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8869 — Meiwa Estate News Story

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FinancialsBalancedSmall CapValue Trap

Table: Meiwa Estate -2021/22 parent results

May 12 (Reuters)- 
          Meiwa Estate Co Ltd 
          PARENT-ONLY FINANCIAL HIGHLIGHTS 
     (in billions of yen unless specified)
                 Year ended      Year ended       Year to     NEXT     
              Mar 31, 2022    Mar 31, 2021   Mar 31, 2023     YEAR     
                 LATEST         YEAR-AGO        COMPANY      COMPANY   
                 RESULTS         RESULTS       FORECAST    H1 FORECAST 
  Sales           51.99           44.87          56.00                 
                               (+26.9 pct)    (+7.7 pct)               
  Operating        3.80            3.17                                
               (+19.9 pct)    (+171.2 pct)                             
  Recurring        3.16            2.89           3.60                 
               (+9.4 pct)     (+169.1 pct)    (+14.0 pct)              
  Net              2.71            2.73           3.10                 
               (-0.6 pct)     (+202.7 pct)    (+14.4 pct)              
  EPS          114.82 yen      109.54 yen     132.21 yen               
  Ann Div       35.00 yen       35.00 yen      35.00 yen               
  -Q2 Div          NIL             NIL            NIL                  
  -Q4 Div       35.00 yen       35.00 yen      35.00 yen               
  
  NOTE - Meiwa Estate Co Ltd. 
  To see Company Overview page, click reuters://REALTIME/verb=CompanyData/ric=8869.T

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