MERF Inc.
Stock Price Chart
2026/07/13 UpdatedPrice Trend
2026/07/13 UpdatedPrice & Trading Details
2026/07/13 UpdatedPRICE
TRADING
Shareholder Composition
Updated 2026/07/01Dividend History
Updated 2026/07/12| Year | Dividend | Change |
|---|---|---|
| 2026 | ¥20 | 0.0% |
| 2025 | ¥20 | 0.0% |
| 2024 | ¥20 | 0.0% |
| 2023 | ¥20 | 0.0% |
| 2022 | ¥20 | - |
Financial Performance
2026/07/12 UpdatedRevenue & Profit
Margins
Cash Flow
Financial Health
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Income Statement | ||||
| Revenue | ¥89,103M | ¥84,594M | ¥82,070M | ¥82,463M |
| Gross Profit | ¥2,573M | ¥2,090M | ¥3,121M | ¥2,333M |
| Operating Income | ¥862M | ¥533M | ¥1,450M | ¥117M |
| Pretax Income | ¥970M | ¥387M | ¥1,040M | -¥35M |
| Net Income | ¥547M | ¥170M | ¥533M | -¥203M |
| EPS | ¥38.49 | ¥12.03 | ¥37.72 | -¥14.37 |
| Operating Margin | 0.97% | 0.63% | 1.77% | 0.14% |
| Balance Sheet | ||||
| Total Assets | ¥25,725M | ¥25,068M | ¥26,612M | ¥25,705M |
| Total Equity | ¥9,219M | ¥9,097M | ¥9,483M | ¥9,218M |
| Total Liabilities | ¥16,507M | ¥15,971M | ¥17,129M | ¥16,487M |
| Cash | ¥1,275M | ¥1,263M | ¥1,239M | ¥1,639M |
| Interest-bearing Debt | ¥13,627M | ¥12,679M | ¥12,789M | ¥13,176M |
| Equity Ratio | 35.84% | 36.29% | 35.63% | 35.86% |
| D/E Ratio | 1.48 | 1.39 | 1.35 | 1.43 |
| Cash Flow | ||||
| Operating CF | -¥2,068M | ¥1,598M | ¥828M | ¥2,323M |
| Investing CF | -¥344M | ¥57M | -¥206M | -¥1,981M |
| Financing CF | ¥1,667M | -¥1,384M | -¥172M | -¥30M |
| Free CF | -¥2,296M | ¥1,248M | ¥540M | ¥1,555M |
| Efficiency | ||||
| ROE | 5.93% | 1.87% | 5.62% | -2.20% |
| ROA | 2.13% | 0.68% | 2.00% | -0.79% |
Latest IR Information
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【MERF】Full-Year Earnings Guidance Upward Revision｜Fiscal Year Ending August 2026
MERF revised upward its full-year consolidated earnings forecast for FY2026 to net sales of 105.98 billion yen (an 18.8% increase from the previous forecast), operating income of 4.561 billion yen (a 65.5% increase), and net income attributable to owners of...
Read more -
[MERF] Q3 2026 Financial Results | Sales of ¥7.35 billion (18.6% increase)
MERF achieved sales of ¥7.35 billion (YoY 18.6% increase) and net income of ¥2.28 billion in the third quarter of the fiscal year ending August 2026, realizing improved profit margins and cash flow enhancement.
Read more
Latest News (5 items)
Company Information
About
MERF Inc. engages in the collection, processing, manufacture, and sale of various metals in Japan, South Korea, China rest of Asia, Europe, and internationally. The company operates through two segments, Nonferrous Metals and Arts and Crafts. It recycles and sells industrial materials and metal scraps, as well as produces base metals that are used as raw materials to manufacture electrical wires and semiconductor base plates. The company also recycle, manufactures, and sells copper alloy ingots, which are used in ship propellers, faucets, valves, and various industrial machinery components; and casts and sells works of fine arts, Buddhist statues, ritual articles, and large metal structures. In addition, it is involved in the sale of non-ferrous metals and copper and copper alloy fabricated products, as well as manufacture and sale of aluminum alloys ingots. The company was formerly known as Kurotani Corporation and changed its name to MERF Inc. in January 2025. MERF Inc. was founded in 1870 and is headquartered in Imizu, Japan.
