Overview
Construction

MIRAIT ONE Corporation

MIRAIT ONE Corporation is an operating holding company that provides telecommunications infrastructure construction, ICT solutions, and environmental/social innovation services across Japan and select international markets. The Group operates through four core segments: Environment & Social Innovation, ICT Solutions, NTT-related construction, and Multi-carrier telecommunications construction, serving major carriers, enterprises, and public-sector clients. Its competitive strengths lie in nationwide engineering capabilities, a broad group network of 83+ consolidated subsidiaries, and an expanding portfolio spanning geospatial data services, smart energy, and digital infrastructure.

Market Cap
¥292B
US$1.86B
EV
¥301B
US$1.92B
Stock¥3,319▼-0.51%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
6.2
x
LTM EV/EBIT
8.1
x
LTM PER
11.0
x
LTM PBR
1.1
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-9.9%pt
1001
Oct 24, 25 – Oct 23, 26StockTOPIX
1Feb 13, 26Selling following earnings announcement
MC → EV Bridge
292BUS$1.86BMarket Cap90.0BUS$574M+ Debt62.8BUS$401M− Cash26.9BUS$172M− Inv. Sec.9.09BUS$58.0M+ NCI301BUS$1.92BEV
AI Briefing
Generating insights…
Performance & Balance
Revenue 5Y (¥B)
470US$3.00B'22/3484US$3.09B'23/3518US$3.31B'24/3579US$3.69B'25/3602US$3.84B'26/3
EBITDA 5Y (¥B)
39.7US$253M'22/329.8US$190M'23/326.3US$168M'24/339.2US$250M'25/346.1US$294M'26/3
Net Income 5Y (¥B)
25.2US$160M'22/314.8US$94.3M'23/312.5US$79.9M'24/317.2US$110M'25/323.3US$148M'26/3
Capital Structure
75%
25%
EquityD/E 0.33xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
67.2US$428M60.0US$383M'22/350.3US$321M61.1US$390M'23/369.5US$443M117US$747M'24/372.9US$465M127US$813M'25/385.3US$544M135US$860M'26/3
Shareholders
Top 10 hold 37.7%
1
The Master Trust Bank of Japan, Ltd. (Trust Account)
14.00%
2
Custody Bank of Japan, Ltd. (Trust Account)
6.42%
3
Sumitomo Electric Industries,Ltd.
4.12%
4
STATE STREET BANK AND TRUST COMPANY 505001 (Standing Proxy: Mizuho Bank, Ltd.)
2.66%
5
MIRAIT ONE Corporation Employee Stock Ownership Association
2.48%
6
SUMITOMO DENSETSU CO.,LTD.
2.23%
7
GOVERNMENT OF NORWAY (Standing Proxy: Citibank, N.A.)
1.69%
8
Mizuho Bank, Ltd. (Standing Proxy: Custody Bank of Japan, Ltd.)
1.46%
9
JP MORGAN CHASE BANK 385781 (Standing Proxy: Mizuho Bank, Ltd.)
1.32%
10
STATE STREET BANK AND TRUST COMPANY 505223 (Standing Proxy: Mizuho Bank, Ltd.)
1.31%
Management
13 officers
Toshiki NAKAYAMA
Representative Director, Chairman
Jun 2012 Executive Officer, General Manager of Frontier Service Division, NTT DOCOMO, INC. (current: NTT DOCOMO, INC.) Jul 2013 Executive Officer, General Manager of Life Support Business Promotion Division, NTT DOCOMO, INC. Jun 2014 Director, Managing Executive Officer, Head of Smart Life Business Division and General Manager of Life Support Business Promotion Division, NTT DOCOMO, INC. Jun 2015 Director, Managing Executive Officer, Head of Smart Life Business Division, NTT DOCOMO, INC. Jun 2016 Representative Director, Executive Vice President, NTT DOCOMO, INC. Jun 2018 Representative Director, President, Mirait Corporation (current: the Company); Representative Director, Executive Vice President, the Company Jun 2020 Representative Director, President, the Company Jun 2021 Representative Director, President, the Company; General Manager, New Group Establishment Preparation Office Jul 2022 Representative Director, President, CEO, the Company Jun 2025 Representative Director, Chairman, Co-CEO, the Company Jun 2026 Representative Director, Chairman, the Company (current)
1958-01-29
Hidemune SUGAWARA
Representative Director, President
Aug 2006 General Manager, Planning Division, NTT Resonant Inc. Jul 2010 General Manager, IP Service Division, Network Business Division, NTT Communications Corporation (current: NTT Communications Corporation) Aug 2011 General Manager, Application & Content Service Division, NTT Communications Corporation Jun 2016 Director, General Manager of Second Sales Division, NTT Communications Corporation Jun 2018 Representative Director, President, NTT ComSolutions Corporation Jun 2019 Representative Director, Managing Director, NTT Communications Corporation Jun 2020 Representative Director, Executive Vice President, NTT Communications Corporation Jun 2021 Representative Director, Executive Vice President, Senior Managing Executive Officer, NTT Communications Corporation Jun 2024 Representative Director, Executive Vice President, Senior Managing Executive Officer, President of Career East Company, COO, the Company Jun 2025 Representative Director, President, Co-CEO and COO, the Company Jun 2026 Representative Director, President, CEO, the Company (current)
