Meiwa Corporation logo

Meiwa Corporation

8103.T

JPXIndustrialsIndustrial - Distribution

Latest quote

¥965

+¥9.00 · +0.94%

Aug 24, 1:21 PM JST

8103.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Headquartered in Tokyo, Japan, and established in 1947, Meiwa Corporation conducts extensive international business across a wide array of sectors. The company's operations encompass diverse chemicals, lubricants, specialized battery materials, automotive-related products, mineral resources, and environmental solutions. Meiwa is a crucial supplier in the battery industry, providing fundamental components such as cathode and anode materials, electrolytic solutions, and separators, alongside intermediate products and finished goods. Its mineral resource division offers a diverse range, including rare earth elements, rare metals, various environmental and metallic products, activated carbon, quartz, and essential inorganic raw materials, as well as pharmaceutical intermediates. The company's plastics and flame retardants cater to numerous applications, from automotive and electronics to food packaging, residential construction, and consumer goods. Meiwa also contributes to environmental sustainability through materials used in water processing. Beyond these, Meiwa supplies pharmaceutical materials and a comprehensive range of petroleum products, including fuels, heavy fuel oils, lubricants, base oils, additives, solvents, and asphalt, with a particular focus on developing petroleum-related ventures in Southeast Asia. Its construction materials portfolio features waterproof and heat-insulating products, interior and exterior trim, flooring, wooden packaging, and various residential fittings. Furthermore, Meiwa handles general chemical raw materials like polymers, urethanes, and coating resins, alongside high-purity organic chemicals and fillers vital for optical and electronic devices. Inorganic chemical products, such as fibers, also form part of its extensive offerings. Finally, the corporation provides a variety of automotive components and raw materials, including synthetic resin items, trim parts, and cast products.

Industry
Industrial - Distribution
Sector
Industrials
Headquarters
JP
CEO
Minoru Kuboaki
Listed since
Jan 1, 2001
Employees
596

Market position

Day range

Current ¥965

52-week range

Current ¥965

Open
¥964
Previous close
¥956
Volume
74.1K
0.26× average
Average volume
286.67K
Average daily volume
Market cap
36.64B JPY
Beta
0.78
Market reference 1
50-day average
¥905.46
+6.58% above average
200-day average
¥883.33
+9.25% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
24.97B JPY
P/E (TTM)
11.31×
P/B (TTM)
0.93×
P/S (TTM)
0.21×
EV / EBITDA
5.55×
Earnings yield
10.64%
Free cash flow yield
13.32%
Dividend yield
4.35%

Profitability & efficiency

Gross margin
8.43%
Operating margin
2.36%
Net margin
1.96%
Return on equity
8.15%
Return on assets
3.99%
Return on invested capital
5.61%

Financial health

Debt / equity
0.06×
Current ratio
1.72×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends9%6%3%0%Gross margin, FY2021: 7.62%Gross margin, FY2022: 7.47%Gross margin, FY2023: 7.30%Gross margin, FY2024: 8.01%Gross margin, FY2025: 8.65%Operating margin, FY2021: 2.38%Operating margin, FY2022: 2.33%Operating margin, FY2023: 1.88%Operating margin, FY2024: 2.28%Operating margin, FY2025: 2.51%Net margin, FY2021: 1.68%Net margin, FY2022: 1.10%Net margin, FY2023: 1.74%Net margin, FY2024: 2.15%Net margin, FY2025: 2.05%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 7.62%. Gross margin FY2022 7.47%. Gross margin FY2023 7.30%. Gross margin FY2024 8.01%. Gross margin FY2025 8.65%. Operating margin FY2021 2.38%. Operating margin FY2022 2.33%. Operating margin FY2023 1.88%. Operating margin FY2024 2.28%. Operating margin FY2025 2.51%. Net margin FY2021 1.68%. Net margin FY2022 1.10%. Net margin FY2023 1.74%. Net margin FY2024 2.15%. Net margin FY2025 2.05%.

