Order intake for the interim period was 36,926 hundred million yen, up 11.4% year-over-year; revenue was 28,123 hundred million yen, down 0.6% year-over-year. Operating income was 2,652 hundred million yen (-5.2%), ordinary income was 2,945 hundred million yen (-5.7%), and net income attributable to owners of parent for the interim period was 1,876 hundred million yen (-1.2%). Full-year guidance is maintained. Revenue recognition is expected to be concentrated in the second half due to progress on large projects. Number of treasury shares at period-end was 9,208,304 shares (same as prior year), and average number of shares outstanding was 45,904,651 shares.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"1976","jir_company_name":"MEISEI INDUSTRIAL Co.,Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-10-30","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/1976-20261030-01.pdf","jir_short_summary":"Order intake for the interim period was 36,926 hundred million yen, up 11.4% year-over-year; revenue was 28,123 hundred million yen, down 0.6% year-over-year. Operating income was 2,652 hundred million yen (-5.2%), ordinary income was 2,945 hundred million yen (-5.7%), and net income attributable to owners of parent for the interim period was 1,876 hundred million yen (-1.2%). Full-year guidance is maintained. Revenue recognition is expected to be concentrated in the second half due to progress on large projects. Number of treasury shares at period-end was 9,208,304 shares (same as prior year), and average number of shares outstanding was 45,904,651 shares.","jir_summary":"### Performance Overview\nFor the 2nd quarter (interim) of the fiscal year ending March 2027, MEISEI INDUSTRIAL Co.,Ltd. recorded order intake of 36,926 hundred million yen, exceeding the prior year due to large domestic boiler contracts and overseas construction projects. Revenue was 28,123 hundred million yen, a 0.6% decrease from the prior period. Declines in gross margin led to lower profits, with operating income of 2,652 hundred million yen, ordinary income of 2,945 hundred million yen, and interim net income attributable to owners of parent of 1,876 hundred million yen. By segment, Construction Works reported revenue of 26,302 hundred million yen and the Boiler segment reported 2,810 hundred million yen, totaling 28,123 hundred million yen, and segment profit totaled 2,652 hundred million yen.\n\n### Interim Financial Position and Outlook\nTotal assets stood at 84,865 hundred million yen and net assets at 70,016 hundred million yen, maintaining a high equity ratio of 81.9%. Cash and cash equivalents at the interim period-end were 37,182 hundred million yen, indicating stable liquidity. The company maintains its full-year forecast, and revenue recognition is expected to be concentrated in the second half as large projects progress.","jir_financial_highlights":"Revenue: 28,123 hundred million yen (Year-over-Year -0.6%)\nOperating Income: 2,652 hundred million yen (Year-over-Year -5.2%)\nOrdinary Income: 2,945 hundred million yen (Year-over-Year -5.7%)\nNet Income Attributable to Owners of Parent: 1,876 hundred million yen (Year-over-Year -1.2%)\nEarnings per Share (EPS): 40.88 yen (Year-over-Year Unknown)\nEquity Ratio: 81.9% (Year-over-Year +1.3P)\nAnnual Dividend (Year-end): 40.00 yen (Increase from prior year)","jir_category":"","jir_hashtags":"#MEISEI_INDUSTRIAL, #Earnings, #InterimResults","jir_key_figures":"Revenue: 28,123 hundred million yen (Year-over-Year -0.6%)\nOperating Income: 2,652 hundred million yen (Year-over-Year -5.2%)\nNet Income Attributable to Owners of Parent: 1,876 hundred million yen (Year-over-Year -1.2%)","jir_meta_title":"MEISEI INDUSTRIAL Co.,Ltd. Q2 FY2027 Interim Results\uff5cRevenue 28,123 hundred million yen, Operating Income 2,652 hundred million yen","jir_meta_description":"Summary of MEISEI INDUSTRIAL Co.,Ltd.'s Q2 FY2027 interim results: order intake 36,926 hundred million yen, revenue 28,123 hundred million yen, operating income 2,652 hundred million yen. Full-year outlook unchanged. Includes segment trends for Construction Works and Boilers.","jir_og_title":"MEISEI INDUSTRIAL Co.,Ltd. Q2 FY2027 Interim Results\uff5cKey Financials Released","jir_og_description":"MEISEI INDUSTRIAL Co.,Ltd. reported interim order intake of 36,926 hundred million yen, revenue of 28,123 hundred million yen, and operating income of 2,652 hundred million yen. Full-year forecast remains unchanged; large project progress is expected to contribute to second-half revenue.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[{\"jir_chart_id\": \"revenue_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Revenue Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"2026\/04\\\",\\\"2026\/07\\\",\\\"2026\/10\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Revenue\\\",\\\"data\\\":[28123,28123,28123]}]},\\\"options\\\":{}}\"}, {\"jir_chart_id\": \"operating_profit_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Operating Income Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"2026\/04\\\",\\\"2026\/07\\\",\\\"2026\/10\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Operating Income\\\",\\\"data\\\":[2799,2652,2652]}]},\\\"options\\\":{}}\"}, {\"jir_chart_id\": \"net_income_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Net Income Attributable to Owners of Parent Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"2026\/04\\\",\\\"2026\/07\\\",\\\"2026\/10\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Interim Net Income\\\",\\\"data\\\":[1900,1876,1876]}]},\\\"options\\\":{}}\"}, {\"jir_chart_id\": \"segment_profit\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Segment Profit\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Construction Works\\\",\\\"Boiler Segment\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Segment Profit\\\",\\\"data\\\":[2652,53]}]},\\\"options\\\":{}}\"}, {\"jir_chart_id\": \"order_backlog\", \"jir_chart_type\": \"table\", \"jir_chart_title\": \"Order Intake and Revenue Breakdown\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"table\\\",\\\"data\\\":[[\\\"Construction Works\\\",\\\"Order Intake: 25183, Revenue: 25083\\\"],[\\\"Boiler Segment\\\",\\\"Order Intake: 346?\\\", \\\"Revenue: 3180\\\"]]}\"}]","ir_related_company":9682,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-138814","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n