Corporate Events

MEISEI INDUSTRIAL CO., LTD. announced at the Board of Directors meeting held on September 18, 2026, that it resolved to relocate its headquarters and change the location as outlined below. MEISEI INDUSTRIAL CO., LTD. will relocate its headquarters on December 21, 2026, to 4-1-7 Honmachi, Chuo-ku, Osaka City, 541-0053, Taisei Midosuji Tower 15th and 16th Floors. MEISEI INDUSTRIAL CO., LTD. stated that the reason for relocation is to enhance corporate value through the promotion of sustainable management, focusing on consistently making the profit structure stronger, a stronger foundation for the Meisei Group, and strategy for sustainable growth, working to create a comfortable workplace environment and improve employee engagement. MEISEI INDUSTRIAL CO., LTD. mentioned that in the new office, it will activate communication among employees through an open floor design and further improve productivity. MEISEI INDUSTRIAL CO., LTD. also stated that leveraging its highly convenient location at the heart of Osaka City, it aims to strengthen inter-company collaboration and attract diverse and talented personnel. MEISEI INDUSTRIAL CO., LTD. noted that the impact of this relocation on current financial results is minor, and it will steadily link the investments and expenses generated from this relocation into medium- to long-term enhancement of corporate value. MEISEI INDUSTRIAL CO., LTD. indicated that regarding assets such as the current headquarters building and land that will become vacant due to the relocation of its headquarters, it will continue to consider how to utilize them, including sales. MEISEI INDUSTRIAL CO., LTD. confirmed that since the current headquarters location and the relocation location are within the same city, there will be no changes to the articles of incorporation due to the relocation.

MEISEI INDUSTRIAL Co.,Ltd., Board Meeting, Sep 18, 2026. Agenda: To consider the Notice Regarding Headquarters Relocation.

Meisei Industrial Co. Ltd. provided dividend guidance for the fiscal year ending March 31, 2027. For the period, the company also expects to pay a year-end dividend of JPY 40.00 per share, compared with JPY 45.00 per share paid in fiscal 2026.

Meisei Industrial Co. Ltd. provided consolidated earnings forecasts for the six months ending September 30, 2026 and the fiscal year ending March 31, 2027. For the six months ending September 30, 2026, the company expects net sales of JPY 28,000 million, operating profit of JPY 2,600 million, profit attributable to owners of parent of JPY 2,400 million, and net income per share of JPY 52.29. For the fiscal year ending March 31, 2027, the company expects net sales of JPY 61,000 million, operating profit of JPY 7,000 million, profit attributable to owners of parent of JPY 5,600 million, and net income per share of JPY 122.00.

Meisei Industrial Co. Ltd. provided dividend guidance for the second quarter and fiscal year ending March 31, 2027. For the second quarter, the company expects to pay a dividend of JPY 25.00 per share, compared with JPY 20.00 per share paid in fiscal 2026.

MEISEI INDUSTRIAL Co.,Ltd., Board Meeting, Jul 31, 2026. Agenda: To consider the notice Regarding Measures to Achieve Management Conscious of Capital Cost and Stock Price.

MEISEI INDUSTRIAL Co.,Ltd., ¥ 25.0, Cash Dividend, Sep-29-2026

On June 30, 2026, Meisei Industrial Co., Ltd announced that it held its annual general meeting of shareholders on June 25, 2026, and declared voting results. Accordingly, the shareholder proposals regarding Agenda Item 5: Acquisition of Treasury Stock, Agenda Item 6: Amendment to Articles of Incorporation regarding the Number of Outside Directors, Agenda Item 7: Amendment to Articles of Incorporation regarding the Record Date for the Annual General Meeting of Shareholders, were rejected.

MEISEI INDUSTRIAL Co.,Ltd. announced that they will report Q1, 2027 results on Jul 31, 2026

MEISEI INDUSTRIAL Co.,Ltd., Board Meeting, Jun 25, 2026. Agenda: To consider and approve the Disposal of Treasury Shares for Restricted Stock Compensation.

MEISEI INDUSTRIAL Co.,Ltd., Annual General Meeting, May 22, 2026. Agenda: To consider Changes in Officers and Responsibilities.