1962-07-02
Yasushi TOTAKE
Representative Director, Senior Managing Executive Officer
Jun 2017 Director, General Manager of Network Department, Facilities Division, Nippon Telegraph and Telephone West Corporation Jun 2018 Managing Director, General Manager of Network Department, Facilities Division, Nippon Telegraph and Telephone West Corporation Jun 2019 Director, Mirait Corporation (current: the Company); Director, Mirait Technologies Corporation (current: the Company); Director, Managing Executive Officer, General Manager of New Business Promotion Office, the Company Jun 2020 Representative Director, President, Mirait Technologies Corporation (current: the Company); Director, the Company Jun 2021 Director, Deputy General Manager, New Group Establishment Preparation Office, the Company Apr 2022 Director, Deputy General Manager, New Group Establishment Preparation Office, and Group Leader, Career West Company Establishment Preparation Group, New Organization Establishment Preparation Office, the Company Jul 2022 Representative Director, Senior Managing Executive Officer, President of Career West Company and General Manager of Business Restructuring Promotion Office, the Company Jun 2023 Representative Director, Senior Managing Executive Officer, President of Career West Company, COO, the Company Jun 2024 Representative Director, Senior Managing Executive Officer, President of Career West Company, COO, the Company Jun 2025 Representative Director, Senior Managing Executive Officer, President of Career West Company, the Company (current)
1961-06-29
Yoichiro TAKAYA
Director, Senior Managing Executive Officer
Jun 2012 Deputy General Manager, New Business Promotion Office, Nippon Telegraph and Telephone Corporation Jun 2015 General Manager of Fifth Sales Division, NTT Communications Corporation Jun 2017 Director, General Manager of Fifth Sales Division, NTT Communications Corporation Jun 2019 Director, General Manager of Third Sales Division, NTT Communications Corporation Jun 2020 Director, Managing Executive Officer, Head of Solutions Business Division and General Manager of Tohoku Reconstruction Support Promotion Office, Mirait Corporation (current: the Company) Apr 2022 Managing Executive Officer, Group Leader, Solutions Company Establishment Preparation Group, New Organization Establishment Preparation Office, the Company Jul 2022 Director, Managing Executive Officer, Co-Head of Solutions Company, the Company Jun 2024 Director, Senior Managing Executive Officer, President and COO of Solutions Company, the Company Jun 2025 Director, Senior Managing Executive Officer, President of Solutions Company, the Company Dec 2025 Director, Senior Managing Executive Officer, President and CMO of Solutions Company, the Company (current)
1964-11-11
Hiromasa TAKAOKA
Director, Senior Managing Executive Officer
Jun 2015 Director, NTT DATA Corporation Jun 2017 Director, General Manager of Customer Service Department, NTT Communications Corporation Apr 2020 Director, General Manager of Managed & Security Services Department, Platform Service Division, NTT Communications Corporation Jul 2022 Managing Executive Officer, General Manager of Healthcare Service Department and General Manager of Global Business Promotion Office, NTT DOCOMO, INC. Jun 2023 Managing Executive Officer, Head of Smart Life Company and in charge of Lifestyle Innovation Department, Healthcare Service Department, NTT DOCOMO, INC. Jun 2024 Managing Executive Officer, General Manager of Safety & Quality Division, the Company Jun 2025 Director, Managing Executive Officer, President of Career East Company, the Company Jun 2026 Director, Senior Managing Executive Officer, President of Career East Company, the Company (current)
1965-08-18
Yuji WAKIMOTO
Director, Managing Executive Officer
Jun 2012 General Manager, Corporate Planning Office, NTT DOCOMO, INC. (current: NTT DOCOMO, INC.) Jul 2015 Director, mmbi, Inc. (current: NTT DOCOMO, INC.) Feb 2016 Representative Director, President, mmbi, Inc.; Assigned Senior Manager, Platform Business Promotion Department, NTT DOCOMO, INC. Jul 2016 Executive Officer, General Manager of Corporate Planning Department, Management Planning Division, Mirait Corporation (current: the Company) Jun 2020 Executive Officer, General Manager of Western Japan Branch, the same company Jun 2021 Managing Executive Officer, General Manager of Kansai Branch, the same company Apr 2022 Managing Executive Officer, Group Leader, Staff Organization Establishment Preparation Group, New Organization Establishment Preparation Office, the Company Jul 2022 Director, Managing Executive Officer, General Manager of General Affairs & Human Resources Division, the Company Jun 2023 Director, Managing Executive Officer, General Manager of General Affairs & Human Resources Division, CHRO, the Company (current)
