MIRARTH HOLDINGS, Inc. (8897) Stock Price

Market cap
¥59.6B
P/E ratio
7.2x
MIARTH Holdings develops and sells condominiums, office buildings, and renewable energy projects across Japan while providing asset management services.

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Business Overview

MIARTH Holdings operates across four business segments.

1. **Real Estate Business**

MIARTH Holdings plans, develops, and sells new condominium projects nationwide, including the "LEBEN" and "NEBEL" series. The company also develops residences under the "LUXENA" brand and office buildings in the "L.Biz" series, which it sells to the REIT market. Additionally, MIARTH Holdings engages in a full range of real estate operations, including renovation and resale, new single-family home sales, rental and property management, and real estate brokerage.

2. **Energy Business**

MIARTH Holdings operates renewable energy power generation projects nationwide. This business pursues sustainable energy supply through environmentally conscious initiatives.

3. **Asset Management Business**

MIARTH Holdings provides asset management services for renewable energy facilities, residences, office buildings, and other real estate assets. Through this business, the company aims to optimize asset operations and maximize asset value.

4. **Other Businesses**

MIARTH Holdings also operates in construction and hospitality. Construction operations are handled by subsidiary Leben Home Build Co., Ltd., while hotel operations are conducted across the group. The company engages in additional businesses beyond those listed above.

Management Policy

MIARTH Holdings has established its long-term vision through 2030 as "Be a Treasure for Local Communities." Under this vision, the company is pursuing stable growth in its real estate business as a foundation while making aggressive investments in growth businesses. The company prioritizes sustainability initiatives, pursuit of capital efficiency, and strengthened stakeholder engagement as key strategic themes.

In its medium-term management plan through 2028, the company aims to achieve stable growth in real estate while strengthening investments in energy and asset management businesses. In the energy sector, the company is developing diverse power generation sources centered on solar power, including onshore wind and biomass, and seeks to establish a new growth pillar through the promotion of PPA models.

In the asset management business, the company pursues sustainable growth as a fee-based business through the operation of REITs and private funds. Additionally, in other business areas including hotel operations, construction, and senior care services, the company aims to create new value. Through these initiatives, MIARTH Holdings is pursuing diversified growth.

The company emphasizes financial metrics such as equity ratio and ROE to strengthen its financial foundation. Furthermore, as part of ESG initiatives, the company is working toward realizing a decarbonized society, sustainable urban development, and enhanced governance. Through these efforts, the company aims to achieve sustainable growth and build the future together with local communities.

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