FYE March,2020

MIRAIT Holdings Corporation

FACT BOOK 2020

Financial data

CORPORATE PROFILE(AS OF MARCH 31,2020)

COMPANY NAME
Company Name

MAIN CONSOLIDATED SUBSIDIARIESMIRAIT Corporation. MIRAIT Technologies Corporation.
TTK Co., Ltd. SOLCOM Co., Ltd. Shikokutsuken Co., Ltd.
Lantrovision(S)LtdMIRAIT Holdings Corporation※ Number of consolidated companies

REPRESENTATIVE DIRECTOR(AS OF JUNE 24,2020)

NUMBER OF EMPLOYEES

President and Chief Executive Officer

NAKAYAMA Toshiki

Consolidated

7512,580

ESTABLISHEDTERM - END

October 1,2010

March 31, every year

HEADQUARTERS

RATING

5-6-36 Toyosu Koto-ku Tokyo Japan

R&I (Rating & Investment Information,Inc ) AJCR (Japan Credit Rating Agency, Ltd. ) A

OUTLINE OF BUSINESSSECURITIES TRADEDElectrical and electrical communications facilities
and equipment
Construction and related projects
Telecommunications systems
Software products and solutions
Construction-related distribution, security, and consulting

Tokyo Stock Exchange, First Section（Securities CodeCAPITALCAPITAL

7.0 billion

2Mirait Holdings Corporation Factbook 20201417）

Financial data

FINANCIAL HIGHLIGHT
500 Billions of yenOrders Received

Net Sales

500 Billions of yen

400400300300

200

200

100

10000
2017.32018.32019.32017.32020.3Gross Profit

60 Billions of yen

30

40

20

20

100

2018.3

Billions of yen

2019.32020.3Operating Income02017.32018.330 Billions of yen

2019.32020.32017.3

Ordinary Income
30

20

20

10100

2018.32019.32020.3

profit attributable toowners of parent
Billions of yen

02017.32018.3(Millions of yen)

2019.32020.32017.32017.32018.32018.32019.32019.32020.32020.3

Orders Received

323,389

326,326

392,662446,558

Net Sales

283,236

312,967

375,911441,166

Gross Profit

33,536

39,761

46,98852,174

Operating Income

10,061

16,715

20,69921,993

Ordinary Income

10,59017,83821,992

23,207

profit attributable to owners of parent

6,437

11,50425,711

15,2203
Mirait Holdings Corporation Factbook 2020

Financial data

PROFITABILITY
Gross Margin Ratio

%

%

13.0

6.0

12.0

4.0

11.0

2.0

10.0

(%)

0.0

2017.32017.32018.32018.32019.32019.32020.32020.3

11.8

12.7

12.5

11.8

2017.32017.3(%)

Ordinary Income Ratio

%

8.0

6.0

6.0

4.0

4.0

2.0

2.0

0.0%
20.0

2018.32018.3

3.5

2019.32019.3

5.3

2020.32020.35.5

5.0

Net Income Ratio%8.0(%)

Operating Income Ratio

0.0
2017.32017.32018.32018.3

3.7

5.7

2019.32019.32020.32020.35.8

5.3

Return on Equity（ROE）

2017.32017.32018.32018.32019.32019.32020.32020.3

(%)

2.3

3.7

6.8

3.4

%

Return on Assets（ROA）

10.0
8.0

15.0

6.0
10.0
4.0
5.0

2.0

0.0
(%)

0.0
2017.32017.32018.32018.3

5.2

8.8

2019.32019.32020.32020.3

15.4

2017.32017.3

7.4(%)（Note）Gross Margin Ratio＝Gross Margin /Net Sales
Ordinary Income Ratio＝Ordinary Income/Net Sales
Return on Equity＝ Net Income /Equity

3.1

2018.32018.3

5.1

2019.32019.3

9.1

Operating Income Ratio＝Operating Income / Net Sales
Net Income Ratio＝Net Income / Net Sales
Return on Assets＝Net Income/Assets

4Mirait Holdings Corporation Factbook 2020

2020.32020.3

4.5

Financial data

STABILITY・SCALE
250％

Equity･Equity ratio

Billions of yen
EquityBillions of yen
400

80300

Assets･Net assets

AssetsNet assets

Equity ratio

200

100

150

60
200

100

40

50

200
(Millions of yen)

1000(Millions of yen)

0Equity

2017.32017.3
124,1322018.32018.3
137,257

2019.32019.3
196,435

2020.32020.3
215,423

Equity ratio(%)

56.9

58.5

59.3

61.2

※Equity ratio＝Equity/assets

Number of Employees/
Net Sales per Employee

Thousands of Person
152017.32017.32018.32018.32019.32019.32020.32020.3

Assets216,131234,489

331,462352,134

Net assets

128,837

140,744

199,559

218,710

Millions of yen
90

Billions of yen
40

Debt/Net-Cash

Debt

Number of Employees

Net-Cash

Net Sales per Employee

30

1060
20

5300
(Millions of yen)1000
2017.32017.32018.32018.32019.32019.32020.32020.3

Number ofEmployees

8,675

9,010

12,361

12,580Net Sales perEmployee

32.6

34.7

30.4

35.1

(Millions of yen)2017.32018.32019.32020.3

Debt

18,111

19,01530,084

27,838

Net-Cash

15,058

13,203

5,573

3,794

※Net-interest bearing debt＝Debt－Cash and Cash Equivalent※Net Sales per Employee＝Net sales/Employees

