{"id":33935,"date":"2026-03-09T17:06:52","date_gmt":"2026-03-09T08:06:52","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/8897-20260309-01_wp_business_update\/"},"modified":"2026-03-09T17:06:52","modified_gmt":"2026-03-09T08:06:52","slug":"8897-20260309-01_wp_business_update","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-8897\/ir\/8897-20260309-01_wp_business_update\/","title":{"rendered":"Notice Regarding Update to Medium-Term Management Plan"},"content":{"rendered":"<p>Net income forecast for the fiscal year ending March 2026 is 4.5 billion yen, with operating income in the real estate business expected to reach a record high. Plans to redefine growth strategies, refresh the management system, and execute approximately 4 billion yen in shareholder returns.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"8897","jir_company_name":"MIRARTH Holdings Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-03-09","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/8897-20260309-01.pdf","jir_short_summary":"Net income forecast for the fiscal year ending March 2026 is 4.5 billion yen, with operating income in the real estate business expected to reach a record high. Plans to redefine growth strategies, refresh the management system, and execute approximately 4 billion yen in shareholder returns.","jir_summary":"### Outlook for Fiscal Year Ending March 2026 Performance and Medium-Term Management Plan\nStructural reforms in the energy business are being carried out to minimize risks, while the real estate business is progressing as initially planned, with operating income expected to reach a record high. DOE (Dividend on Equity) is newly introduced and the dividend level will be maintained. The business plan from the fiscal year ending March 2027 onward remains unchanged.\n\n### Redefinition of Growth Strategy and Update to Management Structure\nAiming for a steady transition to Phase 3, capital allocation to growth businesses and business strategy renewal are being implemented. This includes active investment in newly built detached housing sales and renovation resale businesses, optimization of the business portfolio in response to environmental changes, and restructuring of capital allocation. Through group reorganization, Leben Home Build and Leben Zestock will be made wholly owned subsidiaries, strengthening capital and governance.\n\n### Fundamental Strengthening of Shareholder Return Measures\nA total return of approximately 4 billion yen is planned for the fiscal year ending March 2027. By reviewing the ratio of annual dividends, smoothing interim and year-end dividends will be implemented, and DOE of 3.5% will be introduced as a new dividend benchmark. This improves the predictability of shareholder returns and establishes a sustainable return model.\n\n### Strengthening ESG and Non-Financial Strategies\nKey initiatives include addressing climate change, promoting renewable energy, enhancing employee health and diversity, and strengthening risk management, promoting ESG management linked with corporate strategy. Emphasis is also placed on strengthening and optimizing human capital allocation.","jir_financial_highlights":"Net Sales: 208,000 million yen (Revised forecast from initial forecast of 216,400 million yen to 208,000 million yen)\nOperating Income: 16,500 million yen (Revised forecast from initial forecast of 15,500 million yen to 16,500 million yen)\nNet Income Attributable to Owners of Parent: 4,500 million yen (Revised forecast from initial forecast of 8,000 million yen to 4,500 million yen)\nEBITDA: 21,900 million yen (Revised forecast from initial forecast of 20,900 million yen to 21,900 million yen)\nEquity Ratio: 23% or higher (Target (end of final fiscal year))\nLTV: Less than 65% (Target (each fiscal year))\nD\/E Ratio: Less than 3.0 times (Target (each fiscal year))\nROE: 9% and above (Target (each fiscal year))","jir_category":"","jir_hashtags":"#MIRARTHHoldings, #MediumTermManagementPlan, #BusinessStrategy","jir_key_figures":"Fiscal Year Ending March 2026 Net Sales (Revised Forecast): 208,000 million yen\nFiscal Year Ending March 2026 Operating Income (Revised Forecast): 16,500 million yen (Record High)\nFiscal Year Ending March 2027 Total Shareholder Returns: Approximately 4 billion yen","jir_meta_title":"MIRARTH Holdings Update to Medium-Term Management Plan - Revised Operating Income Forecast of 16,500 Million Yen for Fiscal Year Ending March 2026","jir_meta_description":"MIRARTH Holdings has revised its operating income forecast for the fiscal year ending March 2026 to 16,500 million yen. The company redefines its growth strategy, refreshes its management system, and plans shareholder returns of approximately 4 billion yen.","jir_og_title":"MIRARTH Holdings Notice of Update to Medium-Term Management Plan","jir_og_description":"Announcement of performance outlook for the fiscal year ending March 2026, redefinition of growth strategy, and strengthened shareholder returns. Operating income expected to reach a record high.","jir_og_image_url":"\/assets\/og\/company-business_update.jpg","jir_chart_data_collection":"[]","ir_related_company":17288,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"business_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-33935","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Notice Regarding Update to Medium-Term Management Plan - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-8897\/ir\/8897-20260309-01_wp_business_update\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-8897\/ir\/8897-20260309-01_wp_business_update\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-8897\/ir\/8897-20260309-01_wp_business_update\/\",\"name\":\"Notice Regarding Update to Medium-Term Management Plan - 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