MEISEI INDUSTRIAL CO., LTD. (the “Company”) hereby announces that it has received a shareholder proposal in writing (the “Shareholder Proposal Document”) from Nippon Active Value Fund plc (the “Proposing Shareholder”), the Company’s shareholder, regarding proposals (the “Shareholder Proposals”) it plans to make at the 84th Ordinary General Meeting of Shareholders (the “Ordinary General Meeting of Shareholders”) to be held on June 25, 2026. Agenda Items include Amendment to the Articles of Incorporation Concerning the Number of Outside Directors and Amendment to the Articles of Incorporation Concerning the Record Date for an Ordinary General Meeting of Shareholders. Reasons for Opposition: Since June 2015, the Company has adopted a corporate structure that includes an audit and supervisory committee, appointing all outside directors to serve as members of the Audit and Supervisory Committee. This has strengthened the audit and supervisory functions of the Board of Directors and further enhanced corporate governance. In addition, to enhance the fairness, transparency, and objectivity of procedures related to the nomination and remuneration of directors, the Company voluntarily established the Nomination and Remuneration Committee, the majority of whose members are independent outside directors, to serve as an advisory body to the Board of Directors. Based on the criteria for appointing director candidates, the committee fairly and rigorously selects director candidates with insight, qualifications, and abilities relevant to the business environment, and proposes them to the Board of Directors. The Board of Directors makes decisions on the candidates for directors based on the committee's recommendations and advice. It followed the same decision-making process when nominating the candidates for directors to be proposed at the Ordinary General Meeting of Shareholders. If the Company's proposal to appoint directors (including directors who are Audit and Supervisory Committee members) is approved at the Ordinary General Meeting of Shareholders, four of the nine directors of the Company will be independent outside directors. The ratio of independent outside directors on the Company's Board of Directors was 30% as of the Ordinary General Meeting of Shareholders held in June 2023; however, as part of the Company's ongoing efforts to enhance its corporate governance structure, the ratio has been increased to 44% since the Ordinary General Meeting of Shareholders held in June 2024. Accordingly, the Company satisfies the requirements under Japan's Corporate Governance Code applicable to Prime Market listed companies, which require that at least one-third of the members of the board of directors be independent outside directors. Moving forward, the Company will continue to enhance its corporate governance structure by leveraging bodies that are independent from the Board of Directors, such as the Nomination and Remuneration Committee, to ensure that the Board of Directors contributes to the enhancement of corporate value over the medium- to long-term. All four of the candidates for directors (excluding directors who are Audit and Supervisory Committee members) are familiar with the Company's business and have expertise in corporate management, sales strategy, and business strategy, as well as specialized knowledge and experience in their respective fields, including, among others, construction, technology and R&D, human resources, labor and diversity, and finance and accounting. Of the five directors who are Audit and Supervisory Committee members, four are independent outside directors. Each of them possesses expertise in areas such as finance and accounting, ESG, and risk management. These independent outside directors express their opinions on overall corporate management to the Board of Directors from their respective professional perspectives. They provide recommendations and advice to ensure that decisions made by the Board are adequate and appropriate. The Company's Board of Directors considers that the Board of Directors, which consists of the candidates proposed by the Company, is sufficiently independent and diverse, and has an optimal composition to implement the Company's management principles as well as to execute and supervise operations aimed at achieving the targets of the Medium-Term Management Plan. The Company believes that the Board of Directors has established a governance structure that will aid in the Company's sustained growth and the enhancement of its corporate value over the medium- to long-term, and that this structure will serve the interests of shareholders. However, the Company believes that adding a provision to the Articles of Incorporation, as suggested in this Shareholder Proposal, would limit the scope from which director candidates are to be appointed and hinder the ability to flexibly consider the composition of the Board of Directors, based on discussions on the nature of the Board of Directors and management strategies from time to time. For these reasons, the Company's Board of Directors opposes this Shareholder Proposal. Amendment to the Articles of Incorporation Concerning the Record Date for an Ordinary General Meeting of Shareholders: Reasons for Opposition: This Shareholder Proposal purports to secure sufficient time for consideration between the disclosure of securities reports and other information and the exercise of voting rights, by changing the record date for voting rights at the ordinary general meeting of shareholders from March 31 to May 15. The Company acknowledges the awareness of the issue to a certain extent. However, postponing the ordinary general meeting of shareholders by changing the record date for voting rights will involve issues, including delays in reflecting shareholders' will and communication, and potential delays in appointing officers and initiating operations.

