FilingReader Intelligence

Meito sells securities, raises full-year profit forecast by 40%

September 10, 2025 at 12:01 PM UTCBy FilingReader AI

Meito Sangyo announced on September 10, 2025, that it will record an extraordinary gain from the sale of a portion of its investment securities. The company sold one listed security it held, resulting in an extraordinary gain of JPY 1,224 million. This sale was undertaken to review policy-held shares, enhance asset efficiency, and strengthen its financial position. The gain will be recognized in the second quarter of the fiscal year ending March 2026.

Consequently, Meito Sangyo has revised its consolidated earnings forecast for the fiscal year ending March 31, 2026. While net sales, operating profit, and ordinary profit remain unchanged, profit attributable to owners of parent is now projected to be JPY 2,800 million, an increase of JPY 800 million (40.0%) from the previous forecast of JPY 2,000 million. Earnings per share are revised to JPY 165.41 from JPY 118.15.

The revision primarily reflects the impact of the extraordinary gain from the sale of investment securities, which is expected to significantly boost profit attributable to owners of parent.

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

TSE:2207Tokyo Stock Exchange

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