company background image
3388 logo

Meiji Electric IndustriesLtd TSE:3388 Stock Report

Last Price

JP¥1.39k

Market Cap

JP¥17.7b

7D

2.3%

1Y

0.8%

Updated

24 Dec, 2024

Data

Company Financials

Meiji Electric Industries Co.,Ltd.

TSE:3388 Stock Report

Market Cap: JP¥17.7b

3388 Stock Overview

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

3388 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends5/6

My Notes

Capture your thoughts, links and company narrative

Meiji Electric Industries Co.,Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Meiji Electric IndustriesLtd
Historical stock prices
Current Share PriceJP¥1,390.00
52 Week HighJP¥1,995.00
52 Week LowJP¥1,231.00
Beta0.31
1 Month Change-2.04%
3 Month Change-6.77%
1 Year Change0.80%
3 Year Change13.84%
5 Year Change-15.71%
Change since IPO-14.72%

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
7D2.3%-0.5%-0.3%
1Y0.8%17.5%14.7%

Return vs Industry: 3388 underperformed the JP Trade Distributors industry which returned 17.5% over the past year.

Return vs Market: 3388 underperformed the JP Market which returned 14.7% over the past year.

Price Volatility

Is 3388's price volatile compared to industry and market?
3388 volatility
3388 Average Weekly Movement3.0%
Trade Distributors Industry Average Movement3.1%
Market Average Movement3.6%
10% most volatile stocks in JP Market7.3%
10% least volatile stocks in JP Market1.9%

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 (3%) 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¥17.70b
Earnings (TTM)JP¥2.10b
Revenue (TTM)JP¥74.78b

8.4x

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

Jan 31, 2025

Earnings per share (EPS)164.81
Gross Margin14.71%
Net Profit Margin2.81%
Debt/Equity Ratio0%

How did 3388 perform over the long term?

See historical performance and comparison

Dividends

4.3%

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 DateMar 28 2025
Dividend Pay DateJun 05 2025
Days until Ex dividend93 days
Days until Dividend pay date162 days

Does 3388 pay a reliable dividends?

See 3388 dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 19:05
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Meiji Electric Industries Co.,Ltd. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Hitoshi SakamotoMizuho Securities Co., Ltd.