Meiji Holdings KK

Latest Results (23.05.2024):

Revenue Growth

Meiji Holdings KK reported a revenue increase for the fiscal year ended March 31, 2023. The company's net sales rose by 4.8% to 1,062,157 million yen, up from 1,013,092 million yen in the previous fiscal year. This growth reflects the company's ability to maintain sales momentum amidst challenging market conditions.

Profit Decline

Despite the increase in revenue, Meiji Holdings KK experienced a significant decline in profitability metrics for the fiscal year ended March 31, 2023. Operating profit decreased by 18.8% to 75,433 million yen, ordinary profit fell by 21.1% to 74,160 million yen, and profit attributable to owners of the parent dropped by 20.7% to 69,424 million yen.

Dividend Information

Meiji Holdings KK has announced dividends for the fiscal year ended March 31, 2023. The company declared an annual total cash dividend of 170.00 yen per share, which represents a payout ratio of 28.0% and a dividends to net assets ratio of 3.8%. This demonstrates the company's commitment to returning value to its shareholders.

Financial Position

As of March 31, 2023, Meiji Holdings KK reported total assets of 1,136,217 million yen and net assets of 751,311 million yen, resulting in an equity ratio of 62.7%. This marks an improvement from the previous fiscal year and indicates a solid financial base and enhanced shareholder equity.

Future Outlook

Looking ahead to the fiscal year ending March 31, 2024, Meiji Holdings KK forecasts a full-year net sales of 1,102,000 million yen, which would be a 3.8% increase from the previous year. However, the company anticipates a decrease in profit attributable to owners of the parent by 26.5% to 51,000 million yen. This outlook reflects both the opportunities and challenges the company expects to face in the coming fiscal year.