Meiji MachineMeiji Machine Co.,Ltd.6334東証スタンダード機械FY ending Mar 2026, consolidated, J-GAAP

Meiji Machine revenue and profit

It lost about ¥3 for every ¥100 of sales at the operating level. Revenue changed -15.4% from the prior year, operating profit -161.1%.

Five-year trend

Revenue¥5.51B
FY ending Mar 2022: ¥7.59B¥7.59BFY ending Mar 2023: ¥6.31B¥6.31BFY ending Mar 2024: ¥4.9B¥4.9BFY ending Mar 2025: ¥6.51B¥6.51BFY ending Mar 2026: ¥5.51B¥5.51BFY22FY23FY24FY25FY26
Operating income-¥159.8M
FY ending Mar 2022: ¥321.8M¥321.8MFY ending Mar 2023: ¥188.2M¥188.2MFY ending Mar 2024: ¥247.3M¥247.3MFY ending Mar 2025: ¥261.7M¥261.7MFY ending Mar 2026: -¥159.8M-¥159.8MFY22FY23FY24FY25FY26
Operating margin-2.9%
FY ending Mar 2022: 4.2%4.2%FY ending Mar 2023: 3.0%3.0%FY ending Mar 2024: 5.1%5.1%FY ending Mar 2025: 4.0%4.0%FY ending Mar 2026: -2.9%-2.9%FY22FY23FY24FY25FY26

What drives ROE

Net margin × asset turnover = ROA; ROA × financial leverage = ROE

Net margin0.5%
Asset turnover0.86×
ROA0.4%
ROA0.4%
Financial leverage2.24×
ROE0.9%

Denominators: average assets and average equity. Derived from reported values; ROE is shown only for positive profit and equity.

Net margin0.5%
2023: 28.0%28.0%2024: 6.4%6.4%2025: 1.8%1.8%2026: 0.5%0.5%2223242526
Asset turnover0.86×
2023: 0.87×0.87×2024: 0.69×0.69×2025: 0.95×0.95×2026: 0.86×0.86×2223242526
ROA0.4%
2022: -1.6%-1.6%2023: 24.4%24.4%2024: 4.5%4.5%2025: 1.7%1.7%2026: 0.4%0.4%2223242526
Financial leverage2.24×
2023: 3.93×3.93×2024: 2.49×2.49×2025: 2.37×2.37×2026: 2.24×2.24×2223242526
ROE0.9%
2023: 95.7%95.7%2024: 11.1%11.1%2025: 4.0%4.0%2026: 0.9%0.9%2223242526
PeriodNet marginAsset turnoverROAFinancial leverageROE
2022——×-1.6%—×—
202328.0%0.87×24.4%3.93×95.7%
20246.4%0.69×4.5%2.49×11.1%
20251.8%0.95×1.7%2.37×4.0%
20260.5%0.86×0.4%2.24×0.9%

Financial leverage can raise ROE; a higher value alone does not describe a company's overall condition.

Asset intensity and goodwill

Annual trends in tangible-asset ratios and goodwill balance.

PPE ÷ revenue31.7%
2021: 7.9%7.9%2022: 12.7%12.7%2023: 14.6%14.6%2024: 24.3%24.3%2025: 21.9%21.9%2026: 31.7%31.7%212223242526
PPE ÷ total assets29.6%
2021: 11.1%11.1%2022: 13.3%13.3%2023: 12.7%12.7%2024: 17.3%17.3%2025: 20.9%20.9%2026: 29.6%29.6%212223242526
Goodwill ÷ parent equity3.1%
2025: 3.5%3.5%2026: 3.1%3.1%212223242526
Goodwill balance¥88.8M
2025: ¥99M¥99M2026: ¥88.8M¥88.8M212223242526

Ratios are derived from reported values. Goodwill is shown only when separately reported; it is not inferred from combined intangible assets. Definition

Investment and working-capital efficiency

Track R&D investment and how long operating capital remains tied up before sales turn into cash.

