Meiji Holdings Co ( (MEJHF) ) has released its Q1 earnings. Here is a breakdown of the information Meiji Holdings Co presented to its investors.
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Meiji Holdings Co., Ltd. is a leading Japanese company operating in the food and pharmaceutical sectors, known for its diverse range of products including dairy, chocolate, nutrition, and pharmaceuticals. In its latest earnings report for the first quarter of the fiscal year ending March 31, 2026, Meiji Holdings reported a decline in net sales and profits compared to the previous year. Net sales decreased by 1.8% to JPY 273.569 billion, while operating profit and ordinary profit fell by 13.4% and 13.3% respectively. Profit attributable to owners of the parent dropped significantly by 27.6% to JPY 10.095 billion.
Key financial performance metrics indicate that the food segment’s net sales remained relatively stable, with notable increases in the chocolate and food solutions businesses. However, the nutrition business faced a decline. The pharmaceutical segment experienced a decrease in net sales and operating profit, particularly in overseas pharmaceuticals, despite an increase in sales of vaccines and veterinary drugs. The company is actively working on its 2026 Medium-Term Business Plan, focusing on price adjustments and strategic expansions in both domestic and international markets.
Looking forward, Meiji Holdings maintains its full-year forecast with a projected 3.5% increase in net sales to JPY 1,195 billion, and a 6.3% rise in profit attributable to owners of the parent. The company continues to navigate challenges such as rising costs and market uncertainties while implementing strategies to enhance profitability and market presence.