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Revision of earnings forecasts8927MEIHO ENTERPRISE CO.,LTD.Real Estate

Notice Regarding Revisions to the Consolidated Earnings Forecast for the Fiscal Year Ending July 2026

The full-year consolidated earnings forecast for the fiscal year ending July 2026 has been revised. Revenue has been reduced by ¥1,000 million, while operating profit, ordinary profit and net income attributable to owners of the parent have been increased. This is because the company now expects to secure higher profit margins and profit amounts than initially anticipated on its core investment-purpose rental apartment sales projects.

Worth reading
56In focus
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Direction
Mixed performance
Direction inferred from the company’s description.
Scale
30
% (change in ordinary profit)
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ending July 2026 · Full yearPrevious forecast published 11 September 2025
Net Sales37,600→36,600Millions of yen
-2.7%
Operating profit3,800→4,600Millions of yen
+21.1%
Ordinary income3,000→3,900Millions of yen
+30.0%
Profit attributable to owners of the parent2,000→2,500Millions of yen
+25.0%
Net income per share67.81→82.17yen and sen
+21.2%

The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.

Reason for the revision

The sales projects for EL FARO (エルファーロ), LOS ARCOS (ロスアルコス) and MIJAS (ミハス) in the core real estate development business are expected to secure higher profit margins and profit amounts than initially anticipated, resulting in each stage of profit exceeding the initial forecast.

Previous-period resultsRevenue: ¥29,796 million; operating profit: ¥3,373 million; ordinary profit: ¥2,683 million; net income attributable to owners of the parent: ¥1,893 million; net income per share: ¥64.21 (fiscal year ended July 2025)
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales37,600 Millions of yen → 36,600 Millions of yen(-2.7%)
Operating profit3,800 Millions of yen → 4,600 Millions of yen(+21.1%)
Ordinary income3,000 Millions of yen → 3,900 Millions of yen(+30.0%)
Profit attributable to owners of the parent2,000 Millions of yen → 2,500 Millions of yen(+25.0%)
Net income per share67.81 yen and sen → 82.17 yen and sen
Fiscal Period CoveredFiscal year ending July 2026
Period CoveredFull year
Publication date of previous forecast11 September 2025
Previous-period resultsRevenue: ¥29,796 million; operating profit: ¥3,373 million; ordinary profit: ¥2,683 million; net income attributable to owners of the parent: ¥1,893 million; net income per share: ¥64.21 (fiscal year ended July 2025)
Reason for the revisionThe sales projects for EL FARO (エルファーロ), LOS ARCOS (ロスアルコス) and MIJAS (ミハス) in the core real estate development business are expected to secure higher profit margins and profit amounts than initially anticipated, resulting in each stage of profit exceeding the initial forecast.
Consolidated / non-consolidatedConsolidated
Items this document does not state (2)
Details and amount of extraordinary lossDividend forecast revision

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

In the core real estate development business, the sales projects for EL FARO (エルファーロ), LOS ARCOS (ロスアルコス) and MIJAS (ミハス) are expected to secure higher profit margins and profit amounts than initially anticipated, resulting in each stage of profit exceeding the initial forecast.

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding Revisions to the Consolidated Earnings Forecast for the Fiscal Year Ending July 2026 | MEIHO ENTERPRISE CO.,LTD. (8927) timely disclosure | Komori