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

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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.