TOKYO, Apr 30 (Pulse News Wire) – Meiwa Corporation (8103.T) reported a revenue increase of ¥164.927 million for the fiscal year ending March 2026 compared to the previous year, driven by strong performances in its Rare Earth Metals and Flame Retardants division and Battery-Automotive Materials division. However, despite the rise in operating profit to ¥4.132 billion, net profit remained flat at ¥5.091 billion due to reduced share investment income and foreign exchange losses.
The company also noted significant contributions from subsidiary Takaroku acquired mid-year, which bolstered sales within the Chemical Products division. Additionally, the disposal of policy-held shares led to increased special gains, pushing overall profits higher. Meiwa declared an interim dividend of ¥1 per share, marking an increase from the prior year.
In terms of regional performance, domestic operations showed robust growth while overseas sales maintained parity with last year's levels, with Chinese exports continuing to represent a high proportion of total overseas sales. The company’s capital structure saw improvements, with cash and equivalents increasing by ¥1.087 billion, reflecting stronger liquidity positions. Overall, Meiwa highlighted its resilience amid challenging economic conditions, emphasizing strategic acquisitions and effective cost management as key drivers behind their financial results.
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