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MIRAI Corporation
3476.JP
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MIRAI Corporation Reports Robust Financial Results and Strategic Portfolio Growth

MIRAI Corporation (JP:3476) reported strong financial results for the 17th fiscal period ending October 2024, with increases in distribution per unit and net asset value per unit. The company achieved high occupancy rates in office spaces and record rents in hotel properties, reflecting operational efficiency and demand. MIRAI maintains a solid financial position, supported by lender relationships and a focus on ESG, earning 4 Stars in the GRESB assessment. The company aims to enhance its market position through strategic asset management and growth in property value, with a current market cap of Yen76.87B.

Tip Ranks·01/24/2025 15:52
JP
3476
0.00%
Tip Ranks·01/24/2025 15:52
JP
3476
0.00%

MIRAI Corporation’s Hotels Surpass Financial Expectations

MIRAI Corporation (JP:3476) reported strong financial performance for its variable rent hotel assets in November 2024, driven by increased domestic and inbound travel. Notable hotels, Smile Hotel Hakataeki-Mae and Smile Hotel Kyoto Karasumagojo, exceeded rent forecasts across all five properties. This performance highlights a thriving hospitality sector benefiting from seasonal travel and events.

Tip Ranks·2024 12.26 15:52
JP
3476
0.00%
Tip Ranks·2024 12.26 15:52
JP
3476
0.00%
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