Komori
Meiwa Estate (8869) · TargetAdvancedLatest Earnings presentation (2026-08-10): "Worsened"

Enhancing Corporate Value Through High Growth and Improved Profitability

First written in FY2016. 18 of 42 entries say "Worsened", first in FY2017-Q1. Latest entry: 2026-08-10.

42entries
11years
5from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2025-H1 – FY20262016: 320162017: 420172018: 420182019: 420192020: 420202021: 420212022: 420222023: 420232024: 320242025: 220252026: 62026
Same theme, other companies
Management that links growth potential and productivity to earnings and financial strengthA theme 44 companies write about · 0 as a headwind · 44 as a tailwind

Meiwa Estate moved to the "Worse" side of this theme in 2018, 4 years before the typical company in this theme (2022).

The whole theme swung hardest in 2018: 3 of 31 companies on the "Worse" side.

4 other companies' latest entry also says "Worsened".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 44 companies compared. The sentences above are computed from all 44.
Full recordFilings, disclosures and news, newest first
  2. FY2026AdvancedAnnual report

    「As a result, for the fiscal year, the Group reported revenue of ¥90,108 million (up 12.8% year on year), operating income of ¥7,751 million (up 47.9%), ordinary income of ¥5,891 million (up 56.3%), and profit attributable to owners of the parent of ¥3,826 million (up 32.1%).」

    In FY2026, revenue, operating income, ordinary income and net income all exceeded the previous fiscal year. Revenue and profit also significantly exceeded the targets of the medium-term management plan.
  4. FY2026-H1AdvancedAnnual report

    「As a result, for the interim consolidated accounting period, the Group reported revenue of ¥58,991 million (up 69.4% year on year), operating income of ¥7,707 million (up 185.0%), ordinary income of ¥6,990 million (up 223.2%), and interim net income attributable to owners of the parent of ¥4,829 million (up 193.7%), resulting in higher revenue and profit.」

    Interim revenue, operating income, ordinary income and interim net income attributable to owners of the parent significantly exceeded the prior-year period, indicating improved operating measures of growth and profitability.
  5. FY2025AdvancedAnnual report

    「For the fiscal year, the first year of this plan, both revenue and profit reached plan.」

    The Company said it achieved both its revenue and profit targets in the first year of Medium-Term Management Plan 2027. Full-year revenue was ¥79,902 million, operating income was ¥5,240 million, and profit attributable to owners of the parent was ¥2,897 million.
  6. FY2025-H1AdvancedAnnual report

    「For the interim consolidated accounting period, the Group reported revenue of ¥34,825 million (up 15.9% year on year), operating income of ¥2,704 million (up 56.9%), ordinary income of ¥2,162 million (up 82.0%), and interim net income attributable to owners of the parent of ¥1,644 million (up 48.0%), resulting in higher revenue and profit.」

    Interim revenue, operating income, ordinary income and interim net income attributable to owners of the parent all exceeded the prior-year period, resulting in higher revenue and profit. The operating measures of growth and profitability improved from the prior-year interim period.
  7. FY2024Revenue Growth and Earnings DeclineAnnual report

    「As a result, for the fiscal year, the Group reported revenue of ¥71,250 million (up 14.3% year on year), operating income of ¥4,973 million (down 16.3%), ordinary income of ¥3,990 million (down 20.0%), and profit attributable to owners of the parent of ¥2,781 million (down 37.0%).」

    Revenue increased 14.3% year on year, while operating income, ordinary income and profit attributable to owners of the parent declined. The growth and profitability indicators therefore moved in different directions.
  8. FY2024-Q3Higher revenue and profit; full-year forecast revised downwardAnnual report

    「For the third quarter cumulative consolidated period, the Group reported revenue of ¥37,489 million (up 33.3% year on year), operating income of ¥953 million (up 136.2%), ordinary income of ¥181 million (compared with an ordinary loss of ¥535 million in the prior-year period), and profit attributable to owners of the parent of ¥208 million (compared with a quarterly net loss attributable to owners of the parent of ¥440 million in the prior-year period), resulting in higher revenue and profit.」

    For the nine months ended the third quarter, revenue, operating income, ordinary income and quarterly profit improved from the prior-year period, supported by increased deliveries. However, delays occurred in deliveries of 2 buildings scheduled for late March, and the full-year forecast was revised below the initial forecast, resulting in mixed developments.
  9. FY2024-Q2AdvancedAnnual report

