Construction · Fiscal year end Mar 31

MEISEI INDUSTRIAL Co.,Ltd.

1976

明星工業株式会社

FIGI BBG000BKWM441976.T1976 JPCorp. no. 1120001049032

Latest half-year results

First half · fiscal year to 2026-03 · filed 2025-11-11

For the first half of the fiscal year to 2026-03: Revenue ¥28.3 billion (-10.4% YoY), Ordinary income ¥3.1 billion (-26.6% YoY), Net income ¥1.9 billion (-35.4% YoY).

	This period	Year on year
Revenue	¥28.3bn	-10.4%
Ordinary profit	¥3.1bn	-26.6%
Net profit to owners	¥1.9bn	-35.4%

From the securities report on EDINET, which states no forecast. History via /v1/companies/1976/earnings-releases.

Financials

Japan GAAP · consolidated · fiscal year to 2026-03-31

Revenue: ¥60.3bn
Net income: ¥5.5bn
ROE: 8.0%
Equity ratio: 80.6%
Dividend / share: ¥65
Employees: 768

Revenue · ¥bn

Net income · ¥bn

Fiscal year	Revenue	Net income	Total assets	Net assets	ROE	EPS	Operating CF
2026-03-31	¥60.3bn	¥5.5bn	¥85.6bn	¥69.5bn	8.0%	¥116.92	¥6.5bn
2025-03-31	¥66.3bn	¥8.5bn	¥88.6bn	¥69.2bn	12.8%	¥174.68	¥6.9bn
2024-03-31	¥60.4bn	¥6.2bn	¥84.4bn	¥63.9bn	10.2%	¥126.06	¥7.1bn
2023-03-31	¥55.9bn	¥4.7bn	¥77.5bn	¥59.4bn	8.2%	¥94	¥4.1bn
2022-03-31	¥48.4bn	¥3.8bn	¥71.1bn	¥55.9bn	6.9%	¥74.63	¥7.2bn

Indicators

Computed by us from filings · fiscal year to 2026-03-31

Metric	Value	Percentile among listed companies
ROE, %	8	45.5
Ordinary margin	0.1377	79.9
Equity ratio, %	80.6	90.4
Revenue growth	-0.0903	7.3
Net income growth	-0.3501	16.8
Operating cash flow / assets	0.0759	58.7

Policy-uncertainty measure0.79 Share of the report's text discussing policy-related uncertainty, by policy area. Proprietary text method.

Trade & tariffs 1

Ownership activity 0 filer(s) stated they may make proposals in 365 days; 0 new 5% holder(s) in 180 days; net stake change +2.01pt in 90 days; 9.7% held by other listed companies.

Results wording balance: +1.00. Proprietary text method; it describes the wording only and does not interpret context.

Interest example: if all ¥800m of reported debt repriced by 50 basis points, a year's interest would rise by ¥4m, 0.1% of operating cash flow. Our arithmetic only, not a forecast: fixed-rate debt and hedges are ignored.

Via /v1/companies/1976/indicators. Descriptive figures, not a rating and not investment advice.

From other filings

As the company states them

Share buyback, report to —: ¥2.7bn acquired of a ¥2.7bn limit. /v1/companies/1976/buybacks

Internal control, 2026-06-22: see filing 上記の評価の結果、当事業年度末日時点において、当社グループの財務報告に係る内部統制は有効であると判断しました。 Filing

Segments, votes and tender offers

Stated in EDINET filings

Segments: Construction, Boiler. /v1/companies/1976/segments

Latest voting result: 2026-06-25 · から第4号議案まで)>第1号議案剰余金の処分の件 · passed. /v1/companies/1976/voting

Ownership changes

All companies →

2026-10-21

Increase+1.00pt

NIPPON ACTIVE VALUE FUND PLC raised holdings in MEISEI INDUSTRIAL Co.,Ltd. (1976) to 14.62% from 13.62%.

S100Z8JYFiler profile Original filing (PDF, Japanese)
2026-08-12

Increase+1.01pt

NIPPON ACTIVE VALUE FUND PLC raised holdings in MEISEI INDUSTRIAL Co.,Ltd. (1976) to 13.61% from 12.60%.

