Mirarth holdings swings to interim loss as revenue declines

Mirarth Holdings reported a net loss attributable to owners of the parent of JPY 878 million for the six months ended September 30, 2025, compared to a JPY 2,077 million net profit in the same period last year. This downturn occurred despite total assets increasing to JPY 400,472 million from JPY 372,508 million at the end of the previous fiscal year, primarily due to the acquisition of business assets. Consolidated net sales for the interim period decreased by 34.5% to JPY 56,561 million, while operating profit fell by 99.7% to JPY 12 million. The company recorded an ordinary loss of JPY 1,598 million, compared to an ordinary profit of JPY 3,537 million a year ago.

The real estate business segment saw net sales decline by 39.7% to JPY 46,239 million. Conversely, the energy business segment experienced a 10.5% increase in net sales to JPY 6,142 million. Asset management net sales decreased by 17.5% to JPY 488 million, while other businesses reported a 3.0% increase to JPY 3,691 million. Despite the interim loss, the full-year consolidated earnings forecast for the fiscal year ending March 31, 2026, remains unchanged from the JPY 8,000 million net profit forecast announced on May 12, 2025.

The company plans an annual dividend of JPY 21.00 per share for the fiscal year ending March 2026, with an interim dividend of JPY 5.00 per share. As of September 30, 2025, total equity amounted to JPY 85,987 million, a decrease of JPY 3,120 million from the previous fiscal year-end, primarily due to the interim net loss and dividend distributions.