View Future GrowthMeiko Trans 과거 순이익 실적과거 기준 점검 3/6Meiko Trans은 연평균 4.7%의 비율로 수입이 증가해 온 반면, Infrastructure 산업은 수입이 7% 증가했습니다. 매출은 연평균 0.9%의 비율로 증가했습니다. Meiko Trans의 자기자본이익률은 4.2%이고 순이익률은 7.1%입니다.핵심 정보4.73%순이익 성장률4.64%주당순이익(EPS) 성장률Infrastructure 산업 성장률7.16%매출 성장률0.89%자기자본이익률4.23%순이익률7.07%최근 순이익 업데이트30 Jun 2026최근 과거 실적 업데이트Reported Earnings • Aug 08First quarter 2027 earnings released: EPS: JP¥54.05 (vs JP¥54.51 in 1Q 2026)First quarter 2027 results: EPS: JP¥54.05 (down from JP¥54.51 in 1Q 2026). Revenue: JP¥20.8b (up 2.0% from 1Q 2026). Net income: JP¥1.61b (down 1.4% from 1Q 2026). Profit margin: 7.7% (down from 8.0% in 1Q 2026). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Feb 10Third quarter 2026 earnings released: EPS: JP¥65.70 (vs JP¥57.08 in 3Q 2025)Third quarter 2026 results: EPS: JP¥65.70 (up from JP¥57.08 in 3Q 2025). Revenue: JP¥21.3b (up 5.6% from 3Q 2025). Net income: JP¥1.97b (up 15% from 3Q 2025). Profit margin: 9.3% (up from 8.5% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Nov 16Second quarter 2025 earnings released: EPS: JP¥42.42 (vs JP¥37.43 in 2Q 2024)Second quarter 2025 results: EPS: JP¥42.42 (up from JP¥37.43 in 2Q 2024). Revenue: JP¥20.9b (up 4.9% from 2Q 2024). Net income: JP¥1.27b (up 13% from 2Q 2024). Profit margin: 6.1% (up from 5.6% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.Reported Earnings • Aug 13First quarter 2025 earnings released: EPS: JP¥40.69 (vs JP¥43.42 in 1Q 2024)First quarter 2025 results: EPS: JP¥40.69 (down from JP¥43.42 in 1Q 2024). Revenue: JP¥19.4b (up 1.7% from 1Q 2024). Net income: JP¥1.22b (down 6.1% from 1Q 2024). Profit margin: 6.3% (down from 6.8% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Reported Earnings • May 18Full year 2024 earnings released: EPS: JP¥152 (vs JP¥156 in FY 2023)Full year 2024 results: EPS: JP¥152 (down from JP¥156 in FY 2023). Revenue: JP¥77.7b (down 7.6% from FY 2023). Net income: JP¥4.54b (down 2.2% from FY 2023). Profit margin: 5.8% (up from 5.5% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.모든 업데이트 보기Recent updatesReported Earnings • Aug 08First quarter 2027 earnings released: EPS: JP¥54.05 (vs JP¥54.51 in 1Q 2026)First quarter 2027 results: EPS: JP¥54.05 (down from JP¥54.51 in 1Q 2026). Revenue: JP¥20.8b (up 2.0% from 1Q 2026). Net income: JP¥1.61b (down 1.4% from 1Q 2026). Profit margin: 7.7% (down from 8.0% in 1Q 2026). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.Declared Dividend • Jul 25Final dividend of JP¥50.00 announcedShareholders will receive a dividend of JP¥50.00. Ex-date: 29th September 2026 Payment date: 2nd December 2026 Dividend yield will be 3.9%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (40% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 6.5% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Board Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Outside Director Tadashi Ogura was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • May 01Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Outside Director Tadashi Ogura was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Mar 23Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.6%).Board Change • Feb 25Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Outside Director Tadashi Ogura was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Feb 10Third quarter 2026 earnings released: EPS: JP¥65.70 (vs JP¥57.08 in 3Q 2025)Third quarter 2026 results: EPS: JP¥65.70 (up from JP¥57.08 in 3Q 2025). Revenue: JP¥21.3b (up 5.6% from 3Q 2025). Net income: JP¥1.97b (up 15% from 3Q 2025). Profit margin: 9.3% (up from 8.5% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.