S100YV1EFiler profile Original filing (PDF, Japanese)
2026-07-31

Amendment+1.01pt

NIPPON ACTIVE VALUE FUND PLC filed a correction to a 5% report on MEISEI INDUSTRIAL Co.,Ltd. (1976).

S100YT9IFiler profile Original filing (PDF, Japanese)
2026-06-05

Increase+1.01pt

NIPPON ACTIVE VALUE FUND PLC raised holdings in MEISEI INDUSTRIAL Co.,Ltd. (1976) to 12.60% from 11.59%.

S100Y866Filer profile Original filing (PDF, Japanese)
2026-04-08

Increase+0.21pt

NIPPON ACTIVE VALUE FUND PLC raised holdings in MEISEI INDUSTRIAL Co.,Ltd. (1976) to 11.59% from 11.38%.

S100XJMQFiler profile Original filing (PDF, Japanese)
2025-11-20

Below 5%−1.13pt

NOMURA INTERNATIONAL PLC cut holdings in MEISEI INDUSTRIAL Co.,Ltd. (1976) to 3.89% from 5.02%, below the 5% threshold.

S100X5PNFiler profile Original filing (PDF, Japanese)
2025-11-18

Increase+1.02pt

NIPPON ACTIVE VALUE FUND PLC raised holdings in MEISEI INDUSTRIAL Co.,Ltd. (1976) to 11.38% from 10.36%.

S100X4X4Filer profile Original filing (PDF, Japanese)
2025-09-03

Increase+1.01pt

NIPPON ACTIVE VALUE FUND PLC raised holdings in MEISEI INDUSTRIAL Co.,Ltd. (1976) to 10.36% from 9.35%.

S100WM5IFiler profile Original filing (PDF, Japanese)
2025-09-03

Threshold

Holdings of NIPPON ACTIVE VALUE FUND PLC in MEISEI INDUSTRIAL Co.,Ltd. (1976) moved above 10% (9.35% -> 10.36%).

S100WM5IFiler profile Original filing (PDF, Japanese)
2025-06-04

New 5% stake

NOMURA INTERNATIONAL PLC disclosed a 5.02% stake in MEISEI INDUSTRIAL Co.,Ltd. (1976), crossing the 5% reporting threshold.

S100VVOUFiler profile Original filing (PDF, Japanese)

Trades by 5% holders

From the 60-day trade tables in 5% reports

Bought SoldHover a dot for the trade

Holder	Period	Net shares	Net % of shares	Avg. filed price	Range
エヌエーブイエフ・セレクト・マスター・ファンド・エルピー(NAVF Select (Master) Fund LP)	2026-02-02 – 2026-10-14	+954,200	+1.75pt	¥1,816.41	¥1,816–1,816
NIPPON ACTIVE VALUE FUND PLC	2023-12-08 – 2026-07-13	+2,984,600	+5.29pt	¥1,181.43	¥1,135–1,816
Dalton Investments, Inc.	2024-12-11 – 2026-05-11	+51,000	+0.08pt	¥1,724.97	¥1,725–1,725
NAVF Select LLC	2024-11-01 – 2025-11-11	+1,413,900	+2.61pt	¥1,331.62	¥1,200–1,590

Net shares and the average are our calculations. Prices are filed prices as stated by the filer, mostly for off-market trades; they are not market prices. Stock lending, custody transfers and option exercises are excluded from net shares. Every row via /v1/companies/1976/trades.

5% filings

Large shareholding reports on 1976

Filed	Filer	Stake	Change	Stated purpose
2026-10-21	NIPPON ACTIVE VALUE FUND PLC	14.62%	+1.00pt	may make proposals
2026-08-12	NIPPON ACTIVE VALUE FUND PLC	13.61%	+1.01pt	may make proposals
2026-07-31	NIPPON ACTIVE VALUE FUND PLC	12.60%	+1.01pt	may make proposals
2026-06-05	NIPPON ACTIVE VALUE FUND PLC	12.60%	+1.01pt	may make proposals
2026-04-08	NIPPON ACTIVE VALUE FUND PLC	11.59%	+0.21pt	may make proposals
2025-11-20	NOMURA INTERNATIONAL PLC	3.89%	−1.13pt	—
2025-11-18	NIPPON ACTIVE VALUE FUND PLC	11.38%	+1.02pt	may make proposals
2025-09-03	NIPPON ACTIVE VALUE FUND PLC	10.36%	+1.01pt	may make proposals
2025-06-04	NOMURA INTERNATIONAL PLC	5.02%	—	—
2025-05-09	SMBC Nikko Securities Inc.	4.35%	−0.97pt	—

