MEIJI ELECTRIC INDUSTRIES CO.,LTD. [3388.T]
TOKYO, May 15 (Pulse News Wire) – Meiji Electric Industries CO.,LTD. (3388.T) revised its sales plan for the 11th Mid-Term Business Strategy covering fiscal years ending March 2025 through March 2027.
The revision was based on recent changes in the operating environment and past performance results. According to the updated figures, the company projects revenue of ¥76.36 billion for the fiscal year ending March 2026 and ¥84 billion for the fiscal year ending March 2027. Operating profit is forecasted to reach ¥4.07 billion in fiscal 2027.
For the fiscal year ending March 2025, the company reported revenue of ¥78.672 billion and operating profit of ¥3.294 billion. The company expects operating profit to improve to ¥3.67 billion in fiscal 2026. Net income attributable to shareholders of the parent company is projected to rise to ¥3.06 billion in fiscal 2026 from ¥2.844 billion in fiscal 2025.
Meiji Electric remains committed to achieving its mid-term goals while maintaining its strategic direction.
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