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3476 - Mirai Share Price

¥37350 -1,100.0  -2.9%

Last Trade - 03/07/20

Sector
Financials
Size
Mid Cap
Market Cap £463.4m
Enterprise Value £1.03bn
Revenue £80.5m
Position in Universe 947th / 3866
Bullish
Bearish
Unlock 3476 Revenue
Momentum
Relative Strength (%)
1m -6.04%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -44.4%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Oct 2014 2015 2016 2017 2018 2019 2020E 2021E CAGR / Avg
0.000 0.000 0.000 5,771 8,375 10,299
+14.8 +5.6
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the six months ended 30 April 2020, Mirai Corp revenues increased 10% to Y5.45B. Net income increased 14% to Y2.59B. Revenues reflect Lease business revenue increase of 3% to Y4.14B. Net income benefited from Subsidy income increase of 33% to Y26.7M (income), Borrowing related expenses decrease of 1% to Y41.8M (expense), Interest Income increase of 89% to Y34K (income). Dividend per share increased from Y1436.25 to Y1561.00.
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

3476 Dividend Yield Range Unlock 3476 Revenue
Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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EPS
()
DPS
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Net Profit
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EPS
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DPS
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
3476 EPS Forecasts Unlock 3476 Revenue
Profile Summary

MIRAI Corporation is a real estate investment trust (REIT) company. It aims to achieve sustainable growth in asset and stable earnings from mid-term to long-term perspectives. The Fund mainly invests in office buildings and commercial buildings and hotels. Its properties included Shinagawa Seaside Park Tower, Kawasaki Tech Center, Shinjuku East Side Square, Hillcoat Higashi Shinjuku, and others. The asset manager of the REIT is Mitsui Bussan & Idera Partners Co., Ltd.

Directors
Last Annual October 31st, 2019
Last Interim April 30th, 2020
Incorporated December 4, 2015
Public Since December 16, 2016
No. of Shareholders: n/a
No. of Employees: n/a
Sector Financials
Industry Residential & Commercial REITs
Index
Exchange Tokyo Stock Exchange
Shares in Issue 1,662,240
Free Float (0.0%)
Eligible for
ISAs
SIPPs
3476 Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for 3476
Upcoming Events for 3476
Wednesday 9th September, 2020 Estimate
Mirai Corp Annual Shareholders Meeting
Thursday 29th October, 2020
Dividend For 3476.T - 1480.0000 JPY
Frequently Asked Questions for Mirai
What is the Mirai share price?

As of 03/07/20, shares in Mirai are trading at ¥37350, giving the company a market capitalisation of £463.4m. This share price information is delayed by 15 minutes.

How has the Mirai share price performed this year?

Shares in Mirai are currently trading at ¥37350 and the price has moved by -30.96% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Mirai price has moved by -32.83% over the past year.

What are the analyst and broker recommendations for Mirai?

Of the analysts with advisory recommendations for Mirai, there are there are currently 0 "buy" , 1 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Mirai is Hold. You can view the full broker recommendation list by unlocking its StockReport.

When will Mirai next release its financial results?

Mirai is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-04-30
What is the Mirai dividend yield?

The Mirai dividend yield is 8.36% based on the trailing twelve month period.

Does Mirai pay a dividend?

Last year, Mirai paid a total dividend of 3.12k, and it currently has a trailing dividend yield of 8.36%. Looking ahead, shares in Mirai are due to go ex-dividend on 2020-10-29 and the next dividend pay date is 2020-07-14.

When does Mirai next pay dividends?

Mirai are due to go ex-dividend on 2020-10-29 and the next dividend pay date is 2020-07-14. The historic dividend yield on Mirai shares is currently 8.36%.

How do I buy Mirai shares?

To buy shares in Mirai you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Mirai?

Shares in Mirai are currently trading at ¥37350, giving the company a market capitalisation of £463.4m.

Where are Mirai shares listed? Where are Mirai shares listed?

Here are the trading details for Mirai:

Country of listing: Japan
Exchange: TYO
Ticker Symbol: 3476
What kind of share is Mirai?

Based on an overall assessment of its quality, value and momentum, Mirai is currently classified as a Style Neutral. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Mirai share price forecast 2020?

Shares in Mirai are currently priced at ¥37350. At that level they are trading at 50.47% discount to the analyst consensus target price of 0.00.

How can I tell whether the Mirai share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Mirai. Over the past six months, the relative strength of its shares against the market has been -36.3%. At the current price of ¥37350, shares in Mirai are trading at -27.68% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Mirai PE Ratio?

The Mirai PE ratio based on its reported earnings over the past 12 months is 11.87. The shares are currently trading at ¥37350.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Mirai?

Mirai's management team is headed by:

Michio Suganuma - EXO
Who are the major shareholders of Mirai?

Here are the top five shareholders of Mirai based on the size of their shareholding:

Nomura Trust & Banking (Trust) Corporation
Percentage owned: 3.95% (65.7k shares)
Asset Management One Co., Ltd. Investment Advisor/Hedge Fund
Percentage owned: 3.81% (63.3k shares)
Nikko Asset Management Co., Ltd. Investment Advisor/Hedge Fund
Percentage owned: 3.59% (59.6k shares)
Nomura Asset Management Co., Ltd. Investment Advisor
Percentage owned: 2.43% (40.4k shares)
Nomura NEXT FUNDS REIT Index ETF Mutual Fund
Percentage owned: 2.36% (39.2k shares)
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