Meiho Holdings' growth strategy

5. Our analyst's perspective.

The performance for the fiscal year ending June 2024 showed a significant decline due to temporary factors, but for the fiscal year ending June 2025, a significant increase in revenue and profit is expected, reaching a record high. The company is actively promoting M&A for growth, and although at present it has not reached a revenue scale and foundation sufficient to absorb the temporary cost increase related to large-scale M&A, there is potential for a dramatic expansion of the overall group's revenue in the medium to long term, and we are focusing on this medium to long-term growth potential. In the future, along with an aggressive M&A strategy, if we can confirm the improvement in the earnings power of the companies that have been integrated into the group through the company's corporate support platform (part of the "three-stage rocket propulsion method", including (1) growth of existing business companies), we believe that the interest in the company as an investment target will increase significantly.

(Authored by FISCO guest analyst Masanobu Mizuta)