    「For the second quarter cumulative consolidated period, the Group reported revenue of ¥30,048 million (up 69.9% year on year), operating income of ¥1,723 million (compared with ¥71 million in the prior-year period), ordinary income of ¥1,188 million (compared with an ordinary loss of ¥527 million in the prior-year period), and profit attributable to owners of the parent of ¥1,110 million (compared with a quarterly net loss attributable to owners of the parent of ¥421 million in the prior-year period), resulting in higher revenue and profit.」

    Against a backdrop of increased condominium deliveries, revenue, operating income, ordinary income and quarterly profit improved significantly from the prior-year period, resulting in higher revenue and profit.
  10. FY2024-Q1AdvancedAnnual report

    「For the first quarter cumulative consolidated period, the Group reported revenue of ¥14,058 million (up 20.6% year on year), operating income of ¥934 million (up 13.7%), ordinary income of ¥685 million (up 28.7%), and profit attributable to owners of the parent of ¥585 million (up 23.1%), resulting in higher revenue and profit.」

    Against a backdrop of strong performance in the distribution business, revenue and each profit measure exceeded the prior-year period, indicating improved operating measures of growth and profitability.
  11. FY2023AdvancedAnnual report

    「As a result, for the fiscal year, the Group reported revenue of ¥62,319 million (up 8.9% year on year), operating income of ¥5,941 million (up 42.5%), ordinary income of ¥4,989 million (up 57.9%), and profit attributable to owners of the parent of ¥4,415 million (up 70.0%).」

    Revenue and each profit measure exceeded the previous fiscal year, with operating income, ordinary income and profit attributable to owners of the parent increasing particularly sharply. The operating measures of growth and profitability improved from the previous year.
  12. FY2023-Q3WorsenedAnnual report

    「For the third quarter cumulative consolidated period, the Group reported revenue of ¥28,128 million (down 14.4% year on year), operating income of ¥403 million (down 70.0%), an ordinary loss of ¥535 million (compared with ordinary income of ¥631 million in the prior-year period), and a quarterly net loss attributable to owners of the parent of ¥440 million (compared with quarterly net income attributable to owners of the parent of ¥492 million in the prior-year period).」

    Revenue and operating income fell below the prior-year period, and the Group recorded an ordinary loss and a quarterly net loss attributable to owners of the parent. The operating measures of growth and profitability deteriorated further from the previous quarterly report.
  13. FY2023-Q2WorsenedAnnual report

    「For the second quarter cumulative consolidated period, the Group reported revenue of ¥17,684 million (down 25.7% year on year), operating income of ¥71 million (down 93.6%), an ordinary loss of ¥527 million (compared with ordinary income of ¥717 million in the prior-year period), and a quarterly net loss attributable to owners of the parent of ¥421 million (compared with quarterly net income attributable to owners of the parent of ¥563 million in the prior-year period).」

    Revenue and operating income for the six months ended the second quarter fell below the prior-year period, and the Group recorded an ordinary loss and a quarterly net loss attributable to owners of the parent. The operating measures of growth and profitability deteriorated.
  14. FY2023-Q1WorsenedAnnual report

    「For the first quarter cumulative consolidated period, the Group reported revenue of ¥11,654 million (down 17.8% year on year), operating income of ¥822 million (down 12.4%), ordinary income of ¥532 million (down 29.5%), and profit attributable to owners of the parent of ¥475 million (down 24.0%).」

    Revenue, operating income, ordinary income and profit attributable to owners of the parent all declined year on year, indicating deterioration in the operating measures of growth and profitability.
  15. FY2022Revenue and operating income increased; net income declinedAnnual report

    「For the fiscal year, the Group steadily delivered contracted units and reported revenue of ¥57,209 million (compared with ¥50,109 million in the previous fiscal year), operating income of ¥4,169 million (up 15.0% year on year), ordinary income of ¥3,160 million (up 5.1%), and profit attributable to owners of the parent of ¥2,597 million (down 4.5%).」

    Revenue, operating income and ordinary income exceeded the previous fiscal year, while profit attributable to owners of the parent declined 4.5%. The growth and profitability indicators therefore moved in mixed directions.
  16. FY2022-Q3WorsenedAnnual report

    「For the third quarter cumulative consolidated period, the number of newly built condominium units delivered declined from the prior-year period. The Group reported revenue of ¥32,864 million (compared with ¥42,250 million in the prior-year period), operating income of ¥1,344 million (down 62.2% year on year), ordinary income of ¥631 million (down 79.8%), and profit attributable to owners of the parent of ¥492 million (down 81.0%).」

