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Meiji Electric IndustriesLtd TSE:3388 Stock Report

Last Price

JP¥1.42k

Market Cap

JP¥18.1b

7D

4.9%

1Y

2.2%

Updated

12 Nov, 2024

Data

Company Financials

Meiji Electric Industries Co.,Ltd.

TSE:3388 Stock Report

Market Cap: JP¥18.1b

3388 Stock Overview

Imports, exports, and sells electrical devices, measuring instruments, electrical equipment, and automation and energy-saving function components and equipment.

3388 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends5/6

Meiji Electric Industries Co.,Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Meiji Electric IndustriesLtd
Historical stock prices
Current Share PriceJP¥1,421.00
52 Week HighJP¥1,995.00
52 Week LowJP¥1,231.00
Beta0.31
11 Month Change-2.27%
3 Month Change1.65%
1 Year Change2.23%
33 Year Change7.81%
5 Year Change-7.37%
Change since IPO-12.82%

Recent News & Updates

Meiji Electric IndustriesLtd (TSE:3388) Is Due To Pay A Dividend Of ¥30.00

Sep 21
Meiji Electric IndustriesLtd (TSE:3388) Is Due To Pay A Dividend Of ¥30.00

Meiji Electric IndustriesLtd (TSE:3388) Has Announced A Dividend Of ¥30.00

Aug 27
Meiji Electric IndustriesLtd (TSE:3388) Has Announced A Dividend Of ¥30.00

Recent updates

Meiji Electric IndustriesLtd (TSE:3388) Is Due To Pay A Dividend Of ¥30.00

Sep 21
Meiji Electric IndustriesLtd (TSE:3388) Is Due To Pay A Dividend Of ¥30.00

Meiji Electric IndustriesLtd (TSE:3388) Has Announced A Dividend Of ¥30.00

Aug 27
Meiji Electric IndustriesLtd (TSE:3388) Has Announced A Dividend Of ¥30.00

Benign Growth For Meiji Electric Industries Co.,Ltd. (TSE:3388) Underpins Stock's 34% Plummet

Aug 05
Benign Growth For Meiji Electric Industries Co.,Ltd. (TSE:3388) Underpins Stock's 34% Plummet

Returns On Capital At Meiji Electric IndustriesLtd (TSE:3388) Paint A Concerning Picture

Jun 21
Returns On Capital At Meiji Electric IndustriesLtd (TSE:3388) Paint A Concerning Picture

Solid Earnings Reflect Meiji Electric IndustriesLtd's (TSE:3388) Strength As A Business

May 22
Solid Earnings Reflect Meiji Electric IndustriesLtd's (TSE:3388) Strength As A Business

Meiji Electric IndustriesLtd's (TSE:3388) Shareholders Will Receive A Bigger Dividend Than Last Year

Mar 03
Meiji Electric IndustriesLtd's (TSE:3388) Shareholders Will Receive A Bigger Dividend Than Last Year

Shareholder Returns

3388JP Trade DistributorsJP Market
7D4.9%1.3%2.6%
1Y2.2%15.9%14.9%

Return vs Industry: 3388 underperformed the JP Trade Distributors industry which returned 16.3% over the past year.

Return vs Market: 3388 underperformed the JP Market which returned 15.2% over the past year.

Price Volatility

Is 3388's price volatile compared to industry and market?
3388 volatility
3388 Average Weekly Movement4.1%
Trade Distributors Industry Average Movement3.5%
Market Average Movement4.0%
10% most volatile stocks in JP Market7.8%
10% least volatile stocks in JP Market2.2%

Stable Share Price: 3388 has not had significant price volatility in the past 3 months compared to the JP market.

Volatility Over Time: 3388's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1920709Hiroki Sugiwakiwww.meijidenki.co.jp

Meiji Electric Industries Co.,Ltd. imports, exports, and sells electrical devices, measuring instruments, electrical equipment, and automation and energy-saving function components and equipment. It also designs, develops, and manufactures electronic products, inspection, mechatronic, FA, and information and distribution systems.

Meiji Electric Industries Co.,Ltd. Fundamentals Summary

How do Meiji Electric IndustriesLtd's earnings and revenue compare to its market cap?
3388 fundamental statistics
Market capJP¥18.07b
Earnings (TTM)JP¥2.10b
Revenue (TTM)JP¥74.78b

8.6x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
3388 income statement (TTM)
RevenueJP¥74.78b
Cost of RevenueJP¥63.78b
Gross ProfitJP¥11.00b
Other ExpensesJP¥8.90b
EarningsJP¥2.10b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)165.04
Gross Margin14.71%
Net Profit Margin2.81%
Debt/Equity Ratio0%

How did 3388 perform over the long term?

See historical performance and comparison

Dividends

4.2%

Current Dividend Yield

23%

Payout Ratio

Does 3388 pay a reliable dividends?

See 3388 dividend history and benchmarks
When do you need to buy 3388 by to receive an upcoming dividend?
Meiji Electric IndustriesLtd dividend dates
Ex Dividend DateSep 27 2024
Dividend Pay DateDec 02 2024
Days until Ex dividend47 days
Days until Dividend pay date19 days

Does 3388 pay a reliable dividends?

See 3388 dividend history and benchmarks