1717 Meiho Facility
- Japan Guru
- May 7, 2025
- 1 min read
Meiho Facility provides construction management services supporting construction / relocation of offices, factories and schools.
top of page
No.1 English-language social media platform for Japanese stocks
Powered by Japan Guru
3 Comments
bottom of page
positive earnings. the co may announce upward revision
https://x.com/kiyohara_stock/status/1955206637343715427
relevant clip from Nikkei News, dated April 28, 2025:
***
More than half of government buildings show signs of aging, according to [the govt survey]. Of approximately 6,000 buildings, 50.9% exhibited issues such as cracks in exterior walls or minor leaks. These facilities are expected to serve as operational hubs during natural disasters like a Nankai Trough megaquake, making urgent countermeasures a priority.
The situation is even more severe for local governments...which have a higher proportion of facilities constructed during Japan’s high-growth or bubble eras.
Aging government buildings pose a direct risk of delaying emergency responses during major earthquakes. The government’s March 31 damage estimate for a Nankai Trough megaquake highlighted the potential for national and local government buildings to…
mkt cap 11.4 bil yen, net cash 4.5 bil yen, cash-adjusted PER 7.2x with dividend yield 4.65%
secular tailwind as (i) municipalities push for old building renovations and (ii) municipal governments and corporates move to consolidate work locations as part of broader "work style reform" initiative in Japan
dividend hike every yr at least since 2020