Meiji Shipping Group Co., Ltd.

TSE:9115 Stock Report

Market Cap: JP¥22.4b

Meiji Shipping Group Past Earnings Performance

Past criteria checks 1/6

Meiji Shipping Group has been growing earnings at an average annual rate of 29%, while the Shipping industry saw earnings growing at 25% annually. Revenues have been growing at an average rate of 11.4% per year. Meiji Shipping Group's return on equity is 11.1%, and it has net margins of 6.2%.

Key information

29.0%

Earnings growth rate

28.4%

EPS growth rate

Shipping Industry Growth28.4%
Revenue growth rate11.4%
Return on equity11.1%
Net Margin6.2%
Next Earnings Update31 Jan 2025

Recent past performance updates

Meiji Shipping Group's (TSE:9115) Problems Go Beyond Weak Profit

Nov 26
Meiji Shipping Group's (TSE:9115) Problems Go Beyond Weak Profit

We Think That There Are More Issues For Meiji Shipping Group (TSE:9115) Than Just Sluggish Earnings

May 22
We Think That There Are More Issues For Meiji Shipping Group (TSE:9115) Than Just Sluggish Earnings

Recent updates

Meiji Shipping Group's (TSE:9115) Problems Go Beyond Weak Profit

Nov 26
Meiji Shipping Group's (TSE:9115) Problems Go Beyond Weak Profit

Positive Sentiment Still Eludes Meiji Shipping Group Co., Ltd. (TSE:9115) Following 26% Share Price Slump

Aug 05
Positive Sentiment Still Eludes Meiji Shipping Group Co., Ltd. (TSE:9115) Following 26% Share Price Slump

We Think That There Are More Issues For Meiji Shipping Group (TSE:9115) Than Just Sluggish Earnings

May 22
We Think That There Are More Issues For Meiji Shipping Group (TSE:9115) Than Just Sluggish Earnings

Revenue & Expenses Breakdown

How Meiji Shipping Group makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSE:9115 Revenue, expenses and earnings (JPY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2465,6044,0765,1340
30 Jun 2465,4854,7385,0100
31 Mar 2465,0185,1894,9710
31 Dec 2365,3294,1314,8340
30 Sep 2364,0344,3024,6510
30 Jun 2361,5476,8314,5610
31 Mar 2358,0616,4394,3970
31 Dec 2256,4967,4074,4230
30 Sep 2251,8266,6834,3100
30 Jun 2247,9453,7844,1650
31 Mar 2245,8153,2774,0710
31 Dec 2142,8941,4423,9340
30 Sep 2141,2151,4693,9870
30 Jun 2139,8261,6623,9760
31 Mar 2140,1531,2464,0740
31 Dec 2040,8241,3034,1120
30 Sep 2042,0581,4474,1490
30 Jun 2043,4661,3104,2230
31 Mar 2043,8811,7194,2220
31 Dec 1943,7461,8814,2270
30 Sep 1943,6071,7674,2130
30 Jun 1943,1312,0384,2070
31 Mar 1942,6042,0494,1530
31 Dec 1842,3772,0004,0930
30 Sep 1842,3072,1203,9840
30 Jun 1842,2452,1023,8620
31 Mar 1841,7681,8103,7800
31 Dec 1741,5221,5383,7160
30 Sep 1739,5511,4493,6980
30 Jun 1738,0971,1693,7050
31 Mar 1737,4041,1593,6590
31 Dec 1635,939773,6200
30 Sep 1636,146-1,0843,5810
30 Jun 1636,003-5873,4810
31 Mar 1635,4691,0633,4660
31 Dec 1535,2972,5663,4690
30 Sep 1534,7604,8483,4700
30 Jun 1533,2934,1893,3780
31 Mar 1531,9402,4463,2170
31 Dec 1430,6901,2372,9300
30 Sep 1428,936-1162,6870
30 Jun 1429,1173012,6510
31 Mar 1428,1511,4142,5430
31 Dec 1326,8042,6002,4680

Quality Earnings: 9115 has a large one-off gain of ¥6.0B impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: 9115's current net profit margins (6.2%) are lower than last year (6.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 9115's earnings have grown significantly by 29% per year over the past 5 years.

Accelerating Growth: 9115's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 9115 had negative earnings growth (-5.3%) over the past year, making it difficult to compare to the Shipping industry average (1%).


Return on Equity

High ROE: 9115's Return on Equity (11.1%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 20:07
End of Day Share Price 2024/12/20 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

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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 Shipping Group 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
null nullCompany Forecast