Meiji Electric Industries Co.,Ltd. provided consolidated earnings guidance for the six months ending September 30, 2023 and fiscal year ending March 31, 2024. For the year, the company expects net sales of JPY 76,000 million, operating profit of JPY 2,960 million, profit attributable to owners of parent of JPY 2,200 million and earnings per share of JPY 173.89.

For the six months, the company expects net sales of JPY 35,600 million, operating profit of JPY 1,140 million, profit attributable to owners of parent of JPY 860 million and earnings per share of JPY 67.98.