Results of Operations for the
Fiscal Year Ended March 31, 2023
(FY3/23)
May 17, 2023
MEISEI INDUSTRIAL CO., LTD.
Contents
I. | Summary of the FY3/23 Results of Operations | P.2 |
II. | Progress of the Medium-term Management Plan | |
(Announced on May 7, 2021) | P.8 | |
III. | FY3/24 Forecast | P.14 |
IV. | Appendix | P.18 |
1
- Summary of the FY3/23 Results of Operations
2
Consolidated Statements of Income
-
Sales and earnings increased. The main reasons were steady progress in maintenance work and large-scale construction projects in the construction business as well as progress in large construction projects in the boiler business.
Achieved the order received target despite a challenging order environment.
(Millions of yen) | ||||||||
FY3/22 | FY3/23 | Change | ||||||
Results | Forecast*1 | Results | YoY | Vs. forecast | ||||
Net sales | 48,389 | 52,000 | 55,890 | 7,501 | 3,890 | |||
Gross profit | 9,925 | 10,200 | 11,580 | 1,655 | 1,380 | |||
Operating profit | 5,339 | 5,400 | 6,830 | 1,490 | 1,430 | |||
Ordinary profit | 5,641 | 5,500 | 7,258 | 1,616 | 1,758 | |||
Profit attributable to | 3,793 | 3,650 | 4,680 | 886 | 1,030 | |||
owners of parent | ||||||||
Orders | 53,921 | 53,000 | 60,209 | 6,288 | 7,209 | |||
Balance of Order | 21,363 | 22,363 | 25,682 | 4,318 | 3,319 | |||
* Announced on May | 10, 2022 |
3
Segment Information (Construction Business)
- Achieved higher sales and earnings in the fiscal year ended March 2023 as maintenance work volume in Japan recovered from the off-season period in the previous fiscal year and large-scale construction and other projects progressed steadily. Orders and the balance of order also increased due to large thermal insulation projects related to biomass power generation and other projects.
Japan Overseas
Net Sales | Operating Profit |
Orders | Balance of Order |
4