On May 8, 2026, Meisei Kogyo Co., Ltd. announced that its Board of Directors resolved to oppose a series of shareholder proposals submitted by Nippon Active Value Fund plc for the 84th Annual General Meeting of Shareholders scheduled for June 25, 2026. The proposals included: (1) Acquisition of Treasury Shares, which the Board opposed on the grounds that the proposed scale and timing would significantly constrain growth investments and hinder sustainable growth and corporate value enhancement; (2) Amendment to the Articles Regarding the Number of Outside Directors, which the Board opposed, stating that enshrining a majority requirement for outside directors would restrict the pool of candidates and hinder flexible consideration of Board composition based on management strategy; and (3) Amendment to the Articles Regarding the Record Date for the AGM, which the Board opposed, arguing that changing the record date would not achieve the intended purpose, would increase administrative burdens and costs, and could destabilize operations. The Board emphasized its commitment to stable profit returns, sound governance, and timely disclosure, while urging shareholders to vote against all proposals submitted by Nippon Active Value Fund plc.

MEISEI INDUSTRIAL Co.,Ltd., Annual General Meeting, Jun 25, 2026, at 10:00 Tokyo Standard Time. Agenda: To consider the business report, consolidated financial statements, and report on the result of the audit by the financial and audit and supervisory committee on the consolidated financial statements for the 84th term (April 1, 2025 to March 31, 2026); to consider the report on the non-consolidated financial statements for the 84th term (April 1, 2025 to March 31, 2026); to consider appropriation of surplus; to consider election of four directors excluding directors who are audit and supervisory committee members; to consider election of two directors who are audit and supervisory committee members; to consider election of one substitute director who is an audit and supervisory committee member; and to consider other matters.

MEISEI INDUSTRIAL Co.,Ltd. announced that they will report fiscal year 2026 results on May 08, 2026

MEISEI INDUSTRIAL Co.,Ltd. revised year end dividend guidance for the fiscal year ended March 31, 2026. for the year end, the company expects dividend of JPY 45.00 per share against JPY 40.00 per share expected previously. Reason for revision: The year-end dividend for the fiscal year ended March 31, 2026 has been revised to JPY 45 per share, an increase of JPY 5 per share from the previous forecast of JPY 40 per share, based on it company's basic policy on profit sharing and after comprehensively considering the business forecast and financial conditions. As a result, the annual dividend per share is expected to be JPY 65 per share, including the interim dividend of JPY 20 per share. This matter is scheduled to be submitted to the 84 Annual General Meeting of Shareholders to be held in June 2026.

MEISEI INDUSTRIAL Co.,Ltd. revised consolidated and non consolidated earnings guidance for the fiscal year ended March 31, 2026. for the year, on consolidated basis, the company expects net sales of ¥60,000 million, operating profit of ¥7,600 million, profit attributable to owners of parent of ¥5,450 million and net income per share of ¥115.98 against net sales of ¥59,000 million, operating profit of ¥6,500 million, profit attributable to owners of parent of ¥5,400 million and net income per share of ¥113.45 expected previously. For the year, on non-consolidated basis, the company expects net sales of ¥41,000 million, operating profit of ¥5,700 million, profit of ¥7,000 million and basic earnings per share of ¥148.97 against net sales of ¥41,000 million, operating profit of ¥5,100 million, profit of ¥5,400 million and basic earnings per share of ¥113.46 expected previously. Reason for revision: For the fiscal year ending March 2026, consolidated and non-consolidated net sales are expected to be almost the same as previously announced. For each profit item, both consolidated and non-consolidated net sales are expected to increase compared to the previous announcement because project profitability improved from the second half of the fiscal year and cost increases such as an increase in personnel expenses that occurred in the first half of the fiscal year were absorbed.

MEISEI INDUSTRIAL Co.,Ltd., Board Meeting, Apr 24, 2026. Agenda: To consider and approve to expected to record an extraordinary loss (impairment loss on fixed assets) for the fiscal year ending March 2026.

MEISEI INDUSTRIAL Co.,Ltd. announced establishment of "Chugoku & Shikoku Regional Branch" and the "Procurement Department".

MEISEI INDUSTRIAL Co.,Ltd. reported earnings results for the nine months ended December 31, 2025. For the nine months, the company reported sales was JPY 44,145 million compared to JPY 47,294 million a year ago. Net income was JPY 3,974 million compared to JPY 4,471 million a year ago. Basic earnings per share from continuing operations was JPY 83.94 compared to JPY 91.88 a year ago.