Income trends

Revenue

164.93B JPY+5.23%

Operating income

4.13B JPY+15.77%

Net income

3.37B JPY-0.09%
Income trends across reported periods181.25B JPY115.96B JPY50.68B JPY−14.6B JPYRevenue, FY2021: 143.03B JPYRevenue, FY2022: 156.66B JPYRevenue, FY2023: 158.28B JPYRevenue, FY2024: 156.73B JPYRevenue, FY2025: 164.93B JPYOperating income, FY2021: 3.4B JPYOperating income, FY2022: 3.66B JPYOperating income, FY2023: 2.97B JPYOperating income, FY2024: 3.57B JPYOperating income, FY2025: 4.13B JPYNet income, FY2021: 2.41B JPYNet income, FY2022: 1.72B JPYNet income, FY2023: 2.75B JPYNet income, FY2024: 3.38B JPYNet income, FY2025: 3.37B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 143.03B JPY. Revenue FY2022 156.66B JPY. Revenue FY2023 158.28B JPY. Revenue FY2024 156.73B JPY. Revenue FY2025 164.93B JPY. Operating income FY2021 3.4B JPY. Operating income FY2022 3.66B JPY. Operating income FY2023 2.97B JPY. Operating income FY2024 3.57B JPY. Operating income FY2025 4.13B JPY. Net income FY2021 2.41B JPY. Net income FY2022 1.72B JPY. Net income FY2023 2.75B JPY. Net income FY2024 3.38B JPY. Net income FY2025 3.37B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue164.93B JPY156.73B JPY158.28B JPY156.66B JPY143.03B JPY
Cost of goods sold150.66B JPY144.17B JPY146.72B JPY144.96B JPY132.13B JPY
Gross profit14.27B JPY12.55B JPY11.56B JPY11.7B JPY10.89B JPY
Selling, general, and administrative10.14B JPY8.98B JPY8.58B JPY8.05B JPY7.49B JPY
Operating expenses10.14B JPY8.98B JPY8.59B JPY8.05B JPY7.49B JPY
Interest expense90M JPY43M JPY73M JPY133M JPY69M JPY
Depreciation and amortization369M JPY257M JPY255M JPY255M JPY271M JPY
Operating income4.13B JPY3.57B JPY2.97B JPY3.66B JPY3.4B JPY
Net income3.37B JPY3.38B JPY2.75B JPY1.72B JPY2.41B JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
25.84

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates31.1824.7218.2711.81Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Oct 31, 2024: actual 13.95, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Jan 31, 2025: actual 27.83, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 30, 2025: actual 23.1, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Jul 31, 2025: actual 24.47, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Oct 31, 2025: actual 13.15, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Jan 30, 2026: actual 16.53, estimate —, surprise —, Comparison unavailable. Q2 2026, reported Apr 30, 2026: actual 29.84, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Jul 31, 2026: actual 25.84, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates49.25B44.32B39.4B34.48BQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Oct 31, 2024: actual 38.42B JPY, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Jan 31, 2025: actual 42.2B JPY, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 30, 2025: actual 36.37B JPY, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Jul 31, 2025: actual 38.83B JPY, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Oct 31, 2025: actual 37.89B JPY, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Jan 30, 2026: actual 45.14B JPY, estimate —, surprise —, Comparison unavailable. Q2 2026, reported Apr 30, 2026: actual 43.08B JPY, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Jul 31, 2026: actual 47.35B JPY, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

¥42.00

2025 complete year-32.3% since 2021

2026 partial: ¥42.00

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Mar 30, 2027

¥47.00

Annual

Record Mar 31, 2027 · Payment Mar 30, 2027

Dividend

Ex-dividend Mar 30, 2026

¥42.00

Annual

Record Mar 31, 2026 · Payment Jun 29, 2026

Dividend

Ex-dividend Mar 28, 2025

¥42.00

Annual

Record Mar 31, 2025 · Payment Jun 30, 2025

Dividend

Ex-dividend Mar 28, 2024

¥34.00

Annual

Record Mar 31, 2024 · Payment Jun 24, 2024

Dividend

Ex-dividend Mar 30, 2023

¥25.00

Annual

Record Mar 31, 2023 · Payment Jun 26, 2023

Dividend

Ex-dividend Mar 30, 2022

¥72.00

Semi-Annual

Record Mar 31, 2022 · Payment Jun 27, 2022

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