Q1 (FY2024) Annual Securities Report
(First Quarter of the 52nd Fiscal Year)
From April 1, 2023 to June 30, 2023
MIRARTH HOLDINGS, Inc.
1-8-2, Marunouchi, Chiyoda-Ku, Tokyo
Contents | ||
Page | ||
Cover | ||
Part I. Company Information | 1 | |
I. Company Overview | 1 | |
1 Trends in Major Management Indicators, Etc. | 1 | |
2 | Businesses | 1 |
II. Business Overview | 2 | |
1 | Business Risks | 2 |
2 | Management's Analysis of Financial Position, Operating Results and Cash Flows | 2 |
3 | Important Contracts Etc. Related to Management | 3 |
III. Information on the Reporting Company | 4 | |
1 | Stock Information | 4 |
(1)Total Number of Shares, Etc. | 4 | |
(2)Information on the Share Acquisition Rights, Etc. | 4 | |
① Details of the Stock Option Plan | 4 | |
②Other Subscription Rights | 4 | |
(3)Exercise of Moving Strike Convertible Bonds, Etc. | 4 | |
(4)Changes in Number of Shares Issued and Capital, Etc. | 4 | |
(5)Status of Major Shareholders | 4 | |
(6)Information on Voting Rights | 5 | |
2 | Officers | 5 |
IV. Financial Information | 6 | |
1 | Quarterly Consolidated Financial Statements | 7 |
(1)Quarterly Consolidated Balance Sheets | 7 | |
(2)Quarterly Consolidated Statements of Income and Quarterly Consolidated Statements of Comprehensive Income | 9 | |
Quarterly Consolidated Statements of Income | 9 | |
Quarterly Consolidated Statements of Comprehensive Income | 10 | |
2 | Other | 17 |
Part II. Information Concerning Guarantors of the Reporting Company | 18 |
[Quarterly Review Report]
[Cover]
[Filing] | Q1 (FY2024) Annual Securities Report |
[Applicable provision] | Article 24-4-7(1) of the Financial Instruments and Exchange Act |
[Submitted To] | Director-General of the Kanto Local Finance Bureau |
[Date of submission] | August 10, 2023 |
[Quarterly Accounting Period] | 1st quarter for the 52nd Fiscal Period (From April 1, 2023 to June 30, 2023) |
[Company name] | MIRARTH HOLDINGS, Inc. |
[Company Name in English] | MIRARTH HOLDINGS, Inc. |
[Representative] | Kazuichi Shimada, Representative Director, Group CEO, Group COO and President Executive Officer |
[Address of head office] | 1-8-2, Marunouchi, Chiyoda-Ku, Tokyo |
[Telephone] | +81-3-6551-2133 |
[Contact] | Masashi Yamamoto, Director, Group CFO and Managing Executive Officer |
[Contact address] | 1-8-2, Marunouchi, Chiyoda-Ku, Tokyo |
[Telephone] | +81-3-6551-2133 |
[Contact] | Masashi Yamamoto, Director, Group CFO and Managing Executive Officer |
[Place for public inspection] | Kita-Kanto Branch of MIRARTH HOLDINGS, Inc. |
(1-20-1, Takahanacho, Omiya-ku,Saitama-shi, Saitama) | |
Tokyo Stock Exchange, Inc. | |
(2-1 Nihombashi Kabutocho, Chuo-ku, Tokyo) |
Part I. [Company Information]
I. [Company Overview]
1[Trends in Major Management Indicators, Etc.]
51st fiscal year | 52nd fiscal year | |||
Fiscal term | First Quarter Consolidated | First Quarter Consolidated | 51st fiscal year | |
Cumulative period | Cumulative period | |||
Accounting period | From April 1, 2022 to June 30, | From April 1, 2023 to June 30, | From April 1, 2022 to March 31, | |
2022 | 2023 | 2023 | ||
Net sales | (Millions of yen) | 28,325 | 28,137 | 153,472 |
Ordinary income | (Millions of yen) | 398 | 245 | 5,033 |
Quarterly (current term) net income (loss) | (Millions of yen) | 206 | △218 | 4,584 |
(△) attributable to owners of the parent | ||||
Quarterly comprehensive income | (Millions of yen) | 134 | △50 | 3,852 |
Net assets | (Millions of yen) | 58,069 | 59,824 | 65,142 |
Total assets | (Millions of yen) | 243,519 | 349,262 | 341,669 |
Quarterly (current term) net income (loss) | (Yen) | 1.89 | △1.99 | 41.90 |
(△) per share | ||||
Quarterly (current term) net income per share | (Yen) | 1.88 | - | 41.58 |
(fully diluted) | ||||
Equity ratio | (%) | 23.7 | 16.9 | 18.0 |
(NOTE)1. We have prepared our quarterly consolidated financial statements. Therefore, we have not provided any information on the major financial indicators of Submitting Company.