1964-03-18
Takaaki MITSUYA
Director, Managing Executive Officer
Jul 2012 General Manager of Finance Department, Nippon Telegraph and Telephone West Corporation Jul 2015 General Manager of Shikoku Business Division and Ehime Branch, the same company Jul 2017 Executive Officer, General Manager of Accounting Department, Management Planning Division, Mirait Corporation (current: the Company) Jun 2019 Executive Officer, General Manager of Accounting Department, Management Planning Division, the same company; Assigned Senior Manager, Finance Division, the Company Jun 2019 Director, Shikoku Tsuko Co., Ltd. Jul 2022 Deputy General Manager, Finance & Accounting Division, the Company May 2023 Director, Lantrovision (S) Ltd. (current) Jun 2023 Director, Managing Executive Officer, General Manager of Finance & Accounting Division, CFO, the Company (current)
1964-11-15
Mayumi YAMAMOTO
Outside Director
Apr 1984 Registered as Attorney-at-Law Dec 2010 Public Interest Member, Central Labour Relations Commission Jan 2019 Member, Financial System Council, Financial Services Agency (current) Jun 2019 Outside Audit & Supervisory Board Member, Morinaga Milk Industry Co., Ltd. (current) Jun 2020 Director, the Company Apr 2021 Member, Labour Policy Council, Ministry of Health, Labour and Welfare (current) Jun 2021 Outside Director, JCU Corporation (current) Jun 2024 Outside Director, Chair of Nomination and Compensation Committee, the Company (current) Feb 2025 Established Alc Law Office (current)
1956-02-11
Shinichi KAWATANI
Outside Director
Nov 1988 Representative Director, President, Atlas Co., Ltd. (current: Fuyo Outsourcing & Consulting Co., Ltd.) Oct 1997 Head of Information & Telecommunications Division, New York Branch, Nichimen America Inc. (current: Sojitz America Inc.) Nov 1999 CEO, Entrepia Ventures, Inc. Apr 2007 Assistant General Manager, Industrial Information Group, Sojitz Corporation Apr 2011 Representative Director, President, Nichimen Electronics Corporation Jan 2014 Representative Director, VistaNet Co., Ltd. Jun 2021 Director, the Company (current) Apr 2025 Chairman of the Board, VistaNet Co., Ltd.
1955-06-26
Yuko TSUKASAKI
Outside Director
Aug 2007 Director, Promotion Division, Gender Equality Bureau, Cabinet Office Aug 2009 Policy Evaluation Officer, Ministry of Health, Labour and Welfare Jul 2010 Director, Division for Balancing Work and Family, Employment Equality and Child & Family Policy Bureau, Ministry of Health, Labour and Welfare Jul 2011 Councillor, National Personnel Authority Ethics Review Board Apr 2012 Director, Life Planning Division, Salary Bureau, National Personnel Authority Apr 2015 Director, General Affairs Division, Secretariat, National Personnel Authority Apr 2016 Professor, Institute for Regional Development, Taisho University (current) Sep 2018 Professor, Faculty of Regional Creation, Taisho University Apr 2020 Professor, Department of Public Policy, Faculty of Social Symbiosis, Taisho University Jul 2022 Outside Director, the Company (current) Apr 2024 Professor, Department of Public Policy, Faculty of Social and Regional Creation, Taisho University (current)
1961-04-17
Shinji SEO
Director, Audit and Supervisory Committee Member
Apr 1980 Joined Daimei Telephone Co., Ltd. (current: the Company) Jun 2010 General Manager of Construction Coordination Department, Procurement Division, Daimei Corporation (current: the Company) Jul 2014 General Manager of Engineering Division, Engineering & Service Division, Solutions Business Division, Mirait Corporation (current: the Company) Jun 2017 Executive Officer, Deputy Head of Engineering & Service Division, Solutions Business Division, and General Manager of Engineering Division, the same company Jun 2019 Director, Managing Executive Officer, Deputy Head of Second Solutions Business Division, and General Manager of Engineering Division, the same company Jul 2019 Director, Managing Executive Officer, General Manager of Safety & Quality Control Division and General Manager of General Coordination Department, the same company Jul 2022 Managing Executive Officer, General Manager of Safety & Quality Division, the Company Apr 2024 Managing Executive Officer, General Manager of Safety & Quality Division and General Manager of Business Risk Management Office, the Company Jun 2024 Director, Audit and Supervisory Committee Member, the Company (current)
