- HOME>
- List of Company>
- Company Data
MIRAI Corporation
Diversified J-REIT sponsored by Mitsui & Co., Ltd. Group and IDERA Capital Management Ltd., which has an extensive investment record as an independent asset management company. Aims to maximize the profits of investors through investment management in a wide variety of asset categories by linking and integrating the "total power and business knowledge" of the Mitsui & Co., Ltd. Group and the "ability to create real-estate value" of IDERA Capital Management Ltd.(Excerpt from the website of MIRAI Corporation )
Corporate Data
Investment Corporation Name | MIRAI Corporation |
---|---|
Abbreviation | MIR |
Securities code | 3476(JPX) |
Listing date | 2016/12/16 |
Time elapsed | 5.65 year |
Closing months | April / October |
URL | http://3476.jp/ |
Unitholders' capital | 78,499Million JPY |
Number of investment units authorized | 1,771,440Unit |
Investment amount per unit | 44,314JPY |
Rating | R&I:A / JCR:A+ |
Type of assets under management | Offices:52.8% Retail Facilities:21.8% Hotels:15.8% Others:9.6% |
Management target regions | Tokyo metropolitan area:61.1% Greater Osaka Area:15.9% Nagoya Area:9.0% Others:14.1% |
Number of investment properties | 38 |
Number of tenants | 290 |
Total leasable floor space | 340,131.51㎡ |
Investment Index Information
NAV per Unit | 52,139JPY |
---|---|
Unit Price / NAV per Unit | 0.96 |
FFO per Unit | 1,629JPY |
Unit Price / FFO per Unit | 30.76 |
NOI Yield | 3.56% |
Implied Cap Rate | 3.27% |
Market capitalization | 88,749Million JPY |
Acquisition book value | 164,554Million JPY |
Term-end book value | 166,347Million JPY |
Appraisal value | 177,611Million JPY |
Interest-bearing liabilities | 84,000Million JPY |
LTV | 48.84% |
EV / EBITDA | 28.42 |
Average maturity of borrowings | 3.9year |
Ratio of long-term fixed interest rate | |
Average occupancy rate | 98.1% |
Average age of buildings | 25.76year |
Investment Management Policies
- Forms portfolio with offices, commercial facilities, hotels, and residential facilities as core assets.
Incorporates growth assets (core plus assets and new-type assets) into the portfolio to a certain degree, with the aim of achieving sustained growth of the investment corporation into the future.(Excerpt from the website of MIRAI Corporation )
Other Related Corporations
Asset Manager | Mitsui Bussan & Idera Partners Co., Ltd. | |||
---|---|---|---|---|
Update | 2022/06/14 | Capital | 200Million JPY | |
Major Shareholders | 50% | Mitsui & Co. Asset Management Holdings Ltd. | Other Shareholders | |
50% | IDERA Capital Management Ltd. |
Account Settlement InformationFY2022-4(Million JPY)
10th | 11th |
12th (most recent) |
13th forecast | 14th forcast | |
Revised Date |
Revised Date |
||||
Operating revenue | 4,973 | 5,113 | 5,275 | 5,492 | 5,393 |
Operating income | 2,321 | 2,397 | 2,547 | 2,564 | 2,573 |
Ordinary income | 2,073 | 2,144 | 2,245 | 2,277 | 2,277 |
Net income | 2,072 | 2,143 | 2,244 | 2,276 | 2,276 |
Short-term borrowings | 11,500 | 18,466 | 7,000 | ||
Long-term borrowings | 62,200 | 63,700 | 70,800 | ||
Investment corporation bonds | 2,000 | 5,000 | 6,200 | ||
Total assets | 161,815 | 161,226 | 171,982 | ||
Net assets | 75,110 | 75,308 | 80,743 | ||
Distribution per unit | 1,238 JPY/per Unit |
1,289 JPY/per Unit |
1,267 JPY/per Unit |
1,285 JPY/per Unit |
1,285 JPY/per Unit |
Other Affiliated Companies
Asset custodian | Sumitomo Mitsui Trust Bank, Limited | Accounting auditor | Ernst & Young ShinNihon LLC |
---|---|---|---|
Accounting services | Heiseikaikeisha(“HSK”) Tax Corporation | Unitholders registry administrator | Sumitomo Mitsui Trust Bank, Limited |
Tax administration services | Heiseikaikeisha(“HSK”) Tax Corporation | Investment corporation bond administrator |