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MIRAI Corporation Stock Price

TSE:3476 Community·JP¥77.9b Market Cap
  • 1 Narratives written by author
  • 0 Comments on narratives written by author
  • 5 Fair Values set on narratives written by author

3476 Share Price Performance

JP¥0
-46250.00 (-100.00%)
JP¥77,064.85
Fair Value
JP¥0
-46250.00 (-100.00%)
Price JP¥0

3476 Community Narratives

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Fair Value JP¥77.06k 47.0% undervalued intrinsic discount

Improving NOI growth visibility on wider rent gap

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JP¥77.06k
47.0% undervalued intrinsic discount
Revenue
19.96% p.a.
Profit Margin
41.22%
Future PE
32.18x
Price in 2031
JP¥103.69k

Trending Discussion

No trending discussion available.

Updated Narratives

3476 logo

Improving NOI growth visibility on wider rent gap

Fair Value: JP¥77.06k 47.0% undervalued intrinsic discount
5 users have set this as their fair value
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0 users have liked this narrative

Snowflake Analysis

Reasonable growth potential and slightly overvalued.

2 Risks
2 Rewards

MIRAI Corporation Key Details

JP¥6.0b

Revenue

JP¥2.8b

Cost of Revenue

JP¥3.2b

Gross Profit

JP¥759.0m

Other Expenses

JP¥2.5b

Earnings

Last Reported Earnings
Apr 30, 2026
Next Reporting Earnings
n/a
1.30k
53.85%
41.22%
106.9%
View Full Analysis

About 3476

Founded
2015
Employees
n/a
CEO
Michio Suganuma
WebsiteView website
3476.jp/en/

MIRAI Corporation (hereinafter MIRAI) is diversified REIT. It has a capital contribution of 150 million yen (750 units), by Mitsui Bussan & IDERA Partners Co., Ltd. (hereinafter the Asset manager) as the founding planner and was listed on the REIT section of the Tokyo Stock Exchange on December 16, 2016 (securities code: 3476). As of October 31, 2025, the numbers of investment units issued and outstanding are 1,907,440 units and MIRAI owns 44 properties (total acquisition price of 180,155 million yen). MIRAI positions assets located in the three major metropolitan areas of Japan with high population concentrations as its main investment targets and aims to obtain mid-to-long term stable cash flows and sustained growth in unitholders value by building a portfolio centered on its Core Assets. MIRAI Corporation was founded on December 04, 2015 and incorporated in Japan.

Recent 3476 News & Updates

New Narrative Jul 01

Improving NOI growth visibility on wider rent gap

FP4/26 results update Improving growth outlook overshadowed by mixed guidance – FP4/26 results showed strong operating fundamentals, particularly on the strength of the office market in core Japanese urban centres and the resiliency of the hotel segment. The near-term guidance for FP10/26 and FP4/27 is mixed with net operating income (NOI) and distribution per unit (DPU) outlook diverging, but the underlying operating fundamentals remain very positive.

Recent updates

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