Miyaji Engineering Group Posts Profit Slump but Holds Dividend Outlook

MIYAJI ENGINEERING GROUP, INC. ( (JP:3431) ) has provided an update.

MIYAJI ENGINEERING GROUP, INC., a Tokyo-listed engineering group, reported a sharp year-on-year decline in performance for the nine months ended December 31, 2025, with net sales down 24.1% to ¥40.9 billion and profit attributable to owners of parent falling 34.7% to ¥2.4 billion. Operating and ordinary profit were more than halved, even as the equity-to-asset ratio improved to 53.5%, reflecting a stronger balance sheet despite weaker earnings.

The company maintained its dividend stance, confirming an annual dividend forecast of ¥97.50 per share for the year ending March 31, 2026, effectively flat on an adjusted basis versus the prior year after accounting for a two-for-one share split. Full-year guidance remains unchanged, projecting a 22.4% drop in net sales and a near 50% fall in operating profit, signaling a tougher operating environment but also providing visibility for shareholders on expected returns and capital allocation.

The most recent analyst rating on (JP:3431) stock is a Hold with a Yen2194.00 price target. To see the full list of analyst forecasts on MIYAJI ENGINEERING GROUP, INC. stock, see the JP:3431 Stock Forecast page.

More about MIYAJI ENGINEERING GROUP, INC.

MIYAJI ENGINEERING GROUP, INC. is a Japan-based company listed on the Tokyo Stock Exchange that operates under J-GAAP accounting standards. The group is engaged in engineering-related businesses, and its financial disclosures indicate a focus on stable profitability, capital efficiency, and shareholder returns, including a consistent dividend policy despite earnings volatility.

Average Trading Volume: 126,491

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen55.49B

See more insights into 3431 stock on TipRanks’ Stock Analysis page.