Meiwa Estate Co., Ltd. (8869) Earnings: Operating Income Decreased by 46.8% YoY to 3.088 Billion Yen

Meiwa Estate Co., Ltd. (8869) has released its financial results, reporting net sales of 26,919 million yen (a 29.2% decrease year-on-year), operating income of 3,088 million yen (a 46.8% decrease), ordinary income of 2,541 million yen (a 51.9% decrease), and net income attributable to owners of the parent of 1,703 million yen (a 53.4% decrease). Despite the decrease in revenue and profit, the company maintains a solid return on equity (ROE) of 4.59%, indicating favorable capital efficiency, while the return on assets (ROA) stands at 1.14%. From a financial stability perspective, the equity ratio is 25.1%, EBITDA stands at 8.03 billion yen, interest-bearing debt is 89.42 billion yen, and retained earnings are 28.55 billion yen, maintaining a balanced financial foundation.