Meiho Enterprise Co., Ltd. · TSE:8927
Meiho Enterprise — FY2025 Earnings Presentation
34 slides from Meiho Enterprise's earnings presentation, September 2025
Slide 1: Fiscal Year Ended July 2025 Financial Results Explanatory Materials
Fiscal Year Ended July 2025 Financial Results Explanatory Materials Meiho Enterprise Co., Ltd. 8927 September 2025
Slide 2: Agenda
1. Overview of Consolidated Financial Results for the Fiscal Year Ending July 2025 2. Overview of Financial Results by Segment for the Fiscal Year Ending July 2025 3. Earnings Forecast for the Fiscal Year Ending July 2026 and Key Measures from Previous Fiscal Years 4. Appendix Copyright © Meiho Ente
Slide 3: 1. Overview of Consolidated Financial Results
1. Overview of Consolidated Financial Results for the Fiscal Year Ending July 2025 2. Overview of Financial Results by Segment for the Fiscal Year Ending July 2025 3. Earnings Forecast for the Fiscal Year Ending July 2026 and Key Measures from Previous Fiscal Years 4. Appendix Copyright © Meiho Ente
Slide 4: Executive Summary
Executive Summary Revenues Gross profit Operating profit 29,796 million yen 5,697 million yen 3,373 million yen (+44.9% YoY) (+25.2% YoY) (+44.1% YoY) ✓ Against the backdrop of the weak yen and low-interest-rate environment, there has been a continued and strong willingness to buy real estate. We be
Slide 5: Earnings Progress Rate
Earnings Progress Rate Sales of the EL FARO and MIJAS brands totaled 31 buildings, exceeding the previous fiscal year (24 buildings), and strong performance, where sales prices and profits also surpassed forecasts, led to an upward revision of the full-year earnings forecast. Full-Year Earnings Fore
Slide 6: PL Summary
PL Summary The real estate development business served as a major driver of earnings. Revenues increased 44.9%, ordinary profit 41.6%, and net profit 37.7% over the previous fiscal year. Fiscal year ended Revenue Fiscal year ended Revenue YoY July 2024 composition July 2025 composition (Unit: Millio
Slide 7: Revenue Transition
Revenue Transition Sales continued to grow, reaching 29,796 million yen of revenues (up 44.9% from the previous fiscal year). +44.9% Transition of Quarterly Consolidated Revenues (Unit: Million yen) 29,796 20,562 19,843 16,876 15,247 11,160 11,752 10,868 9,727 7,192 5,958 4,918 2,897 3,385 1,682 1,6
Slide 8: Transition of Operating Profit and Operating Profit Ratio
Transition of Operating Profit and Operating Profit Ratio Operating profit margin for this fiscal year reached 11.3% (same as the previous fiscal year). Transition of Quarterly Consolidated Operating Profit Ratio 12.6% 13.7% 10.0% 10.1% 11.3% 10.2% 8.9% 10.5% 11.3% 8.9% 8.6% 6.9% 6.1% 4.9% 2.5% 2.6%
Slide 9: Analysis of Changes in Ordinary Profit
Analysis of Changes in Ordinary Profit Analysis of Changes in Ordinary Profit (Unit: Million yen) 9,234 2,683 1,895 △ 8,088 △ 113 △ 19 △ 225 0 2024年7月期 売上高増 売上原価増 販管費増 営業外収益減 営業外費用増 2025年7月期 経常利益 経常利益 <Breakdown of Major Items> Development Real estate Personnel Interest Interest +8,452 +7,622 +103 (
Slide 10: Major Topics for the Fiscal Year Ended July 2025
Major Topics for the Fiscal Year Ended July 2025 April 1, 2025 Meiho Enterprise Group's first new employees join the company after completing an internship for prospective employees April 24, 2025 Meiho Enterprise acquires shares of general construction company Kyoeigumi, Ltd. (making it a wholly-ow
Slide 11: Progressive Dividends and Shareholder Benefits
Progressive Dividends and Shareholder Benefits PICK UP 1 ■Progressive Dividends Maintain or gradually increase dividends based on a general policy of sustaining progressive dividends. Transition of Dividend Amount 15 (Yen) 13.0 11.0 12.0 10 9.0 8.0 8.0 5 5.0 5.0 0 2019 2020 2021 2022 2023 2024 2025
Slide 12: Current Initiatives for LOS ARCOS
Current Initiatives for LOS ARCOS PICK UP 2 Meiho Enterprise finalizes exterior design and logo for new brand LOS ARCOS for newly built investment rental condominiums Exterior design that fuses the traditional beauty of Spanish architecture with modern design (1) Overall decor (2) Wall surface on th
Slide 13: Medium-Term Management Plan
Medium-Term Management Plan PICK UP 3 Aim for even more sustainable growth based on a revenue foundation built through vertical integration. From a vertical integration strategy to a Stabilize revenues and maximize corporate value. vertical integration/horizontal expansion strategy ⚫ Achieve both hi
Slide 14: B/S
B/S Fiscal year ended Fiscal year ended Changes Remarks (Unit: Million yen) July 2024 July 2025 Current assets 25,301 26,639 1,338 Inventories decreased by 541 million yen Non-current assets 2,803 2,460 (343) due to real estate sales, while cash and deposits increased by 1,983 million yen Total asse
Slide 15: Shareholder Returns
Shareholder Returns With a dividend increase (plus one yen) for three consecutive periods following the previous year, we plan a dividend of 12 yen per share. Based on our progressive dividend policy, the dividend forecast for the fiscal year ending July 2026 is 13 yen per share (dividend increase o
Slide 16: 2. Overview of Financial Results by Segment
1. Overview of Consolidated Financial Results for the Fiscal Year Ending July 2025 2. Overview of Financial Results by Segment for the Fiscal Year Ending July 2025 3. Earnings Forecast for the Fiscal Year Ending July 2026 and Key Measures from Previous Fiscal Years 4. Appendix Copyright © Meiho Ente
Slide 17: Overview of Financial Results by Segment
Overview of Financial Results by Segment Operate the construction, leasing, and brokerage businesses with real estate development at the core. Approximately 81.8% of Group revenues come from the real estate development business. Leasing and management of our main brands Brokerage Other Leasing 5.4%
