MIRAIT ONE Corporation
MIRAIT ONE Corporation engages in the telecommunications construction, electrical construction, civil engineering work, and architectural and construction businesses in Japan. The company operates through eight segments: MIRAIT ONE, Lantrovision, TTK, SOLCOM, Shikokutsuken, SEIBU CONSTRUCTION, MIRAIT ONE SYSTEMS, and Kokusai Kogyo. It also involved in environmental and social innovation business,… Read more
MIRAIT ONE Corporation (MRHLF) - Net Assets
Latest net assets as of September 2025: $267.76 Billion USD
Based on the latest financial reports, MIRAIT ONE Corporation (MRHLF) has net assets worth $267.76 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($496.42 Billion) and total liabilities ($228.66 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $267.76 Billion |
| % of Total Assets | 53.94% |
| Annual Growth Rate | 4.29% |
| 5-Year Change | 16.67% |
| 10-Year Change | N/A |
| Growth Volatility | 2.17 |
MIRAIT ONE Corporation - Net Assets Trend (2020–2025)
This chart illustrates how MIRAIT ONE Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for MIRAIT ONE Corporation (2020–2025)
The table below shows the annual net assets of MIRAIT ONE Corporation from 2020 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $269.88 Billion | +3.76% |
| 2024-03-31 | $260.09 Billion | +2.27% |
| 2023-03-31 | $254.30 Billion | +2.03% |
| 2022-03-31 | $249.24 Billion | +7.74% |
| 2021-03-31 | $231.32 Billion | +5.77% |
| 2020-03-31 | $218.71 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to MIRAIT ONE Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 48.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $201.53 Billion | 77.07% |
| Other Components | $59.97 Billion | 22.93% |
| Total Equity | $261.50 Billion | 100.00% |
MIRAIT ONE Corporation Competitors by Market Cap
The table below lists competitors of MIRAIT ONE Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Deutsche Wohnen AG
LSE:0OBQ
|
$1.05 Billion |
|
Mercialys SA
PA:MERY
|
$1.05 Billion |
|
L&T Technology Services Limited
NSE:LTTS
|
$1.05 Billion |
|
QUIDELORTHO DL-001
F:QL1A
|
$1.05 Billion |
|
Tata Technologies Limited
NSE:TATATECH
|
$1.05 Billion |
|
SolarWinds Corp
NYSE:SWI
|
$1.05 Billion |
|
Godfrey Phillips India Limited
NSE:GODFRYPHLP
|
$1.05 Billion |
|
Heron Neutron Medical Corp.
TW:7799
|
$1.05 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MIRAIT ONE Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 251,977,000,000 to 261,500,000,000, a change of 9,523,000,000 (3.8%).
- Net income of 17,179,000,000 contributed positively to equity growth.
- Dividend payments of 6,422,000,000 reduced retained earnings.
- Share repurchases of 4,987,000,000 reduced equity.
- New share issuances of 985,000,000 increased equity.
- Other factors increased equity by 2,768,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $17.18 Billion | +6.57% |
| Dividends Paid | $6.42 Billion | -2.46% |
| Share Repurchases | $4.99 Billion | -1.91% |
| Share Issuances | $985.00 Million | +0.38% |
| Other Changes | $2.77 Billion | +1.06% |
| Total Change | $- | 3.78% |
Book Value vs Market Value Analysis
This analysis compares MIRAIT ONE Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-03-31 | $2006.40 | $13.02 | x |
| 2021-03-31 | $2232.22 | $13.02 | x |
| 2022-03-31 | $2446.51 | $13.02 | x |
| 2023-03-31 | $2573.48 | $13.02 | x |
| 2024-03-31 | $2735.88 | $13.02 | x |
| 2025-03-31 | $2914.93 | $13.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MIRAIT ONE Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.57%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.97%
- • Asset Turnover: 1.08x
- • Equity Multiplier: 2.06x
- Recent ROE (6.57%) is below the historical average (7.61%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 7.07% | 3.45% | 1.25x | 1.63x | $-6.32 Billion |
| 2021 | 10.69% | 5.22% | 1.29x | 1.58x | $1.57 Billion |
| 2022 | 10.39% | 5.35% | 1.08x | 1.80x | $951.00 Million |
| 2023 | 5.99% | 3.05% | 1.11x | 1.77x | $-9.90 Billion |
| 2024 | 4.97% | 2.42% | 1.00x | 2.06x | $-12.66 Billion |
| 2025 | 6.57% | 2.97% | 1.08x | 2.06x | $-8.97 Billion |
Industry Comparison
This section compares MIRAIT ONE Corporation's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $1,646,543,800
- Average return on equity (ROE) among peers: 16.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MIRAIT ONE Corporation (MRHLF) | $267.76 Billion | 7.07% | 0.85x | $1.05 Billion |
| Arcosa Inc (ACA) | $2.43 Billion | 3.86% | 1.02x | $5.06 Billion |
| Aecom Technology Corporation (ACM) | $-181.00 Million | 0.00% | 0.00x | $11.42 Billion |
| ACS Actividades de Construcción y Servicios S.A (ACSAF) | $4.44 Billion | 29.55% | 6.70x | $8.35 Billion |
| Acciona S.A (ACXIF) | $6.30 Billion | 7.00% | 2.58x | $3.04 Billion |
| Aecon Group Inc (AEGXF) | $153.60 Million | 7.49% | 3.66x | $737.44 Million |
| ÅF Pöyry AB (publ) (AFXXF) | $551.78 Million | 41.72% | 1.52x | $1.66 Billion |
| Abengoa S.A (AGOAF) | $797.49 Million | 15.10% | 9.17x | $1.82 Million |
| AF Gruppen ASA (AGRUF) | $1.95 Billion | 35.44% | 2.36x | $547.02 Million |
| Argan Inc (AGX) | $3.70 Million | 24.32% | 1.27x | $6.30 Billion |
| Amelco Corporation (AMLC) | $15.28 Million | 4.60% | 1.62x | $2.84 |