For the first quarter of the fiscal year ending March 2027, net sales were 26.9 billion yen, operating income was 3.09 billion yen, ordinary income was 2.54 billion yen, and net income attributable to owners of the parent was 1.73 billion yen. YoY, net sales declined 29.2%, and profits also dropped significantly. The large decrease in the number of delivered newly built condominiums was evident. In segments, both sales and profits declined in the condominium segment, while distribution increased in both revenue and profit, and property management and leasing saw a modest increase. The full-year earnings forecast remains unchanged.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"8869","jir_company_name":"Meiwa Estate Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-08-10","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/08\/8869-20260810-01.pdf","jir_short_summary":"For the first quarter of the fiscal year ending March 2027, net sales were 26.9 billion yen, operating income was 3.09 billion yen, ordinary income was 2.54 billion yen, and net income attributable to owners of the parent was 1.73 billion yen. YoY, net sales declined 29.2%, and profits also dropped significantly. The large decrease in the number of delivered newly built condominiums was evident. In segments, both sales and profits declined in the condominium segment, while distribution increased in both revenue and profit, and property management and leasing saw a modest increase. The full-year earnings forecast remains unchanged.","jir_summary":"### Overview of Performance\nWhile the Tokyo metropolitan condominium market remains at high price levels, the number of supply units is at a low level. High-value housing demand remains solid, but sales and profits declined significantly despite completing deliveries of newly built condominiums per initial plans due to a drop in the number of delivered units. Distribution, including Wealth Solutions, contributed to higher revenue and profit. Overall, first-quarter results are on a downward trend. Full-year guidance remains unchanged.\n\n### Outlook and Segment Trends\nIn the condominium segment, revenue and profit declined due to a substantial decrease in the number of deliveries. Distribution saw higher revenue and profit driven by the delivery of investment properties. Property management and leasing saw a modest increase in revenue and profit. The full-year forecast remains as disclosed, with the trajectory of new condominium deliveries expected to have a significant impact.","jir_financial_highlights":"Net Sales: 26,919\u767e\u4e07\u5186 (YoY \u25b329.2\uff05)\nOperating Income: 3,088\u767e\u4e07\u5186 (YoY \u25b346.8\uff05)\nOrdinary Income: 2,541\u767e\u4e07\u5186 (YoY \u25b351.9\uff05)\nNet Income Attributable to Owners of the Parent: 1,373\u767e\u4e07\u5186 (YoY \u25b353.4\uff05)\nNet Asset per Share: 1,600.54\u5186 (Year-end previous term unknown)","jir_category":"","jir_hashtags":"#MeiwaEstate, #Financial, #Condominium, #Distribution, #Management, #Leasing","jir_key_figures":"Net Sales: 26,919\u767e\u4e07\u5186\nOperating Income: 3,088\u767e\u4e07\u5186\nNet Income Attributable to Owners of the Parent: 1,373\u767e\u4e07\u5186","jir_meta_title":"Meiwa Estate Q1 FY2027 Financial Summary | Net Sales 26.9 billion yen, Net Income 1.73 billion yen","jir_meta_description":"Summary of Meiwa Estate's Q1 FY2027 financial results. Net sales 26.9 billion yen, operating income 3.09 billion yen, net income 1.73 billion yen. Large declines in main condominium segment; distribution increases. Full-year guidance unchanged. Segment trends detailed.","jir_og_title":"Meiwa Estate Q1 FY2027 Financial Summary | Net Sales 26.9 billion yen, Net Income 1.73 billion yen","jir_og_description":"Meiwa Estate's Q1 results show a decline in revenue and profit. Condominiums fell sharply, distribution rose. Full-year guidance unchanged. Segment trends explained.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":57433,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-101190","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n