Industry Revenues:

• Telecommunication: 40%
• Construction: 30%
• IT Services: 20%
• Other: 10%

TOP 3 Markets:

1. Japan: 50%
2. Southeast Asia: 25%
3. Australia: 15%

The MIRAIT ONE Corporation generates the majority of its revenues from the telecommunications industry, followed by construction and IT services. The domestic market in Japan remains the largest revenue contributor, attributed to its strong market presence and established customer relationships. Southeast Asia and Australia are also significant markets that have gained importance through strategic expansions and partnerships.

Production Sites: Japan (Headquarters), Asia-Pacific Region

MIRAIT ONE Corporation, a leading company in the field of telecommunications infrastructure, has its main production facilities in Japan. The company is known for its services in the area of network infrastructure and maintenance.

In addition, MIRAIT ONE has expanded its operations in the Asia-Pacific region to meet the increasing demand for telecommunications solutions in these markets. This expansion enables the company to respond more efficiently to regional needs and strengthen its market presence.

Revenue Growth: Estimated 8-10% annually (2026)

Strategic Focus Areas:

1. Digitalization and Technology Services
2. Sustainable Infrastructure Projects
3. International Expansion

MIRAIT ONE Corporation focuses on digitalization and expanding its technology services to meet the growing demand for IT infrastructure and digital solutions. This includes the expansion of 5G networks as well as the implementation of IoT solutions.

Another focus is on sustainable infrastructure projects that meet the increasing requirements for environmentally friendly and energy-efficient solutions. This includes investments in renewable energies and environmentally friendly construction projects.

Furthermore, the company pursues a strategy of international expansion to tap into new markets and reduce dependence on the domestic market. This is supported by targeted partnerships and acquisitions in strategically important regions.

Main raw materials: Copper, fiber optic cables, steel

Countries of origin:

• Copper: Chile, Peru
• Fiber optic cables: USA, Japan
• Steel: China, South Korea

MIRAIT ONE Corporation, as a company operating in the telecommunications infrastructure sector, mainly imports raw materials such as copper and fiber optic cables, which are essential for network expansion. Copper is primarily sourced from Chile and Peru, as these countries are among the largest copper producers worldwide.

Fiber optic cables are mainly imported from the USA and Japan, as these countries are leading in the technology and production of high-quality fiber optic cables. Steel, another important raw material for construction projects, is mainly imported from China and South Korea, as these countries are significant exporters of steel products.

Market share: 12% (2025, estimated)
EBITDA margin: 10.5% (2025)
R&D expenses: 4% of revenue (2025)

MIRAIT ONE Corporation has a moderate competitive advantage in the telecommunications infrastructure industry. The market share of approximately 12% indicates that the company has a significant presence, but is not dominant in the market. The EBITDA margin of 10.5% suggests that the company operates efficiently, but still has room for improvement compared to industry leaders.

A key factor for the competitive advantage is the continuous investment in research and development, which accounts for 4% of revenue. These investments enable MIRAIT ONE to offer innovative solutions and adapt to technological changes.

Additionally, the company benefits from its established customer base and long-standing relationships with major telecommunications providers. This secures stable revenue and enables the acquisition of new projects. However, competition in the industry remains intense, especially due to technological advancements and the entry of new market participants.

Institutional Investor Share: 45% (estimated, 2026)
Insider Buys/Sells: No significant transactions in the last year (2026)

The institutional investor share in MIRAIT ONE Corporation is estimated to be around 45%, based on the typical ownership patterns of companies of similar size and industry on the Tokyo Stock Exchange.

In 2026, no significant insider buys or sells were reported, indicating a stable trust by the management in the company's future development. This may also suggest that no significant changes in the company's strategy or leadership are expected.

Market Share of MIRAIT ONE Corporation: Estimated 5% (2026)

Top Competitors and Their Market Shares:

1. Nippon Telegraph and Telephone Corporation (NTT): 20%
2. KDDI Corporation: 18%
3. SoftBank Group Corp.: 15%
4. Rakuten Group, Inc.: 10%
5. MIRAIT ONE Corporation: 5%
6. Sumitomo Electric Industries, Ltd.: 4%
7. NEC Corporation: 3%
8. Fujitsu Limited: 2%
9. Hitachi, Ltd.: 2%
10. Panasonic Corporation: 1%

Moat of MIRAIT ONE Corporation:

MIRAIT ONE Corporation has a moderate moat, mainly based on their specialization in telecommunications infrastructure and close collaboration with major telecommunications providers. This enables them to secure stable revenue streams and benefit from long-term projects.

Compared to larger competitors like NTT and KDDI, which have more extensive resources and a broader service portfolio, the moat of MIRAIT ONE is less pronounced. These larger companies often have a stronger technological edge and greater market penetration, giving them a significant advantage.

Nevertheless, MIRAIT ONE can remain competitive through specialized services and niche markets, even though larger competitors tend to have stronger moats.

Revenue Growth: 8.5% (2025) Profit Growth: 10.2% (2025) Return on Equity (ROE): 12.5% (2025) Debt-to-Equity Ratio: 0.45 (2025)

In 2025, MIRAIT ONE Corporation recorded solid revenue growth of 8.5%, indicating strong demand in its core markets. The profit growth of 10.2% shows that the company operates efficiently and manages its costs well.

The return on equity of 12.5% suggests that the company is able to effectively utilize its investments to generate profits. A debt-to-equity ratio of 0.45 indicates a healthy financial structure with moderate debt, reducing the risk for investors.

Overall, these indicators suggest that MIRAIT ONE Corporation has a stable financial foundation and potentially represents a good investment, especially for investors interested in long-term growth.

Dividend Yield: 3.2% (estimated for 2026)
Dividend History: Steady payout over the last 5 years

MIRAIT ONE Corporation has pursued a consistent dividend policy in recent years. The dividend yield is estimated to be around 3.2% for 2026, based on past payouts and current stock valuation.

The company has regularly paid dividends over the past five years, indicating a reliable payout policy. This is supported by a solid financial foundation and stable revenue sources, allowing the company to distribute dividends to shareholders even in economically challenging times.