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Meiwa Estate Co Ltd (8869.T)

8869.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Meiwa Estate lowers consolidated full-year outlook for FY 2016
Wednesday, 27 Apr 2016 01:00am EDT 

Meiwa Estate Co Ltd:Says the company lowered the consolidated full-year outlook for revenue to 45,100 mln yen from 47,400 mln yen for the fiscal year ended March 31, 2016.Sees a decrease of operating profit forecast to 3,000 mln yen from 3,300 mln yen.Sees a decrease of ordinary profit forecast to 2,600 mln yen from 2,800 mln yen.Sees a decrease of net profit forecast to 2,200 mln yen from 2,500 mln yen.Sees a decrease of earnings per share to 88.38 yen from 100.43 yen.Comments the lower sale volume than expected as the main reason for the forecast.  Full Article

Meiwa Estate raises year-end dividend forecast for FY 2016
Friday, 5 Feb 2016 12:00am EST 

Meiwa Estate Co Ltd:Says it raised the year-end dividend forecast to 30 yen per share from 15 yen per share for the fiscal year ending March 2016.  Full Article

Meiwa Estate to retire treasury shares
Friday, 7 Aug 2015 01:00am EDT 

Meiwa Estate Co Ltd:To retire 1,106,266 shares (4.25 pct stake) of its common stock on Aug. 20.Says the total shares outstanding will be 24,893,734 shares after the retirement.  Full Article

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