Meiko Electronics Co., Ltd. · TSE:6787
Meiko Electronics — Q2 FY2026 Earnings Presentation
11 slides from Meiko Electronics's earnings presentation, Nov 6, 2026
Slide 1: FY2026 Q2 Financial Results Briefing
FY2026 Q2 Financial Results Briefing November 6, 2026 © 2024 Meiko Electronics Co., Ltd. © 202６ Meiko Electronics Co., Ltd.
Slide 2: Disclaimer
Disclaimer: This presentation contains forward-looking statements concerning Meiko Group’s future plans, strategies and performance. However, Meiko does not publish this presentation as a disclosure document based on the Financial Instruments and Exchange Act of Japan. These forward-looking statemen
Slide 3: Business Overview
Business Overview ●Financial Results Overview （billion Yen） H1 Result Full Year Forecast Y-on-Y 48.7％ Y-on-Y 58.0％ Net sales 165.8 +54.3 Increase 380 +139.4 Increase Y-on-Y 53.2％ Y-on-Y 95.3％ Operating income 17.5 +6.1 Increase 48 +23.4 Increase ●PCB Business ・Sales and profits continued to grow acr
Slide 4: H1 Financial Results - Consolidated
FY2026 H1 Financial Results -Consolidated （billion Yen） FY2025 FY2026 Full Yrar H1 Result % H1 Result % Diff % H2 Forecast % % Forecast PCB 91.8 135.4 43.6 47.5% 184.6 320.0 Net sales Electronic Equipment 19.7 30.4 10.7 54.3% 29.6 60.0 111.5 165.8 54.3 48.7% 214.2 380.0 PCB 10.0 10.9% 15.9 11.7% 5.9
Slide 5: FY2026 H1 - Net Sales by Product Application
FY2026 H1 – Net Sales by Product Application （billion Yen） FY2025 FY2026 Full Year Full Year H1 Results H1 Results Diff % H2 Forecast Diff % Forecst Forecst Automotive 46.9 97.5 58.9 12.0 25.6% 71.1 130.0 32.5 33.3% Smartphone 13.2 29.4 16.2 3.0 22.7% 17.8 34.0 4.6 15.6% satellite communication 10.9
Slide 6: FY2026 H1 - Net Sales by Product Specification
FY2026 H1 – Net Sales by Product Specification （billion Yen） FY2025 FY2026 Full Year H1 Results Results H1 Results Diff % H2 Forecast Diff % Forecast MLB 38.6 82.0 50.8 12.2 31.6% 53.2 104.0 22.0 26.8% HDI 49.7 109.8 80.6 30.9 62.2% 108.4 189.0 79.2 72.1% HLC 0.0 0.0 0.4 0.4 - 13.6 14.0 14.0 - SLP 0
Slide 7: Overview of Revisions to the Medium-Term Business Plan
Overview of Revisions to the Medium-Term Business Plan （billion Yen） Comparison of FY2025 and FY2028, the Final Year of the Medium-Term Business Plan FY2025 FY2028 Growth CAGR Net sales 240.6 660.0 2.7x 40.0％ Operating Operating Operating income 24.6 Margin 100.0 Margin 4.0x 59.6％ 10.2％ 15.2％ Sales
Slide 8: Revisions to the Medium-Term Business Plan
Revisions to the Medium-Term Business Plan （billion Yen） Sales Operating income Revised forecast Initial forecast 15.0% 13.5% 660 12.6% 14.0% 13.0% 10.2% 520 12.0% 460 380 390 320 241 100.0 70.0 65.0 48.0 51.0 38.0 24.6 FY2025 FY2026 FY2027 FY2028 Actual Initial forecast Revised forecast Initial for
Slide 9: FY2025~FY2028 Net Sales by Product Application
FY2025~FY2028 Net Sales by Product Application （billion Yen） 160.0 140.0 135.0 130.0 125.0 97.5 87.0 80.0 80.0 70.0 70.0 60.0 60.0 50.0 45.0 56.0 42.6 40.0 49.0 34.0 35.0 29.4 30.0 30.0 30.0 42.5 28.2 28.5 ODM 24.4 24.5 22.9 18.5 14.0 EMS 24.0 2.0 19.7 17.5 21.0 '25 '26 '27 '28 0.0 0.0 0.0 0.0 Amuse
Slide 10: FY2025~FY2028 Net Sales by Product Specification
FY2025~FY2028 Net Sales by Product Specification （billion Yen） 303.0 256.5 189.0 109.8 104.0 100.0 95.0 82.0 80.0 80.0 79.0 70.0 60.0 42.6 41.0 40.0 14.0 10.0 12.0 5.0 3.2 4.0 6.5 4.0 4.0 1.0 1.0 1.0 1.0 0 0 2.0 '25 '26 '27 '28 Electronic MLB HDI HLC SLP PKG/Module FPC POW Equipment Composition 34.1
Slide 11: Financial Strategy and Shareholder Returns
Financial Strategy and Shareholder Returns （ billion yen） FY2023(Actual) FY2024(Actual) FY2025(Actual) FY2026（Forecast) FY2027（Forecast) FY2028（Forecast) Net Sales 179.5 207 241 380 520 660 Operating Income 11.7 19.1 24.6 48 70 100 OP Margin(%) 6.5 9.2 10.2 12.6 13.5 15.2 Ordinary Income 14.3 18.8 2