MIRAI Corporation (JP:3476) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
MIRAI Corporation reports a net income before taxes per unit of 1,191 yen, exceeding forecasts by 83 yen, and maintains a distribution per unit (DPU) in line with expectations at 1,150 yen. The company’s portfolio strategy is successfully increasing upside potential, with an office occupancy rate of 97.2%, a significant increase in hotel variable rents, and the acquisition of new assets totaling 11.9 billion yen. MIRAI also emphasizes a balanced financial approach in anticipation of rising interest rates and is actively engaged in ESG initiatives, including recent PRI participation.
For further insights into JP:3476 stock, check out TipRanks’ Stock Analysis page.