Meiwa Estate Company Limited

8869・Standard Market・Real Estate

Official website

Meiwa Estate Company Limited

8869・Standard Market・Real Estate

Official website

Meiwa Estate Company Limited8869

Reference Indicators

Market Cap

195¥100M

P/E (Forecast)

6.7x

P/B

0.5x

Dividend Yield (Forecast)

4.81%

ROE

10.8%

EV/EBITDA

10.6x

Financial Summary

Unit: ¥M

Item	2022Mar 2022	2023Mar 2023	2024Mar 2024	2025Mar 2025	2026Mar 2026
Net Sales	57,209	62,319	71,250	79,902	90,108
Cost of Sales	44,276	46,663	55,717	63,333	70,929
Gross Profit	12,932	15,656	15,532	16,569	19,178
SG&A Expenses	8,762	9,714	10,559	11,328	11,427
Operating Income	4,169	5,941	4,973	5,240	7,751
Non-operating Income	129	132	180	156	361
Non-operating Expenses	1,139	1,083	1,162	1,627	2,221
Ordinary Income	3,160	4,989	3,990	3,769	5,891
Extraordinary Income	6	6	144	229	3
Extraordinary Losses	24	145	249	7	10
Pre-tax Income	3,142	4,850	3,885	3,991	5,885
Income Taxes	544	434	1,104	1,093	2,058
Net Income	2,597	4,415	2,781	2,897	3,826
EBITDA	4,366	6,159	5,218	5,492	8,031
Gross Margin	22.6%	25.1%	21.8%	20.7%	21.3%
Operating Margin	7.3%	9.5%	7.0%	6.6%	8.6%
ROA	2.7%	3.8%	2.2%	1.9%	2.5%
ROE	9.9%	15.6%	9.0%	8.8%	10.8%

Segment Performance

Unit: ¥M

2026

Segment	Net Sales	Operating Income	Operating Margin
分譲事業	55,196	5,582	10.1%
流通事業	27,464	2,146	7.8%
管理事業	6,656	644	9.7%
賃貸事業	661	230	34.8%
その他	130	67	51.5%