공고 • Feb 09Meiko Trans Co., Ltd. (NSE:9357) announces an Equity Buyback for 214,700 shares, representing 0.72% for ¥459.24 million.Meiko Trans Co., Ltd. (NSE:9357) announces a share repurchase program. Under the program, the company will repurchase 214,700 shares, representing 0.72% of the outstanding shares for ¥459.24million. The shares will be repurchased at ¥2,139 per share. The purpose of the program is improve capital efficiency and enhance shareholder returns, and to be flexible in response to changes in the business environment. As of December 31, 2025, the company had 30,001,042 issued shares (excluding treasury stock) and 3,005,162 shares in treasury.Declared Dividend • Feb 05First half dividend of JP¥35.00 announcedShareholders will receive a dividend of JP¥35.00. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 3.3%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 12% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Declared Dividend • Dec 25First half dividend of JP¥35.00 announcedShareholders will receive a dividend of JP¥35.00. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 3.5%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 12% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Buy Or Sell Opportunity • Apr 04Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.2% to JP¥1,427. The fair value is estimated to be JP¥1,798, however this is not to be taken as a buy recommendation but rather should be used as a guide only.Upcoming Dividend • Mar 21Upcoming dividend of JP¥23.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (2.8%).Declared Dividend • Mar 06Dividend of JP¥23.00 announcedShareholders will receive a dividend of JP¥23.00. Ex-date: 28th March 2025 Payment date: 27th June 2025 Dividend yield will be 2.9%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (26% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 8.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 5.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Declared Dividend • Dec 04First half dividend of JP¥23.00 announcedShareholders will receive a dividend of JP¥23.00. Ex-date: 28th March 2025 Payment date: 27th June 2025 Dividend yield will be 2.9%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (13% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 2.9% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Nov 16Second quarter 2025 earnings released: EPS: JP¥42.42 (vs JP¥37.43 in 2Q 2024)Second quarter 2025 results: EPS: JP¥42.42 (up from JP¥37.43 in 2Q 2024). Revenue: JP¥20.9b (up 4.9% from 2Q 2024). Net income: JP¥1.27b (up 13% from 2Q 2024). Profit margin: 6.1% (up from 5.6% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.Upcoming Dividend • Sep 20Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (2.7%).Reported Earnings • Aug 13First quarter 2025 earnings released: EPS: JP¥40.69 (vs JP¥43.42 in 1Q 2024)First quarter 2025 results: EPS: JP¥40.69 (down from JP¥43.42 in 1Q 2024). Revenue: JP¥19.4b (up 1.7% from 1Q 2024). Net income: JP¥1.22b (down 6.1% from 1Q 2024). Profit margin: 6.3% (down from 6.8% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥1,200, the stock trades at a trailing P/E ratio of 7.9x. Average trailing P/E is 11x in the Infrastructure industry in Japan. Total returns to shareholders of 12% over the past three years.Declared Dividend • Jul 11Final dividend of JP¥20.00 announcedShareholders will receive a dividend of JP¥20.00. Ex-date: 27th September 2024 Payment date: 4th December 2024 Dividend yield will be 2.7%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (22% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.Reported Earnings • May 18Full year 2024 earnings released: EPS: JP¥152 (vs JP¥156 in FY 2023)Full year 2024 results: EPS: JP¥152 (down from JP¥156 in FY 2023). Revenue: JP¥77.7b (down 7.6% from FY 2023). Net income: JP¥4.54b (down 2.2% from FY 2023). Profit margin: 5.8% (up from 5.5% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Board Change • May 15Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Outside Director Atsushi Karube was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.