Meiwa Posts Higher Sales and Operating Profit, Plans Dividend Hike for FY 2027

Meiwa Corporation ( (JP:8103) ) has shared an announcement.

Meiwa Corporation reported consolidated net sales of ¥164.9 billion for the fiscal year ended March 31, 2026, up 5.2% year on year, with operating income rising 15.8% to ¥4.1 billion, while ordinary income and net income attributable to owners of parent were essentially flat. The company’s equity ratio slipped to 48.9% despite higher net assets, cash and cash equivalents climbed to ¥11.2 billion, and dividend payments were maintained at ¥42 per share, with a higher ¥47 dividend and modest profit growth projected for the year to March 2027 as Meiwa integrates three newly consolidated subsidiaries and targets incremental gains in sales and earnings.

Management forecasts fiscal 2027 net sales of ¥170 billion, operating income of ¥4.2 billion, and net income of ¥3.7 billion, implying nearly 10% growth in bottom-line profit and a payout ratio just above 50%. The inclusion of Takaroku Corporation and two Thai units in the consolidated group, coupled with stable profitability metrics such as an operating margin around the mid-2% range and rising net assets per share, suggests Meiwa is cautiously strengthening its financial base and regional footprint while continuing a shareholder-friendly dividend policy.

More about Meiwa Corporation

Meiwa Corporation is a Tokyo Stock Exchange-listed Japanese company operating under Japanese GAAP, with consolidated net sales of ¥164.9 billion in the fiscal year ended March 31, 2026. The group has expanded its scope of consolidation to include domestic and Thai subsidiaries, indicating a focus on broader trading and operational activities in Japan and Southeast Asia.

Average Trading Volume: 779,322

Technical Sentiment Signal: Buy

Current Market Cap: Yen31.16B

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