2023年3月期 Consolidated Financial Results - Meito Sangyo Co., Ltd.

This document presents the consolidated financial results of Meito Sangyo Co., Ltd. for the fiscal year ended March 31, 2023. The net sales reached 22.727 billion yen, reflecting a 7.5% increase compared to the previous year, while operating profit decreased significantly to 95 million yen, down 72.8%. Profit attributable to owners of the parent was 700 million yen, a decline of 61.4%. The total assets amounted to 70.276 billion yen, with net assets at 44.637 billion yen, resulting in a capital adequacy ratio of 63.5%. The forecast for the fiscal year ending March 31, 2024, anticipates net sales of 23.3 billion yen and operating profit of 100 million yen.