Meiho Holdings,Inc. engages in the construction and construction-related services, human resources related service, and nursing care businesses in Japan. It provides construction consulting services for public works, such as roads, rivers, and bridges to primarily national and local governments; and construction contract services related to roads and bridge facilities, roads maintenance, repair works and railway-related construction. The company also provides human resources services related to construction engineers and manufacturing staff, overseas outsourcing business, and security business to general contractors, manufacturers, facilities, construction companies; and outsourcing services, such as creating maps and drawings, data entry, and calculations, etc. for operations of domestic real estate and manufacturing companies. Its nursing care business include rehabilitation, hobbies and recreational activities, dementia care, flexible hours of use, and reasonably priced lunch services. Meiho Holdings,Inc. was founded in 1981 and is headquartered in Gifu, Japan.
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Financials
Ownership
Material Events
Income Statement
Balance Sheet
Cash Flow
Ratios & Growth
Metric
FY 2025
EDINET โ
FY 2024
EDINET โ
FY 2023
EDINET โ
FY 2022
EDINET โ
FY 2021
EDINET โ
Net Sales
ยฅ13.0B
ยฅ10.3B
ยฅ7.4B
ยฅ6.1B
ยฅ5.3B
Cost of Sales
ยฅ9.8B
ยฅ7.7B
ยฅ5.1B
ยฅ4.3B
ยฅ3.7B
Gross Profit
ยฅ3.2B
ยฅ2.7B
ยฅ2.2B
ยฅ1.8B
ยฅ1.5B
SG&A
ยฅ2.7B
ยฅ2.5B
ยฅ1.8B
ยฅ1.5B
ยฅ1.1B
Operating Income
ยฅ472M
ยฅ147M
ยฅ462M
ยฅ343M
ยฅ384M
Non-Operating Income
ยฅ38M
ยฅ56M
ยฅ45M
ยฅ62M
ยฅ34M
Dividend Income
ยฅ0M
ยฅ0M
ยฅ0M
ยฅ0M
ยฅ0M
Interest Income
ยฅ1M
ยฅ0M
ยฅ1M
ยฅ0M
ยฅ0M
Non-Operating Expenses
ยฅ66M
ยฅ114M
ยฅ12M
ยฅ8M
ยฅ15M
Interest Expense
ยฅ51M
ยฅ32M
ยฅ7M
ยฅ6M
ยฅ7M
Ordinary Income
ยฅ444M
ยฅ89M
ยฅ496M
ยฅ397M
ยฅ403M
Pre-tax Income
ยฅ452M
ยฅ79M
ยฅ494M
ยฅ414M
ยฅ404M
Income Taxes
ยฅ284M
ยฅ167M
ยฅ224M
ยฅ189M
ยฅ167M
Current Tax
ยฅ247M
ยฅ209M
ยฅ244M
ยฅ217M
ยฅ153M
Deferred Tax
ยฅ37M
ยฅ-42M
ยฅ-20M
ยฅ-27M
ยฅ14M
Net Income (owners)
ยฅ168M
ยฅ-88M
ยฅ270M
ยฅ224M
ยฅ237M
Comprehensive Income
ยฅ167M
ยฅ-106M
ยฅ262M
ยฅ206M
ยฅ236M
EBITDA
ยฅ1.0B
ยฅ590M
ยฅ679M
ยฅ470M
ยฅ468M
Goodwill Amort. (J-GAAP)
ยฅ361M
