Meiko ConstructionLtd（1869）株式概要明光建設株式会社は、その子会社とともに日本で建設事業を行っている。 詳細1869 ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績4/6財務の健全性6/6配当金4/6報酬株価収益率（ 7.9 x） JP市場（ 14 x）を下回っています。過去5年間の収益は年間2%増加しました。 リスク分析3.45%の配当はフリーキャッシュフローで十分にカバーされていない すべてのリスクチェックを見る1869 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW481,164 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA481,164 investors already sharing narrativesYour Fair ValueJP¥Current PriceJP¥1.91k23.3% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture0113b2016201920222025202620282031Revenue JP¥112.6bEarnings JP¥7.1bAdvancedSet Fair ValueView all narrativesMeiko Construction Co.,Ltd. 競合他社Nittoc ConstructionSymbol: TSE:1929Market cap: JP¥48.9bWakachiku ConstructionSymbol: TSE:1888Market cap: JP¥48.5bNakanoSymbol: TSE:1827Market cap: JP¥46.6bYamatoSymbol: TSE:1967Market cap: JP¥47.7b価格と性能株価の高値、安値、推移の概要Meiko ConstructionLtd過去の株価現在の株価JP¥1,911.0052週高値JP¥2,136.0052週安値JP¥1,440.00ベータ0.221ヶ月の変化0.47%3ヶ月変化2.74%1年変化31.43%3年間の変化72.63%5年間の変化64.46%IPOからの変化81.22%最新ニュースReported Earnings • Aug 01First quarter 2027 earnings released: EPS: JP¥39.81 (vs JP¥33.12 in 1Q 2026)First quarter 2027 results: EPS: JP¥39.81 (up from JP¥33.12 in 1Q 2026). Revenue: JP¥21.5b (up 1.7% from 1Q 2026). Net income: JP¥1.01b (up 20% from 1Q 2026). Profit margin: 4.7% (up from 4.0% in 1Q 2026). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jun 24Meiko Construction Co.,Ltd., Annual General Meeting, Jun 26, 2026Meiko Construction Co.,Ltd., Annual General Meeting, Jun 26, 2026, at 10:00 Tokyo Standard Time. Location: 1-1-1 biwajima ekimae higashi, kiyosu city, aichi prefecture, kiyosu JapanBoard Change • May 20Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Outside Director Koichi Maekawa was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • May 13Full year 2026 earnings released: EPS: JP¥236 (vs JP¥205 in FY 2025)Full year 2026 results: EPS: JP¥236 (up from JP¥205 in FY 2025). Revenue: JP¥97.0b (up 4.1% from FY 2025). Net income: JP¥5.97b (up 15% from FY 2025). Profit margin: 6.2% (up from 5.6% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.Board Change • May 01Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Outside Director Koichi Maekawa was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Upcoming Dividend • Mar 23Upcoming dividend of JP¥33.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 08 June 2026. Payout ratio is a comfortable 28% and the cash payout ratio is 90%. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.4%).最新情報をもっと見るRecent updatesReported Earnings • Aug 01First quarter 2027 earnings released: EPS: JP¥39.81 (vs JP¥33.12 in 1Q 2026)First quarter 2027 results: EPS: JP¥39.81 (up from JP¥33.12 in 1Q 2026). Revenue: JP¥21.5b (up 1.7% from 1Q 2026). Net income: JP¥1.01b (up 20% from 1Q 2026). Profit margin: 4.7% (up from 4.0% in 1Q 2026). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jun 24Meiko Construction Co.,Ltd., Annual General Meeting, Jun 26, 2026Meiko Construction Co.,Ltd., Annual General Meeting, Jun 26, 2026, at 10:00 Tokyo Standard Time. Location: 1-1-1 biwajima ekimae higashi, kiyosu city, aichi prefecture, kiyosu JapanBoard Change • May 20Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Outside Director Koichi Maekawa was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • May 13Full year 2026 earnings released: EPS: JP¥236 (vs JP¥205 in FY 2025)Full year 2026 results: EPS: JP¥236 (up from JP¥205 in FY 2025). Revenue: JP¥97.0b (up 4.1% from FY 2025). Net income: JP¥5.97b (up 15% from FY 2025). Profit margin: 6.2% (up from 5.6% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.Board Change • May 01Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Outside Director Koichi Maekawa was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Upcoming Dividend • Mar 23Upcoming dividend of JP¥33.