Cross-shareholdings

From the annual report's status of shareholdings

Listed strategic holdings: 30 issues
Book value: ¥4.6bn
Sold in the year: ¥2.1bn 5 issues
Bought in the year: ¥8m 5 issues
Mutual, both reports: 11
Held by listed cos.: 13

Holds	Book value	Shares vs. prior year	Mutual
JGC HOLDINGS CORPORATION 1963	¥608m	+0.6%	no
Mizuho Financial Group, Inc. 8411	¥405m	0.0%	stated
SENSHU ELECTRIC CO.,LTD. 9824	¥391m	0.0%	both reports
Wakita & Co.,LTD. 8125	¥386m	0.0%	both reports
TAKUMA CO., LTD. 6013	¥321m	0.0%	both reports
T&D Holdings, Inc. 8795	¥314m	0.0%	both reports
RAIZNEXT Corporation 6379	¥285m	+0.5%	both reports
Sumitomo Mitsui Financial Group, Inc. 8316	¥235m	0.0%	stated
Idemitsu Kosan Co.,Ltd. 5019	¥218m	0.0%	no
TOYO KANETSU K.K. 6369	¥211m	+100.0%	no

Held by: T&D Holdings, Inc. 8795, Iyogin Holdings,Inc. 5830, Wakita & Co.,LTD. 8125, Resona Holdings, Inc. 8308, Nisshinbo Holdings Inc. 3105, RAIZNEXT Corporation 6379, TAKUMA CO., LTD. 6013, japan foundation engineering co.,ltd. 1914, SENSHU ELECTRIC CO.,LTD. 9824, NAKANISHI MFG.CO.,LTD. 5941, KANDA TSUSHINKI CO.,LTD. 1992, YOTAI REFRACTORIES CO.,LTD. 5357 and 1 more

Purposes, all holdings and mutual flags via /v1/companies/1976/cross-holdings. Share changes include stock splits.

Major shareholders

As of fiscal year end 2026-03-31

Shareholder	Shares	Ratio
NIPPON ACTIVE VALUE FUND PLC	4,126,000	8.96%
日本マスタートラスト信託銀行株式会社（信託口）	4,036,000	8.76%
公益財団法人富本奨学会	2,695,000	5.85%
NAVF SELECT LLC	2,257,000	4.90%
大同生命保険株式会社	2,032,000	4.41%
株式会社三井住友銀行	2,000,000	4.34%
明星工業取引先持株会	1,965,000	4.26%
日本生命保険相互会社	1,960,000	4.25%
株式会社三菱UFJ銀行	1,400,000	3.04%
株式会社伊予銀行	1,166,000	2.53%

U.S. funds holding 1976

SEC Form N-PORT, reports to 2026-07-31

27 U.S. funds held 2,565,902 shares worth $31.5m.

Fund	Shares	Value	% of fund	As of
VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND VANGUARD STAR FUNDS	538,608	$6.8m	0.001%	2026-07-31
DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO DFA INVESTMENT DIMENSIONS GROUP INC	454,000	$5.8m	0.040%	2026-07-31
VANGUARD DEVELOPED MARKETS INDEX FUND VANGUARD TAX-MANAGED FUNDS	388,323	$4.4m	0.001%	2026-06-30
THE JAPANESE SMALL COMPANY SERIES DFA INVESTMENT TRUST CO	216,000	$2.7m	0.068%	2026-07-31
Fidelity Japan Smaller Companies Fund Fidelity Investment Trust	208,400	$2.6m	0.603%	2026-07-31

Up to 25 funds per stock via the API.

Get this as JSON

GET /v1/companies/1976
GET /v1/companies/1976/financials
GET /v1/companies/1976/details
GET /v1/companies/1976/segments
GET /v1/companies/1976/voting
GET /v1/companies/1976/tender-offers
GET /v1/companies/1976/indicators
GET /v1/companies/1976/earnings-releases
GET /v1/events?ticker=1976
GET /v1/companies/1976/trades         
GET /v1/companies/1976/cross-holdings 
GET /v1/companies/1976/brief

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