TOKYO, May 15 (Pulse News Wire) – Meiho Holdings,inc. (7369.T) reported lower revenue and operating profit for the quarter ended June 2026 due to temporary impacts on its construction business.
However, the company maintained strong order intake and backlog levels, indicating a solid foundation for future performance. For the quarter, revenue was ¥61 million compared to the previous year, while net income stood at ¥245 million. Operating profit declined to ¥631 million from ¥802 million in the same period last year. Despite the drop in revenue, the company's order book increased, reflecting robust demand across its operations.
In addition to the quarterly results, Meiho Holdings highlighted two strategic acquisitions made during the quarter. The firm acquired Tano Construction in March 2026, expanding its presence in the Chubu region and enhancing its local construction network. Additionally, the company took over the human resources dispatching business of Trive Corporation’s Hokkaido branch, broadening its service offerings in the northern prefecture. These moves underscore Meiho Holdings’ commitment to diversifying its portfolio and strengthening its regional footprint through targeted acquisitions.
While the immediate impact on the consolidated earnings was minor, management expects these initiatives to contribute positively to long-term growth and profitability.
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