260.0

Current Ratio%%100.0

Fixed Assets Ratio/ Fixed Assets to
Fixed Liability Ratio
Fixed Assets Ratio
Fixed Assets to Fixed Liability Ratio

240.0
50.0

220.0
200.00.0
2017.32017.3180.0
2017.32017.3(%)

256.02018.3
2018.3

247.2

2019.32019.3237.4

2020.32020.3

215.5

2018.32018.32019.32019.32020.32020.3Fixed Assets Ratio

53.8

58.2

61.3

58.7

Fixed Assets toFixed Liability Ratio

43.3

47.7

50.3

51.8

※Current Ratio ＝ Current assets/ current liabilities ×100％

5Mirait Holdings Corporation Factbook 2020

※Fixed Assets Ratio＝ Fixed Assets /Equity×100％※Fixed Assets to Fixed Liability Ratio＝ Fixed Assets/(Equity+ funded liabilities)×100％

Financial data

PER SHARE DATA AND OTHERSNet Assets per ShareYen

3,000Yen

400

Net Income per Share3002,000200
1,000
1000(Yen)0

2017.32017.32018.32018.32019.32019.32020.32020.3

1,570.5

1,733.1

1,933.8

2,006.4(Yen)※Net Assets per Share = Net Assets / total number of shares issued

50

Yen

2017.32017.32018.32018.32019.32019.3

79.8

145.4

295.3

2020.32020.3

149.9※Net income per share＝ Net income/average total number of shares issued

Cash Dividends per Share%

150.0

Dividend Payout Ratio/
Overall returns
Dividend Payout Ratio

40

Overall returns

100.0302050.0100.002017.32017.3(Yen)

30

2018.32018.335

2019.32019.340

2017.32017.32018.32018.32019.32019.32020.32020.3

Dividend PayoutRatio

37.6

24.1

13.5

26.7

Overall returns

76.6

24.1

13.5

95.4

2020.32020.3

40※Dividend Payout Ratio＝(Total cash dividends / net income)×100

Stock Price Range (FYE March 2020)

Price : yen

Volume : ×1,000

2,000

1,200

Volime
Price

1,750
800
1,500
400
1,250

1,000
2019/4/1

0
2019/7/1

2019/10/1

6

Mirait Holdings Corporation Factbook 2020

2020/1/1

Financial data

CASH FLOWS／CAPITAL EXPENDITURESSELLING, GENERAL AND ADMINISTRATIVE EXPENSES
Cash Flows

Billions of yen

20
10

Billions of yen

60

Cash Flows from Operating Activities（Left）
Cash Flows from Investing Activities（Left）
Cash Flows from Financing Activities（Left）
Cash and Cash Equivalents at End of Year(Right)

40

020-10-20(Millions of yen)0
2017.32018.32019.32020.3

Cash Flows from OperatingActivities

4,767

12,562

6,491

7,936

Cash Flows from InvestingActivities-11,140-10,021-13,523-9,176

Cash Flows from Financing
Activities

10,499-3,686-1,928-2,814

Cash and Cash Equivalents
at End of Year33,16932,21835,657

31,632Billionsof yen

Capital Expenditures/Billions
Depreciation and Amortization of yen
820

Billionsof yenSelling, General and AdministrativeExpenses(SGA)％

40

Capital Expenditures(Left)

12SGA(Left)
SGA Ratio(Right)

Depreciation and Amortization（Right）

615

30
8

10

4

20

5

2

10

40

00
(Millions of yen)2017.32017.32018.32018.32019.32019.32020.32020.3

CapitalExpenditures

4,666

12,626

19,346

9,132

Depreciation
andAmortization

2,805

3,007

4,085

5,897

(Millions of yen)

SGA0
2017.32017.3
23,4752018.32018.323,0462019.32019.3
26,2892020.32020.330,181

8.3

7.4

7.0

6.8

SGA Ratio※ SGA Ratio＝ SGA /Net Sales

7Mirait Holdings Corporation Factbook 2020

Financial data

SHAREHOLDER’S INFORMATION■Securities traded

Tokyo Stock Exchange■Securities Code1417■Number of Shares Outstanding(AS OF MARCH 31, 2020)

108,325,329■Share unit number

100 shares■Number of Shareholders

23,778■Major Shareholders

Number ofRatio ofShares inShareholding
thousands

Name of Shareholders
Japan Trustee Services Bank, Ltd.(Trust Account)

10,928

10.1%

Sumitomo Electric Industries, Ltd.

9,560

8.9%

The Master Trust Bank of Japan, Ltd(Trust Account)

7,356

6.8%

Sumitomo Densetsu Co, Ltd.

2,488

2.3%

MIRAIT Holdings Employee's Stock Option Plan

1,948

1.8%

SSBTC CLIENT OMNIBUS ACCOUNT

1,845

1.7%

J.P. MORGAN BANK LUXEMBOURG S.A. 1300000

1,689

1.6%

NORTHERN TRUST CO.(AVFC) RE FIDELITY FUNDS

1,655

1.5%

Japan Trustee Services Bank, Ltd.(Trust Account 5)

1,638

1.5%

JP MORGAN CHASE BANK 385151

1,458

1.4%

*1 The ratio of shares held is calculated after subtracting the treasury shares (479,590).
*2 The number of shares held shown is rounded down to the nearest 100 shares and the ownership is calculated by rounding off to one decimal place.

■ Shareholder Composition

Own share,etc
0.4%

Individuals,others
22.1%

FinancialInstitutions
34.9%

ForeignCorporations, etc
25.2%

Other Domestic
Corporation
17.4%

8Mirait Holdings Corporation Factbook 2020