Meiji Shipping Group Co., Ltd.

9115・Standard Market・Marine Transportation

Official website

Meiji Shipping Group Co., Ltd.

9115・Standard Market・Marine Transportation

Official website

Meiji Shipping Group Co., Ltd.9115

Reference Indicators

Market Cap

301¥100M

P/E (Forecast)

8.6x

P/B

0.5x

Dividend Yield (Forecast)

—

ROE

8.5%

EV/EBITDA

6.8x

Financial Summary

Unit: ¥M

Item	2022Mar 2022	2023Mar 2023	2024Mar 2024	2025Mar 2025	2026Mar 2026
Net Sales	45,815	58,061	65,018	67,544	61,271
Cost of Sales	37,341	44,899	48,648	51,141	51,684
Gross Profit	8,473	13,161	16,370	16,402	9,587
SG&A Expenses	4,071	4,397	4,971	5,388	5,880
Operating Income	4,401	8,764	11,398	11,014	3,707
Non-operating Income	2,791	3,060	2,523	5,898	3,985
Non-operating Expenses	2,847	5,381	8,085	7,781	6,494
Ordinary Income	4,346	6,443	5,836	9,131	1,197
Extraordinary Income	2,786	7,466	7,386	—	10,681
Extraordinary Losses	—	30	—	—	152
Pre-tax Income	7,132	13,879	13,222	9,131	11,727
Income Taxes	1,460	1,992	479	2,460	2,894
Net Income	3,277	6,439	5,189	2,812	4,314
EBITDA	19,468	25,395	28,683	27,892	19,340
Gross Margin	18.5%	22.7%	25.2%	24.3%	15.6%
Operating Margin	9.6%	15.1%	17.5%	16.3%	6.1%
ROA	1.4%	2.3%	1.9%	1.0%	1.5%
ROE	15.2%	21.7%	13.3%	6.2%	8.5%

Segment Performance

Unit: ¥M

2026

Segment	Net Sales	Operating Income	Operating Margin
外航海運業	50,489	3,789	7.5%
ホテル関連事業	10,129	-280	-2.8%
不動産賃貸業	652	197	30.2%