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 08 June 2026. Payout ratio is a comfortable 28% and the cash payout ratio is 90%. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.4%).Board Change • Feb 25Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Outside Director Koichi Maekawa was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Board Change • Feb 05Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Outside Director Koichi Maekawa was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Board Change • Dec 25Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Outside Director Koichi Maekawa was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.お知らせ • Jun 04Meiko Construction Co.,Ltd., Annual General Meeting, Jun 27, 2025Meiko Construction Co.,Ltd., Annual General Meeting, Jun 27, 2025, at 10:00 Tokyo Standard Time. Location: 1-1-1 biwajima station east, aichi prefecture, meiko construction co.ltd., 5th floor conference room, kiyosu JapanBoard Change • May 28Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Outside Director Koichi Maekawa was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.New Risk • May 11New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.7% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.6% per year over the past 5 years. Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • May 09Full year 2025 earnings released: EPS: JP¥205 (vs JP¥160 in FY 2024)Full year 2025 results: EPS: JP¥205 (up from JP¥160 in FY 2024). Revenue: JP¥93.2b (up 8.1% from FY 2024). Net income: JP¥5.18b (up 29% from FY 2024). Profit margin: 5.6% (up from 4.7% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Board Change • May 01Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Outside Director Koichi Maekawa was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Mar 21Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 04 June 2025. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (3.3%).Board Change • Mar 06Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Outside Director Koichi Maekawa was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Nov 19Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Outside Director Koichi Maekawa was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 01Second quarter 2025 earnings released: EPS: JP¥62.75 (vs JP¥33.40 in 2Q 2024)Second quarter 2025 results: EPS: JP¥62.75 (up from JP¥33.40 in 2Q 2024). Revenue: JP¥21.9b (up 5.0% from 2Q 2024). Net income: JP¥1.58b (up 88% from 2Q 2024). Profit margin: 7.2% (up from 4.0% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Sep 20Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 27 November 2024. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (3.3%).Reported Earnings • Aug 03First quarter 2025 earnings released: EPS: JP¥18.58 (vs JP¥28.21 in 1Q 2024)First quarter 2025 results: EPS: JP¥18.58 (down from JP¥28.21 in 1Q 2024). Revenue: JP¥18.4b (down 4.0% from 1Q 2024). Net income: JP¥469.0m (down 34% from 1Q 2024). Profit margin: 2.6% (down from 3.7% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has remained flat, which means it is well ahead of earnings.