매출 및 비용 세부 내역Meiko Trans가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이NSE:9357 매출, 비용 및 순이익 (JPY Millions)날짜매출순이익일반관리비연구개발비30 Jun 2683,2775,88811,411031 Mar 2682,8615,91111,201031 Dec 2582,9766,05611,215030 Sep 2581,8555,79611,045030 Jun 2582,5015,79510,953031 Mar 2581,4855,38010,897031 Dec 2478,9134,88910,519030 Sep 2478,9844,61210,483030 Jun 2478,0184,46210,284031 Mar 2477,6984,54110,103031 Dec 2377,7394,70010,038030 Sep 2379,3394,7609,780030 Jun 2381,9524,7329,566031 Mar 2384,1014,6419,368031 Dec 2286,9274,7039,335030 Sep 2285,6974,4829,230030 Jun 2283,0024,3109,458031 Mar 2281,2734,6249,417031 Dec 2178,7974,5489,472030 Sep 2175,8935,4619,367030 Jun 2171,3815,0828,932031 Mar 2167,0544,3188,738031 Dec 2065,3784,3638,574030 Sep 2065,3013,3318,654030 Jun 2067,8513,6088,845031 Mar 2070,9033,8889,096031 Dec 1971,1763,8039,210030 Sep 1972,8803,9899,300030 Jun 1972,7724,1589,199031 Mar 1972,4644,3729,158031 Dec 1871,6474,5339,083030 Sep 1869,1174,1399,014030 Jun 1867,1433,8678,993031 Mar 1864,6263,6458,974031 Dec 1763,9873,4538,895030 Sep 1762,6693,2948,819030 Jun 1761,3633,4068,724031 Mar 1760,2793,2088,634031 Dec 1658,9912,8888,596030 Sep 1658,8612,8848,549030 Jun 1659,8422,8738,524031 Mar 1660,6082,7078,563031 Dec 1562,0892,6608,519030 Sep 1562,5452,5938,6030양질의 수익: 9357는 고품질 수익을 보유하고 있습니다.이익 마진 증가: 9357의 현재 순 이익률 (7.1%)은 지난해 (7%)보다 높습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 9357의 수익은 지난 5년 동안 연평균 4.7% 증가했습니다.성장 가속화: 지난 1년간 9357 의 수익 증가율(1.6%)은 5년 평균(연간 4.7%)보다 낮습니다.수익 대 산업: 9357의 지난 1년 수익 증가율(1.6%)은 Infrastructure 업계 평균(14.7%)을 능가하지 못했습니다.자기자본이익률높은 ROE: 9357의 자본 수익률(4.2%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YTransportation 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/08/10 18:18종가2026/08/10 00:00수익2026/06/30연간 수익2026/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Meiko Trans Co., Ltd.는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Reported Earnings • Aug 08First quarter 2027 earnings released: EPS: JP¥54.05 (vs JP¥54.51 in 1Q 2026)First quarter 2027 results: EPS: JP¥54.05 (down from JP¥54.51 in 1Q 2026). Revenue: JP¥20.8b (up 2.0% from 1Q 2026). Net income: JP¥1.61b (down 1.4% from 1Q 2026). Profit margin: 7.7% (down from 8.0% in 1Q 2026). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Feb 10Third quarter 2026 earnings released: EPS: JP¥65.70 (vs JP¥57.08 in 3Q 2025)Third quarter 2026 results: EPS: JP¥65.70 (up from JP¥57.08 in 3Q 2025). Revenue: JP¥21.3b (up 5.6% from 3Q 2025). Net income: JP¥1.97b (up 15% from 3Q 2025). Profit margin: 9.3% (up from 8.5% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Nov 16Second quarter 2025 earnings released: EPS: JP¥42.42 (vs JP¥37.43 in 2Q 2024)Second quarter 2025 results: EPS: JP¥42.42 (up from JP¥37.43 in 2Q 2024). Revenue: JP¥20.9b (up 4.9% from 2Q 2024). Net income: JP¥1.27b (up 13% from 2Q 2024). Profit margin: 6.1% (up from 5.6% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 13First quarter 2025 earnings released: EPS: JP¥40.69 (vs JP¥43.42 in 1Q 2024)First quarter 2025 results: EPS: JP¥40.69 (down from JP¥43.42 in 1Q 2024). Revenue: JP¥19.4b (up 1.7% from 1Q 2024). Net income: JP¥1.22b (down 6.1% from 1Q 2024). Profit margin: 6.3% (down from 6.8% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Reported Earnings • May 18Full year 2024 earnings released: EPS: JP¥152 (vs JP¥156 in FY 2023)Full year 2024 results: EPS: JP¥152 (down from JP¥156 in FY 2023). Revenue: JP¥77.7b (down 7.6% from FY 2023). Net income: JP¥4.54b (down 2.2% from FY 2023). Profit margin: 5.8% (up from 5.5% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 08First quarter 2027 earnings released: EPS: JP¥54.05 (vs JP¥54.51 in 1Q 2026)First quarter 2027 results: EPS: JP¥54.05 (down from JP¥54.51 in 1Q 2026). Revenue: JP¥20.8b (up 2.0% from 1Q 2026). Net income: JP¥1.61b (down 1.4% from 1Q 2026). Profit margin: 7.7% (down from 8.0% in 1Q 2026). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.