MEISEI INDUSTRIAL Co.,Ltd. expected to report Fiscal Year 2026 results on May 8, 2026. This event was calculated by S&P Global (Created on January 30, 2026).

MEISEI INDUSTRIAL Co.,Ltd. announced that they will report Q3, 2026 results on Jan 30, 2026

From November 20, 2025 to November 21, 2025, the company has repurchased 1,700,000 shares, representing 3.57% for ¥2,743.8 million. With this, the company has completed the repurchase of 1,700,000 shares, representing 3.57% for ¥2,743.8 million under the buyback announced on November 20, 2025.

The company closed its plan on November 21, 2025.

The Board of Directors of MEISEI INDUSTRIAL Co.,Ltd. has authorized a buyback plan on November 20, 2025.

MEISEI INDUSTRIAL Co.,Ltd. (TSE:1976) announces a share repurchase program. Under the program, the company will repurchase up to 1,700,000 shares, representing 3.56% of the outstanding shares for ¥2,743.8 million. The purpose of the program is to improve capital efficiency and implement a flexible capital policy in response to changes in the business environment, as well as to enhance returns to shareholders. As of October 31, 2025, the company had 47,742,730 shares outstanding and 7,374,488 shares in treasury.

MEISEI INDUSTRIAL Co.,Ltd., Board Meeting, Nov 20, 2025. Agenda: To consider the Notice Concerning Acquisition of Own Shares and Repurchase of Own Shares Through Off-Auction Own Share Repurchase Trading System (ToSTNeT-3).

MEISEI INDUSTRIAL Co.,Ltd. revised consolidated and non consolidated earnings guidance for the fiscal year ending March 31, 2026. For the year on a consolidated basis, the company expects revised net sales of ¥59,000 million, operating profit of ¥6,500 million, profit attributable to owners of parent of ¥5,400 million, and net income per share of ¥113.45 against net sales of ¥60,000 million, operating profit of ¥7,750 million, profit attributable to owners of parent of ¥6,200 million, and net income per share of ¥130.26 expected previously. For the year on a non-consolidated basis, the company expects revised net sales of ¥41,000 million, operating profit of ¥5,100 million, profit of ¥5,400 million, and net income per share of ¥113.45 against net sales of ¥42,500 million, operating profit of ¥5,550 million, profit of ¥5,400 million, and Basic earnings per share of ¥113.46 expected previously. Reason for revision: With regard to consolidated and non-consolidated business results for the fiscal year ending March 2026, after taking into account the trend of orders received for the full fiscal year, the progress of on-hand construction, and the outlook for profitability based on business results up to the second quarter (interim period) under review, consolidated and non-consolidated net sales and profit are expected to be lower than the previously announced forecast mainly due to the impact of an increase in the burden of costs such as personnel expenses.

MEISEI INDUSTRIAL Co.,Ltd. declared cash dividend for the second quarter end of fiscal year ending March 31, 2026. For the second quarter end, the company declared dividend of JPY 20.00 per share against JPY 21.00 per share a year ago. Scheduled date to commence dividend payments: November 21, 2025.

MEISEI INDUSTRIAL Co.,Ltd., ¥ 40.0, Cash Dividend, Mar-30-2026

MEISEI INDUSTRIAL Co.,Ltd. expected to report Q3 2026 results on January 30, 2026. This event was calculated by S&P Global (Created on October 31, 2025).

MEISEI INDUSTRIAL Co.,Ltd. revised consolidated earnings guidance for the fiscal year ending March 31, 2026. for the year, the company expects revises net sales of ¥28,000 million, operating profit of ¥2,750 million, Profit attributable to owners of parent of ¥1,850 million and net income per share of ¥38.87 against net sales of ¥28,000 million, operating profit of ¥3,300 million, Profit attributable to owners of parent of ¥2,400 million and net income per share of ¥50.43 expected previously. For the consolidated financial results for the second quarter of the fiscal year ending March 2026, net sales are expected to be recorded as previously announced. However, each item of profit is expected to decrease compared to the previous announcement due to the impact of additional costs for some projects and an increase in personnel expenses. The full-year forecast is currently being compiled, and any changes will be announced promptly.

MEISEI INDUSTRIAL Co.,Ltd. announced that they will report Q2, 2026 results on Oct 31, 2025

MEISEI INDUSTRIAL Co.,Ltd., Board Meeting, Oct 21, 2025. Agenda: To consider and revise the earnings forecasts announced on May 9, 2025, in light of recent business trends.