Meiji Electric Industries Co (TSE:3388) Interest Expense: 円-4 Mil (TTM As of Mar. 2026)

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TSE:3388 Meiji Electric Industries Co Ltd TSE:3388
69 GF Score
Price 円2,190.00
GF Value 円1,592.66
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Meiji Electric Industries Co Interest Expense?

Meiji Electric Industries Co TSE:3388 -1.40% 69 Interest Expense is 円-4 Mil as of Mar. 2026. GuruFocus rates TSE:3388 with a GF Score™ of 69/100 and a GF Value™ of 円1,592.66 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Meiji Electric Industries Co's interest expense for the six months ended in Mar. 2026 was 円 -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was 円-4 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Meiji Electric Industries Co's Operating Income for the six months ended in Mar. 2026 was 円 2,024 Mil. Meiji Electric Industries Co's Interest Expense for the six months ended in Mar. 2026 was 円 -2 Mil. Meiji Electric Industries Co's Interest Coverage for the quarter that ended in Mar. 2026 was 891.77. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Meiji Electric Industries Co  (TSE:3388) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Meiji Electric Industries Co's Interest Expense for the six months ended in Mar. 2026 was 円-2 Mil. Its Operating Income for the six months ended in Mar. 2026 was 円2,024 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2026 was 円0 Mil.

Meiji Electric Industries Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*2024.327/-2.27
=891.77

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Meiji Electric Industries Co Ltd has no debt.

Meiji Electric Industries Co Interest Expense Historical Data

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The historical data trend for Meiji Electric Industries Co's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Meiji Electric Industries Co Interest Expense Chart

Meiji Electric Industries Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.44 -11.15 -13.32 -7.18 -4.17

Meiji Electric Industries Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.21 -1.67 -5.51 -1.90 -2.27
TSE:3388
69GF Score
Meiji Electric Industries Co Ltd TSE:3388
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Meiji Electric Industries Co Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円-4 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of 円-4 Mil mean?
Meiji Electric Industries Co (TSE:3388) has a Interest Expense of 円-4 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Meiji Electric Industries Co and its competitors.
Is Meiji Electric Industries Co's Interest Expense too high?
Meiji Electric Industries Co's current Interest Expense is 円-4 Mil. Overall, Meiji Electric Industries Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Meiji Electric Industries Co's Interest Expense compare to COHR and KEYS?
Meiji Electric Industries Co's Interest Expense of 円-4 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Hardware company?
A good Interest Expense depends on the Hardware industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Meiji Electric Industries Co and its competitors. Meiji Electric Industries Co's current Interest Expense is 円-4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meiji Electric Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Meiji Electric Industries Co (TSE:3388) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,592.66, compared to a current price of 円2,190.00 — trading 37.5% above its estimated fair value. The current Interest Expense is 円-4 Mil. Meiji Electric Industries Co's overall GF Score™ is 69/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Meiji Electric Industries Co (TSE:3388), the current Interest Expense is 円-4 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Meiji Electric Industries Co (TSE:3388) Overvalued in 2026?

Based on GuruFocus' analysis, Meiji Electric Industries Co stock appears to be overvalued. The current stock price of 円2,190.00 is trading 37.5% above its estimated GF Value™ of 円1,592.66. GuruFocus considers Meiji Electric Industries Co to be Significantly Overvalued.

Key valuation signals for TSE:3388:

  • Interest Expense: 円-4 Mil
  • GF Value™: 円1,592.66 vs. price of 円2,190.00 (37.5% above fair value)
  • GF Score™: 69/100 with 2 warning signs

No single metric tells the full story. See the TSE:3388 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Meiji Electric Industries Co Business Description

Address 2-13-8 Kamejima, Nakamura-ku, Aichi, Nagoya, JPN
Meiji Electric Industries Co Ltd is a distributor of factory automation components. It also sells functional parts for electric equipment and automatic power saving electrical appliances and instruments.
69GF Score

Get the complete analysis for TSE:3388

Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円2,190.00
Price
円1,592.66
GF Value