MIRAI Full Year 2024 Earnings: EPS: JP¥2,447 (vs JP¥2,597 in FY 2023)

MIRAI (TSE:3476) Full Year 2024 Results

Key Financial Results

• Revenue: JP¥12.1b (up 5.8% from FY 2023).
• Net income: JP¥4.64b (flat on FY 2023).
• Profit margin: 38% (down from 40% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: JP¥2,447.

All figures shown in the chart above are for the trailing 12 month (TTM) period

MIRAI Earnings Insights

Looking ahead, revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 2.9% decline forecast for the REITs industry in Japan.

Performance of the Japanese REITs industry.

The company's shares are down 1.1% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for MIRAI that you should be aware of.

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