Declared Dividend • Jul 25Final dividend of JP¥50.00 announcedShareholders will receive a dividend of JP¥50.00. Ex-date: 29th September 2026 Payment date: 2nd December 2026 Dividend yield will be 3.9%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (40% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 6.5% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Board Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Outside Director Tadashi Ogura was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • May 01Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Outside Director Tadashi Ogura was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.6%).
Board Change • Feb 25Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Outside Director Tadashi Ogura was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Feb 10Third quarter 2026 earnings released: EPS: JP¥65.70 (vs JP¥57.08 in 3Q 2025)Third quarter 2026 results: EPS: JP¥65.70 (up from JP¥57.08 in 3Q 2025). Revenue: JP¥21.3b (up 5.6% from 3Q 2025). Net income: JP¥1.97b (up 15% from 3Q 2025). Profit margin: 9.3% (up from 8.5% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.
공고 • Feb 09Meiko Trans Co., Ltd. (NSE:9357) announces an Equity Buyback for 214,700 shares, representing 0.72% for ¥459.24 million.Meiko Trans Co., Ltd. (NSE:9357) announces a share repurchase program. Under the program, the company will repurchase 214,700 shares, representing 0.72% of the outstanding shares for ¥459.24million. The shares will be repurchased at ¥2,139 per share. The purpose of the program is improve capital efficiency and enhance shareholder returns, and to be flexible in response to changes in the business environment. As of December 31, 2025, the company had 30,001,042 issued shares (excluding treasury stock) and 3,005,162 shares in treasury.
Declared Dividend • Feb 05First half dividend of JP¥35.00 announcedShareholders will receive a dividend of JP¥35.00. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 3.3%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 12% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Declared Dividend • Dec 25First half dividend of JP¥35.00 announcedShareholders will receive a dividend of JP¥35.00. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 3.5%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 12% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Buy Or Sell Opportunity • Apr 04Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.2% to JP¥1,427. The fair value is estimated to be JP¥1,798, however this is not to be taken as a buy recommendation but rather should be used as a guide only.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥23.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (2.8%).
Declared Dividend • Mar 06Dividend of JP¥23.00 announcedShareholders will receive a dividend of JP¥23.00. Ex-date: 28th March 2025 Payment date: 27th June 2025 Dividend yield will be 2.9%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (26% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 8.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 5.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Declared Dividend • Dec 04First half dividend of JP¥23.00 announcedShareholders will receive a dividend of JP¥23.00. Ex-date: 28th March 2025 Payment date: 27th June 2025 Dividend yield will be 2.9%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (13% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 2.9% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Nov 16Second quarter 2025 earnings released: EPS: JP¥42.42 (vs JP¥37.43 in 2Q 2024)Second quarter 2025 results: EPS: JP¥42.42 (up from JP¥37.43 in 2Q 2024). Revenue: JP¥20.9b (up 4.9% from 2Q 2024). Net income: JP¥1.27b (up 13% from 2Q 2024). Profit margin: 6.1% (up from 5.6% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
Upcoming Dividend • Sep 20Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (2.7%).
Reported Earnings • Aug 13First quarter 2025 earnings released: EPS: JP¥40.69 (vs JP¥43.42 in 1Q 2024)First quarter 2025 results: EPS: JP¥40.69 (down from JP¥43.42 in 1Q 2024). Revenue: JP¥19.4b (up 1.7% from 1Q 2024). Net income: JP¥1.22b (down 6.1% from 1Q 2024). Profit margin: 6.3% (down from 6.8% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥1,200, the stock trades at a trailing P/E ratio of 7.9x. Average trailing P/E is 11x in the Infrastructure industry in Japan. Total returns to shareholders of 12% over the past three years.
Declared Dividend • Jul 11Final dividend of JP¥20.00 announcedShareholders will receive a dividend of JP¥20.00. Ex-date: 27th September 2024 Payment date: 4th December 2024 Dividend yield will be 2.7%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (22% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.
Reported Earnings • May 18Full year 2024 earnings released: EPS: JP¥152 (vs JP¥156 in FY 2023)Full year 2024 results: EPS: JP¥152 (down from JP¥156 in FY 2023). Revenue: JP¥77.7b (down 7.6% from FY 2023). Net income: JP¥4.54b (down 2.2% from FY 2023). Profit margin: 5.8% (up from 5.5% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Board Change • May 15Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Outside Director Atsushi Karube was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.