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8869 — Meiwa Estate News Story

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FinancialsBalancedSmall CapValue Trap

Table: Meiwa Estate -2020/21 parent results

May 10 (Reuters)- 
          Meiwa Estate Co Ltd 
          PARENT-ONLY FINANCIAL HIGHLIGHTS 
     (in billions of yen unless specified)
                 Year ended      Year ended       Year to     NEXT     
              Mar 31, 2021    Mar 31, 2020   Mar 31, 2022     YEAR     
                 LATEST         YEAR-AGO        COMPANY      COMPANY   
                 RESULTS         RESULTS       FORECAST    H1 FORECAST 
  Sales           44.87           35.36          52.10                 
               (+26.9 pct)     (-21.3 pct)                             
  Operating        3.17            1.17                                
              (+171.2 pct)     (-51.8 pct)                             
  Recurring        2.89            1.07           3.00                 
              (+169.1 pct)     (-50.8 pct)                             
  Net              2.73          900 mln          2.60                 
              (+202.7 pct)     (-54.4 pct)                             
  EPS          109.54 yen       36.18 yen     104.44 yen               
  Ann Div       35.00 yen       15.00 yen      30.00 yen               
  -Q2 Div          NIL             NIL            NIL                  
  -Q4 Div       35.00 yen       15.00 yen      30.00 yen               
  
  NOTE - Meiwa Estate Co Ltd. 
  To see Company Overview page, click reuters://REALTIME/verb=CompanyData/ric=8869.T

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