JP-listed companies
Meiji Holdings Co., Ltd.

Meiji Holdings Co., Ltd.JP:2269

Market cap

¥1.07T

P/E ratio

32.5x

Income statement Balance sheet Cash flow

	Mar 31, 2012	Mar 31, 2013	Mar 31, 2014	Mar 31, 2015	Mar 31, 2016	Mar 31, 2017	Mar 31, 2018	Mar 31, 2019	Mar 31, 2020	Mar 31, 2021	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024
Cash and deposits	-	16,902	19,577	22,489	31,883	24,761	27,613	25,356	37,446	40,328	67,409	63,519	106,858
Notes and accounts receivable - trade	-	175,803	163,135	172,762	181,493	183,807	195,760	202,193	179,931	177,730	173,949	173,001	202,239
Income taxes refund receivable	-	-	-	-	-	-	-	-	-	-	-	4,650	452
Merchandise and finished goods	-	81,339	80,215	82,799	80,729	88,524	86,929	105,757	111,028	117,445	119,316	120,779	118,935
Short-term loans receivable from subsidiaries and associates	-	-	-	-	-	-	-	-	-	-	-	20,676	18,438
Other	-	15,485	13,510	16,737	16,973	25,835	23,364	28,149	27,454	28,353	29,307	34,917	54,775
Work in process	-	2,229	2,505	4,022	3,365	4,114	3,344	4,578	3,729	4,054	3,993	5,371	5,151
Raw materials and supplies	-	37,624	38,941	43,228	39,509	41,596	46,194	55,589	58,542	60,488	61,720	73,405	75,282
Current assets	-	341,211	329,071	352,018	362,919	377,707	392,674	421,447	416,885	426,053	455,611	470,919	563,029
Other	-	15,485	13,510	16,737	16,973	25,835	23,364	28,149	27,454	28,353	29,307	34,917	54,775
Allowance for doubtful accounts	-	-251	-288	-311	-423	-370	-202	-176	-1,247	-2,347	-85	-73	-214
Current assets	-	341,211	329,071	352,018	362,919	377,707	392,674	421,447	416,885	426,053	455,611	470,919	563,029
Buildings and structures	-	275,303	281,355	293,533	292,439	301,158	319,894	334,729	353,843	355,394	354,611	357,771	374,779
Accumulated depreciation	-	-153,717	-159,524	-162,492	-166,333	-172,253	-173,777	-169,035	-172,887	-177,630	-177,532	-175,987	-179,872
Buildings and structures, net	-	121,585	121,830	131,041	126,106	128,904	146,116	165,693	180,956	177,764	177,078	181,783	194,906
Buildings	-	-	-	-	-	-	-	-	-	-	-	3,440	3,395
Machinery, equipment and vehicles	-	436,863	454,747	481,470	495,891	501,254	504,589	533,595	539,437	550,069	568,092	579,612	587,583
Accumulated depreciation	-	-333,873	-347,934	-353,849	-367,186	-372,520	-372,142	-381,789	-384,661	-390,691	-400,557	-414,059	-424,537
Machinery, equipment and vehicles, net	-	102,990	106,813	127,620	128,705	128,734	132,447	151,806	154,775	159,378	167,534	165,552	163,046
Structures	-	-	-	-	-	-	-	-	-	-	-	10	140
Tools, furniture and fixtures	-	56,830	54,579	52,966	52,076	52,383	53,736	54,826	58,049	60,909	59,013	59,450	59,001
Accumulated depreciation	-	-47,582	-46,068	-44,401	-43,161	-42,204	-42,763	-42,237	-43,478	-46,435	-45,426	-46,731	-46,510
Tools, furniture and fixtures	-	9,248	8,510	8,565	8,915	10,178	10,972	12,589	14,570	14,473	13,587	12,718	12,490
Machinery and equipment	-	-	-	-	-	-	-	-	-	-	-	24	23
Land	-	68,655	68,247	71,036	72,837	72,603	71,454	70,765	69,363	67,639	72,594	69,486	77,040
Tools, furniture and fixtures	-	9,248	8,510	8,565	8,915	10,178	10,972	12,589	14,570	14,473	13,587	12,718	12,490
Leased assets	-	7,776	7,735	7,033	4,833	3,972	2,710	2,891	3,046	2,781	2,553	2,522	2,981
Accumulated depreciation	-	-3,630	-4,255	-4,500	-3,605	-3,140	-2,063	-2,243	-2,166	-2,067	-1,844	-1,932	-2,050