    Against a backdrop of fewer newly built condominium deliveries, operating income, ordinary income and profit attributable to owners of the parent fell significantly below the prior-year period. The Company said application of the revenue recognition standard affected the year-on-year revenue comparison.
  17. FY2022-Q2WorsenedAnnual report

    「For the second quarter cumulative consolidated period, the number of newly built condominium units delivered declined from the prior-year period. The Group reported revenue of ¥23,801 million (compared with ¥28,962 million in the prior-year period), operating income of ¥1,109 million (down 56.2% year on year), ordinary income of ¥717 million (down 68.9%), and profit attributable to owners of the parent of ¥563 million (down 70.9%).」

    Against a backdrop of fewer newly built condominium deliveries, revenue and each profit measure fell below the prior-year period, indicating deterioration in the operating measures of growth and profitability.
  18. FY2022-Q1WorsenedAnnual report

    「For the first quarter cumulative consolidated period, the number of newly built condominium units delivered declined from the prior-year period. Advertising expenses also increased as the number of newly launched properties rose. The Group reported revenue of ¥14,175 million (compared with ¥19,711 million in the prior-year period), operating income of ¥938 million (down 62.6% year on year), ordinary income of ¥755 million (down 68.2%), and profit attributable to owners of the parent of ¥625 million (down 68.6%).」

    The decline in deliveries of newly built condominiums and higher advertising expenses caused operating income, ordinary income and quarterly profit to fall significantly below the prior-year period. The Company said application of the revenue recognition standard affected the year-on-year revenue comparison.
  19. FY2021AdvancedAnnual report

    「For the fiscal year, the Group delivered contracted units as planned and reported revenue of ¥50,109 million (up 23.6% year on year), operating income of ¥3,626 million (up 121.3%), ordinary income of ¥3,007 million (up 184.0%), and profit attributable to owners of the parent of ¥2,721 million (up 448.3%).」

    Deliveries of contracted units were completed as planned, and revenue, operating income, ordinary income and full-year profit all exceeded the previous year. Operating income, ordinary income and profit increased particularly sharply, indicating improved operating measures of growth and profitability.
  20. FY2021-Q3AdvancedAnnual report

    「For the third quarter cumulative consolidated period, the Group reported revenue of ¥42,250 million (up 37.9% year on year), operating income of ¥3,554 million (up 157.8%), ordinary income of ¥3,132 million (up 227.3%), and profit attributable to owners of the parent of ¥2,595 million (up 254.4%), as deliveries of contracted units progressed steadily.」

    As deliveries of contracted units progressed steadily, revenue and each profit measure exceeded the prior-year period, with the operating measures of growth and profitability improving significantly.
  21. FY2021-Q2AdvancedAnnual report

    「For the second quarter cumulative consolidated period, the Group reported revenue of ¥28,962 million (up 41.6% year on year), operating income of ¥2,531 million (up 236.7%), ordinary income of ¥2,304 million (up 399.1%), and profit attributable to owners of the parent of ¥1,932 million (up 395.2%), as deliveries of contracted units progressed smoothly.」

    As deliveries of contracted units progressed smoothly, revenue and each profit measure significantly exceeded the prior-year period, indicating improved operating measures of growth and profitability.
  22. FY2021-Q1AdvancedAnnual report

    「For the first quarter cumulative consolidated period, the number of units delivered increased from the prior-year period, partly because some units scheduled for delivery in the previous fiscal year were moved into the current fiscal year as a measure to address COVID-19. The Group reported revenue of ¥19,711 million (up 139.1% year on year), operating income of ¥2,510 million (up 916.7%), ordinary income of ¥2,378 million (compared with ordinary income of ¥109 million in the prior-year period), and profit attributable to owners of the parent of ¥1,994 million (compared with quarterly profit of ¥110 million in the prior-year period).」

    Against a backdrop of changes in delivery timing, revenue, operating income, ordinary income and quarterly profit all significantly exceeded the prior-year period, indicating improved operating measures of growth and profitability.
  23. FY2020WorsenedAnnual report

    「As a result, for the fiscal year, the Group reported revenue of ¥40,531 million (down 18.9% year on year), operating income of ¥1,638 million (down 45.5%), ordinary income of ¥1,058 million (down 56.4%), and profit attributable to owners of the parent of ¥496 million (down 75.6%).」

    Full-year revenue and each profit measure fell below the previous year, with profit attributable to owners of the parent declining 75.6%. The operating measures of growth and profitability deteriorated from the previous year.
  24. FY2020-Q3AdvancedAnnual report

