MEIHO ENTERPRISE CO.,LTD. [8927.T]
TOKYO, Jun 11 (Pulse News Wire) – Meiho Enterprise CO.,LTD. (8927.T) reported robust third-quarter results ending April 30, 2026, with revenue reaching ¥23.47 billion, up 18.3% year-over-year.
Operating profit stood at ¥2.669 billion, marking a significant increase of 28.1%. Net profit attributable to parent shareholders reached ¥1.569 billion, reflecting growth of 49.5%. In the real estate development sector, the company sold 23 units of investment property apartments and achieved strong sales performance, contributing significantly to its overall earnings. However, the real estate leasing division saw a decline due to policy changes, leading to reduced revenues but improved profitability compared to the same quarter last year.
As of April 30, 2026, total assets increased by 28 billion yen to 319.59 billion yen, primarily driven by cash inflows and investments in new development projects. Liabilities rose by 11 billion yen to 207 billion yen, mainly due to long-term borrowings for land acquisition. Shareholders’ equity grew by 16 billion yen to 112 billion yen, boosting the capital adequacy ratio to 35.1%. For the fiscal year ending July 2026, MEIHO ENTERPRISE maintains its previous forecast, expecting continued stable operations across key markets and further expansion in profits through concerted efforts within the group.
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