ยฅ293M
ยฅ103M
ยฅ35M
ยฅ21M
EPS
ยฅ35.83
ยฅ-18.73
ยฅ57.59
ยฅ47.89
ยฅ64.51
Shares Outstanding
4.7M
4.7M
4.7M
4.7M
4.7M
Shares Issued (total)
4.7M
4.7M
4.7M
4.7M
4.7M
Treasury Shares
0.0M
0.0M
0.0M
โ
โ
Metric
FY 2025
EDINET โ
FY 2024
EDINET โ
FY 2023
EDINET โ
FY 2022
EDINET โ
FY 2021
EDINET โ
Total Assets
ยฅ6.6B
ยฅ7.6B
ยฅ4.1B
ยฅ3.7B
ยฅ3.1B
Current Assets
ยฅ2.8B
ยฅ3.6B
ยฅ2.4B
ยฅ2.4B
ยฅ2.1B
Cash & Deposits
ยฅ754M
ยฅ1.4B
ยฅ1.1B
ยฅ893M
ยฅ1.0B
Trade Receivables
ยฅ737M
ยฅ717M
ยฅ503M
ยฅ507M
ยฅ913M
Non-Current Assets
ยฅ3.8B
ยฅ4.0B
ยฅ1.7B
ยฅ1.3B
ยฅ942M
PP&E
ยฅ1.5B
ยฅ1.3B
ยฅ1.1B
ยฅ990M
ยฅ698M
Goodwill
ยฅ2.0B
ยฅ2.3B
ยฅ346M
ยฅ76M
ยฅ15M
Intangible Assets
ยฅ2.0B
ยฅ2.4B
ยฅ393M
ยฅ135M
ยฅ72M
Investment Securities
ยฅ2M
ยฅ7M
ยฅ7M
ยฅ18M
ยฅ9M
Deferred Tax Assets
ยฅ146M
ยฅ185M
ยฅ126M
ยฅ94M
ยฅ74M
Total Liabilities
ยฅ4.4B
ยฅ5.6B
ยฅ2.0B
ยฅ1.9B
ยฅ1.4B
Current Liabilities
ยฅ2.7B
ยฅ2.4B
ยฅ1.4B
ยฅ1.1B
ยฅ1.3B
Accounts Payable
โ
โ
โ
โ
ยฅ158M
ST Debt
ยฅ391M
ยฅ358M
ยฅ35M
ยฅ78M
ยฅ310M
Taxes Payable
ยฅ200M
ยฅ148M
ยฅ140M
ยฅ109M
ยฅ101M
Non-Current Liabilities
ยฅ1.7B
ยฅ3.2B
ยฅ577M
ยฅ754M
ยฅ147M
Total LT Borrowings
ยฅ1.3B
ยฅ2.8B
ยฅ298M
ยฅ516M
โ
Pension Obligations
ยฅ200M
ยฅ200M
ยฅ158M
ยฅ116M
ยฅ77M
Deferred Tax Liab.
ยฅ10M
ยฅ13M
ยฅ10M
ยฅ12M
โ
Total Equity
ยฅ2.2B
ยฅ2.0B
ยฅ2.1B
ยฅ1.9B
ยฅ1.7B
Capital Stock
ยฅ447M
ยฅ447M
ยฅ446M
ยฅ445M
ยฅ445M
Capital Surplus
ยฅ347M
ยฅ347M
ยฅ346M
ยฅ345M
ยฅ345M
Retained Earnings
ยฅ1.4B
ยฅ1.3B
ยฅ1.4B
ยฅ1.1B
ยฅ865M
Treasury Stock
ยฅ-0M
ยฅ-0M
ยฅ-0M
ยฅ-0M
โ
AOCI
ยฅ-46M
ยฅ-45M
ยฅ-27M
ยฅ-20M
ยฅ-1M
Equity (owners)
ยฅ2.2B
ยฅ2.1B
ยฅ2.2B
ยฅ1.9B
ยฅ1.7B
Total Interest-Bearing Debt โ
ยฅ1.7B
ยฅ3.1B
ยฅ332M
ยฅ594M
ยฅ310M
Net Cash โ
ยฅ-950M
ยฅ-1.8B
ยฅ795M
ยฅ299M
ยฅ719M
NCAV โ
ยฅ-1.6B
ยฅ-2.0B
ยฅ403M
ยฅ543M
ยฅ712M
NCAV/Share
ยฅ-334
ยฅ-429
ยฅ86
ยฅ116
ยฅ152
BV/Share
ยฅ476
ยฅ440
ยฅ459
ยฅ401
ยฅ354
Metric
FY 2025
EDINET โ
FY 2024
EDINET โ
FY 2023
EDINET โ
FY 2022
EDINET โ
FY 2021
EDINET โ
Operating CF
ยฅ1.1B
ยฅ662M
ยฅ1.1B
ยฅ6M
ยฅ525M
Interest Paid
ยฅ-53M
ยฅ-27M
ยฅ-7M
ยฅ-5M
ยฅ-6M
Interest Received
ยฅ2M
ยฅ1M
ยฅ4M
ยฅ0M
ยฅ0M
D&A
ยฅ182M
ยฅ150M
ยฅ114M
ยฅ91M
ยฅ63M
Goodwill Amort.
ยฅ361M
ยฅ293M
ยฅ103M
ยฅ35M
ยฅ21M
Investing CF
ยฅ-242M
ยฅ-1.7B
ยฅ-532M
ยฅ-192M
ยฅ-31M
CapEx
ยฅ283M
ยฅ190M
ยฅ81M
ยฅ111M
ยฅ17M
Proceeds from Invest.
