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Meiwa Corporation ( (JP:8103) ) has issued an announcement.
Meiwa Corporation reported a 1.2% year-on-year increase in net sales for the third quarter of the fiscal year ending March 31, 2026, driven by strong performance in Business Division 1 and the added contribution from newly acquired Takaroku Corporation in Business Division 3, which more than offset weak sales in Business Division 2. Despite higher operating income on the back of increased sales, overall profit declined 11.0% as equity-method affiliates moved into loss and certain transactions incurred foreign exchange losses, though the company left its full-year forecast, including a net income target of ¥3.0 billion and an annual dividend projection of ¥38 per share, unchanged, signaling management’s confidence in its earnings outlook and commitment to shareholder returns.
The most recent analyst rating on (JP:8103) stock is a Buy with a Yen1125.00 price target. To see the full list of analyst forecasts on Meiwa Corporation stock, see the JP:8103 Stock Forecast page.
More about Meiwa Corporation
Meiwa Corporation, listed under stock code 8103, operates through multiple business divisions and has recently expanded its operations via the acquisition of Takaroku Corporation, which contributes to its Business Division 3. The company is engaged in diversified commercial and industrial activities, with performance differentiated across its divisions, reflecting varying demand conditions in its target markets.
Average Trading Volume: 182,152
Technical Sentiment Signal: Buy
Current Market Cap: Yen39.95B
See more insights into 8103 stock on TipRanks’ Stock Analysis page.