28 items
2026-10-06
MEC Company Ltd. announced that it has decided to make capital investments with the aim of strengthening its Business Continuity Plan (BCP) by addressing rising demand, particularly for products related to semiconductor package substrates, and decentralizing its production bases. This capital investment is the second phase of construction of the Company’s Kitakyushu Factory, which is scheduled to begin operations in December 2026. In order to respond to these demand trends, the Company has decided to make additional capital investments that go beyond the scope of the original plan in order to meet a wider range of product demands and ensure compliance with relevant laws and regulations. In order to meet the expected increase in demand for semiconductor package substrates, the Company will strengthen facilities at its Kitakyushu Factory, which will produce chemical products. Investment amount Approx. JPY 2 billion. Start of operation Fiscal Year 2028 (planned). Financing plan Own funds and borrowings (planned). The impact on the consolidated financial results for the fiscal year ending December 2026 is immaterial.
2026-09-30
MEC Company Ltd., Board Meeting, Sep 30, 2026. Agenda: To consider Regarding Acquisition of Noncurrent Assets.
2026-08-15
MEC Company Ltd. announced dividend of JPY 55.00 per share for the second quarter ended June 30, 2026 compared to JPY 25.00 per share paid a year ago. Scheduled date to commence dividend payments: September 1, 2026.
2026-08-15
MEC Company Ltd. revised consolidated earnings guidance for the fiscal year ending December 31, 2026. For the fiscal year, the company now expects net sales of JPY 25,800 million compared to previous guidance of JPY 24,500 million, operating income of JPY 8,300 million compared to previous guidance of JPY 7,600 million, profit attributable to owners of parent of JPY 6,000 million compared to previous guidance of JPY 5,550 million and net income per share of JPY 328.58 compared to previous guidance of JPY 303.93. Reason for the revision: The Company has revised the consolidated earnings forecast for the fiscal year ending December 31, 2026 as shown above because demand for products used in advanced semiconductor package substrates is expected to remain strong, driven by the expansion of the generative AI market.
2026-08-10
MEC Company Ltd., H1 2026 Earnings Call, Aug 10, 2026
2026-06-03
MEC Company Ltd. announced that they will report Q2, 2026 results on Aug 10, 2026
2026-05-31
MEC Company Ltd. reported earnings results for the first quarter ended March 31, 2026. For the first quarter, the company reported sales was JPY 6,128.79 million compared to JPY 4,423.91 million a year ago. Net income was JPY 1,528.3 million compared to JPY 476.41 million a year ago. Basic earnings per share from continuing operations was JPY 83.69 compared to JPY 25.44 a year ago.
2026-05-20
MEC Company Ltd. provided year end dividend guidance for the fiscal year ending December 31, 2026. For the year end, the company expects dividend of JPY 55.00 per share compared to JPY 56.00 per share a year ago. The Company places great importance on fulfilling its responsibilities to all stakeholders, including shareholders, and promotes a capital strategy aimed at sustainable growth through dialogue with stakeholders. basic dividend policy is to maintain a consolidated dividend payout ratio of at least 35% and a consolidated dividend on equity (DOE) ratio of at least 4.0%, taking into consideration business performance and financial position. Based on this policy, and in light of the recent upward revision to the earnings forecast, have revised dividend forecast for the fiscal year ending December 31, 2026, as shown above.
2026-05-20
MEC Company Ltd. provides earnings guidance for the 1st half and for the fiscal year ending December 31, 2026 (January 1, 2026 to December 31, 2026). For the 1st half, the company expects Net sales JPY 12,250 Million, Operating income JPY 4,000 Million, Net income attributable to parent company's shareholders JPY 2,900 Million and Net income per share JPY 158.81 compared to Net sales JPY 10,800 Million, Operating income JPY 3,000 Million, Net income attributable to parent company's shareholders JPY 2,000 Million and Net income per share JPY 109.53 For the full year, the company expects Net sales JPY 24,500 Million, Operating income JPY 7,600 Million, Net income attributable to parent company's shareholders JPY 5,550 Million and Net income per share JPY 303.93 compare to previous guidance Net sales JPY 22,500 Million, Operating income JPY 6,500 Million, Net income attributable to parent company's shareholders JPY 4,600 Million and Net income per share JPY 251.91. Compared with the previous forecast announced on February 13, 2026, demand for products for semiconductor package substrates for generative AI and data centers has been stronger than expected, and demand for high-margin products has also increased. As such, the Company expects to exceed the previous forecast, and has therefore revised the (cumulative) consolidated earnings forecast for the six months ending June 30, 2026 as shown above. With regard to the full-year earnings forecast, while there is a strong appetite for investment in generative AI and data centers, the future remains uncertain due to factors such as rising oil prices and price trends associated with heightened geopolitical risks and uncertainties in U.S. trade policy. It is under these circumstances that the Company has made the above revisions, based on assumptions regarding trends in the semiconductor package substrate market, the impact of escalating tensions in the Middle East, etc.