ยฅ1M
ยฅ54M
ยฅ16M
ยฅ1M
โ
Financing CF
ยฅ-1.5B
ยฅ1.3B
ยฅ-373M
ยฅ49M
ยฅ294M
LT Debt Repaid
ยฅ-1.8B
ยฅ-1.4B
ยฅ-627M
ยฅ-411M
ยฅ-132M
Free Cash Flow
ยฅ835M
ยฅ472M
ยฅ1.1B
ยฅ-105M
ยฅ507M
Net Change in Cash
ยฅ-598M
ยฅ225M
ยฅ234M
ยฅ-135M
ยฅ788M
Metric
FY 2025
EDINET โ
FY 2024
EDINET โ
FY 2023
EDINET โ
FY 2022
EDINET โ
FY 2021
EDINET โ
Return on Equity (ROE) โ
8.0%
-4.2%
13.5%
12.8%
14.3%
Return on Assets (ROA) โ
2.4%
-1.5%
6.9%
6.6%
7.7%
Gross Margin โ
24.4%
25.7%
30.2%
29.9%
29.0%
Operating Margin โ
3.6%
1.4%
6.3%
5.6%
7.3%
Net Margin โ
1.3%
-0.8%
3.7%
3.7%
4.5%
Current Ratio โ
1.04x
1.47x
1.68x
2.18x
1.67x
Quick Ratio โ
1.04x
1.47x
1.68x
2.18x
1.67x
Revenue / Share โ
ยฅ2,770
ยฅ2,204
ยฅ1,571
ยฅ1,306
ยฅ1,127
BV/Share โ
ยฅ476
ยฅ440
ยฅ459
ยฅ401
ยฅ354
NCAV/Share โ
ยฅ-334
ยฅ-429
ยฅ86
ยฅ116
ยฅ152
EPS โ
ยฅ35.83
ยฅ-18.73
ยฅ57.59
ยฅ47.89
ยฅ64.51
DPS โ
ยฅ0.00
ยฅ0.00
ยฅ0.00
ยฅ0.00
ยฅ0.00
Payout Ratio โ
0.0%
โ
0.0%
0.0%
0.0%
FCF/Share โ
ยฅ177.87
ยฅ100.62
ยฅ225.34
ยฅ-22.43
ยฅ108.39
Market Valuation
Avg daily close price for calendar year ร most recently reported EPS / DPS
Metric
CY2023
CY2024
CY2025
Avg P/E โ
11.4ร
EPS from 2023-06
12.7ร
EPS from 2023-06
19.1ร
EPS from 2025-06
Avg Div Yield โ
0.00%
DPS from 2023-06
0.00%
DPS from 2024-06
0.00%
DPS from 2025-06
Avg Daily Close
ยฅ655
ยฅ734
ยฅ685
Growth Rates (CAGR)
Metric
3yr CAGR (FY2022โ2025)
5yr CAGR
Stock Price
+0.2%
-15.8%
Sales
+28.6%
โ
FCF/Share
โ
โ
EPS
-9.2%
โ
DPS
โ
โ
BV/Share
+5.8%
โ
NCAV/Share
โ
โ
No capital allocation signals recorded for this company.
Top 10 Shareholders
Ownership DNA
Large Shareholder Reports 14
#
Shareholder
Shares (thou.)
% of Total
1
ๅฐพๆพ ่ฑช็ด
2,322,000
2
ๆฒณๅ ๆธ
ๆ
468,000
3
ๅฑฑๆฌ ๆญๅธ
198,000
4
่คๅ ๅทง
163,800
5
ๅฐพๆพ ๆตๅญ
138,000
6
ใกใคใใผใใผใซใใฃใณใฐในๅพๆฅญๅกๆๆ ชไผ
89,200
7
Rakuten Securities, Inc.
ๆฅฝๅคฉ่จผๅธๆ ชๅผไผ็คพ
79,600
8
ๆ ชๅผไผ็คพใใซใจใค
75,000
9
Nomura Securities Co., Ltd.
้ๆ่ญๅธๆ ชๅผไผ็คพ
56,500
10
่ถๅท ๅบทๅผ
55,100
Domestic Nominees
0.0%
-1.0% vs 2024
Trust bank custodians โ GPIF, pensions, investment trusts
Foreign Custodians
0.0%
+0.0% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
77.6%
+0.5% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2021
2022
2023
2024
2025
ๅฐพๆพ ่ฑช็ด
99.18%
49.59%
49.49%
49.45%
49.44%
-0.01%
ๆฒณๅ ๆธ
ๆ
19.98%
9.99%
9.97%
9.96%
9.96%
ๅฑฑๆฌ ๆญๅธ
8.44%
4.22%
4.22%
4.21%
4.21%
่คๅ ๅทง
6.92%
3.46%
3.52%
3.48%
3.48%
ๅฐพๆพ ๆตๅญ
5.88%
2.94%
2.94%
2.93%
2.93%
ใกใคใใผใใผใซใใฃใณใฐในๅพๆฅญๅกๆๆ ชไผ
2.58%
1.48%
1.78%
1.77%
1.89%
+0.12%
Rakuten Securities, Inc.
NEW ENTRY
ๆฅฝๅคฉ่จผๅธ
6.24%
โ
โ
โ
1.69%
NEW
ๅผไผ็คพใใซใจใค
โ
1.47%
1.47%
1.59%
1.59%
Nomura Securities Co., Ltd.
