Mirarth Holdings, Inc. logo

Mirarth Holdings, Inc.

8897.T

JPXReal EstateReal Estate - Development

Latest quote

¥456

−¥1.00 · -0.22%

Aug 24, 1:26 PM JST

8897.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Mirarth Holdings, Inc., a Tokyo-based company founded on September 21, 1972, manages a diverse portfolio of businesses. Its primary focus involves the conceptualization, development, and sale of various residential properties, including condominiums and standalone homes. The company's operations are structured into distinct segments. The Real Estate Business encompasses the sale of newly built condominiums and income-generating properties, as well as the renovation and subsequent resale of detached houses and existing condominiums. This segment also handles the liquidation of profitable real estate, such as residential and office buildings, alongside providing property rental and comprehensive real estate management services. In its Energy Business, Mirarth generates electricity from sustainable sources like solar, wind, and biomass. This power is then sold to utility companies, ensuring a consistent revenue flow. The Asset Management Business capitalizes on the Group's extensive knowledge, experience, and network within the real estate and renewable energy sectors. It oversees the management of J-REITs and private funds, delivering attractive investment opportunities and robust asset management solutions. Finally, the Other business segment incorporates investment management activities, construction contracting, and repair services.

Industry
Real Estate - Development
Sector
Real Estate
Headquarters
JP
CEO
Kazuichi Shimada
Listed since
Apr 4, 2003
Employees
1,475

Market position

Day range

Current ¥456

52-week range

Current ¥456

Open
¥462
Previous close
¥457
Volume
796.7K
1.02× average
Average volume
777.32K
Average daily volume
Market cap
60.93B JPY
Beta
0.1
Market reference 1
50-day average
¥416.72
+9.43% above average
200-day average
¥404.63
+12.70% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
263.21B JPY
P/E (TTM)
8.36×
P/B (TTM)
0.74×
P/S (TTM)
0.27×
EV / EBITDA
12.78×
Earnings yield
8.82%
Free cash flow yield
-48.62%
Dividend yield
4.61%

Profitability & efficiency

Gross margin
19.48%
Operating margin
9.33%
Net margin
3.22%
Return on equity
5.66%
Return on assets
1.13%
Return on invested capital
2.16%

Financial health

Debt / equity
3.44×
Current ratio
0.81×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends24%16%8%0%Gross margin, FY2021: 20.35%Gross margin, FY2022: 20.66%Gross margin, FY2023: 21.92%Gross margin, FY2024: 21.53%Gross margin, FY2025: 18.06%Operating margin, FY2021: 7.30%Operating margin, FY2022: 4.58%Operating margin, FY2023: 8.35%Operating margin, FY2024: 7.31%Operating margin, FY2025: 8.23%Net margin, FY2021: 3.82%Net margin, FY2022: 2.99%Net margin, FY2023: 4.42%Net margin, FY2024: 4.18%Net margin, FY2025: 2.22%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 20.35%. Gross margin FY2022 20.66%. Gross margin FY2023 21.92%. Gross margin FY2024 21.53%. Gross margin FY2025 18.06%. Operating margin FY2021 7.30%. Operating margin FY2022 4.58%. Operating margin FY2023 8.35%. Operating margin FY2024 7.31%. Operating margin FY2025 8.23%. Net margin FY2021 3.82%. Net margin FY2022 2.99%. Net margin FY2023 4.42%. Net margin FY2024 4.18%. Net margin FY2025 2.22%.

Income trends

Revenue

214.37B JPY+9.08%

Operating income

17.65B JPY+22.87%

Net income

4.76B JPY-42.02%
Income trends across reported periods235.35B JPY151.43B JPY67.52B JPY−16.39B JPYRevenue, FY2021: 162.74B JPYRevenue, FY2022: 153.47B JPYRevenue, FY2023: 185.19B JPYRevenue, FY2024: 196.52B JPYRevenue, FY2025: 214.37B JPYOperating income, FY2021: 11.88B JPYOperating income, FY2022: 7.03B JPYOperating income, FY2023: 15.46B JPYOperating income, FY2024: 14.37B JPYOperating income, FY2025: 17.65B JPYNet income, FY2021: 6.22B JPYNet income, FY2022: 4.58B JPYNet income, FY2023: 8.18B JPYNet income, FY2024: 8.21B JPYNet income, FY2025: 4.76B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 162.74B JPY. Revenue FY2022 153.47B JPY. Revenue FY2023 185.19B JPY. Revenue FY2024 196.52B JPY. Revenue FY2025 214.37B JPY. Operating income FY2021 11.88B JPY. Operating income FY2022 7.03B JPY. Operating income FY2023 15.46B JPY. Operating income FY2024 14.37B JPY. Operating income FY2025 17.65B JPY. Net income FY2021 6.22B JPY. Net income FY2022 4.58B JPY. Net income FY2023 8.18B JPY. Net income FY2024 8.21B JPY. Net income FY2025 4.76B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue214.37B JPY196.52B JPY185.19B JPY153.47B JPY162.74B JPY
Cost of goods sold175.66B JPY154.21B JPY144.6B JPY121.76B JPY129.63B JPY
Gross profit38.71B JPY42.31B JPY40.59B JPY31.71B JPY33.12B JPY
Selling, general, and administrative27.95B JPY25.13B JPY24.68B JPY21.24B JPY
Operating expenses21.06B JPY27.95B JPY25.13B JPY24.68B JPY21.24B JPY
Interest income91M JPY23M JPY34M JPY28M JPY59M JPY
Interest expense4.19B JPY3.02B JPY2.8B JPY2.08B JPY1.76B JPY
Depreciation and amortization6.95B JPY6.37B JPY5.88B JPY3.41B JPY3.17B JPY
Operating income17.65B JPY14.37B JPY15.46B JPY7.03B JPY11.88B JPY
Net income4.76B JPY8.21B JPY8.18B JPY4.58B JPY6.22B JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
15.4

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates68.2938.178.05-22.07Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 11, 2024: actual 10.96, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 10, 2025: actual -15.84, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 12, 2025: actual 62.06, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 8, 2025: actual -4.15, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 10, 2025: actual -2.31, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 9, 2026: actual 15.22, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 15, 2026: actual 26.25, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 7, 2026: actual 15.4, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates119.17B86.24B53.31B20.37BQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 11, 2024: actual 47.5B JPY, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 10, 2025: actual 23.97B JPY, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 12, 2025: actual 86.19B JPY, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 8, 2025: actual 26.33B JPY, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 10, 2025: actual 30.23B JPY, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 9, 2026: actual 45.69B JPY, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 15, 2026: actual 112.12B JPY, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 7, 2026: actual 41.06B JPY, estimate —, surprise —, Comparison unavailable.

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