MEIHO ENTERPRISE CO.,LTD. [8927.T]
TOKYO, Jun 18 (Pulse News Wire) – Meiho Enterprise CO.,LTD. (8927.T) reported strong growth in its fiscal July 2026 third quarter compared to the same period last year, driven primarily by increased sales and profits from real estate development and construction projects.
The company noted a rise in the number of sold units from 21 to 24 and an increase in ongoing construction projects from 10 to 12. However, MEIHO remains cautious about future economic conditions, citing potential challenges such as rising raw material costs, land prices, and interest rates. Despite favorable current sales trends, the company emphasized the need to monitor these factors closely and adapt strategies accordingly.
Regarding shareholder returns, MEIHO plans to continue its progressive dividend policy, forecasting a ¥13 per share annual payout for the fiscal year ending July 2026. Additionally, the company introduced a new shareholder benefits program aimed at enhancing long-term value and investor satisfaction. In light of geopolitical uncertainties, particularly concerning the Middle East, MEIHO stated that while immediate impacts on its operations are limited, it will maintain vigilance and implement measures to mitigate risks associated with supply chain disruptions and cost fluctuations.
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