MEIHO ENTERPRISE CO.,LTD. [8927.T]
TOKYO, May 27 (Pulse News Wire) – Meiho Enterprise CO.,LTD. (8927.T) reported its sales and purchases for the third quarter ending April 30, 2026.
During the period from August 1, 2025, to April 30, 2026, the company completed the delivery of 24 out of 27 planned units of newly constructed investment rental homes. Additionally, two development land parcels and one revenue-generating property were delivered. Despite completing 25 acquisitions compared to 29 in the same period last year, the company remains optimistic about future growth. It attributes the decrease to timing shifts in some acquisitions. Meiho continues to focus on long-term growth through strategic property purchases and expects continued strong demand for high-quality income properties in urban centers. In the third quarter, Meiho sold 24 residential units across various locations such as Setagaya, Shibuya, Shinjuku, and Minato wards.
Notable sales included 19 units in Erufaaro Gakugei Daigaku, 18 units in Erufaaro Toudai Mae, and 26 units in Erufaaro Meidai Mae. Development lands totaling 225.73 square meters in Shinkawa Ward and 297.80 square meters in Setagaya Ward were also sold. A revenue-generating property with 26 units located in Inagi City was another key sale. Looking ahead, Meiho anticipates challenges due to rising construction costs driven by higher oil prices and delayed building material procurement. However, the company believes these factors will not significantly impact its full-year performance forecast. Meiho plans to continue developing flexible business models to ensure sustainable growth and enhance corporate value.
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