    「As a result, for the third quarter cumulative consolidated period, the Group reported revenue of ¥30,649 million (up 0.8% year on year), operating income of ¥1,378 million (up 48.0%), ordinary income of ¥957 million (up 80.9%), and profit attributable to owners of the parent of ¥732 million (up 82.2%).」

    Revenue increased year on year, while operating income, ordinary income and profit attributable to owners of the parent rose sharply. The operating measures of growth and profitability improved from the previous quarterly report.
  25. FY2020-Q2WorsenedAnnual report

    「As a result, for the second quarter cumulative consolidated period, the Group reported revenue of ¥20,455 million (down 14.5% year on year), operating income of ¥751 million (down 41.2%), ordinary income of ¥461 million (down 54.4%), and profit attributable to owners of the parent of ¥390 million (down 55.7%).」

    Revenue, operating income, ordinary income and profit attributable to owners of the parent for the six months ended the second quarter all fell below the prior-year period.
  26. FY2020-Q1WorsenedAnnual report

    「As a result, for the first quarter cumulative consolidated period, the Group reported revenue of ¥8,243 million (down 38.4% year on year), operating income of ¥246 million (down 73.7%), ordinary income of ¥109 million (down 86.4%), and profit attributable to owners of the parent of ¥110 million (down 82.2%).」

    Revenue, operating income, ordinary income and profit attributable to owners of the parent all fell below the prior-year period, indicating a significant deterioration in the operating measures of growth and profitability.
  27. FY2019Revenue and operating income increased; ordinary income and net income declinedAnnual report

    「As a result, for the fiscal year, the Group reported revenue of ¥49,971 million (up 3.9% year on year), operating income of ¥3,004 million (up 0.4%), ordinary income of ¥2,431 million (down 2.9%), and profit attributable to owners of the parent of ¥2,034 million (down 0.4%).」

    Revenue and operating income exceeded the previous year, while ordinary income and profit attributable to owners of the parent fell below it. The growth and profitability indicators therefore moved in mixed directions.
  28. FY2019-Q3WorsenedAnnual report

    「As a result, for the third quarter cumulative consolidated period, the Group reported revenue of ¥30,395 million (down 10.3% year on year), operating income of ¥931 million (down 53.9%), ordinary income of ¥529 million (down 68.4%), and profit attributable to owners of the parent of ¥401 million (down 71.8%).」

    Revenue and each profit measure for the nine months ended the third quarter fell below the prior-year period. The declines in operating income, ordinary income and profit attributable to owners of the parent were particularly pronounced, indicating deterioration in the operating measures of growth and profitability.
  29. FY2019-Q2WorsenedAnnual report

    「As a result, for the second quarter cumulative consolidated period, the Group reported revenue of ¥23,915 million (down 18.9% year on year), operating income of ¥1,278 million (down 47.6%), ordinary income of ¥1,012 million (down 54.4%), and profit attributable to owners of the parent of ¥881 million (down 53.4%).」

    Revenue and each profit measure for the six months ended the second quarter fell below the prior-year period, indicating deterioration in the operating measures of growth and profitability.
  30. FY2019-Q1WorsenedAnnual report

    「As a result, for the first quarter cumulative consolidated period, the Group reported revenue of ¥13,386 million (down 33.7% year on year), operating income of ¥939 million (down 56.7%), ordinary income of ¥810 million (down 60.8%), and profit attributable to owners of the parent of ¥620 million (down 64.6%).」

    Revenue, operating income, ordinary income and profit attributable to owners of the parent all fell below the prior-year period, indicating a deterioration in the operating measures of growth and profitability.
  31. FY2018WorsenedAnnual report

    「The Group reported revenue of ¥48,105 million (down 9.5% year on year), operating income of ¥2,991 million (down 26.7%), ordinary income of ¥2,503 million (down 29.4%), and profit attributable to owners of the parent of ¥2,042 million (down 35.5%).」

    Full-year revenue, operating income, ordinary income and profit attributable to owners of the parent all fell below the previous year, indicating deterioration in the operating measures of growth and profitability.
  32. FY2018-Q3Revenue and operating income increased; net income declinedAnnual report

    「For the third quarter cumulative consolidated period, the Group reported revenue of ¥33,874 million (up 4.7% year on year), operating income of ¥2,020 million (up 0.4%), ordinary income of ¥1,674 million (up 3.9%), and profit attributable to owners of the parent of ¥1,424 million (down 3.7%).」