お知らせ • Jun 13Meiko Construction Co.,Ltd., Annual General Meeting, Jun 25, 2024Meiko Construction Co.,Ltd., Annual General Meeting, Jun 25, 2024, at 10:00 Tokyo Standard Time. Location: 1-1 higashi 1-chome, hiwajima ekimae, aichi prefecture meiko construction co., ltd, 5th floor conference room, kiyosu JapanReported Earnings • May 15Full year 2024 earnings released: EPS: JP¥160 (vs JP¥184 in FY 2023)Full year 2024 results: EPS: JP¥160 (down from JP¥184 in FY 2023). Revenue: JP¥86.2b (up 2.4% from FY 2023). Net income: JP¥4.03b (down 14% from FY 2023). Profit margin: 4.7% (down from 5.5% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.株主還元1869JP ConstructionJP 市場7D0.3%3.0%2.4%1Y31.4%28.2%33.4%株主還元を見る業界別リターン: 1869過去 1 年間で28.2 % の収益を上げたJP Construction業界を上回りました。リターン対市場: 1869は、過去 1 年間で33.4 % のリターンを上げたJP市場を下回りました。価格変動Is 1869's price volatile compared to industry and market?1869 volatility1869 Average Weekly Movement3.7%Construction Industry Average Movement4.0%Market Average Movement4.1%10% most volatile stocks in JP Market9.3%10% least volatile stocks in JP Market2.2%安定した株価: 1869 、 JP市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 1869の 週次ボラティリティ ( 4% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19411,235Hiroshi Suzukiwww.meikokensetsu.co.jp明光建設は、子会社とともに日本で建設事業を行っている。同社は建設事業と不動産事業の2つのセグメントで事業を展開している。トンネル、道路、上下水道、地下鉄施設、マンション、リゾート施設、工場、大型公共建築物などの建設を行っている。また、鉄道線路の建設・維持管理、監理、計画、設計、測量、アフターケア、リニューアル、コンサルティングなどのサービスも提供している。さらに、建設資材の製造・販売・レンタル、住宅・不動産の売買・交換・賃貸・仲介・管理、倉庫業、スポーツ施設・文化施設・遊園地・ホテル・旅館などの経営にも携わっている。同社は1941年に設立され、名古屋に本社を置く。もっと見るMeiko Construction Co.,Ltd. 基礎のまとめMeiko ConstructionLtd の収益と売上を時価総額と比較するとどうか。1869 基礎統計学時価総額JP¥48.24b収益（TTM）JP¥6.14b売上高(TTM)JP¥97.31b7.9xPER（株価収益率0.5xP/Sレシオ1869 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計1869 損益計算書（TTM）収益JP¥97.31b売上原価JP¥83.19b売上総利益JP¥14.12bその他の費用JP¥7.98b収益JP¥6.14b直近の収益報告Jun 30, 2026次回決算日該当なし一株当たり利益（EPS）243.16グロス・マージン14.51%純利益率6.31%有利子負債／自己資本比率9.3%1869 の長期的なパフォーマンスは？過去の実績と比較を見る配当金3.5%現在の配当利回り24%配当性向1869 配当は確実ですか？1869 配当履歴とベンチマークを見る1869 、いつまでに購入すれば配当金を受け取れますか？Meiko ConstructionLtd 配当日配当落ち日Sep 29 2026配当支払日Nov 25 2026配当落ちまでの日数41 days配当支払日までの日数98 days1869 配当は確実ですか？1869 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/18 22:49終値2026/08/18 00:00収益2026/06/30年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Meiko Construction Co.,Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Yoko MizoguchiIchiyoshi Research Institute Inc.
Reported Earnings • Aug 01First quarter 2027 earnings released: EPS: JP¥39.81 (vs JP¥33.12 in 1Q 2026)First quarter 2027 results: EPS: JP¥39.81 (up from JP¥33.12 in 1Q 2026). Revenue: JP¥21.5b (up 1.7% from 1Q 2026). Net income: JP¥1.01b (up 20% from 1Q 2026). Profit margin: 4.7% (up from 4.0% in 1Q 2026). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jun 24Meiko Construction Co.,Ltd., Annual General Meeting, Jun 26, 2026Meiko Construction Co.,Ltd., Annual General Meeting, Jun 26, 2026, at 10:00 Tokyo Standard Time. Location: 1-1-1 biwajima ekimae higashi, kiyosu city, aichi prefecture, kiyosu Japan
Board Change • May 20Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Outside Director Koichi Maekawa was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • May 13Full year 2026 earnings released: EPS: JP¥236 (vs JP¥205 in FY 2025)Full year 2026 results: EPS: JP¥236 (up from JP¥205 in FY 2025). Revenue: JP¥97.0b (up 4.1% from FY 2025). Net income: JP¥5.97b (up 15% from FY 2025). Profit margin: 6.2% (up from 5.6% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • May 01Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Outside Director Koichi Maekawa was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥33.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 08 June 2026. Payout ratio is a comfortable 28% and the cash payout ratio is 90%. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.4%).
