837 Stock Overview
MIRAI is diversified J-REIT. Based on the Act on Investment Trusts and Investment Corporations of Japan (Act No. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 3/6 |
| Financial Health | 1/6 |
| Dividends | 4/6 |
My Notes
Capture your thoughts, links and company narrative
MIRAI Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | JP¥238.00 |
| 52 Week High | JP¥290.00 |
| 52 Week Low | JP¥232.00 |
| Beta | 0.49 |
| 1 Month Change | -3.25% |
| 3 Month Change | -10.53% |
| 1 Year Change | -11.85% |
| 3 Year Change | -35.33% |
| 5 Year Change | n/a |
| Change since IPO | -23.56% |
Recent News & Updates
Recent updates
Shareholder Returns
| 837 | DE REITs | DE Market | |
|---|---|---|---|
| 7D | 0.8% | 1.8% | -0.2% |
| 1Y | -11.9% | -8.9% | 7.0% |
Return vs Industry: 837 underperformed the German REITs industry which returned -9.2% over the past year.
Return vs Market: 837 underperformed the German Market which returned 7% over the past year.
Price Volatility
| 837 volatility | |
|---|---|
| 837 Average Weekly Movement | 2.6% |
| REITs Industry Average Movement | 2.6% |
| Market Average Movement | 4.9% |
| 10% most volatile stocks in DE Market | 11.7% |
| 10% least volatile stocks in DE Market | 2.4% |
Stable Share Price: 837 has not had significant price volatility in the past 3 months compared to the German market.
Volatility Over Time: 837's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2015 | n/a | n/a | 3476.jp/en/ |
MIRAI is diversified J-REIT. Based on the Act on Investment Trusts and Investment Corporations of Japan (Act No. 198 of 1951; including revisions enforced thereafter) (hereinafter “AITIC”), MIRAI was founded on December 4, 2015 with 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).
MIRAI Corporation Fundamentals Summary
| 837 fundamental statistics | |
|---|---|
| Market cap | €469.15m |
| Earnings (TTM) | €28.37m |
| Revenue (TTM) | €73.87m |
16.8x
P/E Ratio6.4x
P/S RatioIs 837 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 837 income statement (TTM) | |
|---|---|
| Revenue | JP¥12.09b |
| Cost of Revenue | JP¥6.49b |
| Gross Profit | JP¥5.60b |
| Other Expenses | JP¥956.98m |
| Earnings | JP¥4.64b |
Last Reported Earnings
Oct 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.43k |
| Gross Margin | 46.32% |
| Net Profit Margin | 38.41% |
| Debt/Equity Ratio | 105.3% |
How did 837 perform over the long term?
See historical performance and comparisonDividends
5.9%
Current Dividend Yield68%
Payout RatioDoes 837 pay a reliable dividends?
See 837 dividend history and benchmarks| MIRAI dividend dates | |
|---|---|
| Ex Dividend Date | Oct 30 2024 |
| Dividend Pay Date | Jan 16 2025 |
| Days until Ex dividend | 58 days |
| Days until Dividend pay date | 20 days |
Does 837 pay a reliable dividends?
See 837 dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 06:30 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/10/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
MIRAI Corporation is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Astris Advisory Japan, K.K. |
| Tomoyoshi Omuro | BofA Global Research |
| null null | Daiwa Securities Co. Ltd. |