
451
- -
Net Income, GAAP
807
1,498
1,551
1,519
2,148
3,153
2,759
1,515
1,781
2,192
2,426
2,436
2,844
- -
Effective Tax Rate (%)
36.85
36.66
35.92
33.22
28.98
30.2
30.73
31.35
28.68
29.45
29.46
30.89
29.38
- -
Profit Margin (%)
1.74
2.7
2.64
2.52
3.17
3.8
3.43
2.37
2.63
3.09
3.25
3.1
3.72
- -
Working Capital
10,199
11,646
12,590
13,358
14,495
16,321
18,510
18,646
20,533
21,615
23,439
25,318
26,961
25,318
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
13,854
15,614
16,157
17,221
19,232
21,548
23,139
24,552
27,328
29,411
33,064
34,771
38,327
34,771
Return on Invested Capital (%)
5.3
8.39
8.93
7.86
10.34
13.68
11.34
5.33
5.42
6.35
6.22
6.59
6.96
- -
Return on Capital (%)
6.03
10.19
9.78
9.11
11.43
14.53
11.83
6.3
6.76
7.35
7.39
7.04
7.69
- -
Return on Common Equity (%)
6.02
10.17
9.76
9.1
11.78
15.52
12.44
6.4
6.91
7.78
7.83
7.25
7.87
- -

Capital Structure

JPY

•

in mil. unless spec.
Jun'25
Sep'25
Mar'25
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
13
13
13
Market Capitalization
23,528
18,340
19,166

Working Capital

JPY

•

in mil. unless spec.
Jun'25
Sep'25
Mar'25
Total Current Assets
- -
40,165
43,673
Cash, Cash Equivalents & STI
- -
10,029
7,906
Accounts Receivable, Net
- -
14,465
19,104
Inventories
- -
6,935
6,014
Total Current Liabilities
- -
16,002
18,355
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.05%
9.35%
10.23%
Free Cash Flow
-183.74%
-272.21%
499.05%
Net Income, GAAP
9.71%
13.69%
16.77%
Sales/Revenue/Turnover
3.23%
3.68%
-2.94%
Total Cash Common Dividend
7.64%
5.39%
8.94%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
78,673
2026
- -
- -
- -
- -
76,360
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
191.34
2026
- -
- -
- -
- -
223.14
2027
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
67.94
2026
- -
- -
- -
- -
73.91
2027
- -
- -
- -
- -
- -

Company Description

CEO
Hiroki Sugiwaki
Full Time Employees
709
Sector
Producer manufacturing
Industry
Industrial machinery
Address
2-13-8 Kamejima Nagoya AIC Japan 453-8580
IPO Date
Oct 1, 2005
Business
Meiji Electric Industries Co., Ltd. (3388.T) imports, exports, and sells electrical devices, measuring instruments, electrical equipment, automation and energy-saving function components, and equipment; develops, designs, and manufactures electronic products, various inspection systems, mechatronic devices, factory automation (FA) systems, information and distribution systems; provides measurement, control, and information processing consulting services; and maintains industrial instrumentation and electrical measurement devices. The company offers control equipment including sequence programmable controllers, operation displays, image processing apparatus, sensors, and relays; industrial equipment such as industrial robots, welding machines, power receiving and distribution equipment, air conditioning equipment, and machinery; measuring instruments encompassing electronic measuring devices, industrial meters, on-site measuring devices, recording devices, and thermostatic baths; electric power equipment like stabilized power supplies, no-power-outage systems, electronic load devices, and special power supplies; and implementation equipment including chip mounters, reflow furnaces, and substrate inspection equipment. Meiji Electric Industries operates primarily in Japan with overseas subsidiaries including Meiji Corporation (USA), Meiji UK Ltd., Meiji Electric Industries (Shanghai) Co., Ltd., Meiji (Thailand) Co., Ltd., and Meijidenki India Private Limited, supporting global manufacturing through localized equipment fabrication, procurement, and maintenance. Incorporated in July 1920 and headquartered at 2-13-8 Kamejima, Nakamura-ku, Nagoya-shi, Japan, the company employs 720 consolidated staff as of March 31, 2025, and focuses on high-value-added total solutions for manufacturing sectors including factory automation, productivity enhancement, IoT promotion, and business continuity planning. Recent developments include the appointment of Shinya Moroto as a new director on June 26, 2025, alongside strong financial performance with consolidated net sales projected at 78.67 billion yen for fiscal year 2025 and a dividend announcement of 44 yen per share payable in June 2026; the company maintains its strategic emphasis on engineering expansion and global network strengthening without major acquisitions or partnerships reported in the last 1-2 years.