Reported Earnings • Aug 01First quarter 2027 earnings released: EPS: JP¥39.81 (vs JP¥33.12 in 1Q 2026)First quarter 2027 results: EPS: JP¥39.81 (up from JP¥33.12 in 1Q 2026). Revenue: JP¥21.5b (up 1.7% from 1Q 2026). Net income: JP¥1.01b (up 20% from 1Q 2026). Profit margin: 4.7% (up from 4.0% in 1Q 2026). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jun 24Meiko Construction Co.,Ltd., Annual General Meeting, Jun 26, 2026Meiko Construction Co.,Ltd., Annual General Meeting, Jun 26, 2026, at 10:00 Tokyo Standard Time. Location: 1-1-1 biwajima ekimae higashi, kiyosu city, aichi prefecture, kiyosu Japan
Board Change • May 20Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Outside Director Koichi Maekawa was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • May 13Full year 2026 earnings released: EPS: JP¥236 (vs JP¥205 in FY 2025)Full year 2026 results: EPS: JP¥236 (up from JP¥205 in FY 2025). Revenue: JP¥97.0b (up 4.1% from FY 2025). Net income: JP¥5.97b (up 15% from FY 2025). Profit margin: 6.2% (up from 5.6% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • May 01Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Outside Director Koichi Maekawa was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥33.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 08 June 2026. Payout ratio is a comfortable 28% and the cash payout ratio is 90%. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.4%).
Board Change • Feb 25Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Outside Director Koichi Maekawa was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Board Change • Feb 05Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Outside Director Koichi Maekawa was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Board Change • Dec 25Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Outside Director Koichi Maekawa was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
お知らせ • Jun 04Meiko Construction Co.,Ltd., Annual General Meeting, Jun 27, 2025Meiko Construction Co.,Ltd., Annual General Meeting, Jun 27, 2025, at 10:00 Tokyo Standard Time. Location: 1-1-1 biwajima station east, aichi prefecture, meiko construction co.ltd., 5th floor conference room, kiyosu Japan
Board Change • May 28Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Outside Director Koichi Maekawa was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
New Risk • May 11New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.7% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.6% per year over the past 5 years. Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • May 09Full year 2025 earnings released: EPS: JP¥205 (vs JP¥160 in FY 2024)Full year 2025 results: EPS: JP¥205 (up from JP¥160 in FY 2024). Revenue: JP¥93.2b (up 8.1% from FY 2024). Net income: JP¥5.18b (up 29% from FY 2024). Profit margin: 5.6% (up from 4.7% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Board Change • May 01Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Outside Director Koichi Maekawa was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 04 June 2025. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (3.3%).
Board Change • Mar 06Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Outside Director Koichi Maekawa was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Nov 19Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Outside Director Koichi Maekawa was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 01Second quarter 2025 earnings released: EPS: JP¥62.75 (vs JP¥33.40 in 2Q 2024)Second quarter 2025 results: EPS: JP¥62.75 (up from JP¥33.40 in 2Q 2024). Revenue: JP¥21.9b (up 5.0% from 2Q 2024). Net income: JP¥1.58b (up 88% from 2Q 2024). Profit margin: 7.2% (up from 4.0% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Sep 20Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 27 November 2024. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (3.3%).
Reported Earnings • Aug 03First quarter 2025 earnings released: EPS: JP¥18.58 (vs JP¥28.21 in 1Q 2024)First quarter 2025 results: EPS: JP¥18.58 (down from JP¥28.21 in 1Q 2024). Revenue: JP¥18.4b (down 4.0% from 1Q 2024). Net income: JP¥469.0m (down 34% from 1Q 2024). Profit margin: 2.6% (down from 3.7% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
お知らせ • Jun 13Meiko Construction Co.,Ltd., Annual General Meeting, Jun 25, 2024Meiko Construction Co.,Ltd., Annual General Meeting, Jun 25, 2024, at 10:00 Tokyo Standard Time. Location: 1-1 higashi 1-chome, hiwajima ekimae, aichi prefecture meiko construction co., ltd, 5th floor conference room, kiyosu Japan
Reported Earnings • May 15Full year 2024 earnings released: EPS: JP¥160 (vs JP¥184 in FY 2023)Full year 2024 results: EPS: JP¥160 (down from JP¥184 in FY 2023). Revenue: JP¥86.2b (up 2.4% from FY 2023). Net income: JP¥4.03b (down 14% from FY 2023). Profit margin: 4.7% (down from 5.5% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
