TOKYO, Mar 17 (Pulse News Wire) – Meiho Enterprise CO.,LTD. (8927.T) revised its fiscal 2026 July-term second quarter earnings forecast due to delays in real estate sales.
Sales fell below expectations but operating profit exceeded forecasts. For the period ending January 31, 2026, the company reported sales of ¥14.86 billion compared to the previous estimate of ¥16.10 billion. Operating profit was ¥1.440 billion versus the earlier projection of ¥1.400 billion. Current quarter figures also showed higher-than-expected ordinary profit of ¥1.202 billion and net income attributable to parent shareholders of ¥859 million.
The discrepancy stems from delayed sales schedules pushing planned transactions into the next accounting period, leading to lower revenue. However, unexpected cancellation fees and higher-than-projected margins on completed deals boosted profitability metrics. Despite these variances, Meiho maintained its full-year guidance, citing stable ongoing operations and favorable conditions. Nonetheless, the firm cautioned that future economic factors could impact final results.
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