MIRAI Corporation Refinances ¥1.5 Billion in Debt Without Raising Leverage

The latest update is out from MIRAI Corporation ( (JP:3476) ).

MIRAI Corporation has arranged a new long-term loan totaling 1.5 billion yen from SBI Shinsei Bank and Resona Bank to refinance existing borrowings maturing on January 30, 2026. The new debt, bearing a floating interest rate linked to one-month JBA TIBOR plus a small spread and maturing in April 2032, is unsecured and repayable in a lump sum at maturity, and will keep MIRAI’s total interest-bearing debt and loan-to-value ratio unchanged, signaling a pure refinancing aimed at maintaining stable financial structure and funding costs without increasing leverage.

The most recent analyst rating on (JP:3476) stock is a Buy with a Yen55888.00 price target. To see the full list of analyst forecasts on MIRAI Corporation stock, see the JP:3476 Stock Forecast page.

More about MIRAI Corporation

MIRAI Corporation is a Japanese real estate investment trust (REIT) managed by Mitsui Bussan & IDERA Partners Co., Ltd., focusing on income-producing real estate assets. Listed under securities code 3476, MIRAI finances its portfolio primarily through long-term borrowings and investment corporation bonds, maintaining a loan-to-value ratio around 50% based on total assets as of its 19th fiscal period.

Average Trading Volume: 4,966

Technical Sentiment Signal: Buy

Current Market Cap: Yen97.28B

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