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Employees: 1,295
Size Mirai Industry (7931.T) is a Japan Industrials company (Electrical Products) with a market value of $366M, the 1235th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥3,365 on 6 Nov 2026.
Performance Over six months the shares gained 12.7%, against -23.3% for the median peer and +1.8% for the Japan market (cap-weighted) — highest of 21 in its peer set.
Growth Revenue grew 4.1% over the last twelve months (peer median +3.0%); the operating margin is 15.5% (peer median 1.7%).
Valuation It trades at 10.5× forward earnings against a peer median of 10.9× (2nd cheapest of 4).
Price implies For today's price to make sense, revenue must grow about -10% a year for seven years (Req g). Recent delivered growth is +5%, so the hurdle is -15 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 6.7 points above its cost of capital (7.3% WACC).
Next results Next results expected around 28 Jan 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥47.6B | ¥45.7B | ¥45.1B | ¥44.1B | ¥39.6B |
| Revenue growth | — | +1% | +2% | +11% | — |
| Gross profit | ¥18.6B | ¥17.7B | ¥17.8B | ¥17.8B | ¥14.0B |
| EBITDA | ¥10.1B | ¥9.33B | ¥9.19B | ¥9.48B | ¥6.20B |
| Net income | ¥5.15B | ¥4.70B | ¥4.83B | ¥5.12B | ¥2.74B |
| Free cash flow | n/a | ¥3.55B | ¥4.82B | ¥1.81B | ¥2.21B |
| Capital expenditure | n/a | ¥3.53B | ¥2.71B | ¥2.87B | ¥1.79B |
| Total debt | ¥457M | ¥248M | ¥245M | ¥508M | ¥255M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 7931.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -6.7% | -15.7% | 4th highest of 21 |
| 6-month return | +12.7% | -23.3% | highest of 21 |
| Distance from 52-week high | -13.4% | -45.5% | highest of 21 |
| Revenue growth (TTM) | +4.1% | +3.0% | 11th highest of 21 |
| Operating margin | 15.5% | 1.7% | 4th highest of 21 |
| Forward P/E | 10.5× | 10.9× | 2nd cheapest of 4 |
| Growth the price implies (Req g, 7 yrs) | -10.5% | 20.8% | 4th least demanding of 12 |
| Growth delivered (Del g) | +4.8% | +10.0% | 4th lowest of 12 |
| Hurdle (Req g minus delivered) | -15.3 pp | +11.2 pp | 3rd least demanding of 12 |
| ROIC minus cost of capital | +6.7 pp | -6.1 pp | 3rd highest of 21 |
| EV / EBITDA | 3.6× | 9.1× | cheapest of 5 |
| Net debt / EBITDA | -2.2× | 1.8× | least indebted of 8 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Mirai Industry 7931.T | Japan | $366M | +13% | +4% | 15% | 10.5× | -10.5% | +4.8% |
| Tianli Lithium Energy 301152.SZ | China | $367M | -40% | +24% | -4% | n/a | 34.3% | +12.1% |
| Haoersai Technology 002963.SZ | China | $368M | -5% | -4% | -21% | n/a | n/a | n/a |
| Duk San Neolux 213420.KS | South Korea | $369M | -60% | +74% | 19% | 6.0× | -16.7% | +19.0% |
| Jiangsu Luokai Mechanical & Electrical 603829.SS | China | $362M | -55% | 0% | 2% | n/a | 31.5% | +20.3% |
| Moso Power Supply Technology 002660.SZ | China | $371M | -22% | -6% | -15% | n/a | 51.8% | -0.1% |
| Chang Lan Technology 002879.SZ | China | $371M | -23% | -1% | 9% | 33.1× | 2.2% | +9.1% |
| Guangdong PAK Corp. Co 300625.SZ | China | $360M | -27% | -11% | -8% | n/a | n/a | n/a |
| Tecnon Electronics 300650.SZ | China | $360M | -38% | +15% | 2% | n/a | n/a | n/a |
| Kempower Oy KEMPOWR.HE | Finland | $374M | -53% | +22% | -4% | n/a | n/a | n/a |
| Dongguan Chitwing Technology 002855.SZ | China | $375M | -18% | -9% | -20% | n/a | n/a | n/a |
| grems,Inc 3150.T | Japan | $376M | -9% | +6% | 22% | 10.9× | -12.1% | +11.9% |
| Beijing Dynamic Power 600405.SS | China | $377M | -19% | -9% | -51% | n/a | n/a | n/a |
| Shenzhen V&T Technologies 300484.SZ | China | $378M | -26% | -8% | 5% | n/a | 38.4% | +3.9% |
| Hua Eng Wire & Cable 1608.TW | Taiwan | $378M | -11% | +8% | 9% | n/a | n/a | n/a |
| Changshu Guorui Technology 300600.SZ | China | $379M | -34% | +29% | -24% | n/a | -19.1% | -13.5% |
| Liaoning Shidai Wanheng 600241.SS | China | $380M | -12% | +34% | -13% | n/a | n/a | n/a |
| Jiusheng Electric 301082.SZ | China | $381M | -30% | -21% | 5% | n/a | 18.5% | +14.3% |
| Shenzhen Tongye Technology 300960.SZ | China | $350M | -23% | +8% | 7% | n/a | 22.3% | +10.0% |
| Hirect HIRECT.NS | India | $349M | -2% | +42% | 5% | n/a | n/a | n/a |
| Jiangnan Yifan Motor 301023.SZ | China | $387M | -20% | -16% | 22% | n/a | 20.8% | +6.8% |