Leased assets, net	-	4,145	3,480	2,532	1,228	832	647	648	880	714	709	590	931
Land	-	68,655	68,247	71,036	72,837	72,603	71,454	70,765	69,363	67,639	72,594	69,486	77,040
Construction in progress	-	5,499	16,761	12,248	11,522	24,733	22,323	31,988	23,645	35,025	51,986	57,623	32,090
Other	-	-	-	-	-	-	-	-	-	-	-	19	1
Property, plant and equipment	-	312,124	325,644	353,044	349,314	365,986	383,962	433,491	444,191	454,994	483,491	487,755	480,507
Intangible assets	-	7,746	8,167	31,711	29,100	25,936	22,555	13,553	14,297	15,992	18,150	21,496	20,998
Trademark right	-	-	-	-	-	-	-	-	-	-	-	116	117
Other	-	7,585	8,126	8,387	14,539	13,096	11,964	13,480	14,240	15,950	18,123	21,485	45
Intangible assets	-	7,746	8,167	31,711	29,100	25,936	22,555	13,553	14,297	15,992	18,150	21,496	20,998
Investment securities	-	53,931	60,333	79,171	80,234	77,862	90,874	93,504	84,598	125,494	124,127	112,649	87,935
Shares of subsidiaries and associates	-	-	-	-	-	-	-	-	-	-	-	270,111	270,111
Retirement benefit asset	-	-	22,999	32,743	18,588	20,418	20,777	20,274	15,500	23,258	22,356	21,733	29,076
Long-term loans receivable from subsidiaries and associates	-	-	-	-	-	-	-	-	-	-	-	18,438	-
Deferred tax assets	-	-	-	-	-	-	-	14,409	16,341	13,135	7,166	14,412	16,069
Other	-	66,555	28,182	24,095	9,527	8,898	8,427	7,557	7,171	8,133	6,613	7,313	7,746
Investments and other assets	-	124,431	116,578	140,593	114,781	114,264	135,715	135,651	123,545	169,959	160,206	156,046	140,753
Allowance for doubtful accounts	-	-453	-287	-215	-183	-107	-93	-94	-66	-63	-58	-63	-74
Investments and other assets	-	124,431	116,578	140,593	114,781	114,264	135,715	135,651	123,545	169,959	160,206	156,046	140,753
Non-current assets	-	444,302	450,390	525,349	493,196	506,187	542,232	582,696	582,034	640,946	661,848	665,298	642,259
Assets	-	785,514	779,461	877,367	856,115	883,895	927,544	1,004,143	998,920	1,067,000	1,117,459	1,136,217	1,205,288
Current portion of bonds payable	-	15,000	-	-	20,000	30,000	-	-	-	-	10,000	10,000	-
Notes and accounts payable - trade	-	109,460	94,327	104,279	104,006	110,730	120,107	125,479	112,317	104,974	107,634	112,312	127,348
Current portion of long-term borrowings	-	-	-	-	-	-	-	-	-	-	-	1,676	19,538
Short-term borrowings	-	42,108	43,745	49,590	29,831	50,574	49,749	33,597	30,874	17,250	18,227	4,874	22,330
Accrued expenses	-	44,924	45,266	43,572	48,199	47,212	43,919	46,286	45,457	46,840	31,474	34,994	37,377
Current portion of bonds payable	-	15,000	-	-	20,000	30,000	-	-	-	-	10,000	10,000	-
Deposits received from subsidiaries and associates	-	-	-	-	-	-	-	-	-	-	-	66,902	69,143
Accrued expenses	-	44,924	45,266	43,572	48,199	47,212	43,919	46,286	45,457	46,840	31,474	34,994	37,377
Other	-	35,668	34,384	36,918	37,235	45,510	49,525	50,021	41,451	47,266	65,759	62,478	88,475
Income taxes payable	-	7,868	11,227	14,413	25,090	17,457	18,253	21,023	12,164	22,421	20,141	11,299	17,122
Current liabilities	-	309,764	261,466	298,575	276,696	314,191	294,430	291,504	256,520	253,011	286,811	266,258	322,345
Contract liabilities	-	-	-	-	-	-	-	-	-	-	5,907	870	353
Return Liability	-	-	-	-	-	-	-	-	-	-	-	18,052	17,876
Provision for bonuses	-	9,242	9,539	9,789	10,233	10,512	10,857	11,895	12,090	11,948	11,737	11,375	11,461
Other	-	35,668	34,384	36,918	37,235	45,510	49,525	50,021	41,451	47,266	65,759	62,478	88,475
