JP-listed companies
MEIJI ELECTRIC INDUSTRIES CO., LTD.

MEIJI ELECTRIC INDUSTRIES CO., LTD.JP:3388

Market cap

¥21.1B

P/E ratio

7.9x

Income statement Balance sheet Cash flow

	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
Net sales	43,832	46,433	55,409	58,698	60,260	67,850	82,978	80,408	63,910	67,749	70,947
Cost of sales	37,889	40,107	47,710	50,404	52,141	58,430	71,289	69,207	55,316	58,744	60,693
Gross profit (loss)	5,943	6,326	7,698	8,293	8,120	9,420	11,689	11,201	8,595	9,005	10,254
Selling, general and administrative expenses	4,865	5,178	5,701	6,019	6,114	6,604	7,278	7,286	6,701	6,996	7,530
Operating profit (loss)	1,079	1,149	1,998	2,275	2,006	2,816	4,411	3,916	1,893	2,009	2,724
Interest income	5	4	5	3	2	3	5	6	4	3	5
Dividend income	22	63	41	37	43	43	54	60	55	64	83
Purchase discounts	128	125	148	153	151	166	185	173	126	125	158
Foreign exchange gains	85	70	176	-	48	-	32	-	88	106	54
Other	25	45	31	30	17	37	37	29	55	39	29
Subsidy income	-	-	-	-	-	-	-	-	23	116	10
Non-operating income	265	307	400	223	261	248	312	267	327	453	339
Other	25	45	31	30	17	37	37	29	55	39	29
Non-operating income	265	307	400	223	261	248	312	267	327	453	339
Interest expenses	4	3	6	4	4	5	22	14	9	7	11
Share issuance costs	-	-	-	-	-	-	-	-	-	10	-
Other	5	8	6	2	1	4	3	2	8	5	2
Other	5	8	6	2	1	4	3	2	8	5	2
Non-operating expenses	46	83	87	79	51	53	87	92	58	22	13
Non-operating expenses	46	83	87	79	51	53	87	92	58	22	13
Ordinary profit (loss)	1,297	1,373	2,311	2,419	2,216	3,010	4,637	4,091	2,163	2,439	3,051
Gain on sale of non-current assets	3	7	1	4	3	6	4	2	4	1	118
Gain on sale of investment securities	-	6	50	-	38	8	0	122	16	82	-
Other	-	-	5	-	2	-	0	-	-	1	3
Extraordinary income	3	13	56	4	58	14	4	125	53	84	121
Loss on retirement of non-current assets	0	1	1	2	0	0	28	0	0	0	46
Extraordinary losses	26	108	1	2	0	0	105	189	1	0	46
Profit (loss) before income taxes	1,274	1,278	2,365	2,420	2,274	3,024	4,536	4,026	2,215	2,523	3,125
Income taxes - current	512	484	834	810	708	980	1,417	1,261	609	763	928
Income taxes - deferred	-35	-13	33	59	48	-103	-47	-24	85	-39	-7
Income taxes	476	471	867	869	755	876	1,370	1,237	694	724	921
Profit (loss)	-	-	1,498	1,551	1,519	2,148	3,166	2,789	1,520	1,799	2,205
Profit (loss) attributable to non-controlling interests	-	-	-	-	-	-	13	30	5	18	13
Profit (loss) attributable to owners of parent	-	-	1,498	1,551	1,519	2,148	3,153	2,759	1,515	1,781	2,192