2. Quarterly diluted net income per share of First Quarter Consolidated Cumulative period for the 52nd fiscal period is not stated because there is a potential Equity securities but it is a 1 Shares Per share quarterly net loss.
2[Businesses]
There have been no material changes to Details of the business conducted by our group (us and our affiliated companies) in 1st quarter of fiscal year under review. There have also been no changes in major affiliated companies.
- 1 -
Ⅱ. [Business Overview]
1[Business Risks]
There have been no significant changes in 1st quarter of fiscal year under review to the risks of new businesses or the risks of businesses described in Prior taxable year's Securities Report Statement.
2[Management's Analysis of Financial Position, Operating Results and Cash Flows]
Forward-looking statements in the text are based on judgments made as of the end of the current quarterly consolidated accounting period.
(1)Management's discussion ① Results of Operations by Segment
In Real Estate Business, Net sales for this segment was 23,908 Millions of yen (down 3.7% from the same quarter of the previous fiscal year) due to factors such as new condominiums, liquidation, new detached house, renewal and resale, real estate rental, real estate management, and real estate Other.
In Energy Business, Net sales of this business was 2,798 Millions of yen (up 5.9% from the same quarter of the previous fiscal year) due to the revenue from electricity sale of power generation facilities.
In Asset Management Business, Net sales was 79 Millions of yen (68.5% decrease from the same quarter of the previous fiscal year) due to management fees and other factors.
In Other Businesses, Net sales of this business was 1,351 Millions of yen (up 126.9% from the same quarter of the previous fiscal year) due to construction contracting and other factors.
Consequently, 1st quarter of fiscal year under review's results of operations are as follows : Net sales 28,137 Millions of yen (down 0.7% from the same quarter of the previous fiscal year), Operating income 621 Millions of yen (up 4.1% from the same quarter of the previous fiscal year), Ordinary income 245 Millions of yen (down 38.5% from the same quarter of the previous fiscal year), and net loss attributable to owners of the parent of 218 Millions of yen (compared to Net income attributable to owners of parent of 206 Millions of yen in the same quarter of the previous fiscal year).
②Progress of contract execution
Regarding 1st quarter of fiscal year under review sales Actual, 1,788 units were contracted for Units 2,200 units scheduled to be delivered to Full year, and the progress rate is 81.3%.
(Contract status for new built-for-sale condominiums)
Units scheduled for delivery | Number of contracted units | Contract progress ratio (%) | Units under contract | |
scheduled for delivery | From April to June | |||
Previous period | 1,780 | 1,433 | 80.5 | 635 |
Current period | 2,200 | 1,788 | 81.3 | 535 |
(2)Explanation of Financial Position
Assets, Liabilities and Net Assets
At the end of our End of 1st quarter of the fiscal year under review, Assets, Liabilities and Net Assets of Total assets increased by 7,593 Millions of yen from 349,262 Millions of yen to End of Previous Consolidated Accounting Period as a result of steady purchases of Assets for business use and other factors.
(Current Assets)
Thanks to steady purchases of business Assets and other factors, Current assets increased by 12,975 Millions of yen to 201,704 Millions of yen compared to End of Previous Consolidated Accounting Period.
(Fixed Assets)
Despite the steady purchase of Assets for business use, Fixed assets decreased by 5,377 Millions of yen compared to 147,507 Millions of yen and End of Previous Consolidated Accounting Period mainly due to the transfer to Real estate for sale.
(Current Liabilities)
Due to the increase in Short-term borrowings and the transfer of short-andlong-term Category, Current liabilities increased by 11,304 Millions of yen compared to 173,462 Millions of yen and End of Previous Consolidated Accounting Period.
(Fixed Liabilities)
Due to an increase in borrowings associated with new purchases and other factors, Fixed liabilities increased by 1,606 Millions of yen compared to 115,975 Millions of yen and End of Previous Consolidated Accounting Period.
- 2 -
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
MIRARTH Holdings Co. Ltd. published this content on 15 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 August 2023 08:16:02 UTC.