Slide 18: Real estate development business
Real estate development business Achieve significant growth in both revenues and segment profit through the delivery of newly built whole-building investment rental condominium EL FARO and newly built whole-building investment rental apartment MIJAS, as well as the sale of properties for development
Slide 19: Real Estate Development Business: Ongoing Projects
Real Estate Development Business: (Reference) Ongoing Projects Acquiring properties for development projects mainly in well-located areas 9 minutes on foot from Meguro Station on the JR 10 minutes on foot from Meidaimae Station on the 9 minutes on foot from Nakameguro Station on the Yamanote Line Ke
Slide 20: Real Estate Leasing Business
Real Estate Leasing Business The occupancy ratio of entrusted managed properties remained high. By providing a one-stop service that consistently handles everything from product creation to management, and by establishing a new customer-first organizational structure, we aim to increase the number o
Slide 21: Construction Business
Construction Business In addition to the EL FARO series, construction results by Kyoeigumi increased for properties outside the group. The segment deficit was reduced due to increased transactions outside the Meiho Group. Fiscal year Fiscal year ended July ended July Changes [Topics] (Unit: Million
Slide 22: 3. Earnings Forecast and Key Measures
1. Overview of Consolidated Financial Results for the Fiscal Year Ending July 2025 2. Overview of Financial Results by Segment for the Fiscal Year Ending July 2025 3. Earnings Forecast for the Fiscal Year Ending July 2026 and Key Measures from Previous Fiscal Years 4. Appendix Copyright © Meiho Ente
Slide 23: Earnings Forecast for the Fiscal Year Ending July 2026
Earnings Forecast for the Fiscal Year Ending July 2026 For the fiscal year ending July 2026, we will work to achieve a 26.2% increase in revenues and an 11.8% increase in ordinary profit through the delivery of approximately 37 ELFARO and MIJAS buildings. Fiscal year ended July 2025 Fiscal year ende
Slide 24: Key Measures from Previous Fiscal Years
Key Measures from Previous Fiscal Years We will continue to proactively work on expanding revenue and invest in human resources to support this. Key indicator Key indicator targets results 1 Strengthening of property supply Site purchasing target Site purchasing results ⚫ Focusing on purchasing good
Slide 25: 4. Appendix
1. Overview of Consolidated Financial Results for the Fiscal Year Ending July 2025 2. Overview of Financial Results by Segment for the Fiscal Year Ending July 2025 3. Earnings Forecast for the Fiscal Year Ending July 2026 and Key Measures from Previous Fiscal Years 4. Appendix Copyright © Meiho Ente
Slide 26: Company Overview
Company Overview “Developer focusing on manufacturing” Company name Meiho Enterprise Co., Ltd. Representative Mitsuru Yabuki, President, Chairman & Representative Director Founded September 09, 1968 Tokyo Head Office Location 4th Floor Meguro Yamate Place, 2-10-11 Meguro, Meguro-ku, Tokyo Share capi
Slide 27: History
History January Registered as a first-class qualified architect's office July 2007 Launched industry-academia collaborative research with Waseda 2003 University February In our Sunfull Takaido Pro Century, we adopted high-strength concrete May 2009 Absorbed Meiho Corporation Co., Ltd. 2003 and a dou
Slide 28: Our Characteristics
Our Characteristics A business structure for the real estate development business that generates differentiated added value The reason why we can secure a stable supply of units 1 2 3 4 5 Land Product planning Construction Leasing Sales acquisition From the track record of more We purchase sites tha
Slide 29: From vertical integration to vertical integration/horizontal expansion strategy
From a vertical integration strategy to a vertical integration/horizontal expansion strategy In addition to a system that achieves both high quality and high profitability by consistently handling everything from land acquisition to planning, design, construction, sales, and management and repair in
Slide 30: Strengths and Characteristics: Jonan and Josai areas
Strengths and Characteristics Provide properties mainly in the Jonan and Josai areas, which are particularly well-located within Tokyo's 23 wards Planning of a real estate investment strategy with good prospects for a high occupancy ratio and profitability, with consideration of geographical feature
Slide 31: Strengths and Characteristics: One-stop full support
Strengths and Characteristics - 2 One-stop full support for reliable apartment and condominium management through the Group's integrated system THE QUALITY OF MEIHO GROUP Construction management by first-class qualified 1 POINT architects and first-class building operation and management engineers B
Slide 32: Product description
Product description Meaning “lighthouse” in Spanish, newly-built whole-building investment rental housing featuring sturdy stone construction and timelessly beautiful form -EL FARO- Characteristics of EL FARO Project period: Approximately 18 months ✓ RC rental housing, supplied in well-located areas
Slide 33: Cautions Regarding this Material
Disclaimer Cautions Regarding this Material The information included in this material contains forward-looking statements such as earnings forecasts and business plans. This information is based on information currently available to the Company and certain assumptions that the Company believes to be
Slide 34: (KK Meiho Enterprise Co.,Ltd.
(KK Meiho Enterprise Co.,Ltd.