NEW ENTRY
้ๆ่จผๅธ
3.60%
โ
โ
โ
1.20%
NEW
่ถๅท ๅบทๅผ
NEW ENTRY
โ
โ
โ
โ
โ
1.17%
NEW
ๅฒกไธ่จผๅธ
last seen 2024
Exited Top 10
โ
โ
โ
2.53%
โ
SBI Securities Co., Ltd.
SBI่จผๅธ
last seen 2024
Exited Top 10
6.60%
1.55%
1.64%
1.09%
โ
The Master Trust Bank of Japan, Ltd. (Trust Account)
ๆฅๆฌใในใฟใผใใฉในใไฟก่จ้่ก
last seen 2024
Exited Top 10
โ
โ
โ
0.96%
โ
ๅผไผ็คพใขใทในใใใผใซใใฃใณใฐใน
last seen 2022
Exited Top 10
โ
0.64%
โ
โ
โ
MSIP CLIENT SECURITIES
last seen 2023
Exited Top 10
โ
3.19%
3.18%
โ
โ
Matsui Securities Co., Ltd.
ๆพไบ่จผๅธ
last seen 2021
Exited Top 10
2.08%
โ
โ
โ
โ
Japan Securities Finance Co., Ltd.
ๆฅๆฌ่จผๅธ้่
last seen 2023
Exited Top 10
โ
โ
0.77%
โ
โ
Concentration (HHI)
โ
10496
2615
2606
2597
2594
5 fiscal years ยท top-10 holders per year ยท >2,500 HHI = high concentration ยท entity-resolved
โ CSV
Date Shareholder Stake Event Flag Demands Source
2024-09-17
Osamu Miyashita
3.97%
-1.05%
change
Passive
โ
2024-05-08
SBI SECURITIES Co.,Ltd.
4.29%
-5.46%
change
Passive
โ
2024-04-19
SBI SECURITIES Co.,Ltd.
9.75%
+4.14%
change
Passive
โ
2024-04-04
SBI SECURITIES Co.,Ltd.
5.61%
-4.16%
change
Passive
โ
2024-03-22
SBI SECURITIES Co.,Ltd.
9.77%
+4.11%
change
Passive
โ
2024-03-18
Osamu Miyashita
5.02%
initial_5pct
Passive
โ
2024-03-06
SBI SECURITIES Co.,Ltd.
5.66%
+0.46%
change
Passive
โ
2024-02-21
SBI SECURITIES Co.,Ltd.
5.2%
+0.17%
change
Passive
โ
2024-02-06
SBI SECURITIES Co.,Ltd.
5.03%
-3.71%
change
Passive
โ
2024-01-19
SBI SECURITIES Co.,Ltd.
8.74%
+3.68%
change
Passive
โ
2024-01-10
SBI SECURITIES Co.,Ltd.
5.06%
-0.04%
change
Passive
โ
2023-12-06
SBI SECURITIES Co.,Ltd.
5.1%
-0.04%
change
Passive
โ
2023-11-21
SBI SECURITIES Co.,Ltd.
5.14%
-0.16%
change
Passive
โ
2023-11-07
SBI SECURITIES Co.,Ltd.
5.3%
initial_5pct
Passive
โ
Date
Category
Summary
Amount
2026-02-13
๐ค M&A
Acquisition
The company has decided to acquire all shares of Amano Construction Co., Ltd., a civil engineering contractor based in Gifu Prefecture, through a board resolution on February 13, 2026. The acquisition is valued at approximately 332.96 million yen (including advisory fees) and is expected to close on March 2, 2026, to expand the company's business platform in the Tokai region and support regional SMEs.
ยฅ333M
โบ
Summary
The company has decided to acquire all shares of Amano Construction Co., Ltd., a civil engineering contractor based in Gifu Prefecture, through a board resolution on February 13, 2026. The acquisition is valued at approximately 332.96 million yen (including advisory fees) and is expected to close on March 2, 2026, to expand the company's business platform in the Tokai region and support regional SMEs.
Counterparty: ๆ ชๅผไผ็คพๅคฉ้ๅปบ่จญ (Amano Construction Co., Ltd.)
ๅฝ็คพใซใใๅญไผ็คพๅๅพใ่กใใใจใๆฑบ่ญฐใใใใพใใใฎใงใ้่ๅๅๅๅผๆณ็ฌฌ24ๆกใฎ๏ผ็ฌฌ๏ผ้
ๅใณไผๆฅญๅ
ๅฎน็ญใฎ้็คบใซ้ขใใๅ
้ฃๅบไปค็ฌฌ19ๆก็ฌฌ๏ผ้
็ฌฌ๏ผๅทใฎ๏ผใฎ่ฆๅฎใซๅบใฅใใๆฌ่จๆๅ ฑๅๆธใๆๅบใใใใฎใงใใใพใใ
โ