Mirai Corp
TSE:3476

Watchlist Manager
Mirai Corp Logo
Mirai Corp
TSE:3476
Watchlist
Price: 45 950 JPY 0.44% Market Closed
Market Cap: ¥87.8B

P/E

17.4
Current
1%
Cheaper
vs 3-y average of 17.6

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
17.4
=
Market Cap
¥93.9B
/
Net Income
¥5B

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
17.4
=
Market Cap
¥93.9B
/
Net Income
¥5B

Valuation Scenarios

Mirai Corp is trading below its 3-year average

If P/E returns to its 3-Year Average (17.6), the stock would be worth ¥46 554.11 (1% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-2%
Maximum Upside
+12%
Average Upside
3%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple 17.4 ¥45 950
0%
3-Year Average 17.6 ¥46 554.11
+1%
5-Year Average 17.7 ¥46 805.75
+2%
Industry Average 19.5 ¥51 500
+12%
Country Average 17 ¥45 006.81
-2%

Forward P/E
Today’s price vs future net income

Today's Market Cap Net Income Forward P/E
¥93.9B
/
Nov 2025
¥5B
=
17.4
Current
¥93.9B
/
Oct 2026
¥5.2B
=
18.1
Forward
¥93.9B
/
Oct 2027
¥5.5B
=
17.1
Forward

Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.

Market Distribution

In line with most companies in Japan
Percentile
52st
Based on 5 185 companies
52st percentile
17.4
Low
0 — 13.1
Typical Range
13.1 — 23
High
23 —
Distribution Statistics
Japan
Min 0
30th Percentile 13.1
Median 17
70th Percentile 23
Max 7 956 708

Mirai Corp
Glance View

Market Cap
87.8B JPY
Industry
Real Estate

MIRAI Corp. is a real investment trust company, which invests in offices, commercial facilities, and hotels. The company is headquartered in Chiyoda-Ku, Tokyo-To. The company went IPO on 2016-12-16. The company aims to achieve sustainable growth in asset and stable earnings from mid-term to long-term perspectives. The Fund mainly invests in office buildings and commercial buildings and hotels. Its properties included Shinagawa Seaside Park Tower, Kawasaki Tech Center, Shinjuku East Side Square, Hillcoat Higashi Shinjuku, and others. The asset manager of the REIT is Mitsui Bussan & Idera Partners Co., Ltd.

Intrinsic Value
57 983.58 JPY
Undervaluation 21%
Intrinsic Value
Price ¥45 950
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett