TICKER 8897.T
ISIN JP3460800000
Market cap. JPY
53,575,565,248
Shs outstanding 135,978,592
Mirarth Holdings, Inc. is engages in the design, planning and sale of condominiums and single unit housing. It operates through the following segments: Real Estate Business, Energy Business, Asset Management Business and Other. The Real Estate Business sells newly built condominiums and profitable real estate, and renovation of detached houses, renovation and resale of condominiums, liquidation business for the sale of income-generating real estate such as residences and offices, real estate rental business, and real estate management business. The Energy Business segment generates electricity from renewable energy sources, including solar, wind, and biomass, and sells it to electric power companies, thereby obtaining a stable income. The Asset Management Business segment utilizes the extensive expertise, know-how and networks accumulated within the Group in real estate and renewable energy to undertake the management of J-REITs and private funds and provide excellent investment opportunities and solid asset management services. The Other business segment includes investment management business, construction contract business, and repair work business. The company was founded on September 21, 1972 and is headquartered in Tokyo, Japan.

Strategy:

Return at exit: Live
Value Play with Strong Dividend Yield
• Mirarth Holdings presents a compelling value opportunity, trading at just 0.66x book value with a P/E ratio of 10.1, significantly below market average. • The current 5.4% dividend yield offers substantial income potential while investors wait for share price appreciation, with the stock currently trading at only 73% of its 52-week high. • Recent positive price momentum (5.6% over six months) suggests market recognition of the company’s improving fundamentals. • The successful 11 billion yen capital raise demonstrates market confidence and provides funding for strategic growth initiatives in hotel assets and renewable energy. • ESG focus through sustainability-linked loans and renewable energy investments positions the company well for long-term growth despite recent revenue challenges.