R&D spending¥6M
2021: ¥5M¥5M2022: ¥18M¥18M2023: ¥11M¥11M2024: ¥22M¥22M2025: ¥6M¥6M2026: ¥6M¥6M212223242526
R&D / revenue0.1%
2021: 0.0%0.0%2022: 0.2%0.2%2023: 0.2%0.2%2024: 0.4%0.4%2025: 0.1%0.1%2026: 0.1%0.1%212223242526
Receivable days—
2021: 47d47d212223242526
Payable days—
2021: 54d54d2022: 22d22d2023: 26d26d2024: 42d42d212223242526

R&D is shown only for years with machine-readable disclosure. Days are estimates using year-end receivables, inventory and payables divided by annual revenue or cost of sales; financial companies are excluded.

Income statement (JPY millions)

ItemFY ending Mar 2022FY ending Mar 2023FY ending Mar 2024FY ending Mar 2025FY ending Mar 2026
Revenue7,5916,3064,8966,5115,508
Cost of revenue6,7015,5903,4924,9924,147
Gross profit8907161,4041,5191,362
SG&A5685281,1571,2581,521
Operating income322188247262-160
Pretax income-931,68823614750
Income tax24-76-783224
Net income attributable to owners-1171,76531411625
Operating margin4.2%3.0%5.1%4.0%-2.9%

Balance sheet (reported items)

Year-end figures from filings. Unreported items are omitted. Interest-bearing debt excludes lease liabilities.

Assets

Cash 18%
Property, plant and equipment 30%
6%
0%
Other assets 46%

Funding

Other liabilities 48%
Equity 52%

Each bar totals 100% of assets; other is the residual.

ItemFY ending Mar 2022FY ending Mar 2023FY ending Mar 2024FY ending Mar 2025FY ending Mar 2026
Cash and equivalents¥2.61B¥2.17B¥2.34B¥1.32B¥1.04B
Total assets¥7.24B¥7.24B¥6.87B¥6.85B¥5.9B
Net assets¥1.14B¥3.43B¥3.18B¥3.03B¥3.07B
Share capital¥100M¥100M¥100M¥100M¥100M
Property, plant and equipment¥964.1M¥921.8M¥1.19B¥1.43B¥1.75B
Intangible assets excluding goodwill¥76.5M¥97.6M¥68M¥243.7M¥243.6M
Goodwill———¥99M¥88.8M
Investment securities¥418.2M¥1.19B¥415.5M¥149.4M¥32.7M
Current assets¥5.5B¥4.9B¥4.82B¥4.85B¥3.44B
Current liabilities¥5.4B¥2.54B¥2.93B¥2.4B¥1.45B
Trade payables¥410.7M¥403.6M¥404.5M——
Short-term borrowings¥2.33B¥1.08B¥807.5M¥292M¥200M
Long-term borrowings¥320M¥766.4M¥572.9M¥1.2B¥1.15B
Total liabilities¥6.11B¥3.81B¥3.69B¥3.82B¥2.83B
Equity attributable to owners of parent¥961.7M¥2.73B¥2.94B¥2.84B¥2.84B
Retained earnings-¥620.1M¥1.86B¥2.15B¥2.22B¥2.18B
Treasury stock-¥8.9M-¥8.9M-¥86.6M-¥256.9M-¥209.9M

Sources

Show source documents (6)
  • EDINET (FSA Japan)

    有価証券報告書-第151期(2025/04/01-2026/03/31)

    ID S100YJ532026-06-24Open
  • EDINET (FSA Japan)

    有価証券報告書-第150期(2024/04/01-2025/03/31)

    ID S100W4CK2025-06-24Open
  • EDINET (FSA Japan)

    有価証券報告書-第149期(2023/04/01-2024/03/31)

    ID S100TWVL2024-06-27Open
  • EDINET (FSA Japan)

    有価証券報告書-第148期(2022/04/01-2023/03/31)

    ID S100R6I62023-06-27Open
  • EDINET (FSA Japan)

    有価証券報告書-第147期(令和3年4月1日-令和4年3月31日)

    ID S100OLIE2022-06-29Open
  • EDINET (FSA Japan)

    有価証券報告書-第146期(令和2年4月1日-令和3年3月31日)

    ID S100LVV12021-06-30Open

Extracted from XBRL: 50 / Derived from other figures: 1

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