Moriya Transportation Engineering and Manufacturing Co.,Ltd. [6226.T]
TOKYO, May 11 (Pulse News Wire) – Moriya Transportation Engineering And Manufacturing CO.,LTD. (6226.T) reported robust fiscal 2026 March quarter earnings, achieving record-high operating profit of ¥5 billion, up 41.3% from the previous year.
Revenue surged to ¥23.75 billion, marking a significant increase of 21.1%. The growth was driven by higher sales of newly installed elevators and increased maintenance services. In detail, the company saw a 21.1% rise in revenue compared to the previous year, with manufacturing and sales contributing significantly due to an increase in installation orders and price hikes. Maintenance and repair services also grew substantially, reflecting a strategic shift towards comprehensive service offerings.
Operating income reached ¥5 billion, surpassing the previous year's figure by 871 million yen, while net income climbed to ¥3.58 billion, up 25.8%. Looking ahead, Moriya expects continued growth but anticipates a slight decline in operating margin to 3.8%, primarily due to rising costs such as materials, labor, and outsourcing fees. The company projects revenue of ¥23.5 billion for fiscal 2027 March quarter, with a target of 393 units sold and 405 installations initiated, down slightly from the previous year’s performance. Moriya plans to allocate its cash flow strategically, focusing on enhancing cost competitiveness through research and development investments, expanding into new markets, and increasing human capital investment.
Additionally, the firm intends to raise its dividend payout ratio to around 30% from the current level, providing greater returns to shareholders.
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