1961-10-14
Midori MIZUTANI
Outside Director, Audit and Supervisory Committee Member
Aug 2012 Registered as Certified Public Accountant Sep 2012 Registered as Certified Tax Accountant Jun 2013 Opened Midori Mizutani Accounting Office Feb 2015 Established Smart Plus Consulting Co., Ltd., Representative Director (current) Jun 2015 Outside Audit & Supervisory Board Member, Human Metabolome Technologies, Inc. Jun 2017 Outside Director, Audit and Supervisory Committee Member, the same company Jun 2019 Outside Audit & Supervisory Board Member, Zenetec Co., Ltd. Jul 2019 Established Ginza Sphere Tax Corporation, Founding Partner (current) Sep 2020 Registered as Administrative Scrivener Apr 2021 Outside Director, Confidence Co., Ltd. (current: Confidence Interworks Co., Ltd.) (current) Jun 2021 Outside Director, Audit and Supervisory Committee Member, Zenetec Co., Ltd. (current) Jun 2024 Outside Audit & Supervisory Board Member, Japan Elevator Service Holdings Co., Ltd. (current) Jun 2025 Director, Audit and Supervisory Committee Member, the Company (current)
1980-07-30
Katsuyuki MIZUMA
Outside Director, Audit and Supervisory Committee Member
Apr 1984 Joined The Industrial Bank of Japan, Ltd. (current: Mizuho Bank, Ltd.) Apr 2012 Executive Officer, General Manager of Asia & Oceania Operations Management Department, Mizuho Corporate Bank, Ltd. (current: Mizuho Bank, Ltd.) Apr 2014 Managing Executive Officer, Head of Asia & Oceania Regional Unit, Mizuho Bank, Ltd. Apr 2016 Managing Executive Officer, Deputy Head of Subaru Overseas Second Sales Division, Fuji Heavy Industries Ltd. (current: Subaru Corporation) Apr 2017 Managing Executive Officer, Head of Overseas Second Sales Division, Subaru Corporation Apr 2018 Senior Managing Executive Officer, Head of Overseas First Sales Division and Head of Overseas Second Sales Division, the same company Apr 2020 Senior Managing Executive Officer, Head of Overseas Second Sales Division, the same company Apr 2021 Senior Managing Executive Officer, CFO and CRMO, the same company Jun 2021 Director, Senior Managing Executive Officer, CFO and CRMO, the same company Apr 2025 Director, Senior Managing Executive Officer, the same company Jun 2025 Advisor, the same company Jun 2026 Director, Audit and Supervisory Committee Member, the Company (current)
1960-04-03
Large Shareholding Reports
Asset Management One Co., Ltd.
2026-05-12
5.09%→6.61%
Sumitomo Electric Industries, Ltd.
2026-03-30
3.39%→4.02%
Annual report (as of 2026-03-31): 4.12%
Sumitomo Mitsui Trust Asset Management Co., Ltd.
2025-09-19
3.39%→3.01%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-07
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-22
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-05-12
Large Shareholding Report
EDINET
2026-03-30
Large Shareholding Report
TDnet
2026-02-13
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-13
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2025-09-19
Large Shareholding Report
TDnet
2025-08-12
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-23
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-14
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-13
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-09
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-26
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-13
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-10
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-10
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-28
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-10
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-11
Quarterly Securities Report
EDINET
2022-08-10
Quarterly Securities Report
EDINET
2022-06-15
Annual Securities Report
EDINET
2022-02-10
Quarterly Securities Report
EDINET
2021-11-12
Quarterly Securities Report
EDINET
2021-08-11
Quarterly Securities Report
EDINET
2021-06-25
Annual Securities Report
EDINETAmended
2021-03-01
Amended Quarterly Securities Report
EDINET
2021-02-10
Quarterly Securities Report
Ask AI
I have this company's financials, ownership, and management on hand. Ask me anything from an M&A perspective.
End of Preview

Try the full product

Free demo (no time limit, up to 10 companies). Explore Comps, DCF, LBO, WACC on every screen. Excel export is on the paid plan.

Free Demo (No Time Limit, 10 Companies) →