Current liabilities	-	309,764	261,466	298,575	276,696	314,191	294,430	291,504	256,520	253,011	286,811	266,258	322,345
Bonds payable	-	85,000	100,000	65,000	30,000	-	20,000	20,000	20,000	30,000	20,000	10,000	10,000
Long-term borrowings	-	23,285	34,630	68,889	67,997	48,923	49,353	62,788	55,890	54,525	33,039	39,496	17,596
Deferred tax liabilities	-	-	-	-	-	-	-	10,650	8,399	10,343	5,381	5,497	4,754
Other	-	6,025	5,449	5,406	3,331	5,279	5,426	4,632	5,004	4,466	4,469	7,322	8,326
Retirement benefit liability	-	-	38,162	43,950	49,029	48,371	50,330	53,830	55,410	55,198	54,662	56,255	54,384
Non-current liabilities	-	155,139	189,872	198,489	160,266	112,513	137,936	152,008	144,826	154,630	117,626	118,647	95,149
Provision for retirement benefits for directors (and other officers)	-	280	220	215	161	150	148	106	121	96	73	76	87
Other	-	6,025	5,449	5,406	3,331	5,279	5,426	4,632	5,004	4,466	4,469	7,322	8,326
Non-current liabilities	-	155,139	189,872	198,489	160,266	112,513	137,936	152,008	144,826	154,630	117,626	118,647	95,149
Liabilities	-	464,904	451,339	497,065	436,963	426,704	432,367	443,512	401,347	407,642	404,438	384,905	417,494
Share capital	-	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000
Legal capital surplus	-	-	-	-	-	-	-	-	-	-	-	7,500	7,500
Other capital surplus	-	-	-	-	-	-	-	-	-	-	-	198,609	189,956
Capital surplus	-	98,851	98,852	98,853	98,502	99,762	99,841	100,061	100,245	100,693	80,503	80,609	72,410
Capital surplus	-	98,851	98,852	98,853	98,502	99,762	99,841	100,061	100,245	100,693	80,503	80,609	72,410
Retained earnings brought forward	-	-	-	-	-	-	-	-	-	-	-	36,118	42,481
Retained earnings	-	185,436	198,957	223,166	277,869	322,856	366,276	407,943	453,729	496,766	560,238	602,042	626,158
Retained earnings	-	185,436	198,957	223,166	277,869	322,856	366,276	407,943	453,729	496,766	560,238	602,042	626,158
Treasury shares	-	-9,299	-9,451	-9,577	-9,727	-16,607	-30,521	-30,422	-30,288	-30,177	-37,868	-47,502	-38,236
Shareholders' equity	-	304,989	318,358	342,442	396,645	436,011	465,595	507,582	553,687	597,282	632,873	665,149	690,332
Valuation difference on available-for-sale securities	-	12,557	15,610	26,965	26,417	25,120	33,188	33,261	26,968	33,962	36,347	31,598	21,722
Valuation and translation adjustments	-	8,394	2,089	27,898	12,229	12,890	21,714	19,728	9,066	24,145	40,462	46,767	56,200
Deferred gains or losses on hedges	-	-816	-57	85	8	-5	-53	3	53	37	73	11	78
Foreign currency translation adjustment	-	-3,346	1,922	7,558	3,137	1,181	268	-1,751	-3,279	-4,026	7,673	17,870	30,517
Remeasurements of defined benefit plans	-	-	-15,386	-6,711	-17,334	-13,406	-11,689	-11,785	-14,677	-5,828	-3,631	-2,713	3,880
Valuation and translation adjustments	-	8,394	2,089	27,898	12,229	12,890	21,714	19,728	9,066	24,145	40,462	46,767	56,200
Net assets	298,491	320,609	328,121	380,302	419,152	457,190	495,177	560,630	597,573	659,358	713,021	751,311	787,793
Non-controlling interests	-	-	-	9,961	10,278	8,289	7,866	33,320	34,819	37,930	39,684	39,394	41,261
Net assets	298,491	320,609	328,121	380,302	419,152	457,190	495,177	560,630	597,573	659,358	713,021	751,311	787,793
Liabilities and net assets	-	785,514	779,461	877,367	856,115	883,895	927,544	1,004,143	998,920	1,067,000	1,117,459	1,136,217	1,205,288