2026-05-20
MEC Company Ltd. provides dividend guidance for the second quarter end of fiscal year ending December 31, 2026, For the period, the company expects dividend of JPY 55.00 per share compared to JPY 25.00 per share a year ago.
2026-05-12
MEC Company Ltd., Q1 2026 Earnings Call, May 12, 2026
2026-04-10
MEC Company Ltd., ¥ 55.0, Cash Dividend, Jun-29-2026
2026-04-07
MEC Company Ltd. announced that they will report Q1, 2026 results on May 12, 2026
2026-02-14
MEC Company Ltd. announced year-end cash dividend for the fiscal year 2025. For the period, the company announced dividend of JPY 71.00 per share against JPY 25 per share paid last year. Scheduled date to commence dividend payments: March 4, 2026. The company provided dividend guidance for the second quarter end of fiscal year 2026. For the period, the company expects dividend of JPY 40.00 per share against JPY 25.00 paid last year.
2026-02-14
MEC Company Ltd. provided year end dividend guidance of JPY 56.00 per share for fiscal year ending December 31, 2026 against JPY 71.00 per share announced earlier.
2026-02-14
MEC Company Ltd. provided consolidated earnings guidance for the first half and fiscal year ending December 31, 2026. For the first half, the company expects net sales of JPY 10,800 million, Operating income of JPY 3,000 million, Profit attributable to parent company's shareholders JPY 2,000 million and net income per share of JPY 109.53. For the full year, the company expects net sales of JPY 22,500 million, Operating income of JPY 6,500 million, Profit attributable to parent company's shareholders JPY 4,600 million and net income per share of JPY 251.91.
2026-02-13
MEC Company Ltd. expected to report Q1 2026 results on May 12, 2026. This event was calculated by S&P Global (Created on February 13, 2026).
2026-02-13
MEC Company Ltd., Annual General Meeting, Mar 24, 2026, at 10:00 Tokyo Standard Time. Location: 2-7-1, Showadori, Amagasaki City, Hyogo Prefecture HO-OH, 3rd floor, Miyako Hotel Amagasaki Japan Agenda: To consider the business report, the consolidated financial statements, and the results of reported consolidated financial statement audits by the accounting auditor and the audit and supervisory committee for the 57th business period (January 1, 2025, to December 31, 2025); to consider the non-consolidated financial statements for the 57th business period (January 1, 2025, to December 31, 2025); and to consider other business matters.
2026-02-13
MEC Company Ltd., Board Meeting, Feb 13, 2026. Agenda: To consider to pay a dividend of surplus with a record date of December 31, 2025.
2026-02-13
MEC Company Ltd., 2025 Earnings Call, Feb 13, 2026
2025-12-04
MEC Company Ltd. announced that they will report fiscal year 2025 results on Feb 13, 2026
2025-11-21
MEC Company Ltd., Board Meeting, Nov 21, 2025. Agenda: To consider matter sin regard to Transfer of Operating Officers.
2025-11-18
MEC Company Ltd. announced that at a meeting of the board of directors held on November 11, 2025, the Company decided to change its dividend policy as follows. Reason for the change The Company places great importance on fulfilling its responsibilities to all stakeholders, including shareholders, and promotes a capital strategy aimed at sustainable growth through dialogue with stakeholders. With regard to its growth strategy, amid the ongoing digitalization of society and in a business environment that is creating new opportunities to deliver its products and services, its basic policy is to continue investing in growth by expanding and effectively utilizing retained earnings to enhance its corporate competitiveness and shareholder value, in order to further develop its strengths. Based on this policy, the Company has set out the shareholder return policy of "maintain and increase the annual dividend per share," "consolidated payout ratio target: 30%" and "flexibly implement share buybacks according to the circumstances" in its capital policy in the medium-term management plan "2030 Vision Phase 2 (2025-2027)" formulated in February 2025. In order to further strengthen shareholder returns, the Company revised its basic dividend policy to "maintain a consolidated dividend payout ratio of 35% or higher and a consolidated dividend on equity (DOE) ratio of 4.0% or higher" while taking into consideration the Company's results and financial position. 2. Details of the change (Before change): Maintain and increase the annual dividend per share Consolidated payout ratio target: 30% (After change): Consolidated dividend payout ratio of 35% or higher and consolidated dividend on equity (DOE) of 4.0% or higher 3. Timing of the change: The new policy will apply from the fiscal year ending December 31, 2025.
