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Meihou Enterprise---Received new financing in Shinagawa-ku, Tokyo, and acquired land for the development of the Elpharo series.
Meihou Enterprises <8927> announced on the 26th that it has acquired land for a development project located in Ebara, Shinagawa Ward, Tokyo. In purchasing the property, a new loan (61% of the acquisition cost) was obtained from the Bank. The property has a site area of 171.94 square meters (registered), and is located within a 10-minute walk from 'Musashikoyama' station on the Tokyu Meguro line and a 7-minute walk from 'Nishikoyama' station, where one can feel close to abundant nature like Todoroki Green Space and the Tama River. The area around the station features several large commercial facilities.
Meihou Enterprise - A new brand of newly constructed investment rental apartments "LOS ARCOS" has been born.
Meihou Enterprise <8927> announced on the 24th the launch of a new brand "LOS ARCOS". Following "EL FARO" and "MIJAS", the third series "LOS ARCOS" is planned to be rolled out in the 23 wards of Tokyo starting in Winter 2025. In its track record of developing over 200 "newly built investment rental residences," the company is seeking further added value.
Meiho Enterprise: Supplemental Financial Results for the 1st Quarter Ending July 2025 (Q&A Collection)
Meihou Enterprise --- In the first quarter, there was a double-digit increase in revenue and profit, with the A-REIT ETF division performing well.
Mihoyo Enterprise <8927> announced its consolidated financial results for the first quarter of the fiscal year ending July 2025 (August to October 2024) on the 12th. Revenue increased by 46.2% year-on-year to 7.192 billion yen, operating profit increased by 47.9% to 0.737 billion yen, ordinary profit increased by 58.7% to 0.594 billion yen, and quarterly net profit attributable to shareholders increased by 41.9% to 0.384 billion yen. The revenue from the A-REIT ETF business increased by 51.6% year-on-year to 5.921 billion yen, with segment profit increasing by 44.3.
Meiho Enterprise: Summary of Financial Results for the 1st Quarter Ending July 2025 [Japanese GAAP] (Consolidated)
Meiho Enterprise 1Q Net Y384.00M Vs Net Y271.00M
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