Miratap Inc.

Miratap Inc.

3187.T
Miratap Inc.JP flagTokyo Stock Exchange
279.00
JPY
+8.00
- -
5.02BMarket Cap
Miratap Inc.
3187.T
(Tokyo Stock Exchange)

Recent

price

279.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
386.7
438.93
438.3
451.19
513.33
546.71
581.98
605.93
599.84
643.22
730.45
838.07
878.83
918.15
884.05
Revenue per Share
14.67
17.66
8.71
20.21
11.29
11.44
1.06
2.93
-9.68
-2.91
33.4
28.39
34.63
-24.56
28.97
Basic EPS, GAAP
7.05
-21.17
26.66
10
-13.02
-6
17.29
6.71
10.39
-6.15
20.37
11.32
9.88
-25.44
- -
Free Cash Flow per Basic Share
2
1.98
1.87
1.99
3.97
4.98
5.05
2.79
3
2.98
2.86
10.01
9.94
10.03
- -
Dividend per Share
40.73
72.23
72.57
89.83
97.07
103.91
99.67
106.02
90.09
84.01
122.84
139.32
165.7
132.35
156.07
Book Value per Share
45.27
92.3
90.9
106.09
100.48
106.44
93.08
116.26
103.87
99.14
138.67
160.74
184.29
146.98
179.66
Tangible Book Value per Share
12
12
16
16
16
16
16
17
17
18
18
18
18
18
18
Basic Weighted Avg Shares
4,640
5,320
6,900
7,197
8,201
8,738
9,330
10,213
10,465
11,260
13,258
15,496
16,123
16,747
16,189
Sales/Revenue/Turnover
8.65
6.38
7.43
6.45
3.84
2.19
0.4
0.87
0.49
2.44
7.2
6.79
5.15
-1.69
6.64
Operating Margin (%)
67
94
96
120
117
181
173
177
174
160
123
197
166
205
- -
Depreciation Expense
176
214
137
322
180
183
17
49
-169
-51
606
525
635
-448
531
Net Income, GAAP
48.9
46.07
58.29
35.04
34.13
21.61
34.05
37.89
- -
465.42
35.03
39.76
19.07
- -
39.13
Effective Tax Rate (%)
3.79
4.02
1.99
4.48
2.2
2.09
0.18
0.48
-1.61
-0.45
4.57
3.39
3.94
-2.67
3.28
Profit Margin (%)
690
1,576
1,491
1,672
999
791
574
362
266
316
1,025
1,213
1,278
210
1,594
Working Capital
624
1,084
883
729
690
424
162
80
17
118
618
545
544
563
498
LT Debt
589
1,168
1,482
1,772
1,892
2,084
1,801
2,178
1,968
1,801
2,801
3,054
3,575
2,904
3,376
Total Equity
- -
8.03
7.25
9.84
6.9
5.1
0.89
1.97
- -
-35.36
15.54
10.73
9.98
- -
10.74
Return on Invested Capital (%)
- -
11.16
5.72
12.81
7.12
7.46
0.8
2.08
- -
-2.51
18.07
10.52
10.75
- -
10.16
Return on Capital (%)
- -
31.38
13.59
25.03
12.09
11.39
1.04
2.92
-10.05
-3.35
32.77
21.85
22.63
-16.42
19.81
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'23
Dec'24
Mar'24
ST Debt
2,803
2,543
2,292
LT Borrowings
545
503
498
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
18
18
18
Market Capitalization
15,565
8,131
8,772

Working Capital

FRC

in mil. unless spec.
Sep'23
Dec'24
Mar'24
Total Current Assets
6,357
5,934
6,118
Cash, Cash Equivalents & STI
2,359
1,915
2,001
Accounts Receivable, Net
966
980
1,153
Inventories
2,845
2,853
2,681
Total Current Liabilities
5,143
4,643
4,524
Payables & Accruals
- -
- -
- -
ST Debt
2,803
2,543
2,292
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.89%
10.87%
-18.78%
Free Cash Flow
-168.8%
-203.14%
-355.93%
Net Income, GAAP
-190.69%
-304.77%
-170.5%
Sales/Revenue/Turnover
8.93%
10.03%
3.87%
Total Cash Common Dividend
35.11%
50.92%
0.29%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,023
4,407
- -
- -
16,123
2025
- -
- -
- -
- -
16,747
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
9.27
- -
- -
- -
34.63
2025
- -
- -
- -
- -
-24.56
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
9.94
2025
- -
- -
- -
- -
10.03
2026
- -
- -
- -
- -
- -
Business
Miratap Inc., established in 1979 in Osaka, Japan, specializes in the design, development, importation, and distribution of premium housing equipment and architectural materials. The company primarily operates through its Housing Equipment and Building Materials E-commerce segment, alongside a Housing Business division. The product portfolio encompasses an extensive range of items for crafting sophisticated living and commercial environments. For kitchens, they provide various modular and compact systems, cabinetry, work surfaces, and ventilation solutions, along with related appliances, accessories, and paneling. Washroom offerings include an assortment of basins, vanities, faucets, drainage hardware, mirror installations, and storage units. The company also supplies complete bathroom systems, freestanding tubs, shower enclosures, and toilet fixtures, complemented by a selection of bath and toilet accessories. Further expanding its selection, Miratap Inc. offers diverse interior elements such as various door types, partition systems, and integrated storage options for entries, walls, closets, and utility areas. Flooring choices include laminate, solid wood, and pet-friendly surfaces, alongside a wide array of tiles, natural stone, and glass. Exterior solutions feature wood and resin decking, fencing, and facade materials. Additionally, the company provides diverse wall finishes, decorative panels, interior furnishings, and wrought iron pieces like grilles and gates, completing its comprehensive range of offerings for both indoor and outdoor spaces. Miratap Inc. distributes its curated products through an innovative online retail platform, distinguishing itself with a transparent "One Price" model that eliminates intermediaries to ensure consistent pricing for all customers. This is complemented by a network of physical showrooms located in major Japanese cities like Tokyo, Osaka, Nagoya, Sendai, and Fukuoka, as well as international locations. The company, which rebranded from Sanwacompany Ltd. in October 2024 to support its growing global presence, is widely recognized for its minimalist design philosophy, having received numerous prestigious international design accolades, including the Good Design Award for sixteen consecutive years and the iF Design Award.