2025-11-18
MEC Company Ltd. revised dividend guidance for the fiscal year ending December 31, 2025. For the year, the company now expects to pay dividend of JPY 60.00 per share against previous guidance of JPY 30.00 per share. Reason for the revision: The Company places great importance on fulfilling its responsibilities to all stakeholders, including shareholders, and promotes a capital strategy aimed at sustainable growth through dialogue with stakeholders. Based on the policy announced in "Change in Dividend Policy," it have decided to revise its dividend forecasts.
2025-11-18
MEC Company Ltd. revised consolidated earnings guidance for the fiscal year ending December 31, 2025. For the year, the company now expects net sales of JPY 20,300 million, Operating income of JPY 5,500 million, Profit attributable to parent company's shareholders JPY 4,300 million and net income per share of JPY 232.71 against previous guidance of net sales of JPY 20,000 million, Operating income of JPY 5,000 million, Profit attributable to parent company's shareholders JPY 3,600 million and net income per share of JPY 192.26 million. Reason for the revision: With regard to the full-year consolidated earnings forecasts for the year ending December 31, 2025, in terms of profit, demand for high-margin products remained strong. Further, in addition to the curbing of selling, general, and administrative expenses, etc., due to income from the "Subsidy for Growth Investment for Large-Scale Growth Investment in Labor Saving and Other Measures to Raise Wages for Small and Medium-Sized Enterprises" provided by the Ministry of Economy, Trade and Industry being recorded in extraordinary income during the interim period and other factors, operating income, ordinary income, and profit attributable to owners of parent are now expected to exceed initial forecasts.
2025-11-11
MEC Company Ltd., Board Meeting, Nov 11, 2025. Agenda: To consider to change dividend policy.
2025-11-11
MEC Company Ltd., Nine Months 2025 Earnings Call, Nov 11, 2025
2025-11-08
MEC Company Ltd. expected to report Fiscal Year 2025 results on February 13, 2026. This event was calculated by S&P Global (Created on November 8, 2025).
2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 | 2024Q4 | 2024Q3 | 2024Q2 | 2024Q1 | 2023Q4 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenues | 24,154 | 22,652 | 20,947 | 19,540 | 18,739 | 18,304 | 18,234 | 17,721 | 16,704 | 15,609 | 14,020 |
Pretax Income Excl.Unusual Items | 7,854 | 7,084 | 6,043 | 5,334 | 4,528 | 4,611 | 4,675 | 4,498 | 4,312 | 3,583 | 2,676 |
Total Assets | 44,206 | 37,956 | 36,424 | 34,293 | 32,875 | 31,429 | 33,039 | 31,101 | 31,411 | 29,789 | 28,665 |
Total Liabilities | 8,074 | 6,329 | 5,953 | 5,980 | 5,483 | 5,220 | 6,143 | 4,703 | 4,478 | 4,443 | 3,888 |
Cash & Cash Equivalents | 11,983 | 10,115 | 10,345 | 9,457 | 8,872 | 9,124 | 11,476 | 10,508 | 8,359 | 9,231 | 8,755 |
Total Common Equity | 36,132 | 31,627 | 30,471 | 28,313 | 27,392 | 26,209 | 26,896 | 26,398 | 26,933 | 25,346 | 24,777 |
Book Value Per Share (BVPS) | 1,978.68 | 1,731.98 | 1,668.67 | 1,550.46 | 1,486.83 | 1,399.69 | 1,436.38 | 1,409.8 | 1,438.33 | 1,353.6 | 1,323.21 |
Net Change in Cash | 3,040 | -1,504 | -567 | 3,564 | 1,784 | -1,086 | |||||
Capital Expenditure | -1,807 | -2,735 | -2,452 | -729 | -1,067 | -1,857 |
On August 12, 2026, MEC Company shared its financial results for the second quarter of 2026, with revenues of 6.47B yen and net income of 1.51B yen, reflecting a significant 30.3% surge in revenue, along with an improvement of approximately 8.6% in EPS compared with the same quarter last year. A positive sign is that for the 11th consecutive quarter, the company has demonstrated an increase in its income line compared to the corresponding quarter of the previous year, indicating the company's stability and potential for growth in the future.
Furthermore, the EBITDA margin showed an improvement from 31.11% in the corresponding quarter last year to 35.12%. and it trades at 22.2x times current year's earnings, which is higher than the sector average (P/E 10.8x).