    Revenue, operating income and ordinary income exceeded the prior-year period, while profit attributable to owners of the parent declined. The growth and profitability indicators therefore moved in mixed directions.
  33. FY2018-Q2AdvancedAnnual report

    「For the second quarter cumulative consolidated period, the Group reported revenue of ¥29,500 million (up 13.8% year on year), operating income of ¥2,439 million (up 23.7%), ordinary income of ¥2,219 million (up 29.4%), and profit attributable to owners of the parent of ¥1,890 million (up 21.2%).」

    For the six months ended the second quarter, revenue, operating income, ordinary income and profit attributable to owners of the parent all exceeded the prior-year period, providing quantitative evidence of improved growth and profitability.
  34. FY2018-Q1AdvancedAnnual report

    「For the first quarter cumulative consolidated period, the Group reported revenue of ¥20,188 million (up 14.0% year on year), operating income of ¥2,170 million (up 31.4%), ordinary income of ¥2,067 million (up 35.0%), and profit attributable to owners of the parent of ¥1,751 million (up 25.5%).」

    Revenue, operating income, ordinary income and profit attributable to owners of the parent all increased year on year, indicating an improvement in the operating measures of growth and profitability from the deterioration seen in the prior year's cumulative quarterly results.
  35. FY2017AdvancedAnnual report

    「In addition to delivering condominium units broadly as planned, cost reductions and other measures enabled both revenue and profit to exceed plan. Accordingly, for the fiscal year, the Group reported revenue of ¥53,145 million (up 17.7% year on year), operating income of ¥4,082 million (up 32.1%), ordinary income of ¥3,546 million (up 35.3%), and profit attributable to owners of the parent of ¥3,166 million (up 42.0%).」

    Although growth and profitability had deteriorated on a cumulative quarterly basis, full-year revenue and profit exceeded plan and increased year on year.
  36. FY2017-Q3WorsenedAnnual report

    「For the third quarter cumulative consolidated period, the Group reported revenue of ¥32,359 million (down 16.0% year on year), operating income of ¥2,012 million (down 35.4%), ordinary income of ¥1,611 million (down 42.0%), and profit attributable to owners of the parent of ¥1,478 million (down 40.1%).」

    Revenue, operating income, ordinary income and profit attributable to owners of the parent all declined year on year, with the operating measures of growth and profitability deteriorating further from the previous quarter.
  37. FY2017-Q2WorsenedAnnual report

    「For the second quarter cumulative consolidated period, the Group reported revenue of ¥25,926 million (down 9.7% year on year), operating income of ¥1,971 million (down 26.9%), ordinary income of ¥1,715 million (down 30.9%), and profit attributable to owners of the parent of ¥1,559 million (down 28.2%).」

    Revenue, operating income, ordinary income and profit attributable to owners of the parent all declined year on year, indicating that the operating measures of growth and profitability continued to deteriorate.
  38. FY2017-Q1WorsenedAnnual report

    「For the first quarter cumulative consolidated period, the Group reported revenue of ¥17,714 million (down 21.9% year on year), operating income of ¥1,651 million (down 41.0%), ordinary income of ¥1,531 million (down 43.4%), and profit attributable to owners of the parent of ¥1,395 million (down 41.9%).」

    Revenue and profit declined year on year, indicating deterioration in the operating measures of growth and profitability. The Company nevertheless said it expects to broadly achieve its real estate revenue plan for the fiscal year.
  39. FY2016First statedAnnual report

    「While achieving high growth across the Group, we aim to further enhance corporate value by improving profitability.」

    The Company identifies growth, profitability and enhancement of corporate value as comprehensive management objectives.
Moved together

"Focus on the Condominium Development Business" moved the same way as this thread, in the same document, in 28 of its 42 moves.

282018161310★123456
  1. ★This thread
  2. 1Focus on the Condominium Development Business28×
  3. 2Borrowing Dependence, Interest Rate and Refinancing Risk20×
  4. 3Risk of Declining Inventory and Fixed-Asset Values Due to Deteriorating Real Estate Market Conditions18×
  5. 4Strengthening Group Earnings Through the Expansion of Subsidiary Property Management and Brokerage Operations16×
  6. 5Credit Risk Relating to Customers and Trade Receivables13×
  7. 6Establishment of the Distribution Business Division and Strengthening of the Real Estate Distribution Business10×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Meiwa Estate's next results are scheduled for 2026-11-12. Read the earnings preview It last moved in the Earnings presentation of 2026-08-10: "Worsened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.