Want to see JP:7931 full AI Analyst Report?
Top Page
Mirai Industry Co., Ltd.
(7931)
Select Model
Select Model
Rating:83Outperform
Price Target:
¥4,083.00
▲(18.18% Upside)
Action:Reiterated
Date:07/24/26
The score is driven primarily by strong financial quality (especially the extremely low-debt balance sheet) and an attractive valuation (moderate P/E with a high dividend yield). Technicals are supportive due to a clear uptrend, but the elevated RSI suggests near-term overextension, and cash flow consistency/margins remain the key fundamentals to monitor.
Positive Factors
Conservative balance sheet
Extremely low leverage materially reduces financial risk and preserves flexibility through cycles. This durable capital structure supports consistent dividend/payout capacity, opportunistic reinvestment or M&A, and resilience to construction-sector downturns without needing external financing.
Negative Factors
Margin compression since 2024
Recent easing of net margins signals structural headwinds such as cost pressure or adverse product mix. If persistent, this reduces retained earnings and ROE, constraining long-term reinvestment, dividend capacity and the firm's ability to scale profitably in tougher market conditions.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Extremely low leverage materially reduces financial risk and preserves flexibility through cycles. This durable capital structure supports consistent dividend/payout capacity, opportunistic reinvestment or M&A, and resilience to construction-sector downturns without needing external financing.
Read all positive factors
Mirai Industry Co., Ltd. (7931) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥61.29B
Dividend Yield3.99%
Average Volume (3M)17.11K
Price to Earnings (P/E)11.6
Beta (1Y)0.63
Revenue Growth2.44%
EPS Growth6.28%
CountryJP
Employees1,295
SectorGeneral
Sector StrengthN/A
IndustryElectrical Equipment & Parts
Share Statistics
EPS (TTM)312.07
Shares Outstanding25,607,086
10 Day Avg. Volume13,900
30 Day Avg. Volume17,113
Financial Highlights & Ratios
PEG Ratio-3.67
Price to Book (P/B)0.92
Price to Sales (P/S)1.12
P/FCF Ratio14.44
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)300.1
Revenue Forecast (FY)¥47.50B
Mirai Industry Co., Ltd. Business Overview & Revenue Model
Company Description
Mirai Industry Co.,Ltd., established in 1965 and headquartered in Wanouchi, Japan, is a prominent manufacturer and supplier of diverse materials for electrical and plumbing systems throughout the country. The company's extensive range of electrica...
How the Company Makes Money
Mirai Industry makes money primarily by manufacturing and selling electrical installation materials (e.g., conduit/piping-related products, fittings, and associated wiring/installation accessories) to the construction and electrical installation s...
Mirai Industry Co., Ltd. Financial Statement Overview
Summary
Income Statement
84
Very Positive
Balance Sheet
93
Very Positive
Cash Flow
74
Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 46.76B | 45.67B | 45.11B | 44.09B | 39.57B | 36.91B |
| Gross Profit | 18.31B | 17.66B | 17.75B | 17.77B | 13.96B | 13.79B |
| EBITDA | 9.87B | 9.33B | 9.19B | 9.48B | 6.20B | 6.49B |
| Net Income | 5.04B | 4.70B | 4.83B | 5.12B | 2.74B | 2.53B |
Balance Sheet | ||||||
| Total Assets | 69.33B | 68.70B | 67.41B | 64.31B | 64.77B | 61.41B |
| Cash, Cash Equivalents and Short-Term Investments | 22.26B | 23.24B | 22.60B | 20.43B | 23.59B | 22.39B |
| Total Debt | 529.00M | 178.00M | 245.00M | 508.00M | 255.00M | 527.00M |
| Total Liabilities | 13.13B | 12.43B | 13.99B | 13.51B | 14.80B | 13.62B |
| Stockholders Equity | 55.35B | 55.45B | 52.69B | 50.13B | 49.38B | 47.28B |
Cash Flow | ||||||
| Free Cash Flow | 1.86B | 3.55B | 4.82B | 1.81B | 2.21B | 4.30B |
| Operating Cash Flow | 3.75B | 7.08B | 7.53B | 4.67B | 4.00B | 6.04B |
| Investing Cash Flow | -2.27B | -4.15B | -3.55B | -3.17B | -1.97B | -1.91B |
| Financing Cash Flow | -1.15B | -2.70B | -2.64B | -4.95B | -979.00M | -937.00M |
Mirai Industry Co., Ltd. Technical Analysis
Positive
3455.00
Price Trends
3273.64
Positive
3189.57
Positive
3230.44
Positive
Market Momentum
98.66
Negative
62.36
Neutral
49.08
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:7931, the sentiment is Positive. The current price of 3455 is below the 20-day moving average (MA) of 3500.00, above the 50-day MA of 3273.64, and above the 200-day MA of 3230.44, indicating a bullish trend. The MACD of 98.66 indicates Negative momentum. The RSI at 62.36 is Neutral, neither overbought nor oversold. The STOCH value of 49.08 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:7931.
Mirai Industry Co., Ltd. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
83 Outperform | ¥61.29B | 11.63 | ― | 4.44% | 2.44% | 6.28% | |
76 Outperform | ¥115.26B | 9.89 | ― | 1.61% | 7.79% | 174.34% | |
75 Outperform | ¥137.73B | 7.43 | 11.21% | 3.39% | 40.52% | 147.61% | |
70 Outperform | ¥53.35B | 12.41 | ― | 0.91% | 15.89% | 2.08% | |
69 Neutral | ¥208.67B | 18.41 | ― | 1.53% | 16.79% | 100.39% | |
62 Neutral | ¥53.18B | -15.65 | ― | 5.01% | -7.42% | -4245.20% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
JP:7931
Mirai Industry Co., Ltd.
3,630.00
-104.80
-2.81%
JP:6804
Hosiden
2,773.00
585.77
26.78%
JP:6516
Sanyo Denki Co., Ltd.
5,500.00
2,186.52
65.99%
JP:6617
TAKAOKA TOKO CO., LTD.
7,250.00
4,294.35
145.29%
JP:6637
Terasaki Electric Co., Ltd.
4,280.00
344.25
8.75%
JP:6905
Cosel Co., Ltd.
1,298.00
123.65
10.53%
Mirai Industry Co., Ltd. Corporate Events
Mirai Industry Unveils Rolling Medium-Term Plan Aiming for Higher Margins and Stronger ESG
Jul 23, 2026
Mirai Industry has approved a new Medium-Term Management Plan 2027, covering the three fiscal years from March 2027 to March 2029 and structured as a rolling plan to be updated annually. The company targets final-year consolidated net sales of ...
Mirai Industry Lifts Profit and Dividend Outlook After Strong First Quarter
Jul 23, 2026
Mirai Industry reported that first-quarter consolidated results far exceeded its April forecast, with net sales rising 8.0% to ¥12.76 billion and profit attributable to owners of the parent jumping 57.1% to ¥1.38 billion. The outperforma...
Mirai Industry Delivers Strong Q1 Earnings and Raises Dividend Outlook
Jul 23, 2026
Mirai Industry Co., Ltd. reported robust results for the three months ended June 20, 2026, with net sales rising 9.3% year on year to ¥12.76 billion and operating profit jumping 31.5% to ¥1.95 billion. Profit attributable to owners of th...
Mirai Industry Corrects Consolidated Financial Results After COGS Error
May 11, 2026
Mirai Industry Co., Ltd. has announced a partial correction to its consolidated financial results for the fiscal year ended March 20, 2026, after discovering an error in the cost of goods sold ratio used to eliminate intercompany transactions. The...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.