FilingReader Intelligence

Meitec Q1 sales rise 3.6% despite engineer headcount decline

July 31, 2025 at 02:40 AM UTCBy FilingReader AI

Meitec Group reported consolidated net sales of 34,084 million yen for Q1 FY2026, up 3.6% year-on-year, with operating profit rising 2.3% to 4,879 million yen. Growth was driven by the Engineering Solutions Business due to robust demand.

However, total engineer headcount fell 0.8% to 12,588 as of June 30. Meitec Fielders saw operating profit decline 9.8% due to increased labor costs.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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