Annual Report

Meisei Industrial Co., Ltd.

and Consolidated Subsidiaries

Year ended March 31, 2023

Meisei Industrial Co., Ltd. and Consolidated Subsidiaries

Annual Report

Year ended March 31, 2023

Contents

Financial Highlights

1

Consolidated Financial Statements

3

Consolidated Balance Sheet

4

Consolidated Statement of Income

6

Consolidated Statement of Comprehensive Income

7

Consolidated Statement of Changes in Net Assets

8

Consolidated Statement of Cash Flows

9

Notes to Consolidated Financial Statements

10

.......................................................................................

31

Outline of Meisei Industrial Co., Ltd

36

Meisei Industrial Co., Ltd. and Consolidated Subsidiaries

Financial Highlights

(Millions of yen, except for per share amounts)

2023

2022

2021

2020

2019

For the Year:

Construction orders awarded

¥ 60,209

¥ 53,921

¥ 49,581

¥ 47,499

¥ 56,165

Net sales

55,890

48,389

50,533

53,073

52,810

Operating income

6,830

5,339

6,399

6,442

7,277

Profit attributable to owners of parent

4,680

3,793

4,600

4,709

5,068

Per Share (yen):

Net profit

basic

94.00

74.63

89.74

91.00

97.41

Net profit

diluted

97.36

Cash dividends

36.00

30.00

30.00

30.00

30.00

At the Year End:

Total assets

77,508

71,149

68,920

66,324

66,533

Common stock

6,889

6,889

6,889

6,889

6,889

Net assets

59,448

55,924

54,365

50,783

48,716

Net assets per share (yen)

1,185.84

1,116.33

1,053.19

983.89

927.08

Interest-bearing debt

920

1,088

1,153

960

1,020

General:

Number of subsidiaries

13

13

13

12

12

Number of employees

671

651

663

658

641

(Thousands of U.S. dollars, except for per share amounts)

2023

2022

2021

2020

2019

For the Year:

Construction orders awarded

$ 450,905

$ 403,812

$ 371,313

$ 355,720

$ 420,617

Net sales

418,562

362,384

378,440

397,465

395,497

Operating income

51,153

39,987

47,924

48,250

54,503

Profit attributable to owners of parent

35,050

28,411

34,454

35,271

37,958

Per Share (dollars):

Net profit

basic

0.70

0.56

0.67

0.68

0.73

Net profit

diluted

0.73

Cash dividends

0.27

0.22

0.22

0.22

0.22

At the Year End:

Total assets

580,454

532,831

516,145

496,701

498,264

Common stock

51,593

51,593

51,593

51,593

51,593

Net assets

445,203

418,818

407,142

380,317

364,837

Net assets per share (dollars)

8.88

8.36

7.89

7.37

6.94

Interest-bearing debt

6,892

8,151

8,641

7,189

7,638

- 1 -

Meisei Industrial Co., Ltd. and Consolidated Subsidiaries

Financial Highlights

Construction Orders Awarded

Net Sales

Millions of yen

Millions of yen

Operating Income

Profit attributable to Owners of Parent

Millions of yen

Millions of yen

Total Assets

Net Assets

Millions of yen

Millions of yen

- 2 -

Consolidated Financial Statements

Meisei Industrial Co., Ltd.

and Consolidated Subsidiaries

Year ended March 31, 2023

- 3 -

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Meisei Industrial Co. Ltd. published this content on 10 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 August 2023 03:02:01 UTC.