Annual Report
Meisei Industrial Co., Ltd.
and Consolidated Subsidiaries
Year ended March 31, 2022
Meisei Industrial Co., Ltd. and Consolidated Subsidiaries
Annual Report
Year ended March 31, 2022
Contents
Financial Highlights.......................................................................................................... | 1 |
Consolidated Financial Statements ............................................................. | 3 |
Consolidated Balance Sheet .......................................................................................... | 4 |
Consolidated Statement of Income ................................................................................ | 6 |
Consolidated Statement of Comprehensive Income ...................................................... | 7 |
Consolidated Statement of Changes in Net Assets ....................................................... | 8 |
Consolidated Statement of Cash Flows ......................................................................... | 9 |
Notes to Consolidated Financial Statements ............................................................... | 10 |
Independent Auditor's Report....................................................................................... | 33 |
Outline of Meisei Industrial Co., Ltd........................................................................ | 38 |
Meisei Industrial Co., Ltd. and Consolidated Subsidiaries
Financial Highlights
(Millions of yen, except for per share amounts) | |||||
2022 | 2021 | 2020 | 2019 | 2018 | |
For the Year: | |||||
Construction orders awarded | ¥ 53,921 | ¥ 49,582 | ¥ 47,499 | ¥ 56,165 | ¥ 53,687 |
Net sales | 48,389 | 50,533 | 53,074 | 52,811 | 55,146 |
Operating income | 5,340 | 6,399 | 6,443 | 7,278 | 6,301 |
Profit attributable to owners of parent | 3,794 | 4,601 | 4,710 | 5,069 | 4,358 |
Per Share (yen): | |||||
Net profit - basic | 74.63 | 89.74 | 91.00 | 97.41 | 84.04 |
Net profit - diluted | - | - | - | 97.36 | 83.90 |
Cash dividends | 30.00 | 30.00 | 30.00 | 30.00 | 26.00 |
At the Year End: | |||||
Total assets | 71,149 | 68,921 | 66,325 | 66,533 | 62,818 |
Common stock | 6,889 | 6,889 | 6,889 | 6,889 | 6,889 |
Net assets | 55,925 | 54,366 | 50,784 | 48,717 | 45,386 |
Net assets per share (yen) | 1,116.33 | 1,053.19 | 983.89 | 927.08 | 868.82 |
Interest-bearing debt | 1,088 | 1,154 | 960 | 1,020 | 1,042 |
General: | |||||
Number of subsidiaries | 13 | 13 | 12 | 12 | 12 |
Number of employees | 651 | 663 | 658 | 641 | 632 |
(Thousands of U.S. dollars, except for per share amounts) | ||||||
2022 | 2021 | 2020 | 2019 | 2018 | ||
For the Year: | ||||||
Construction orders awarded | $ 440,567 | $ 405,115 | $ 388,095 | $ 458,902 | $ 438,655 | |
Net sales | 395,367 | 412,885 | 433,647 | 431,498 | 450,576 | |
Operating income | 43,631 | 52,284 | 52,643 | 59,466 | 51,483 | |
Profit attributable to owners of parent | 30,999 | 37,593 | 38,484 | 41,417 | 35,607 | |
Per Share (dollars): | ||||||
Net profit - basic | 0.61 | 0.73 | 0.74 | 0.80 | 0.69 | |
Net profit - diluted | - | - | - | 0.80 | 0.69 | |
Cash dividends | 0.25 | 0.25 | 0.25 | 0.25 | 0.21 | |
At the Year End: | ||||||
Total assets | 581,330 | 563,126 | 541,915 | 543,615 | 513,261 | |
Common stock | 56,287 | 56,287 | 56,287 | 56,287 | 56,287 | |
Net assets | 456,941 | 444,202 | 414,936 | 398,047 | 370,831 | |
Net assets per share (dollars) | 9.12 | 8.61 | 8.04 | 7.57 | 7.10 | |
Interest-bearing debt | 8,890 | 9,429 | 7,844 | 8,334 | 8,514 |
- 1 -
Meisei Industrial Co., Ltd. and Consolidated Subsidiaries
Financial Highlights
Construction Orders Awarded
Millions of yen
60,000 | 56,165 | |||
53,687 | 53,921 | |||
49,582 | ||||
50,000 | ||||
47,499 | ||||
40,000 | ||||
30,000 | ||||
20,000 | ||||
10,000 | ||||
0 | ||||
2018 | 2019 | 2020 | 2021 | 2022 |
Operating Income
Millions of yen
8,000 | 7,278 | ||||
7,000 | 6,301 | 6,443 | 6,399 | ||
6,000 | 5,340 | ||||
5,000 | |||||
4,000 | |||||
3,000 | |||||
2,000 | |||||
1,000 | |||||
0 | |||||
2018 | 2019 | 2020 | 2021 | 2022 |
Total Assets
Millions of yen
80,000 | 71,149 | ||||
66,533 | 66,325 | 68,921 | |||
70,000 | 62,818 | ||||
60,000 | |||||
50,000 | |||||
40,000 | |||||
30,000 | |||||
20,000 | |||||
10,000 | |||||
0 | |||||
2018 | 2019 | 2020 | 2021 | 2022 |
Net Sales
Millions of yen
60,000 | 55,146 | ||||
52,811 | 53,074 | 50,533 | |||
50,000 | 48,389 | ||||
40,000 | |||||
30,000 | |||||
20,000 | |||||
10,000 | |||||
0 | |||||
2018 | 2019 | 2020 | 2021 | 2022 |
Profit attributable to Owners of Parent
Millions of yen
6,000 | |||||
5,000 | 5,069 | ||||
4,358 | 4,710 | 4,601 | |||
4,000 | 3,794 | ||||
3,000 | |||||
2,000 | |||||
1,000 | |||||
0 | |||||
2018 | 2019 | 2020 | 2021 | 2022 |
Net Assets
Millions of yen
60,000 | 54,366 | 55,925 | |||
50,784 | |||||
48,717 | |||||
50,000 | 45,386 | ||||
40,000 | |||||
30,000 | |||||
20,000 | |||||
10,000 | |||||
0 | |||||
2018 | 2019 | 2020 | 2021 | 2022 |
- 2 -
Consolidated Financial Statements
Meisei Industrial Co., Ltd.
and Consolidated Subsidiaries
Year ended March 31, 2022
with Independent Auditor's Report
- 3 -
This is an excerpt of the original content. To continue reading it, access the original document here.