Meiko Trans Co., Ltd. (9357) Reports Earnings: Operating Profit Down 23.3% YoY to 1.35 Billion Yen

Meiko Trans Co., Ltd. (9357) has released its latest financial results, reporting operating profit down 23.3% YoY to 1.355 billion yen. Net sales for the period came in at 20.804 billion yen, representing a 2.0% increase compared to the same period of the previous year. In terms of other profits, ordinary profit was 2.289 billion yen (down 11.2% YoY), and net income attributable to owners of the parent was 1.607 billion yen (down 1.5% YoY). While top-line revenue showed steady growth, profitability declined across operating and ordinary income levels. Meanwhile, comprehensive income surged significantly by 181.5% YoY to 5.316 billion yen.

From a financial and valuation perspective, the company maintains a robust financial structure with an equity ratio of 77.5%. Retained earnings stand at a substantial 109.41 billion yen, significantly overshadowing interest-bearing debt of 11.45 billion yen, demonstrating high financial stability. The return on equity (ROE) is recorded at 1.45% and return on assets (ROA) at 0.87%, indicating that improving capital efficiency and asset utilization will remain key areas of focus going forward.