Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
MIRAI Corporation ( (JP:3476) ) has issued an update.
MIRAI Corporation announced the acquisition and leasing of three real estate assets in Japan, namely ‘MI Terrace Yokohama Nishiguchi,’ ‘MI Terrace Nagoya Aoi,’ and ‘NPC Toyamaeki-Mae Square (land).’ This decision is part of their asset replacement strategy aimed at improving profitability through both external and internal growth. The acquisitions are aligned with MIRAI’s Mid-Term Management Plan 2025, ‘Smart Defense & Offense with Aligned Interest,’ which focuses on maximizing asset returns in light of rising interest expenses and inflation. These assets, located in regions with stable demand, are expected to provide stable cash flows and potential rental income increases, enhancing MIRAI’s portfolio’s profitability and growth potential.
More about MIRAI Corporation
MIRAI Corporation operates as a Real Estate Investment Trust, focusing on acquiring and managing real estate assets in Japan. It is managed by Mitsui Bussan & IDERA Partners Co., Ltd., which oversees its asset management and investment strategies.
YTD Price Performance: 1.59%
Average Trading Volume: 5,361
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen79.06B
See more insights into 3476 stock on TipRanks’ Stock Analysis page.
